iGaming

In an update to shareholders, Betsson Group has revealed two new acquisitions aimed at strengthening the operator’s presence in the Dutch market.  The first company that is now under the wing of Betsson is Holland Gaming Technology Ltd, which holds a Dutch casino games licence and operates the goldruncasino.nl and goldruncasino.com domains.  Holland Power Gaming B.V. is the second – …

The District Court of Stockholm has dismissed a legal challenge against Kindred Group related to the compensation of losses of gambling addict Per Holknekt. Renowned fashion designer and founder of online retailer Odd Molly, Holknekt began legal proceedings in July 2022 against Kindred Group and its relationship with subsidiary Trannel Ltd. Holknekt claimed that he was a VIP customer of …

Germany’s Federal Authority for Gambling (GGL) utilised its presence at last week’s ICE London industry conference to talk about the importance of safeguarding virtual games before they reach the end German consumer. Representatives from the organisation took the time to reflect on several recent GGL supervisory activities, pinpointing a common problem when it comes to testing individual virtual games of …

ReactivAction, provider of igaming and sports betting, has signed CRM specialist Fast Track as an exclusive partner to help jumpstart its international expansion.  Starting off with Brazil, ReactivAction will look to leverage Fast Track’s AI-boosted offering, Lifecycle Automation and real-time data analytics to elevate its player engagement and player retention capabilities in the rapidly expanding Brazilian market.  President Lula da …

The mandate to implement a ‘total ban on gambling advertising’ has been rejected by the Kamer of Netherlands. Yet, Dutch ministers maintain that ‘overarching playing limits’ must form part of the government’s ongoing amendments of the Remote Gambling Act (KOA Act). A blanket ban on gambling advertising had been proposed by CDA MP Derk Boswijk. When put to vote yesterday, …

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 …

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 …

betFIRST has partnered with Middelkerke Casino to launch a new online casino in Belgium. The Betsson-owned sportsbook became the first to obtain an online sports betting licence in Belgium back in 2011, and now aims to become the leading operator in the country with its recently secured A+ casino licence. Betsson Operations CEO, Jesper Svenssen, stated: “We acquired a market …

Entain plc’s and MGM Resorts’ North American co-venture BetMGM has delivered its financial performance report for FY 2023, registering a positive EBITDA for H2. Financials The business saw its net revenue from operations grow by 36% year-over-year to $1.96bn, which represents the upper end of its $1.8bn to $2bn guidance range. Same-state net revenue from digital operations grew by 14%, …

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 …