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Business
November 14, 2024
Gambling.com Reports Solid Q3 Growth, Raises Full-Year Expectations
The provider of digital marketing services powering the global online gambling industry, Gambling.com, released its latest financial update. A New Quarterly Revenue Record On Thursday, the company uncovered details regarding its performance for the third quarter ended September 30, 2024, pointing to strong adjusted EBITDA growth in combination with an increase in revenue. Besides details […]
Industry
November 13, 2024
Brazilian Senate Launches CPI to Evaluate the Influence of Online Betting
The Brazilian Senate has formally initiated its Parliamentary Commission of Inquiry (CPI) of Bets, which will follow up on the rapid growth and alleged irregularities of online betting businesses that operate in Brazil. The new commission will investigate the financial consequences of online betting on family budgets, possible links to organized crime in the betting […]
Industry
November 13, 2024
New Zealand Mulls Over New Rules as iGaming Legislation Looms
New Zealand is considering new measures to protect younger audiences from gambling harm. To that end, lawmakers plan to limit the number of overall iGaming licenses, require licensees to set up an age verification system, and ban gambling ads that might appeal to children. New Zealand Wants to Launch Legal iGaming The new measures come […]
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 […]
Business
November 8, 2024
Evoke Shifts Focus to Europe with 2025 iCasino Shutdown in Michigan
Releasing its Q3 financial results recently, Evoke hinted at its plans to abandon the market in the United States and focus on European markets where it already enjoys exceptional growth. Part of that plan affects the company’s operations in Michigan via Sports Illustrated Casino and Sportsbook. The Company Offloads US B2C Assets Under Evoke’s plan, […]
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 […]
Industry
November 6, 2024
France Initiates iCasino Talks with Industry Stakeholders
At the end of October, we reported on France’s Minister Delegate for the Budget and Public Accounts announcement the government would no longer consider the legalization of iGaming, with lawmakers taking a stake back in light of economic concerns. France and Cyprus are the only EU member states that continue to prohibit iGaming. Now, roughly […]
Industry
November 4, 2024
Reeves Says No to Online Gambling Tax Hike, Sparks Criticism
Last month, we reported on the Labour Party’s plan to consider a £3 billion tax hike for gambling companies, mostly aimed at online casinos and sports betting activities. Chancellor Rachel Reeves and ministers were then pondering a rise in the online gambling taxes from 21% to 50% that would have boosted public finances by roughly […]
Industry
November 4, 2024
New Zealand Plans to Regulate Online Gambling by 2026
It may be a few years before New Zealand residents can enjoy legal online gambling. Yet, lawmakers are working on the matter and legislation is expected to be implemented by 2026. Until then, however, iGaming is only possible via unlicensed or offshore operators as the country lacks laws regarding online gambling. Legalizing iGaming Will Help […]
Industry
November 1, 2024
Ireland Launches Search for GRAI’s Chair and Board Members
Ireland has officially started to recruit the seven members required for the board of its newly formed statutory body. Applications will close on November 15. The Gambling Regulatory Authority of Ireland (GRAI), established under the landmark Gambling Regulation Bill 2022 that was turned into law in October last month, seeks to create a comprehensive framework […]
