Super Group, the owner of the Betway and Spin brands, has announced its decision to cancel private warrants and earnout waivers related to its NYSE listing.  Following a revision of its NYSE shareholdings and stock compensation, the governance of Super Group has decided to remove the potential issuance of approximately 78.8m company ordinary shares. The decision will lower Super Group’s …

The board of London AIM media firm XLMedia Plc has disclosed that it is exploring options to sell all assets its finance unit holds.    The sale of finance and FX domains forms part of XLMedia’s ongoing business reorganisation, in which the company aims to refocus on the growth of its sports betting and igaming content. XLMedia communicated: “These actions reflect …

Kindred Group has maintained its standing as one of Sweden’s top employers, recognised by independent employment organisation Karriärföretagen.   For a second consecutive year, Karriärföretagen named Kindred as one of Sweden’s best ‘Careers Companies’, an accolade granted following a rigorous evaluation process undertaken by a panel of HR experts.  Of distinction, judges praised Kindred’s “unique career and development opportunities for graduate …

Gaming Innovation Group (GiG) has this morning announced that it has reached a binding agreement to acquire online gambling community AskGamblers.com from Catena Media Plc.  The buyout is agreed for a total consideration of €45m, with GiG acquiring the additional online casino assets of JohnSlots.com and NewCasinos.com, alongside “further smaller European domains”. The €45m deal will be paid as a …

Gluecksspiel (GGL) has taken full control of the regulatory duties of Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) – assuming its responsibilities as the “common authority for German gambling”.  Yesterday, at a meeting in Halle, representatives of the nation’s 16 federal states met for the last time to dissolve the ‘Gambling Collegium’ a state-sanctioned body which served as GlüNeuRStv regime’s ‘temporary …

Betway has become the inaugural title sponsor of SA20 – South Africa’s new T20 cricket league, which is set to debut on 10 January 2023. The sponsorship sees Betway secure full brand coverage across all formats of pro-cricket in South Africa, in which the bookmaker serves as the principal partner of Cricket South Africa. South Africa’s new T20 tournament, ‘Betway …

A year of optimism ends in disappointment as Jair Bolsonaro’s inaction and electoral pandering come at the expense of Brazil taking its best shot to regulate a federal sports betting market… December 12, 2022, marked the last possible day for Brazil to approve it’s federal sports betting regime… A date which passed without a trace of legislative action. On reflection, …

Gaming Innovation Group (GiG) has confirmed the appointment of Marcel Elfersy as Chief Commercial Officer (CCO), who will oversee the business development of platform and sportsbook units.  The appointment sees GiG strengthen the commercial capacity of its platform and sportsbook units, which target growth with tier-one partners. An experienced igaming C-level executive, Elfersy is the former VP of Business Development …

Playtech Plc is funding an academic research collaboration to “enhance the effectiveness of personalised responsible gambling solutions” for the igaming sector.  The project sees the Dutch institutions of Erasmus Rotterdam and the University of Amsterdam collaborate and share expertise in how gambling can improve its all-round player protections and safeguards. The four-year project, titled ‘A Safe Bet: design and evaluation …

Altenar has announced a strong close to year-end trading, becoming the lead sportsbook solutions supplier to L&L Europe Limited.  The partnership will see L&L Europe launch its first online sportsbook property powered by Altenar’s sportsbook solution, offering a full range of pre-match and in-play markets. Further operating benefits will see L&L Europe serviced by Altenar’s fully customised promotional suite alongside …