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The Latest in igaming
Industry
April 2, 2024
Gambling Regulator in Denmark Continues to Fight Illegal Offering
The gambling regulator in Denmark, Spillemyndigheden, released a new report, highlighting its efforts against illegal gambling and accomplishments completed in 2023. Details regarding the new report emerged Tuesday with the gambling regulator confirming that monitoring illegal gambling offerings is a part of its ongoing priorities. Not unexpectedly, Spillemyndigheden takes action against unlicensed gambling operators offering […]
Business
April 2, 2024
DraftKings Triumphs as “Clear Winner” among Competitors, Says New Survey
Amid the expansion of sports betting across the United States, competition in the sector remains fierce. Currently, close to 40 states offer some form of legal wagering on sports, with most providing options for both retail and online/mobile betting services. With that in mind, each state represents a competition for sports betting operators, despite the […]
Industry
April 1, 2024
Thailand Has Blocked 25,000+ Online Gambling Websites Since October
Thailand continues its crackdown on unlicensed online gambling as discussions around the potential legalization of casino gaming continue. The country introduced a new policy that recognizes illegal gambling operations as serious economic crimes. The policy was unveiled yesterday by deputy government spokesperson Kanika Aunjit. According to her, the Ministry of Digital Economy and Society vows […]
Business
March 28, 2024
Allied Gaming Reports 21% Increase in Revenue for 2023, Cuts Costs
The fast-growing esports entertainment and gaming company with a global presence, Allied Gaming & Entertainment (AGAE), released its latest financial update, highlighting key details for its performance during the fourth quarter and full year 2023. The company reported strong growth in revenue, complemented by a decrease in costs and expenses. In total, AGAE’s revenue for […]
Business
March 28, 2024
Harris Hagan to Elevate David Whyte to Partner Role
Harris Hagan, the company with the largest dedicated gambling legal and regulatory team in the United Kingdom, announced a senior-level promotion. The firm has announced it has decided to promote its senior associate, David Whyte, to the role of partner. Taking the role of partner as of April 1, 2024, Whyte joins Bahar Alaeddini and […]
Business
March 28, 2024
Conexus Group Launches M&A Advisory Firm Conexus Capital
The portfolio of world-class businesses that specialize in the provision of recruitment, training, consulting, Mergers & Acquisitions (M&A) Advisory, marketing, and managed services, Conexus Group, has announced the launch of a specialist M&A advisory firm. As announced by the group with offices all around Europe, the US, and the Asia Pacific region, the new firm, […]
Industry
March 27, 2024
Online Gambling Bill Picks up Speed in Maryland
Unlike sports betting which is available in nearly 40 US states, only several states currently offer legal online gambling activities. Considering such activities are conducted through the internet, many Americans already play slots, live dealer and other iGaming titles online but use the services of operators who hold licenses in jurisdictions outside of the US. […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Industry
March 25, 2024
In Practise Alleges Evolution of Illegal APAC Wagers
On Friday, an X post confirmed that investment research firm In Practise was getting ready to publish a report concerning Evolution’s operations in the Asia-Pacific (APAC) region. Accordingly, the latter’s share price dropped 9.9%, from SEK1,372.80 ($129.78) to SEK1,237.40 ($116.97). The piece of research concerning the world leader in product innovation and advanced IT […]
Casino
March 22, 2024
Lucky Player Hits Second Dream Drop Jackpot for the Year
The leading supplier of unique casino games and iGaming aggregator, Relax Gaming, announced that it made another lucky only player millionaire thanks to a Dream Drop Jackpot win. The company confirmed Friday that a player at Unibet casino secured the latest Dream Drop Jackpot, pocketing a whopping €2.7 million ($2.9 million) prize. The latest mouth-watering […]