Industry
April 8, 2024
Ukraine: iGaming Operators Post Significant Increase in Revenues
In 2022, the same year when Russia invaded Ukraine in an unprecedented act of war, online casinos and betting operators in Ukraine reported UAH 1.94 billion ($50 million) in total revenue. A year later, their revenue skyrocketed more than 28 times, hitting nearly UAH 55 billion ($1.4 billion). Data released by the country’s service for […]
Business
April 8, 2024
BGC Names Grainne Hurst as New Chief Executive Officer
The standards body, representing the regulated UK gaming and betting industry, the Betting and Gaming Council (BGC), recently announced changes to its senior-level team. The Council initiated a search for a new visionary CEO after Brigid Simmonds, BGC’s chair, confirmed her intention to step down in April. In light of Simmonds’ announcement, Michael Dugher, the […]
Industry
April 5, 2024
Spillemyndigheden Issues Orders, Reprimands SkillOnNet
Spillemyndigheden, the Danish Gambling Authority, tasked with the regulation of the gambling sector in the country, announced it issued reprimands and orders against one gambling operator. Earlier this week, the Authority revealed that it issued three orders to SkillOnNet. The orders came after the gambling regulator uncovered that the licensee breached the rules for anti-money […]
Business
April 5, 2024
KSA Teams up with Cloudflare to Combat Illegal Gambling
The Dutch gambling regulator, Kansspelautoriteit (KSA), announced it signed a new agreement with the global provider of cloud services, Cloudflare. The new collaboration was confirmed Thursday by the gambling watchdog. Joining forces with Cloudflare, KSA said that it will continue the battle against illegal online gambling websites offering their services to Dutch customers. Per the […]
Industry
April 4, 2024
More than 100K People Used GambleAware’s Self-Assessment Tool
The leading independent charity and strategic commissioner of gambling harm education, prevention, early intervention, and treatment across Great Britain, GambleAware, has reported a boost in the number of individuals seeking support for gambling harms. The decision comes after engaging with a series of prevention initiatives, according to fresh data from the body, with emphasis on […]
Industry
April 4, 2024
Yaspa Bags Grant to Develop Safer Gambling Platform
The award-winning fintech that uses Open Banking to provide payment and verification services, Yaspa, has announced it has received a government grant from Innovate UK, a national innovation agency. The latter is a sub-division of UK Research and Innovation, which is a government-funded body that invests £8 billion ($10.1 billion) of taxpayer’s money into different […]
Industry
April 4, 2024
UKGC Hits bet365 with $740K Fine over AML, Social Responsibility Breaches
The UK gambling regulator, the Gambling Commission (UKGC), announced that bet365 was the latest operator hit with a settlement due to regulatory breaches. On Thursday, the gambling regulator confirmed that the leading betting and gaming company is subject to a £582,120 ($737,234) monetary sanction. The hefty settlement comes after the Commission uncovered social responsibility failures […]
Industry
April 4, 2024
Dutch iGaming GGR Growth Is Slowing Down, KSA Says
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), has published data about the legal iGaming industry’s performance in 2023. According to the authority, the gross gaming revenue of licensed operators increased, although the growth rate slowed down compared to the previous year. In 2023, the total GGR reached EUR 1.39 billion ($1.51 billion), up from EUR […]
Industry
April 3, 2024
Romania Appoints Hairstylist as National Gambling Office VP
Romania’s prime minister, Marcel Ciolacu, has appointed Cristian-Gabriel Pascu as the vice-president of the National Gambling Office (ONJN). The decision made by the government’s head at the recommendation of the Ministry of Finance has already sparked a lot of controversy in the gambling industry as soon as the official announcement was published in the government […]
Industry
April 3, 2024
Bulgaria: Parliament Turns Down Gambling Ad Restrictions
A draft, proposing changes to the gambling regulations in Bulgaria was recently rejected by the country’s majority in Parliament. The draft called for changes to the Gambling Act in the country in an effort to reduce problem gambling and gambling harm. The rejected draft proposed the implementation of changes to the gambling advertising regulations in […]
