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Business
March 13, 2024
BGaming Agrees to Provide Betsson with Games
BGaming, an expert in online casino content, has formed a new partnership with Betsson, a leading online gambling operator. Under the deal, the supplier will power the operator with its award-winning portfolio of slots in multiple European markets. According to the announcement, BGaming will provide certified games to the MGA and Hellenic Gaming Commission-licensed operator. […]
Industry
March 12, 2024
Michel Groothuizen to Assume the Role of KSA Chairman in July
In October, the Netherlands Gambling Authority, Kansspelautoriteit (KSA), announced it would search for a new chairman after René Jansen confirmed his plans to leave the organization. Several months have passed since then and the gambling regulator recently confirmed that it found a successor for the chairman role. The KSA revealed that it selected Michel Groothuizen, […]
Industry
March 12, 2024
Layoffs at Major Firms Confirmed by Gibraltar Gambling Commissioner
Currently, Gibraltar is an important European gambling market. In the country, thousands of people are employed by leading gaming operators that have a presence across the globe. The gambling sector in Gibraltar is currently regulated under the Gibraltar Gambling Act 2005 and the country has been serving as an important hub for online gambling operators […]
Business
March 12, 2024
Betsson Brand Transfer Counters Finnish Payment Blockade
Betsson has made a strategic move amidst regulatory challenges, transferring its brands to a new holding company entity. This maneuver comes in response to Finland’s National Police Board (NPB) decision to include Betsson’s subsidiary BML Group Ltd on its payment blocking list, compelling the company to take decisive action to continue its operations. Betsson Hands […]
Legal
March 11, 2024
Grandfather Sues Bingoal after Underage Grandson Gambles €162,000
A Dutch minor has gambled away hundreds of thousands of Euros, prompting a lawsuit against the operator that allowed this to happen. The company in question is Bingoal, which reportedly never intervened as the teenager lost much of his grandfather’s money. The total sum the young player (aged 17) lost reached a whopping €500,000, although […]
Business
March 8, 2024
Veikkaus Posts 2023 Results in Line with Expectations
The Finnish state-owned and monopoly operator, Veikkaus, released its latest financial report, uncovering details regarding its performance throughout 2023. Overall, Veikkaus Group’s sales revenue last year halted at €1.03 billion ($1.13 billion). This result, compared to the 2022 figure, showed a slight 3.5% decrease year-over-year. On the other hand, profits for the fiscal year reported […]
Industry
March 8, 2024
Swedish Gambling Regulator Extends MoU Agreement with UKGC
In November 2019, Spelinspektionen, the Swedish gambling regulator, inked a Memorandum of Understanding (MoU) with the gambling regulator in the UK, the Gambling Commission. The international collaboration focused on identifying best practices, exchanging information and ensuring the sustainable growth of the two markets. The strategic MoU between the Gambling Commission and the Swedish gambling regulator […]
Industry
March 8, 2024
Montenegro Gaming at Peril as Country Contemplates Electronic Payments Ban
The Montenegro government recently announced its plans to ban the use of electronic payment methods on betting sites, sparking industry concerns. Montenegro Bet, a local trade association, has expressed its disagreement with the measure, calling it “unconstitutional.” The change is outlined in the proposed Article 68f of Montenegro’s gambling law. If passed, it would prohibit […]
Business
March 8, 2024
Danske Spil Posts FY 2023 Results, Highlights 6% Increase in Net Income
Danske Spil, Denmark’s state-owned lottery and betting operator, has published its FY 2023 results, reporting a slight increase in overall revenue. Data shows that the company’s lottery businesses fared well but the casino and sports betting businesses experienced a decline. Revenue in 2023 reached DKK 5.04 billion ($0.74 billion), up from DKK 4.98 billion in […]
Poker
March 7, 2024
VBET Inks Deal with Ukrainian Sport Poker Federation for Poker Series
After expanding its presence on Ukrainian soil with a partnership inked with the country’s Ice Hockey Federation that turned it into the national ice hockey team’s title sponsor in 2021, and inking an assortment of similar agreements with the Ukrainian Association of Football for the VBET Cup, the Ukrainian Premier League for VBET LIGA, and the National […]
