Sweden’s Gambling Inspectorate, Spelinspektionen, has granted three B2B firms a gaming supplier licence under a newly-launched framework. Programutvecklarna i Norrköping AB, Skill On Net and Synot Games will become the first licenced gaming suppliers in Sweden as of 1 July 2023, with the permits covering an initial five year period. Further applications will be accepted from 1 March, and Spelinspektionen …

The Supreme Court of New South Wales (NSW) has provided an update on the ongoing legal case Tabcorp has initiated against Entain. Presiding Judge James Stevenson has ruled that Tabcorp be granted access to documents relating to Entain’s partnership with the Australian Hotels Association New South Wales (AHA NSW). Tabcorp has now stated that it welcomes the Court’s decision and …

Targeting an enhanced profile for its Australian gaming operation, Light & Wonder (L&W) is mulling the pros and cons of a listing on the ASX.  The listing would serve as secondary to the firm’s primary public trading on the US Nasdaq exchange, with the explicit goal of supporting its Australian growth plans. L&W detailed that its Board of Directors ‘has …

Nine international betting companies with keen interest in the developing Brazilian market have formed a responsible gambling association in anticipation of federal regulation later this year. The Brazilian Institute of Responsible Gaming (IBJR) has been established by bet365, Betsson Group, Betway Group, Entain, Flutter, KTO Group, Netbet Group, Rei do Pitaco and Yolo Group. André Gelfi, Managing Partner Brazil for Betsson …

Upon completing its first full year as a NASDAQ-listed business earlier this year, Codere Online made two key announcements to its new investors. These were that the firm broadly achieved its 2022 growth targets – reporting a rise in revenue of 48% to €123m- and that CEO Moshe Edree would be replaced in the leadership role by COO Aviv Sher. …

The Ukraine Gambling Council (UGC) has thrown its hat into the ring regarding the recent sanctions imposed on betting companies by the Ukrainian government, particularly regarding Parimatch LLC. Sharing a statement via the trade association’s LinkedIn, UGC Chair Anton Kuchukhidze stated that sanctioning of illegal firms has a positive purpose for the ‘white market’, and that countering ‘ruscists’ brands’ was an …

Sportradar AG has projected a strong outlook for 2023 after reporting revenue growth across all markets last year, exceeding its all 2022 expectations. The Global Nasdaq sportstech firm saw total group-wide revenue increase both for the full year and during the final quarter, and profitability has continued in the face of mourning costs. Investment heavy year pays dividends Sportradar reported …

Germany’s federal regulator, the Gluecksspiel (GGL), has issued a ‘severe fine’ against an unnamed licenced online gambling operator for advertising infractions. According to the GGL, the igaming firm ‘deliberately advertised’ its offering on websites that also promoted illegal offers, something which is prohibited under the marketing provisions of the Fourth Interstate Gambling Treaty (GlüNeuRStv). The GGL has not named the …

The UK’s betting industry is prepared to support the government’s upcoming budget amid heightened financial uncertainty for the country, the Betting and Gaming Council (BGC) has said. However, with one of the biggest betting events of the UK sporting calendar commencing today at Cheltenham Racecourse, the trade body has called on the government to address the needs of the industry …

GR8 Tech has confirmed that whilst its business arrangements with Parimatch Ukraine are under suspension, its business can continue to provide its B2B betting and technology solution to other firms as normal. A statement released by President of Ukraine Volodymyr Zelensky on Friday announced that 287 businesses and 120 individuals had been sanctioned after being accused by the National Security …