Lucía Mouriño, Editor of SBC Noticias, provides an on-the-ground perspective of Uruguay’s ambitions and domestic hurdles to legislate and formalise an online gambling marketplace. The Finance Commission of the Chamber of Senators of Uruguay has approved an online gambling policy project recently unveiled by the Executive branch. A bill that seeks to launch an online gambling marketplace has now …
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Entain Plc has been summoned to pay the largest penalty in UK gambling history, totalling £17m, for regulatory failures connected to its online and retail business. This morning the UK Gambling Commission (UKGC) notified that it had issued Entain subsidiary LC International, which operates 13 UK websites, a sanction totalling £14m. A further demand for £3m was issued to the …
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EBET Inc has initiated a corporate restructuring plan to improve the long and short-term profitability of its business. In a statement announced ahead of its Q3 earnings call, the Global Nasdaq listed operator disclosed that it had undertaken “a series of measures to enhance the profitability of its newly acquired igaming assets as well as its existing esports products”. Headline …
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BetCoco, a new online casino brand, is seeking to bolster its standing in the international crypto betting and casino markets, in particular the Americas. Crystal Wealth Group (CWG), Owner of BetCoco, has a history of land-based casino operations and is now bolstering its presence in online and crypto casinos space with its new brand. With a licence in Curacao, the …
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SOFTSWISS’ Game Aggregator will now gain access to BETER’s portfolio of live casino games thanks to a new collaboration between the gaming software developer and the betting and gaming provider. The new partnership will enable BETER to expand the reach of its content across a range of new brands and markets, with SOFTSWISS’s partners gaining access to games including Roulette, …
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Igaming software solutions provider Delasport has expanded its product inventory available to UK partners, who will now be allowed to offer multiplayer bingo via a new strategic partnership with END 2 END. Announcing its latest supplier agreement, Delasport has agreed to offer END 2 END’s real-time multiplayer bingo product to UK turnkey partners. The END 2 END bingo offering will …
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Identifying the Ontario market as offering significant potential , Gaming Innovation Group (GiG) has secured its first major partnership in the province. The London-based gaming technology group has signed a three-year agreement with casino operator Kings Media Ltd, with provisions for further extension, supporting the latter’s King Billy casino brand – which is expected to go live in Ontario in …
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Twitch has confirmed to Bloomberg that it is “currently in the midst of a deep-dive look into gambling behaviour on its platform”. The statement was made in response to an article by Bloomberg reporter Cecilia D’Anastasio detailing a ‘gambling boom’ on the world’s most popular live streaming website. Concerns have been raised over the coverage of gambling content on Twitch, …
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As LeoVegas’ takeover by US betting giant MGM looms, the firm has encountered tricky business during the second quarter of the year, primarily in Europe. The Swedish gambling group reported a group-wide revenue increase of 1% to €98m (2021: €96m) in its Q2 2022 trading report, alongside adjusted EBITDA of €9m (€10.6m) – a margin of 9.2% and decline of …
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Kaizen Gaming, the international sports betting and gaming operator, has extended its partnership with games developer Leap Gaming. Last renewed back in 2021, the new deal expansion will launch Leap’s products in Romania via Kaizen’s Betano sportsbook brand, including the Instant Euro-League Legends product, alongside Nascar Streak, Football Penalty Duel, Virtual Football Cup V2 and Football Streak. Vangelis Kalloudis, Gaming …
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