PressEnter Group has announced the appointment of Hampus Eriksson as Deputy CEO of the operator of multi-brand igaming brands. As announced to media “the internal promotion will see Eriksson continue in his existing position as Chief Product Officer (CPO) of PressEnter”, where Eriksson has led a 2-year project “rebuilding the company’s product capabilities and processes from the ground up.” Key …

Bet365 has declared an underlying loss of £60m for the financial year of 2022/2023, attributed to expanding its technology resources and growing its corporate headcount to over 7,600 global staff. The loss was detailed in the private company’s 2022/2023 accounts, which were published on Companies House, spanning a 52-week period up to 26 March 2023. Despite the loss, Bet365 reported …

The board of Kambi Group Plc has announced this morning that Kristian Nylén has expressed his intention to step down as CEO of the Stockholm-listed sports betting technology group. Nylén, who co-founded Kambi in 2010, will resign from leadership duties upon the appointment of a successor, as the Board initiates a search for a new CEO. Having served as Kambi’s …

Lottstift, the Gambling Authority of Norway, has expanded its funding coverage to support volunteer groups treating gambling addiction. The authority has reminded volunteer groups and related organizations of its 31st January deadline to secure financial support for the treatment of gambling harm. The directive is part of the Norwegian government’s 2022-2025 action plan, which tasks Lottstift with expanding a network …

888 Holdings has hired Ian Gallagher as its Chief Product Officer. Starting the role back in December, Gallagher will be in charge of 888’s product vision, strategy and development of its global brands and business units such as 888, William Hill, Mr Green and Sports Illustrated. Gallagher will be directly responsible for the LSE gambling group’s teams of product managers, engineers, designers, and …

The Seimas (parliament) of Lithuania has received a new age limit proposal on gambling, which seeks to raise the minimum age limit on all gambling disciplines (land-based and online) to 21. As detailed in the 2024 agenda of the Seimas, Lithuanian MPs will vote on whether to set a new age limit on gambling to 21, with a view to …

GambleAware has stated that the government must prioritise the development of the National Strategy for the Prevention and Treatment of gambling harms in its ongoing review of gambling laws and duties. The statement was made by GambleAware in its response to the Statutory Levy consultation as proposed by the Gambling Review’s White Paper, authored by CEO Zoë Osmond. Under consultation, …

CONAR, Brazil’s advertising watchdog, has published ‘Annex X’ of “self-regulation rules” for betting advertising campaigns, needed for the launch of the country’s pending federal sports betting marketplace. Referred to as the National Advertising Self-Regulation Council, CONAR is a non-governmental body that oversees the standards and conduct of Brazil’s advertising code implemented across all media platforms. The publishing of Annex X …

Italy will undertake a sweeping reform of its online gambling laws in 2024, as the government approved the ‘Reorganisation Decree‘ mandate needed to settle long-standing industry conflicts. On Tuesday, the government declared that it had approved the terms of the Reorganisation Decree, as proposed by the Ministry of the Economy and Finance (MEF). The Decree will see Italian gambling undertake …

CIRSA will not pursue a public listing in 2024, as the investors of the heritage Spanish gambling group have reportedly “parked plans for an IPO”. Concluding 2023 trading, CIRSA announced that it had changed its legal identity to the new name ‘CIRSA Enterprises’, reflecting the firm’s business transformation since its majority acquisition by private equity giant Blackstone in 2018. The …