iGaming

Playtech Plc has carried out a comprehensive review of options to refinance €530m of senior secured notes and the terms of its revolving credit facility (RCF) – both due to mature in Q4 2023.  The review of debt financing options was outlined to investors in Playtech’s H1 Interim Results announced on 22 September. The FTSE250 technology group has entered an …

Glücksspielbehörde (GGL), Germany’s unified gambling regulator, has stepped up its regulatory actions against Lottoland. In July, the GGL began a ‘targeted enforcement campaign’ against Lottoland which is alleged to have “offered illegal gambling for years” in Germany. The laws of Germany’s federal Fourth State Treaty on Gambling (GlüNeuRStv) prohibit wagering on the outcome of any state-sanctioned lotteries. July’s warning was …

Light & Wonder has confirmed the promotion of Matt Wilson as President and Chief Executive (CEO) of the Global Nasdaq online gambling technology group. Wilson has served as interim CEO of Light & Wonder since August, as the group entered a leadership transition following the departure of Barry Cottle. The board of Light & Wonder has determined Wilson to be …

The Malta Gaming Authority (MGA) has stated that it has become aware of ‘unauthorised remote operators’ targeting Maltese consumers offering illegal online gambling services.     The MGA has issued a statement in which it listed 18 websites as “operating illegally within Malta”. The list included the website of Casinowin.bet, OlympusPlay.com, ThePokies.net and Jbag888.com. “The Authority hereby informs the public that these …

ComeOn Group has placed employee well-being and mental health at the forefront of its new CSR programme ‘ComeOn Cares’ – which has been rolled out across all global departments.    The staff well-being programme has been co-developed in collaboration with the Richmond Foundation, a Malta-based NGO who are expert in mental health support and awareness. Key directives will see ComeOn Cares …

GambleAware has submitted an expression of interest (EOI) seeking an evaluation and learning partner to help support the development of its Aftercare Funding Programme.  Part of GambleAware’s wider ‘operational strategy’,  the Aftercare Funding Programme will improve the availability and access to post-care treatment and support for victims of gambling harms. As the commissioning charity of research, education and treatment (RET) …

Kindred Group has announced that its Trannel International subsidiary will temporarily withdraw its brands from operating in the Norwegian market.  This afternoon, Kindred published a statement detailing that as an ‘act of good faith’ Trannel would comply with desist orders demanded by Lottstift – Norway’s Gambling Authority.  The long-running dispute between Kindred and Lottstift reached a boiling point this September, …

Continent 8 Technologies has confirmed the appointment of Brian B Koh as new Chief Commercial Officer (CCO) of the dedicated  IT management and security solutions provider for the global igaming sector.  A seasoned tech sales and business development executive, Koh joins Continent 8 from Syntax Group, where he formally served as Executive VP overseeing the commercial strategy of IT support …

Light & Wonder Inc has entered a definitive agreement wot acquire all assets of gambling loyalty and retention solutions supplier House Advantage LLC to advance its “cross-platform ambitions”. Founded in 2004, House Advantage is a Las Vegas and India-based studio that develops customised loyalty solutions for gambling, hospitality and leisure industries cbuilt by its proprietary ‘HALo Platform’. House Advantage collects …

India’s TV broadcasters, media and OTT platforms have been warned to stop promoting online gambling advertisements by the Ministry of Information and Broadcasting (MIB).  The Ministry – which serves as the Indian government’s central agency responsible for the formulation/administration of rules, regulations and standards on IT, broadcast and media – is reported to have issued “two advisories” to TV broadcasters …