Reading Time: 2 minutes The Annual Meeting of Shareholders in Gaming Innovation Group Inc. was held today, Tuesday 19 May 2020 in Stockholm, Sweden. Shareholders representing 55.3 per cent of the shares entitled to vote were present in person or by proxy. The Annual Meeting approved the Company’s Annual Report for 2019. The Annual […]
Reading Time: 2 minutes The Federal Government of Nigeria has assured the sports betting operators that the government was committed to ensuring that they do not suffer any undue setbacks during this coronavirus crisis. The government also said it will not hesitate to give necessary approvals for any form of palliative that will ensure […]
Reading Time: < 1 minute Developer’s popular slots integrated onto GameHub platform Casino software developer Playson has signed a partnership to supply its entire suite of slots to Italian platform provider BlueOcean Gaming. Operators which are live with BlueOcean Gaming’s content aggregation platform, Gamehub, will gain access to Playson titles such as Solar Queen, Solar […]
Reading Time: 2 minutes Agreement covers operator’s online and retail offering in Bosnia and Herzegovina, Montenegro and Serbia SIS (Sports Information Services), the leading multi-channel supplier of betting services, has secured an agreement with leading Balkan bookmaker, Meridianbet, to deliver its 24/7 Live Betting Channel. SIS’s 24/7 Live Betting Channel features a mix of […]
Reading Time: 2 minutes The industry’s well-known games development company, Red Rake Gaming, has signed a new partnership distribution agreement with one of the industry’s major online casino operators, GVC Holdings PLC. Red Rake Gaming will supply its wide range of portfolio offering and top-performing titles to GVC’s players, providing access to Red Rakes […]
Reading Time: < 1 minute As part of the measures to protect citizens during the coronavirus lockdowns, the Swedish government has enforced a deposit limit of 5000 SEK (€471) per week for online gamblers. In response, the country’s gambling regulator Spelinspektionen has warned that the deposit limit will have a marginal effect on most […]
Reading Time: < 1 minute Ilze Znotina, Head of Latvia’s Financial Intelligence Unit (FIU), has revealed in an interview that the Latvian gambling industry has also been used for money laundering. “Unfortunately, it is clear that the gambling sector has also been used for money laundering purposes,” Znotina said. Znotina, however, said she could […]
Reading Time: 2 minutes International Game Technology PLC (IGT) has reported its financial results for Q1 2020. The Q1 2020 results reflect the impact of global COVID-19 restrictions. Revenue declines were evident in each business segment and across all primary revenue streams. The consolidated revenue was $940 million, down 18% from the prior year. […]
Reading Time: < 1 minute Bet365 chief Denise Coates has become the second wealthiest woman in the UK. Her betting empire is worth billions and in the last year alone has made a profit of £791million. In just 12 months, gamblers placed £52.5billion worth of bets with Bet365. She launched Bet365 in 2001 with […]
Reading Time: < 1 minute Quanta, the Isle of Man based Blockchain Lottery pioneer, is pleased to announce the appointment of Stelios P Michaelides as the Chief Compliance Officer of Quanta. “Stelios has sound judgment and ability to identify and resolve complex issues in a dynamic environment,” said Harmen Brenninkmeijer, Quanta’s CEO. “I am […]
Reading Time: 3 minutes GamCare and YGAM will be working together to provide a new national gambling education and support programme for young people aged 11-19 across the UK. The initiative will equip a generation of young people to better understand the risks associated with gambling and engage with gambling products and environments in […]
Reading Time: < 1 minute Portomaso Gaming signed an agreement with SoftGamings to supply operators its live casino content via their platform. Portomaso Gaming is a reputable, award-winning company in the iGaming field, based in Malta which offers a great experience for the online players, by bringing together two real casinos into one virtual […]
Reading Time: < 1 minute Pariplay Ltd., a gaming technology company serving iGaming operators, land-based casinos and lotteries, has announced a new partnership with Caliente.mx, Mexico’s largest Sportsbook & gaming operator. The partnership will enable Caliente.mx, sponsors of some of the major football clubs in Mexico, access to Pariplay’s collection of over 100 proprietary […]
Reading Time: 11 minutes First Quarter Revenue Increased 55.4% Year-Over-Year, to $52.3 Million, Despite Disruption from the Ongoing COVID-19 Global Pandemic That Has Impacted the Company’s Land-Based Business First Quarter Adjusted EBITDA1 of $10.1 Million Declined Year-Over-Year Primarily Due to the Abrupt Nature of the Customer Closures Related to COVID-19 and the Delay in Realizing Effects from Associated […]
Reading Time: 3 minutes Welcome to our weekly roundup of American gambling news! All news are in one way or other influenced by COVID-19 lockdown. Many of the news have positive hues. Several gambling companies are in preparation for their reopening. Some have announced the dates for their “phased” reopening. The re-opening would mean some […]
Reading Time: < 1 minute Century Casinos, Inc. announced that its subsidiary Casinos Poland Sp. z o. o., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today. Casinos throughout Poland were closed on March 13, 2020 to comply with a quarantine imposed by the Polish government to contain the spread of COVID-19. The […]
Reading Time: < 1 minute The Danish Gambling Authority (DGA) has reported a 5% year-on-year decrease in gambling revenue for Q1 2020. Total gross gaming revenue (GGR) for land-based and online, excluding lotteries, dropped to DKK 1.53bn ($221.4m). The biggest revenue-generating vertical was sports betting, with GGR up 3% from last year to DKK […]
Reading Time: 2 minutes Esports Entertainment Group, Inc., a licensed online gambling company with a focus on esports wagering and 18+ gaming, has officially begun onboarding hundreds of affiliate marketing partners to its newly relaunched VIE.gg wagering platform. The affiliate partners include esports teams, influencers, streamers, leagues, and super affiliates from Asia, Europe, North […]
Reading Time: < 1 minute The GVC Group is going to enhance its responsible gambling measures during the remainder of the Coronavirus lockdown after announcing that it welcomed the UK Gambling Commission’s (UKGC) new guidance for the operators. GVC said it was building on its existing Changing for the Bettor safer gambling strategy following […]
Reading Time: < 1 minute Microgaming’s Mega Moolah progressive jackpot has awarded its first Mega jackpot win through Atlantean Treasures: Mega Moolah, which was released on February 25. The player won the prize of €7,784,425.63 on May 8 at River Belle Casino and joins a wealth of millionaires made via Microgaming’s progressive jackpot network, […]