The Ministry of the Interior of Finland has submitted its draft proposal of a new Gambling Act to modernise Finnish gambling in line with recommendations previously put to the government.  As formerly proposed, the new Gambling Act will end the ‘monopoly arrangements’ of state-owned gambling firm Veikkaus Oy, which currently has an exclusivity over sports betting and online casino games.  …

Buzz Bingo has hailed its ‘new dynamic multi-channel offering’ which has led to the return to growth of the heritage UK bingo group. Publishing its FY2023 accounts for the year ending 13 January 2024, Buzz Bingo registered corporate revenues of £207m, up 6% on FY2022 results of £195m. Accounts detailed: “FY 2023 was a year of reset for the group. …

EBET Inc has entered foreclosure procedures, which will see its assets put up for sale to repay debt owed to creditors.  The sale of assets follows EBET defaulting on payments of its corporate debt, which stands at $37m as of June 2024. Last October, EBET common shares were terminated from the Nasdaq Capital Market and moved to the OTC Pink …

EveryMatrix has completed the rebranding of DeepCI to PartnerMatrix Intelligence, strengthening its all-in-one marketing solution for igaming affiliates.  The update sees EveryMatrix merge DeepCI intelligence solutions onto the PartnerMatrix platform, completing the objectives of an M&A deal announced in July 2023.  PartnerMatrix Intelligence delivers advanced data tracking and analysis capabilities for all types of marketing campaigns for igaming operators. Following …

DGOJ, the Directorate of Gambling of Spain, has adopted all resolutions of the SIGMA programme, Spain’s new ‘centralised directive’ to combat match-fixing and uphold the integrity of sports. Drafted in 2022, the SIGMA programme was launched in Q1 of this year to establish a ‘cooperative network’ to tackle criminal activity and the exposure of Spanish sports to match-fixing. The headline …

APAJO, Portugal’s Online Gambling Trade Association, has filed ‘criminal complaints’ against social media influencers promoting unlicensed gambling websites. The trade association has urged Portuguese authorities to intervene in the marketing of illegal online gambling, which targets national consumers and undermines the regulated market’s offering. Complaints target the social media channels of Portuguese influencers GODMOTA, Bruno Savate, Numeiro, and Cláudia Nayara. …

Edward Bedrosian, Chief Regulatory & Compliance Officer at Xpoint, explains why Brazil will follow the US by making geolocation checks the cornerstone of compliance for its imminent online gambling marketplace. Though Brazil takes a federal approach to regulating online gambling, the government and authorities require geolocation services to fulfill key logistical criteria on taxation, IT security, and market integrity. As …

The board of Kambi Group Plc has confirmed the appointment of Werner Becher as the new CEO of the Stockholm-listed sports betting technology group. Announced this morning, Becher will take charge of Kambi’s leadership from late July, succeeding incumbent Kristian Nylén, who ends his 14-year tenure as Chief Executive. As confirmed by the board: “Becher will officially assume the position …

XLMedia Plc backs its new commercial strategy to return its business to profitability by 2025. Ahead of its AGM this morning, XLMedia published a statement by CEO David King citing a solid start to year trading in Europe and North America. The London AIM media group continues its strategic reorganisation, in which the company agreed to sell its European and …

OPAP SA is now the exclusive provider of games of chance in the Republic of Cyprus. The Athens-listed gambling group announced that its OPAP Cyprus subsidiary has signed an exclusive concession agreement to conduct and manage designated games of chance for the government of Cyprus. This agreement is part of the strategic alignment with Cyprus’ Law on Designated Games of …