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Swedish Operator ATG Calls for Stronger Action Against Illegal Market

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Swedish gambling operator Aktiebolaget Trav och Galopp (ATG) has called for stronger action against the illegal market, with a new report claiming there has been another drop in the channelisation rate.

ATG’s Q1 report on the movement of players towards the legal market puts the channelisation rate at between 68% and 81%, a reduction from 69% to 82% in Q4 2023.

The report found that the unlicensed market in Sweden is worth between SEK3.7bn (£) and SEK7.4bn (£) per year and that website traffic to unlicensed operators has increased tenfold since 2019.

None of the top 20 sites with the highest traffic during the quarter were included on the regulator’s prohibition list, ATG added, with 18 out of 20 using the same platform providers as licensed operators.

ATG CEO Hasse Lord Skarplöth labelled the developments “deeply concerning” and called for a rethink of the Swedish regulations on illegal gaming to make it illegal for unlicensed companies to operate in Sweden.

The current regulations make it illegal for unlicensed operators to market gaming products towards players.

Skarplöth said: “The prohibition on promotion and targeting criteria clearly do not serve as protection for the most vulnerable groups and to achieve good channelling.

“It is time to do exactly what the two latest inquiries by Håkan Hallstedt and Gunnar Larsson have proposed, namely to make it illegal to offer unlicensed gambling in Sweden regardless of targeting criteria.”

The post Swedish Operator ATG Calls for Stronger Action Against Illegal Market appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Everygame Casino Introduces New Rudolph Unleashed Christmas Slot Game

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Everygame Casino has just introduced a brand-new Christmas game and a new crash game.  With 178 chances to win on any spin, Rudolph Unleashed is loaded with features for wintertime wins. Ripcord Rush is a multiplayer crash game where players try to cash out before their parachute randomly opens.

Santa’s favorite reindeer is causing mayhem in Rudolph Unleashed. Santa Scatters can trigger a re-spin feature with Santas held in place.  Rudolph symbols on the last reel can trigger the Moving Wild feature. With every spin, Rudolph shifts one reel left and keeps giving another re-spin until he reaches the first reel.  When Rudolph and at least one Scatter appear, the Chasing Wild feature comes to life. Rudolph chases and replaces Santa Scatters all over the board, leaving Wilds in his wake.

Ripcord Rush is a new kind of gambling game with sky-high risks and even higher rewards. Players hop on the plane, place their bet, and prepare to make the leap. The higher they go before they jump, the more they can win – up to 5000X the bet. But wait too long and the bet is lost.

These new games are now available in Everygame’s instant play online casino and in its mobile casino for smartphones and tablets.

There are hundreds of premium real-money online slots and table games to choose from at Everygame Casino, one of the most trusted online casinos in the world. Friendly and knowledgeable customer service agents make sure that everyone enjoys themselves, and generous bonus offers give plenty of free play time.

The post Everygame Casino Introduces New Rudolph Unleashed Christmas Slot Game appeared first on European Gaming Industry News.

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Latest News

Everygame Casino Introduces New Rudolph Unleased Christmas Slot Game

Published

on

Reading Time: < 1 minute

Everygame Casino has just introduced a brand-new Christmas game and a new crash game.  With 178 chances to win on any spin, Rudolph Unleashed is loaded with features for wintertime wins. Ripcord Rush is a multiplayer crash game where players try to cash out before their parachute randomly opens.

Santa’s favorite reindeer is causing mayhem in Rudolph Unleashed. Santa Scatters can trigger a re-spin feature with Santas held in place.  Rudolph symbols on the last reel can trigger the Moving Wild feature. With every spin, Rudolph shifts one reel left and keeps giving another re-spin until he reaches the first reel.  When Rudolph and at least one Scatter appear, the Chasing Wild feature comes to life. Rudolph chases and replaces Santa Scatters all over the board, leaving Wilds in his wake.

Ripcord Rush is a new kind of gambling game with sky-high risks and even higher rewards. Players hop on the plane, place their bet, and prepare to make the leap. The higher they go before they jump, the more they can win – up to 5000X the bet. But wait too long and the bet is lost.

These new games are now available in Everygame’s instant play online casino and in its mobile casino for smartphones and tablets.

There are hundreds of premium real-money online slots and table games to choose from at Everygame Casino, one of the most trusted online casinos in the world. Friendly and knowledgeable customer service agents make sure that everyone enjoys themselves, and generous bonus offers give plenty of free play time.

The post Everygame Casino Introduces New Rudolph Unleased Christmas Slot Game appeared first on European Gaming Industry News.

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Kambi Group plc repurchase of shares during 20 November – 26 November 2024

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Kambi Group plc (“Kambi”) has during the period 20 November to 26 November 2024 (the “Buyback Period”) repurchased a total of 50,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 50,000 ordinary B shares at a volume-weighted average price of 106.92 SEK. From the beginning of the Programme, which started on 6 November, until and including 26 November 2024, Kambi has repurchased a total of 154,000 ordinary B shares at a volume-weighted average price of 108.17 SEK per share.

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 26 November 2024, Kambi’s holding of its own shares amounted to 154,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.

The post Kambi Group plc repurchase of shares during 20 November – 26 November 2024 appeared first on European Gaming Industry News.

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