Europe

2023 has been a year of ups and downs for esports and betting. Esports is currently going through a market correction dubbed the ‘esports winter’, regulation has taken several important steps forward in big markets like the US and Brazil, there’s been an expansion of existing esports betting products and the rollout of new and deeper features, particularly microbetting and …

Further restrictions on online gambling are under discussion in the Netherlands, as the ChristianUnie (Christen Union) urges the Minister for Legal Protection, Franc Weerwind, to propose the addition of a ‘universal financial loss limit’ to the Remote Gambling Act (KOA Act). The proposal for imposing an “overarching loss limit” across all 27 KOA-licensed operators has the endorsement of CU Party …

In a trading update, XLMedia has informed shareholders that it expects its revenue and adjusted EBITDA to be in line with market expectations. The update was provided ahead of its full FY23 results in early April 2024, which will provide more insight into the company’s 2023 performance and plans moving forward. According to the update, XLMedia’s FY23 revenues are expected …

Playtech Plc has announced the early extension of its exclusive online gambling solutions supplier agreement with BoyleSports. As revealed this morning, the London Stock Exchange-listed technology group will continue to serve as the principal online sports betting and casino solutions provider to BoyleSports until 2028. BoyleSports, known as Ireland’s second-biggest gambling firm, has announced the early renewal of its agreement …

The board of trustees of GamCare has announced that the Safer Gambling Standard will be revised to work under a new structure outside of the gambling treatment, support, and intervention charity. GamCare trustees detailed that the decision had been taken in December 2023, instructing the charity’s leadership team to undertake a strategic review of the Safer Gambling Standard, with recommendations …

B2B gaming company Inspired Entertainment has signed a new agreement with sports betting firm Kambi Group plc to integrate the Inspired Virtual Sports product suite into the latter’s sportsbook platform. The agreement to sign Inspired as an exclusive virtual sports partner was reached after a ‘rigorous competitive procurement process’ undertaken by Kambi. For Inspired, company CEO and President Brooks Pierce …

Legal Eye, featuring Gemma Boore and David Whyte Senior Associates for Gambling at Harris Hagan, returns to examine the passage of the White Paper in the nine months since its publication. 2024 sees UK gambling stand at a pivotal juncture, marked by the diverse scrutiny, opinions, and feedback submitted in response to the proposed changes of the White Paper. Boore …

According to reports from media outlet SRF, the Swiss Federal Gambling Board Eidgenössische Spielbankenkommission (ESBK) is looking into the latest deal between crypto casino Stake and the Sauber Formula 1 team for potentially breaching the country’s advertising regulations.  Earlier this week, Sauber revealed its latest C44 car that will feature in the new season which starts at the end of February. …

Bettormetrics has successfully attracted Series A funding from investors Bettor Capital and Velo Partners.  Launching in 2022, the UK sports betting analytics provider has managed to expand its customer portfolio across the US and Europe with bookmakers who are utilising the company’s cloud-based analytics technology.  With the new funding, Bettormetrics will seek to further grow its client base by building …

Andrew Rhodes has reiterated that the Gambling Review’s underlying challenge is to find the right balance to govern a commercially evolving UK gambling marketplace and its engagement with the public. The observation led the Chief Executive of the UK Gambling Commission’s (UKGC) address to delegates of the ‘Consumer Protection Zone’ at ICE London 2024. The address began by acknowledging that …