Stockholm-listed LeoVegas AB has confirmed that Mårten Forste, current Chairman of the Board, will take the position of Group COO to oversee ‘overarching responsibilities’ of the firm’s Maltese operations. The appointment will see Forste maintain his Chairman role until LeoVegas’ next AGM planned for May 2020, where the firm’s Nominations Committee will announce a new corporate governance leader. Forste has …
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The academic journal on ‘Cyberpsychology, Behavior and Social Networking’ has published insights and learnings from a study reviewing ‘the effects of voluntary deposit limit-setting on long-term online gambling expenditure’. The study undertaken by the research team of Michael Auer, Niklas Hopfgartner and Mark D. Griffiths (Nottingham Trent University) evaluates the efficiency of responsible gambling tools in which customers set predetermined …
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German news sources have this morning reported that the executives of the 16 autonomous Länder (states) have ‘agreed in principle’ to allow for federal online casino and poker provisions. The Bundesrat press agency has reportedly confirmed that Länder legislators will allow for concessions on online casino and poker licensing, amending existing conditions of the ‘Fourth Interstate Treaty on Gambling’. Since …
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Matthew Piscopo has been named as the new Chief Product Officer for Videoslots.com, significantly enhancing the operator’s senior executive team. Piscopo brings with him a wealth of experience from the betting and gaming industries, having started his career at Betsson Group before going on to work with a number of other companies across the sector. Commenting on the new appointment, …
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iGaming operator ComeOn has confirmed that it will be changing its name to ComeOn Group so that it can better reflect the company set-up and overall strategy. As it stands, ComeOn Group consists of 20 brands across multiple markets, holding gaming licenses in Malta, Sweden, Denmark, Poland and Germany. “As for many other operators in our industry, adding Group to …
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Gamesys Group remains confident that its FY 2019 results will reach the ‘upper end of current market expectations’ as detailed in a pre-market update. Celebrating what the group considers to be a ‘landmark year’, Gamesys has predicted that the group’s expansion into new markets combined with the progress made by its UK contingencies will support Gamesys’ continued growth. Lee Fenton, Chief …
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Issuing a corporate filing, 888 Holdings has confirmed that Aviad Kobrine has chosen to end his 15-year tenure as Chief Financial Officer (CFO) of the LSE-listed online gambling group. Updating investors, 888 governance informs that Kobrine will continue to act as CFO until a replacement is found, helping company leadership through its transition period. Commenting on his upcoming departure, Kobrine said: …
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The Malta Gaming Authority (MGA) has sanctioned a €2.4 million penalty charge on Blackrock Media Limited for ‘operating gaming services through a Maltese legal entity without being in possession of the necessary authorisation’. The penalty charge follows a joint investigation undertaken by the MGA and Malta’s Executive Police force, which uncovered that Blackrock Media had processed payments to and from …
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Online gambling operator Global Gaming will be able to appeal a decision made by Spelinspektionen last year which saw the revocation of its SafeEnt licence. As confirmed in a statement on its website, the Administrative Court of Appeal in Jönköping will grant a review permit, looking into whether the Swedish Gambling Authority’s decision to revoke the licence in June 2019 …
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Scientific Games Corporation has strengthened its network of partnerships after securing new agreements with both 888 Casino and Betsson. Under the terms of its agreement with 888, Scientific Games will launch more than 120 games in Spain via its Open Gaming System (OGS) platform. Dylan Slaney, SVP Casino at SG Digital, said: “888 is a huge player in the Spanish …
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