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Industry
May 28, 2024
Swedish Gambling Authority Fines Hacksaw and Panda Bluemoon
The authority that ensures the legality, safety, and reliability of the Swedish gaming and gambling market, the Swedish Gambling Authority (SGA), has issued a series of warnings and penalties to Hacksaw Studios and Panda Bluemoon for offering online games to unlicensed operators. SGA Deems Hacksaw’s Processes “Inadequate” Hacksaw has been slapped with a SEK2.6 million […]
Business
May 28, 2024
Swedish Court of Appeal Lowers Sanction against Kindred from 2020
One of the largest iGaming operators across the globe, Kindred Group, secured a partial win in an ongoing dispute in Sweden over a sanction it received several years ago. On Monday, the Group confirmed the Administrative Court of Appeal in Jönköping reduced the penalty imposed against the company in 2020, which was SEK 100 million […]
Business
May 23, 2024
Public Utilities Benefit as Loterie Romande Hits Record Profit in 2023
Loterie Romande, the Swiss public lottery, which has been operating since 1937, released its latest report, disclosing insights about its performance throughout 2023. Last year marked a busy period for the lottery, which reported gross gaming revenue of CHF 420.7 million ($460.3 million). The revenue, compared year-over-year represented a slight decrease, considering the CHF 435.5 […]
Industry
May 23, 2024
July Election Announced by PM Sunak Delays Gambling Reform
On May 22, the UK’s Prime Minister, Rishi Sunak, made a surprise announcement regarding an unexpected election scheduled for July 4. The news came at a time when the UK was fully involved in the implementation of several gambling reforms featured in the April 2023 white paper, triggering several questions regarding the future of the […]
Industry
May 23, 2024
ASA Reports Decreasing Exposure to Gambling Ads in Minors
Every two years, the UK’s independent advertising regulator, the Advertising Standards Authority (ASA), publishes a report regarding children’s exposure to TV ads. The authority has recently made its latest report for 2024 public, and the numbers are looking good. Kids’ Exposure to TV Gambling Ads on a Decreasing Trend The idea of the report came […]
Industry
May 23, 2024
Poland: STS Pursues Appeal over Ministry of Finance AML Fine
In a deal dating back to last summer, the leading gaming and entertainment group, Entain, announced the acquisition of STS, a leading bookmaker in Poland. The acquisition, valued at £750 million ($955.6 million), took STS private, although the company was previously traded on the Warsaw Stock Exchange. In January 2022, STS received a fine by […]
Sports
May 22, 2024
Vancouver Whitecaps vs. Inter Miami 2024 MLS Odds, Time, and Prediction
Lionel Messi and Inter Miami are coming to Canada this coming weekend to take on the Vancouver Whitecaps for the first time ever. The Herons have been in fantastic form overall, but they did struggle offensively in the last two games, which could be a problem as the Whitecaps are great defensively. Vancouver Whitecaps vs. […]
Sports
May 22, 2024
Betting Investigation Stalls Paqueta’s $90M Move to Man City
An investigation by the Football Association (FA) into an alleged betting activity related to Lucas Paqueta, the West Ham star, dating back to last year continues to hold the soccer player’s signing with Manchester City. Talks have been on hold since last August in what was expected to be a temporary halt. The move came […]
Industry
May 21, 2024
Spain’s DGOJ Initiates Debate on Unified Gambling Data Registry
The gambling sector in Spain is expected to feature one of the toughest regulations on the Old Continent. Changes to the industry’s regulatory framework have already been initiated and the overhaul of the market has already started. Part of the changes within the gambling sector involves strict know-your-customer (KYC) rules and the establishment of a […]
Poker
May 21, 2024
Montenegro Poker Game Costs Former Farage Advisor £16M
Reading your opponents, adapting to changing conditions, bluffing, maintaining focus, managing your finances and being overall disciplined are among the most important skills required for poker players. While most people may think that those skills can be learned while playing, this is certainly the hard way to learn them, and it usually comes at a […]
