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GiG nails down standalone records ahead 2024’s tech & media split 

SBC News GiG nails down standalone records ahead 2024’s tech & media split 

Gaming Innovation Group (GiG) has achieved record-breaking financial results as the tech group moves to split its platform and media units into standalone businesses in 2024. Publishing its Q4 and full-year 2023 results this morning, GiG concluded its final quarter as a combined sportsbook platform and igaming media supplier, achieving ‘all-time high’ revenues of €35.6m, up 37% on the corresponding …

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GamCare promotes Mark Weiss to Deputy CEO

SBC News GamCare promotes Mark Weiss to Deputy CEO

GamCare has promoted Mark Weiss to the position of Deputy CEO of the gambling harms treatment support and intervention charity. Updating stakeholders, GamCare informed that Weiss will take on the new role alongside his existing duties as GamCare’s Director of Communications and External Affairs. An expert in public health, Weiss joined GamCare in 2022, from the Royal College of Anaesthetists …

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Lottstift issues influencer warnings to social media platforms 

SBC News Lottstift issues influencer warnings to social media platforms 

Lottstift, the Gambling Authority of Norway, has stated that it will take a zero-tolerance approach to social media platforms promoting online gambling streams and content. The warning follows the regulator’s ‘serious action’ against Schpell.com for broadcasting several Norwegian influencers promoting online casino games, infringing on Norway’s blackout of gambling advertising. Though promoted on Schpell.com’s portal, the illegal streams were recorded …

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PMU takes on Flutter’s full sportsbook solution 

SBC News PMU takes on Flutter’s full sportsbook solution 

Flutter Entertainment has announced that it will continue its long-standing B2B partnership with PARI MUTUEL URBAIN (PMU), providing a multi-channel sportsbook platform for the French horseracing’s principal betting operator. The B2B unit of Flutter Entertainment has serviced PMU’s sportsbook platform since 2010, a partnership that began under Paddy Power and has been maintained throughout the group’s multiple transitions. Upcoming developments …

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Catena bets on Tech & AI upgrades to overturn dire FY2023 results

Catena Media

Catena Media Plc has initiated an extensive internal investment programme to advance its tech platform and AI capabilities, as investors are warned that challenging trading conditions will continue until the second half of 2024. The Stockholm-listed igaming media group published its full-year 2023 results, reporting a dire close to year trading, registering Q4 revenues of €14.5m, a decrease of 41% …

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CDA pushes for advertising blackout ahead of Kamer vote of KOA amendments

SBC News CDA pushes for advertising blackout ahead of Kamer vote of KOA amendments

A mandate has been filed to ban all gambling advertising in the Netherlands, as the Kamer prepares to vote on imposing further safer gambling amendments to the Remote Gambling Act (KOA Act) this week. Calls for a sweeping change to the laws of Dutch gambling advertising have been led by Derk Boswijk of the Christian Democratic Appeal (CDA) party. Once …

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Conexus Group elevates engineering resources with Locker Room Labs

SBC News Conexus Group elevates engineering resources with Locker Room Labs

Conexus Group has entered a strategic partnership with software engineering studio Locker Room Labs to elevate outsourced engineering teams for the Sports, Betting, Fantasy, and iGaming businesses. The partnership aims to integrate industry leading international consulting, recruiting, and staffing solutions from Cohort Teams and its sister company, Pentasia, with Locker Room Labs’ US-based outsourced software engineering resources and services. Chris …

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Colombia to debate tax increase on online gambling

SBC News Colombia to debate tax increase on online gambling

The Senate of Colombia (upper house) has confirmed that tax measures on online gambling will be reviewed to support the government’s plans to overhaul the nation’s public welfare and healthcare systems.  Debates are scheduled to begin this week on Friday, February 16, led by Senator Antonio Correa of Partido de la Union. In 2016, Colombia modernised its Gambling Act (2001) …

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