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The UK Gambling Commission (UKGC) has published its official statistics for “Young People and Gambling 2024.” This release marks the fourth dataset providing insights into “young people’s exposure to and involvement in gambling”, as well as the “impact gambling can have on them”. The latest datasets follow statistics for 2023, 2022, and 2020 (2021 was voided due to the COVID-19 …

Super Group has declared a second consecutive quarter of ‘exceptional trading’ as the NYSE online gambling group begins year-end trading. Publishing its Q3 accounts, Super Group registered corporate revenues of €403M, up 13% on 2023 comparatives of €356M – as results “represent the highest revenue recorded in a third quarter.” Period trading saw Super Group underscore the continued growth of …

Kambi Group Plc maintains steady trading as new CEO Werner Becher begins the strategic reorganisation of the Stockholm-listed sports betting technology group to improve profitability. Publishing its Q3 trading update, Kambi achieved corporate revenues of €43m, up 2% on 2023 comparatives of €42m. Leadership explained that “although Q3 revenue was only up 2% year-on-year, when excluding the Penn Entertainment transition …

British banks and financial institutions can help fill ‘gaps in support’ related to the treatment and intervention of those exposed to gambling-related harms. This recommendation has been put forward in a policy paper by the Money and Mental Health Policy Institute (MMHPI), which explores the “role of financial services in tackling gambling-related harms.” Established in 2016 by Martin Lewis (CBE), …

SIS (Sports Information Services) is on a mission. The firm, which provides racing, live fixed odds numbers draws and live esports betting content, seeks to become a ubiquitous figure in the gaming industry, with its presence felt on multiple continents.  Not only this, but the firm continues to be the supplier that never sleeps. That is, it wants to provide …

Casino trade group wants to take its time while online groups are pressing to move forward.   Discussions on potential formats to regulate online casino in France are raging among gambling stakeholders ahead of the government’s consultation talks planned for next week. The date and time of the talks are not yet known, but timing will be key, especially with the …

The Autumn Statement has revealed that no tax increases will be applied to UK Gambling in the 2024 Budget. Announced by Chancellor Rachel Reeves, who this afternoon presented the UK’s first Budget statement by a female chancellor and the Labour Party’s first fiscal policies in 14-years. In her address, Reeves directly chastised former Chancellor Jeremy Hunt and outgoing Conservative Party …

The European Commission (EC) has extended the ‘standstill period’ for Italy’s new tender for online gambling concessions until 18 November. The decision follows a ‘detailed opinion’ submitted by the government of Malta, raising concerns over the technical and compliance requirements for B2B businesses in Italy’s new licensing framework for online gambling. The Malta Gaming Authority (MGA) argues that Italy will …

This weekend, easyGroup the private investment fund of Sir Stelios Haji-Ioannou announced the launch of easyBet.net. Synonymous with low-cost airline easyJet ,the venture marks the entry of an easy® brand for sports betting audiences. The easy® sportsbook venture is powered by the peer-to-peer betting exchange of Matchbook, who will operate easyBet.net under the UK Gambling Commission licence (UKGC) of Triplebet Limited. …

OneTwenty Group’s Steve McQuillan provides an analysis of the online gambling market in Spain and notes how the sector continues to grow. The affiliate marketing company’s site Compare.bet is live in the Spanish market, offering online odds and casino comparison for Spanish consumers. Spanish Economy Minister Carlos Cuerpo revealed on Tuesday, September 24th, 2024, that the country’s GDP is expected …