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Industry
November 2, 2021
Flutter’s Q3 2021 Trading Update Reveals Cracks in the Armor
Global gambling group Flutter Entertainment announced a third-quarter trading update today, posting a strong performance and 9% growth mostly driven by sports. However, the markets were unimpressed, and the FTSE100-listed company stock fell 7.3%. Overall Flutter Entertainment’s unaudited results for the quarter ended September 30, 2021, revealed revenues of £1.439 billion ($1.967 billion), an increase […]
Casino
November 2, 2021
Kalamba MGA License Strengthens Supplier’s Reach
Kalamba Games has secured a milestone supplier license from the Malta Gaming Authority (MGA), one of the biggest global regulators in iGaming and sports gambling. As a result, Kalamba will be able to offer content to operators which recognize MGA as a valid licensing agreement. MGA is presently a powerful gaming body that is recognized […]
Business
November 1, 2021
Better Collective Launched Gamalyze to Let Players Self-Test
Developer of educational online gaming platforms and sports media Better Collective came up with a new initiative in the safer gambling space to offer players to self-detect potential problem gambling. Detect Problem Gambling Traits Better Collective announced a new problem gambling detection tool, Gamalyze, will feature on its main sports betting media brands, launching it […]
Legal
October 29, 2021
Denmark: LeoVegas Escapes Regulatory Probe Unscathed
October turned out to be a month of mixed emotions for Swedish gambling group LeoVegas AB as far as its operations in Denmark are concerned. The month started with a renewal of its online gambling licenses, only to finish with a regulatory reprimand. AML and Reporting Failures Danish gambling regulator Spillemyndigheden released a statement on […]
Business
October 28, 2021
ComeOn Group Launched Global Hybrid Working Model
A new global hybrid working model was launched by ComeOn Group in response to shifting employee and business demands following the impact of the pandemic. Choose Your Workplace Operating out of offices located in Malta, London and Stockholm, ComeOn Group introduced a new hybrid model for its employees to allow them to choose on a […]
Industry
October 28, 2021
HMRC Accepts a New GGY Tax Bands Proposal, Effective April 2022
HM Revenue & Customs (HMRC) has accepted a new proposal considering the gross gaming yield (GGY) tax bands. According to this new policy, the GGY tax bands that are applied to the earnings of land-based casinos will expand. The main goal behind these new tax bands is to maintain the duties of casino operators at […]
Legal
October 28, 2021
Sweden: Spelinspektionen to Evaluate Online Gambling Restrictions
Sweden’s gambling regulator, Spelinspektionen, announced in a statement on its website today that the government has requested a review of the gambling market in the country. The regulator also confirmed restrictions on online gambling operators will be lifted on November 14, 2021. Evaluation of Online Gambling Restrictions The Swedish government instructed the regulator to evaluate […]
Business
October 27, 2021
Bally’s Corporation Acquires UK Game Studio Degree 53
Omni-channel gaming and entertainment company Bally’s Corporation announced the acquisition of game innovation studio Degree 53 as the latest step to enhance its in-house technology. Enhance In-House Technology The acquisition of the based in Manchester, UK, Degree 53 will further enhance technical capabilities for NYSE-listed Bally’s Corporation as it continues to establish a leading position […]
Sports
October 27, 2021
Inter Milan Names HappyBet Official Regional Partner
Based in Milan, Lombardy, Italy, Inter Milan is a professional soccer club that debuted in 1908. Last week, the team inked a new partnership through which HappyBet was named Official Regional Partner. HappyBet Becomes Official Regional Partner of Inter Milan FC Internazionale Milano, the soccer club also known as Inter Milan, announced a new partnership […]
Business
October 27, 2021
Interactive Gaming Group Appoints Alex Haywood CTO
Interactive Gaming Group, a media technology company operating out of Malta and Spain, announced today the appointment of Alex Haywood as its new chief technology officer. Focus on Video Streaming Former head of engineering at Evolution Gaming Alex Haywood is joining streaming-focused iGaming business Interactive Gaming Group (IGG) as CTO, to leverage two decades of […]