US gambling giant MGM Resorts is once again considering a bid to acquire its BetMGM joint-venture partner Entain Plc, as dealmakers await for the UK Gambling Review to be concluded. Citing ‘city sources’, the Daily Mail’s This is Money business news page stated that an M&A move would likely be reconsidered after the White Paper on the Gambling Act review …

The Finnish government’s change of heart on the future of the Veikkaus monopoly has broad political support from the country’s political parties, according to media reports.  Local news service Yle.fl quoted three political stakeholders representing different political blocs in Finland’s parliament – the Centre Party and National Coalition Party (NCP), and the Labour Institute for Economic Research (Labore). All three …

Kindred Group has announced two senior C-level appointments, naming a new Chief Human Resources Officer and Chief Technology Officer.  Rachel Randle-Williams will take on the HR role and Sören Thörnlund will coordinate the international betting group’s technology operations. Both are internal hires for the firm, having been promoted from Director of Organisational Effectiveness and Deputy CTO – Director of Engineering, …

Real Luck Group, and its B2C betting subsidiary Luckbox, broadly achieved its year end objectives in 2022, laying a solid foundation for its growth ambitions over the next 12 months.  Luckbox, a esports betting, sports betting and casino games provider, reported a monthly revenue growth rate of 120% from November to December, closing the fourth quarter with CAD$3m (€2.06m) global …

The no-nonsense approach adopted by the Kansspelautoriteit (KSA), the Dutch Gaming Authority, is set to continue this year, as the regulator made its first enforcement action of 2023. In a statement, the KSA revealed that an operator trading as Shark77 had been fined €900,000 for offering a ‘games of chance’ service without an approved licence. This is a violation of …

Ygam hosted a Parliamentary Reception this week, featuring speeches from several sitting MPs, including Shadow Education Minister Jeff Smith MP and former Gambling Minister Damian Collins. On the agenda was, unsurprisingly, the forthcoming White Paper on the UK’s Gambling Act review, which will overhaul Britain’s legislation on betting and gaming for the first time since 2005, with the aim of …

Having identified cyber-security as a major concern for the continent’s gambling sector, the European Gaming and Betting Association (EGBA) has moved to enhance its oversight in 2023. The pan-European gaming trade association announced this week that Belgium’s Napoleon Sports and Casino had become the latest member of its expert committee on cyber-security. In doing so, Napoleon has become the first …

XB Net has signed its latest client, partnering with IZIBET to bolster the firm’s horse and dog racing content range, broadening its own international reach in the process. The retail betting brand of the IZI Group, IZIBET operators Malta’s Dragonara Casino and in July last year secured the licence for the National Lottery of Malta, which it manages via its …

Citing high confidence in its business model and marketing, Rivalry is anticipating strong trading in 2023 following a successful close to last year. Having recorded its first profitable quarter in Q3 2022, Rivalry now aims to further consolidate itself in the international esports betting scene, in which it is an active licence holder in Australia and Canada. In a letter …

The European Gaming and Betting Association (EGBA) has achieved its goal of creating a cross-continental market of harm standard for the betting industry.  Submitted by the trade organisation to the Committee for Standardisation (CEN) just over a month ago, the proposal has now been approved by the European standards development body.  EGBA has long argued that there should be a …