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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 […]
Business
March 20, 2024
Winible Secures $6 Million in Funding to Revolutionize Sports Betting Sector
Winible, an innovative e-commerce platform targeting sports influencers and experts, has announced a significant milestone with the successful closure of a $6 million seed funding round. This funding, led by Inspired Capital, marks a pivotal moment for Winible as it aims to disrupt and transform the sports betting and gaming markets. The Platform Targets an […]
Business
March 4, 2024
Good Life Plus Raises $2.57M in Mark Blandford-Led Subscription Round
Good Life Plus, an innovative luxury prize draws brand, has unveiled a subscription raise of £2.03 million ($2.57 million). The raise was led by Mark Blandford, founder of Sportingbet (now Entain). The subscription included a total of 90,222,223 ordinary shares of £0.001 at a price of 2.25p each. The new shares should be admitted by […]
Business
February 27, 2024
ClearStake Bags Seven-Figure Funding Round
London-based financial services firm with a focus on open banking systems, ClearStake, has secured a seven-figure sum from its latest funding round. This means the 2020-founded company that lets players share data in whatever way works for them can start working toward more growth in the future, with special emphasis on scaling its global business […]
Casino
February 26, 2024
New Jersey Provides Municipalities with $100M for Boardwalk Repairs
New Jersey Governor Phil Murphy decided to provide Atlantic City with a $20 million grant. The funding is part of a $100 million initiative that will allow local municipalities to restore their boardwalks. The money is a leftover from the American Rescue Plan and will see New Jersey take care of its signature boardwalks. Originally […]
Sports
February 22, 2024
Flutter Donates £400,000 to Community Clubs across UKI
Flutter has reaffirmed its commitment to nurturing sports organizations across the United Kingdom and Ireland by agreeing to provide another £400,000 to local community clubs. This move is a part of the operator’s Cash4Clubs program, which has so far seen Flutter invest some £5 million into community sports. The grassroots sports program will once again […]
Industry
January 12, 2024
Washington County Rakes in $9.2M for LSA Program from Gambling
Pennsylvania’s Washington County is expected to receive some $9.2 million in gaming funds for economic development and community projects. According to a report from Observer-Reporter, a news outlet headquartered in the county, this would be the largest share of local share account casino gambling revenue Washington has received in 14 years. The Department of Community […]
Industry
November 29, 2023
KSA Provides Subsidies to Six Gambling Harm Prevention Research Programs
The Dutch gambling regulator, Kansspelautoriteit (KSA) announced that it has provided financial backing to six safer gambling projects. This move is a part of the ZonMw Prevention of Gambling Addiction research program. As outlined in the program, the recipients of the subsidies must start the projects by February 2024. The KSA also noted that this […]
Industry
August 2, 2023
GambleAware to Open Applications for System Stabilization Fund
In the wake of the UKGC’s decision to allocate regulatory settlement funding to GambleAware, the charity called for applications for a system stabilization fund. As coordinated with Britain’s regulator, GambleAware will use a portion of the money to stabilize the system of gambling harm prevention, support and treatment. The goal of the funding is to […]
Industry
June 30, 2023
MGCB Expects to Receive $51M in Funding for FY2024
The gambling regulator in Michigan, the Michigan Gaming Control Board (MGCB), would benefit from nearly $51 million in funding, after the state’s legislators reached an agreement for the Fiscal Year 2024 budget. Overall, some $50.7 million would be dedicated to the regulator, allowing it to continue to effectively monitor the market and promote responsible gambling. […]
