Betting market newcomer Midnite has sought to enhance its horse racing wagering offering by partnering with PA Betting Services (PABS). The company, which styles itself as a ‘next-generation betting platform’ and has been described as an ‘up-and-coming’ operator by its new partner, will leverage PABS’ horse racing betting data. Midnite aims to provide its users with ‘accurate, timely, and official …

A legislative project announced this week by Finland’s Ministry of the Interior for the abolition of the monopoly held by Veikkaus Oy over gambling in the country has been warmly received by the European Gaming and Betting Association (EGBA). The pan-European trade body has outlined joint-objectives with the Finnish government over the decision to end the Veikkaus monopoly, which is …

Betsson AB experienced a broadly successful third quarter of the year, with revenue growth throughout most geographic segments across both betting and casino verticals, albeit with the exception of the Nordics. Group-wide revenue rose 19% to €238m (Q3 2022: €200m) and EBITDA by 42% to €69m (€49m) with an accompanying margin of 29% (24%). This performance drove gross profit of …

BetMGM will utilise four media and PR agencies to support the expansion of its UK operations, partnering with Recipe, Boldspace, Tomorrow Advertising and The Media Network. The MGM Resorts brand launched in the UK in August LeoVegas’ platform – the Swedish igaming group was itself acquired by the Las Vegas conglomerate in 2022 – and has been consolidating its marketing …

Colombia’s national gambling authority, Coljuegos, has proposed a resolution to adopt new advertising restrictions alongside changes to other licensing conditions. The potential reforms will need to be approved by Colombia’s Congress to be enacted, which if successful will see new requirements adopted by 1 January 2024. Regarding advertising, restrictions will follow a ‘tiered system’ whereby the more revenue an operator …

The political process to overhaul Finland’s licensing system and end the current monopoly held by Veikkaus Oy is underway, according to the country’s Ministry of the Interior. To prepare for this transition, the Ministry has initiated a project to draw up ‘necessary legislative proposals’ for reform, particularly concerning the allocation of licences and the framework behind this. This will include …

Buzz Group expects continued growth driven by a more diversified omnichannel business following a restructuring and heavier emphasis placed on online operations during 2023. The company – operator of the Buzz Bingo and Buzz Casino brands – outlined that revenue for the 12-month trading period between October 2022 and September 2023 stood at £195m, driving gross profit of £137m. However, …

Tabcorp’s C-level leadership have broadly endorsed ongoing Australian gambling reforms, in particular the creation of a ‘level playing field’ across the market and tightening restrictions around advertising. Bruce Akhurst, Tabcorp Chairman, and Adam Rytenskild, the ASX firm’s Managing Director and CEO, commented on political developments at the company’s recent AGM, whilst also offering insights into the outcomes of its extensive …

BETER’s portfolio of in-demand tournaments has been further expanded via an agreement with the Ukrainian Ping Pong Federation (UPPF). The partnership has incorporated the Ping Pong Point tournament into BETER’s roster, with the firm offering live streaming, data and odds on the competition. Ping Pong Point takes place twice a day, featuring more than 20 matches across two tournaments for …

Ygam and GamCare have launched an English nationwide intervention and harm prevention portal alongside several regional organisations as part of a GambleAware-commissioned project. The English Gambling Education Hub (EGEH) portal is a collaborative effort between the duo and five other organisations – Aquarius, ARA, Beacon Counselling Trust and Breakeven. Its remit goes beyond England’s borders, however, as EGEH will also …