Edward Smyshliaiev has been named Chief Technology Officer (CTO) at GR8 Tech as the firm pursues global growth. The new hire brings more than 20 years experience in software engineering, AI, machine learning, as well as large-scale digital transformation. Speaking on his new role, Smyshliaiev said: “Joining GR8 Tech at the present moment fills me with immense enthusiasm. I am …
Read More »iGaming
Paf upkeeps social funding despite highest compliance scrutiny
Paf, the sole gaming company of Finland’s autonomous Åland Islands, has raised €21.5m to maintain its social activities, public benefit initiatives and environmental projects. The funds are the result of strong 2024 results, in which Paf upheld its long-standing social responsibility mandate. Notably, it remains the only European operator to self-impose general annual loss limits on customer accounts, a policy …
Read More »Vlad-Cristian Soare tasked with calming Romania’s ONJN regualtor
ONJN begins a new leadership tenure under Vlad-Cristian Soare, who will serve as the President of the National Gambling Office of Romania (ONJN). Soare’s appointment as the successor to Gheorghe Gabriel Gheorghe as President of ONJN was announced to Romanian authorities in April. Gheorghe chose to resign ahead of Romania hosting its re-scheduled Presidential Elections on 18 May, won by …
Read More »IGT’s LottoItalia licence victory dents Flutter’s market disruption mission
The licence tender for the Italian Lottery has been resolved, with the lottery favouring the consortium led by International Game Technology (IGT) according to the iGaming tech provider. The firm’s leadership informed its investors during its Investor Summit on 20 May that the four party consortium it leads, named LottoItalia, has been named the preferred suitor for the nine-year licence …
Read More »People moves in iGaming as Entain & Gentoo add to senior leadership
Entain and Gentoo Media have both announced two new appointments, strengthening their individual senior leadership teams following a strong start to 2025, respectively. Firstly, Michael Goldberg has joined Entain as an Independent Non-Executive Director and member of the Capital Allocation Committee. Goldberg is notable for being a former Partner at Corvex Management, a 5.5% stakeholder in Entain. Meanwhile, Edmond Mesrobian …
Read More »Raketech: Swedish gambling market has very promising future
A constant state of flux engulfs the gambling industry on a global scale, with numerous jurisdictions seemingly in a state of never ending change. This is particularly true of the Swedish market, which has not been immune to challenges during its near six and a half year lifespan. In the first of a four-part SBC Media special, Christian Lowe, Chief …
Read More »Gambling Commission confirms TGP Europe’s UK exit and £3.3m penalty
SBC continues to monitor changing circumstances for TGP Europe, a white label gambling operator, which has officially exited the UK market. The UK Gambling Commission (UKGC) has confirmed that an investigation into TGP Europe culminated in the firm being issued a £3.3m penalty for due diligence and AML failures. SBC News and iGaming Expert noticed yesterday that the all 15 …
Read More »Bulgarian politicians to leverage Eurozone accession against black market
Bulgarian Deputy Prime Minister Atanas Zafirov has said that the country’s Eurozone entry will deal a blow to the gambling black market. Speaking to various shareholders at the National Information Centre, Zafirov commented that Bulgaria’s pending accession to the Eurozone next year will help shine more light on the illicit cash flows running through the unregulated gambling sector. The Minister …
Read More »PointsBet reprimanded by Aus regulator over anti-consumer practices
PointsBet Australia Pty Ltd has been hit with an AUD$501k (£242k) fine by the Aus media regulator over advertising law breaches. The Australian Communications and Media Authority (ACMA) launched an investigation into the online gambling provider, which uncovered “more than 800 messages” as part of what the regulator said was a spam advertisement campaign in contravention of e-marketing laws. Details …
Read More »UKGC responds to ‘shameless’ no-GamStop casino ad run via global PR wire
SBC News has heard the responses of GAMSTOP and the UK Gambling Commission (UKGC) on the issue of a black market casino unrestricted promotion to online audiences by a global PR newswire. Last week, SBC News uncovered an advertisement for MyStake, an unlicensed igaming provider branding itself as the “Best Online Casino Not on GamStop for UK Players”. The promotion …
Read More »