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Industry
March 26, 2024
UK MP Involved in Gambling Lobbying Scandal Resigns
Tory MP Scott Benton has decided to resign, saying that he has always sought to protect Blackpool’s best interests. His departure comes a year after a gambling lobbying scandal. For reference, Benton was suspended from the parliament after he was accused of lobbying efforts. Back in early 2023, the Blackpool South MP was approached by […]
Industry
March 26, 2024
VDAI Slams ‘Gambling Atlas Germany 2023’ Over Methodological Flaw
The Association of the German Slot Machine Industry (VDAI) has voiced strong criticisms against the “Gambling Atlas Germany 2023,” citing methodological flaws and inadequacies. The VDAI outlined 30 specific points of contention, highlighting unreliable sources, flawed methodologies, and erroneous claims within the Atlas. ‘Gambling Atlas Germany 2023’ Falls Short on Objectives and Statistical Accuracy” The […]
Industry
March 25, 2024
Malta Gaming Authority Cancels BTM Entertainment’s License
Several years ago, in 2019, the gambling regulator in Malta, the Malta Gaming Authority (MGA), announced it decided to suspend the authorization of BTM Entertainment Group Limited, a company that operated the online gambling brand Roy Richie. This suspension effectively stopped the gambling company from operating as it wasn’t allowed to register new players or […]
Industry
March 25, 2024
BetCity’s Former Owners File €104M Counterclaim against Entain
A few years ago, Entain announced its plans to acquire the leading online betting and iGaming brand in the Netherlands, BetCity. Last year in January, the company finalized the acquisition of the brand. However, earlier this year, Entain launched a lawsuit, alleging that the former owners of BetCity failed to disclose a couple of breaches […]
Business
March 25, 2024
Swintt Expands Presence in Germany via Bet-At-Home Deal
Swintt, a leading provider of gambling software and games, has unveiled a new tie-up with Bet-At-Home, a German iGaming platform. Under the deal, the former company will inject its full SwinttPremium portfolio into the operator’s content offering. Bet-At-Home is one of Germany’s big sports betting operators, which is now slowly expanding its lineup of iGaming […]
Industry
March 22, 2024
Spelinspektionen to Assess Accounts Used for Criminal Activities
According to a new government mandate from the Swedish authorities, the country’s gambling authority, Spelinspektionen, has been asked to assess all the risks tied to gambling accounts that are used for money laundering and other similar types of criminal activities. Proposals to Be Drafted After the Assessment At the end of the thorough reviewing process […]
Business
March 21, 2024
Gambling.com to Acquire XLMedia Betting Assets in $42.5M Deal
Gambling.com Group, an award-winning performance marketing company serving the iGaming industry, has entered into an agreement to acquire XLMedia’s sports betting business in Europe and Canada. The $42.5 million deal comes in the wake of the signing of a new $50 million credit facility with Wells Fargo. Under the deal, Gambling.com will pay a fixed […]
Sports
March 21, 2024
Flutter’s UK, Irish Brands Record 35M Bets during Cheltenham Festival
Last week, the Cheltenham Festival, one of the most-anticipated world-class racing events in the United Kingdom and Ireland, wrapped up. Considering the importance of the four-day Festival, sports books have been preparing for a significant time to ensure a seamless and enjoyable experience for bettors and racing fans alike. Not unexpectedly, the Cheltenham Festival was […]
Business
March 21, 2024
Penta Investments Reportedly Considers Divesting Fortuna Entertainment
Penta Investments, which owns the betting and gaming powerhouse Fortuna Entertainment Group, is reportedly considering selling the operator. According to Reuters, the investment group onboarded JPMorgan to explore a potential sale. Fortuna, which is one of the leading gambling entities in Central and Eastern Europe, could sell for as much as 2 billion Euros, a […]
Industry
March 21, 2024
Problem Gamblers Are Twice as Likely to Lose Their Tenancy, Study Says
Aston University’s Centre for Personal Financial Wellbeing has concluded a two-year study of the effect of problem gambling on tenancy security. The work highlights the potential dangers of problem gambling and how it exposes people to the risk of losing their homes. This first-of-its-kind study was done in collaboration with the Birmingham City Council (BCC) […]
