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Industry
March 4, 2024
Sweden’s Operators Report $2.6B in Turnover for 2023
The Spelinspektionen, Sweden’s gambling regulator, has posted data about the regulated Swedish gambling market’s performance in 2023. According to the preliminary results, metrics remained mostly stable, with licensed gambling companies reporting a total turnover of SEK 27.1 billion ($2.6 billion). The turnover figure is more or less in line with the total turnover reported in […]
Industry
March 4, 2024
Norway’s Tough Gambling Rules May Impact Players Outside the Country
Across Europe, gambling regulations vary from one country to another. While there are rules on a European level related to anti-money laundering, for example, other regulations can vary greatly. Some jurisdictions do not allow online gambling operators without a license to offer their services to customers in their respective countries. Others have more lax rules […]
Legal
March 1, 2024
Finland Black-Lists Betsson Group’s BML Ltd amidst Legal Battle
In a historic move, Finland has black-listed BML Group Ltd, a subsidiary of the Betsson Group, marking the first instance of such action against a Malta Gaming Authority (MGA) licensed company. The decision comes in the wake of BML Group losing a legal battle against the Finnish National Police Council, leading to significant consequences, including […]
Industry
March 1, 2024
Finland Sees Uptick in Problem Gambling Numbers
THL, as the organization is known for its Finnish acronym, estimates that 4.2% of respondents to its survey are at risk of developing a gambling problem, or already suffer from one. Finland Sees Increase in Problem Gambling In other words, 150,000 people in the country may fall in this category, but the figure is doubly […]
Industry
March 1, 2024
UK Gambling Commission Investigates Illegal Bookmakers
The debate on the proposed affordability checks in the UK intensified amid the planned reform of the gambling industry in the country. Earlier this week, MPs engaged in a heated discussion on the proposed spending checks and that discussion followed a petition effort led by Jockey Club’s CEO, Nevin Truesdale. The petition gathered more than […]
Industry
February 29, 2024
KSA Trying to Fine Gammix Limited with Record €19.7M Sum
The Dutch gambling authority whose goal is to “create a world where gambling services are reliable, operators are transparent, and players are protected,” the Netherlands Gaming Authority (KSA), might be getting ready to collect the highest enforcement fee in its history. The independent administrative body is trying to impose a whopping €19.7 million ($21.3 million) […]
Industry
February 29, 2024
UK Gambling Study: 48% Gamble within Four Weeks
The gambling regulator in the UK, the Gambling Commission, released its first wave of results from the Gambling Survey for Great Britain (GSGB). The initiative follows years of development and seeks to collect better data about gambling participation in the country. Ultimately, such vital data is expected to play an important role in improving UK […]
Sports
February 29, 2024
KSA Shows Concerns Over 85% Drop in 2023 Match-Fixing Reports
The 2012-established independent administrative body that supervises and regulates gambling services in the European part of the Kingdom of the Netherlands, the Netherlands Gaming Authority (KSA), has released the 2023 match-fixing report. The report speaks of a concerning 85% decrease in the number of reports related to suspicious match-fixing activities in sports competitions. The Sharp […]
Sports
February 29, 2024
BHA Joins Ongoing Discussions on Affordability Checks
Amid plans for major changes to the gambling industry in the UK, the implementation of affordability checks remains one of the most controversial topics. On one side, the government seeks to overhaul the gambling regulations in the country, making them suitable for the digital age and ensuring the protection of the players in light of […]
Business
February 29, 2024
Lottomatica Boasts Strong FY 2023 Results with €1.6B
Lottomatica, a company that operates in the regulated gambling market in Italy and is de facto the first legal entity to have been authorized to provide its products locally, has boasted strong financial tailwinds, with the company generating €1.6 billion revenue in the 12 months ending on December 31, 2023. Financial Tailwinds Carry Lottomatica into […]
