iGaming

The Swedish Gaming Authority, Spelinspektionen, has awarded the latest in a series of B2B supplier licences to Gaming Innovation Group (GiG). GiG becomes the eighth betting and gaming supplier to secure approval under Sweden’s new B2B framework, approved by the Rikstag parliament in November last year with backing from the Ministry of Finance. The firm, which maintains offices in London …

EveryMatrix’s JackpotEngine casino gamification engine has received regulatory approval from the Malta Gaming Authority (MGA), expanding the scope of the supplier’s operations in the country. A Malta-based international enterprise, EveryMatrix will now be able to offer the JackpotEngine product to ‘potentially hundreds’ of igaming brands on the island via its CasinoEngine and SlotMatrix divisions. The product has been designed by …

KRAIL – The Commission for the Regulation of Gambling and Lotteries in Ukraine has hit back against direct attacks made against its organisation by The Ministry of Digital Transformation.  This week, the Ministry presented ‘Draft Bill-9256’ to the Verkhovna Rada (parliament), seeking authorisation to ‘liquidate KRAIL’ of its duties as the authority overseeing Ukrainian gambling. Mykhailo Fedorov, who leads the …

Gaming Innovation Group (GiG) cites full confidence in achieving its 2023 financial and commercial objectives, as tech units achieve all-time-high results.     Publishing its Q1 2023 trading update, GiG announced ‘impressive group-wide results’ for Q1 2023, generating all-time high corporate revenues of €28.4m, a 49% year-on-year increase on 2021 results of €19m.   Peak revenue performance led the technology group to achieve …

The Ministry of Finance of Estonia has published a ‘draft law’ recommending that the new government increase taxes on online gambling, casino games, and lottery draws.  An increase in gambling taxes is proposed as the Ministry cites significant growth in online casino revenue, which has surged by 260% from €78m in 2020 to €281m in 2022, as reported by the …

Microgaming has confirmed the appointment of Stephen Fisk as its new Chief Executive Officer (CEO), effective immediately. Fisk will be taking over the role from Andrew Clucas, who will pursue new opportunities, having chosen to end his 15-year tenure as an executive of the online casino games and software supplier.  Fisk, who first joined Microgaming in October 2016 as Director …

LeoVegas has secured a majority stake in development studio Push Gaming in the latest commercial move for its LeoVentures investment arm. The Swedish company has outlined a strategy of investing in game content creation and distribution to support its own international expansion plans, with the group emphasising that the development ‘leapfrogs’ its exposure into slots content. In addition to securing …

Prop trading firm PlayMeTech has this week expanded into igaming with the acquisition of a stake in online sportsbook and casino operator Alphabook. Launched in 2022, Alphabook has established itself as one of the fastest-growing crypto-friendly platforms, offering more than 750 sports betting markets and thousands of casino games to players around the world. Commenting on the acquisition, Group CEO …

After 28 months in development and overseen by the tenure of three Prime Ministers, three Secretaries of State and six junior Ministers, the Gambling Act review White Paper has finally been released this afternoon.  The White Paper sees the Conservative government fulfil a 2019 manifesto pledge made by PM Boris Johnson to overhaul the gambling sector by replacing its “analogue …

VIXIO Regulatory Intelligence has announced the launch of a new tool called the Market Assessment Tool (MAT), to provide “a comprehensive and easy-to-use overview of over 140 global jurisdictions’ approaches to online gambling”. The igaming intelligence agency brands MAT as a first-of-a-kind tool for the industry that will provide clients with an at-a-glance view of key variables to support decision-making …