Industry News and Headlines
Industry
May 19, 2022
Gambling Addict Scammed Acquaintance’s €56,000 Inheritance
A gambling addict from Cork who managed to squeeze every single euro out of his acquaintance’s €56,000 ($59,000) inheritance told the court that every time he had closed his BoyleSports account, the operator enticed him back to gambling with free €50 ($53) bets. Gambling Addiction Led to Crime 48-year-old Thomas O’Connell stood in court facing […]
Industry
May 19, 2022
Design Works Gaming Launched Content in the UK with Mr. Green
Innovative slot game developer Design Works Gaming (DWG) announced this week its content is now accessible for UK online casino players via Mr. Green, building on its successful partnership with William Hill. Partnership to ‘Continue to Evolve and Grow’ Following the DWG content launch with Mr. Green, a collection of the designer studio’s high-performing titles […]
Industry
May 19, 2022
ASA Shares Its 2021 Gambling Ads Review, Notes That Youth Exposure Is Down
UK’s agency that regulates the advertising industry, the Advertising Standards Authority (ASA), has released its 2021 review and states that it received a total of 43,325 complaints connected to around 22,000 cases. In doing so, it doubled down on its tougher restrictions concerning ads in the gambling industry, through which operators won’t be able to […]
Industry
May 19, 2022
GGR, Gaming Tax Continues to Decrease in Macau for April
A new report reveals tax revenue from gambling activities in Macau decreased significantly last month. Gaming Tax, Gross Gaming Revenue Continues to Go Down The Financial Services Bureau has announced tax proceeds from gambling activities in April hit MOP$1.48 billion ($183 million). This result marked a significant decrease of nearly 54% when compared to the […]
Industry
May 19, 2022
Ireland Introduces New Rules for Regulating Gambling Industry
Sweden may have dodged a daytime ban on its gambling, but Ireland is heading in the opposite direction. The Irish Join Committee on Justice has taken a look at an upcoming Gambling Regulation Bill and has reached a conclusion that gambling should not be advertised before 9 pm and that the country should take a […]
Industry
May 19, 2022
Arkansas Racing Commission Sued over Lack of Problem Gambling Resources
Four years after passing a bill and constitutional amendment that allowed casinos to arrive in Arkansas, no gambling addiction help resources have been developed. As a result, a concerned group of individuals is now taking the fight to the state, questioning the validity of Amendment 100 which made casinos possible but failed to fulfill the […]
Industry
May 19, 2022
Elys Ended Q1 2022 with 14% Less Revenue Year-Over-Year
Interactive sports betting and gaming company Elys Game Technology released its first quarter 2022 financial report to reveal a revenue slump year-over-year and marginal sequential growth. Revenue Decreased due to Italy Land-Based Closures Nasdaq-listed Elys Game Technology generated for the three months ended March 31, 2022 GAAP revenue of $12.2 million, down 14% when compared […]
Industry
May 18, 2022
Nuvei Powers Hard Rock Digital with Instant Deposits
Nuvei, a global provider of payment technologies has agreed to join forces with Hard Rock Digital. The agreement will see the provider power its new partner with critically-acclaimed payment solutions. Nuvei Provides Hard Rock with Instant Payments As per the deal, Nuvei will provide Hard Rock Digital’s mobile sportsbook apps with fast alternative payment solutions. […]
Industry
May 18, 2022
Sportradar: Strong Q1 2022 Revenue Growth Offset by Expenses
Sportradar Group, the Swiss-based sports data, technology and content company, released its first quarter 2022 financial results posting a decrease in profit despite the strong revenue growth. Revenue across Segments For the three months ended March 31, 2022, Sportradar registered €167.9 million ($176.3 million) in revenue, up 31% on €128.5 million ($134.9 million) the number […]
Industry
May 18, 2022
Catena Media Reports All-Time High Revenues in Q1
Catena Media has published its interim report for January-March 2022, reporting Q1 revenue of €45.2 million ($47.5 million). The number marks an 11% growth compared to Q1 of 2021 when the company also recorded a strong start of the year and represents an all-time high in revenue and earnings for the company. A number of […]