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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 […]
Business
April 3, 2024
XLMedia Completes Sale of Freebets to Gambling.com
Betting media agency XLMedia has confirmed the completion of its recent deal with the performance marketing specialist Gambling.com Group. As previously agreed, the former party divested its sports betting and gaming assets in Europe and Canada in a $42.5 million deal. The agreement includes a fixed consideration of $37.5 million, which will be paid out […]
Industry
April 3, 2024
Ukraine Considers New Restrictions for Online Gambling
On February 24, 2022, Russia invaded Ukraine in what can only be described as an unprecedented act of war. This invasion became the largest attack on a sovereign European country ever since World War II. The war resulted in the displacement of millions of Ukrainians and the death of civilians and military personnel. While the […]
Casino
April 3, 2024
Swedish Influencers Under Fire for Illicit Online Casino Advertising on Twitch
It has come to light that a significant number of Swedish influencers on the video platform Twitch have been endorsing unlicensed online casinos, sparking concerns about the promotion of illegal gambling activities. 8 in 10 Swedish Influencers Promote Unlicensed Casinos Following a thorough investigation conducted by Kulturnyheterna, the investigative arm of Sveriges Television AB (SVT), […]
Industry
April 2, 2024
Gambling Regulator in Denmark Continues to Fight Illegal Offering
The gambling regulator in Denmark, Spillemyndigheden, released a new report, highlighting its efforts against illegal gambling and accomplishments completed in 2023. Details regarding the new report emerged Tuesday with the gambling regulator confirming that monitoring illegal gambling offerings is a part of its ongoing priorities. Not unexpectedly, Spillemyndigheden takes action against unlicensed gambling operators offering […]
Lottery
April 1, 2024
Man Who Claimed £2.5M Jackpot with Fake Ticket Freed
A 58-year-old man who was convicted of raping a 17-year-old girl more than three decades ago and was recently serving a sentence for fraud after claiming a multi-million lottery jackpot was recently released. The case involves a person with the initials E.P., who used to be a builder before co-conspiring to claim £2.5 million ($3.2 […]
