Gambling News - 'Global'
Business
November 12, 2024
Oddschecker Discontinues Betting Professor Amid Substantial Losses
Oddschecker has pulled the plug on The Betting Professor, its paid tipping service, after it bombed and lost a lot of money. Oddschecker Faces Backlash Over Betting Professor’s Claims Oddschecker made this call just three months after rolling out the service in August 2024. It had hyped it up as a special perk for those […]
Insider
November 11, 2024
Catie Di Stefano: “Personalization in the gambling industry is essential”
Catie Di Stefano, Marketing Director at Smartico speaks with GamblingNews discussing how personalization is transforming the gambling industry, driving player loyalty, and setting new standards for engagement and retention. Q: Why is personalization important in the gambling industry? Personalization in the gambling industry is not just important, it is essential. With countless operators available, a […]
Industry
November 8, 2024
Casino Guru Helps Settle $1.35M Dispute, Supports Players’ Rights
Disputes within the gambling vertical are not uncommon, especially in the digital age. While in some cases operators may be the ones to blame, in others, insufficient compliance or missing documents by gamblers may result in temporarily halting the collection of payouts. In one similar case, the recognizable online casino information source offering services that […]
Poker
November 8, 2024
ACR Poker Introduces $20M GTD Winter Online Super Series
The popular poker platform will run a massive online poker event series, dubbed the Winter Online Super Series or WOSS, from November 10 through November 25. The series is said to feature at least $20 million in guaranteed prize pools, but the target is likely to hit above this mark. ACR Poker Announces a Massive […]
Business
November 7, 2024
Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials
Catena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-third, from EUR 15.9 million ($17.2 million) to EUR 10.7 million ($11.58 million) year-on-year. These results mark a trend of revenue decline that CEO […]
Industry
November 7, 2024
Google Ads to Allow Personalized Social Casino Game App Campaigns
Next month, Google Ads will update its Personalized Ads policy to allow personalization for social casino game app campaigns. This change will take effect on December 4, 2024, and by the end of March 2025, all advertisers will be able to personalize ads for online social casino game apps. Social Casino Mobile Apps, Removed From […]
Business
November 7, 2024
Super Group Q3 Report Shows Africa Focus Is Paying Off
Super Group, Betway’s parent company, has published its financial report for the third quarter of the year, reporting a record-breaking revenue figure. The company attributed its amazing financials to its growth in key markets such as Africa, Europe and Canada. Super Group’s Strongest Q3 Yet Super Group, which operates Betway and Spin, reported revenue of […]
Business
November 6, 2024
Kambi Maintains Growth Trajectory with Solid Q3 Results
The trusted provider of sports betting services and solutions, Kambi, released its latest financial update, pointing to strong results for the third quarter of 2024. Share Repurchase Program Announced with Q3 Financials On Wednesday, the company confirmed that its Q3 revenue hit €43.0 million ($46.3 million), a figure that pointed to a single-digit increase when […]
Business
November 5, 2024
Wynn Resorts Remains Optimistic on UAE Expansion Despite Underwhelming Q3 Results
Despite an unimpressive third-quarter earnings report, Wynn Resorts is doubling down on its ambitious expansion into the UAE, specifically through its landmark Wynn Al Marjan Island project in Ras Al Khaimah. CEO Craig Billings was optimistic about the UAE project, set to launch in 2027, as the operator expects it to usher in a new […]
Legal
November 5, 2024
High-Profile Fugitives Laundered Millions of Dollars at LVS Properties
Years ago, fraudsters stole some $4.5 billion from Malaysia Development Berhad, an insolvent Malaysian strategic development company. An investigator in Singapore now believes that some of the money has been siphoned to Las Vegas Sands properties via a shell company. The Largest Kleptocracy Case to Date Described as one of the world’s greatest financial scandals […]