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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) […]
Industry
March 20, 2024
Former Gambling Addict Joined Aquarius to Help Others
Sam Perry, 33, started betting in 2018 and lost tens of thousands of pounds in two years. Luckily, he eventually mustered up the courage to seek help. The British man lost £60,000 to gambling but rediscovered himself and is now helping others overcome their addiction. In an interview with PA Real Stories, Perry reminisced about […]
Industry
March 20, 2024
UK: Sheffield Approves Policy Banning Gambling Billboard Ads
Changes to regulations about external advertising via billboards are going to make a big difference to the city of Sheffield in the UK. The City Council’s finance committee met on Monday this week, discussing and approving a new policy that would effectively prohibit the advertising of gambling, fast food, vaping and fossil fuel-related brands. The […]
Business
March 19, 2024
EGT Digital Injects Content from Local Studios into Bet365 Bulgaria
EGT Digital, a Bulgarian specialist in iGaming technology, has unveiled a major new partnership with bet365, one of the global leaders in gaming and sports betting. Under the deal, the former company will provide its new partner with content in the Bulgarian market. EGT Digital will leverage its cutting-edge game aggregation platform to supply popular […]
Industry
March 19, 2024
Denmark Records Lower Gambling Spend, iGaming Grows
Spillemyndigheden, Denmark’s gambling regulator, published a new statistic about the market’s performance in 2023. According to the authority, Danes spent a total of DKK 10.3 billion ($1.5 billion) on gambling in 2023. The figure, Spillemyndigheden added, represents a slight decrease of 1.7% year-on-year. The gambling regulator added that spending has been on the decline every […]
Industry
March 18, 2024
Research into Social Media Gambling Ads Calls for Regulatory Changes
Advertising is an inseparable part of selling any product or service. With the popularity of social media, advertising has never been easier. But while social media allows companies to advertise their products to many consumers at once, some ads may impact vulnerable groups such as children and this is precisely the topic of a new […]
Industry
March 18, 2024
NHS Answers High Demand for Support with New Sheffield Clinic
In 2023 alone, the National Health Service (NHL) in the UK, the government-paid service that offers free medical treatment for everyone, stepped up its problem gambling support by opening no less than seven new gambling clinics. Now, news has emerged the NHS has opened a brand new facility in Sheffield city center, anticipating the acute […]
Industry
March 18, 2024
MGA Confirms Cancellation of Rush Gaming’s License
In January this year, the gambling regulator in Malta, the Malta Gaming Authority (MGA), announced it had decided to suspend the authorization for Rush Gaming, a company that currently operates the websites onebet.com and fansbet.com. At the time the suspension was announced, the Authority explained that the company can no longer offer any gaming operations. […]
Industry
March 15, 2024
ATG Worried about Persistent Swedish Channelization Decline
Countries across Europe have implemented different laws when it comes to gambling activities. While some jurisdictions on the Old Continent have stringent laws regulating iGaming, in others the rules are rather lax. Regardless of whether or not the regulations are strict, the black market continues to threaten the legal sector and gambling regulators in many […]
