iGaming

The Congress of Peru has sanctioned a series of amendments to its pending Gambling Law of 2022 to rectify loopholes in how online gambling will be regulated in the South American nation.  These changes come following industry criticism of the initial hastily enacted legislation, which held several discrepancies and allowed gaps for potential tax evasion. In a vote that saw …

The government of Sweden has extended Camilla Rosenberg’s tenure as Director General of Gambling Inspectorate Spelinspektionen until 31 October 2026. Rosenberg will continue to serve as leader of Spelinspektionen, a position she has held since 2017, when she was placed in charge of Lotteriinspektionen – Sweden’s former lottery inspectorate. In her duties, Rosenberg oversaw Lotteriinspektionen’s transition to Spelinspektionen, the gambling …

Relax Gaming, AvatarUX, BGaming, NetEnt and streamer Brian Christopher were amongst some of the winners at the 2023 edition of the Game Developer Awards, which took place last night at the InterContinental Hotel in Malta. Closing the final day of what was a record-breaking CasinoBeats Summit, the coveted awards ceremony was presented by Arsenal legend Gilberto Silva and returning host …

LeoVegas AB has reported a difficult opening to 2023 trading, having registered a group-wide decline in revenues across key markets.  The new property of MGM Resorts, LeoVegas reported total quarterly revenue of €95m, a 4% decline on previous year income of €98.5m, whilst EBITDA also declined 3% from a Q1 2022 loss of €2m to a deeper loss of €3m. …

Atlas-IAC has appointed Maxim Slobodyanyuk as its new CEO, replacing Sergei Efimenko in the leadership role of the European gaming software company. Upon assuming CEO duties, Slobodyanyuk will work to coordinate and drive forward Kyiv-based Atlas-IAC’s strategic focus, which revolves around providing betting and gaming solutions to EU market operators. The firm has outlined maintaining business operations and safeguarding stakeholder …

A preliminary plan has been presented to the French government, proposing the incorporation of iCasinos into the country’s gambling industry, which marks the beginning of a new phase in the French igaming landscape. The draft plan is sponsored by Philippe Latombe, an En Marche’s MP, who stated that “French gambling remains very restrictive and constrained”.  The Gambling Law of 2010 …

Responsible Wagering Australia (RWA) has revealed that illegal offshore gambling could cost nearly $3bn in lost taxes and racing and sport product fees unless action is taken. It was in the Australia Offshore Wagering Market Analysis 2023 Report that it states the illegal offshore market in Australia is now worth more than $1.1bn – which is around 15% of the …

Nigerian betting firm KingMakers has signed an agreement with EveryMatrix, integrating the supplier’s casino content library via its CasinoEngine. The single integration with EveryMatrix’s igaming platform will incorporate thousands of games into the operator’s casino offering. This forms part of KingMakers’ strategy of turning its BetKing brand into a ‘multi-vertical, digital entertainment experience’. Additionally, BetKing will leverage EveryMatrix’s JackpotEngine and …

Playtech Plc cites confidence that it will achieve its full-year 2023 financial and strategic objectives as its business continues to benefit from B2B and B2C growth.   Providing a Q1 trading update, the FTSE250 gambling technology group expects its FY2023 adjusted EBITDA result to slightly surpass its current consensus expectations. Yet Playtech notified investors that “current growth rates are expected to …

Skill on Net has become the latest firm to face regulatory action from the UK Gambling Commission (UKGC), finding itself under the spotlight for social responsibility and anti-money laundering failures. The Commission has charged the company £305,150 as part of a regulatory settlement, having determined that the firm had ‘breached several terms’ of the Licence Conditions and Codes of Practice …