iGaming

Kansspelautoriteit (KSA) – The Netherlands gambling authority has issued a cease-and-desist order to Cyprus-based online casino multi-brand operator Gammix Limited.  KSA has accused Gammix of breaching KOA market rules, as the unlicensed operator is deemed to have offered ‘illegal online games of chance’ to Dutch consumers. Gammix that operates a portfolio of 15 online casino brands including Rigged.com, Zinkra, Touch …

The Leadership of Gluecksspiel (GGL) – the new federal agency for German gambling has initiated its first enforcement campaign “to block the offers of ineligible lottery betting operators”. The campaign was disclosed on Friday, during a digital press conference hosted by GGL co-leadership of Ronald Benter and Benjamin Schwanke, who outlined the regulator’s initial duties and measures available to safeguard …

The UK Gambling Commission (UKGC) will launch a new stakeholder consultation reviewing penalties for regulatory breaches and exploring how to improve operator accountability across gambling businesses.  The decision was announced by Senior UKGC Policy Director Tim Miller, speaking at Wednesday’s CMS Tax/Law Gambling Conference in London. Miller stated that planned reviews ‘should come as no surprise”, as the Commission has …

German start-up Apparat Gaming has secured its first round of investment, as Yolo Investments acquires an interest in the firm. Purchasing the stake for an undisclosed sum, the Guernsey-based venture capital fund made the decision after noticing that the games developer was ‘making waves’ in the European sector.  The move falls in line with Yolo’s commercial focus on seed and …

The board of IGT Plc has notified investors that the NYSE gambling technology group has completed its acquisition of iSoftBet in a cash deal worth €160m.  Last April, IGT entered definitive terms to acquire Malta-based, games developer and online casino solutions provider iSoftBet – deemed as an essential transaction to bolster IGT’s interactive unit. Of significance, the acquisition of iSoftBet …

The Seimas of Lithuania continues to reform the Baltic state’s gambling laws, approving new amendments to the national Gambling Law and the Lottery & Gaming Tax Law.  Gambling Law amendments will see the Lithuania Gambling Control Authority introduce a new type of licence for ‘the organisation (of) remote gambling services’. The introduction of a new remote gambling licence is required …

The financial uncertainty and volatility of global markets continue to impact the online gambling sector as 888 Holdings is reportedly struggling securing investors to back its £1bn bond.  During H1 trading, 888 proceeded to issue a £1bn debt bond, needed to finalise its £1.9bn takeover of William Hill’s UK and international units from Caesars International.    The debt bond, made-up of …

888 Holdings has transformed its business, completing the acquisition of William Hill’s UK and International units from Caesars Entertainment for £1.95 billion – a deal initiated in September 2021.  This morning, 888 announced that it had begun its integration of William Hill and Mr Green – new brands that will serve alongside the group’s B2C portfolio of 888 and SI …

Gaming Innovation Group (GiG) has signed new partnerships in Spain and Portugal, strengthening its position in the Iberian markets.  In Portugal, the B2B betting and gaming software provider has entered into an agreement with Caravel Entertainment Limited (Caravel), the operator behind the Moosh.pt online brand.  Terms of the deal – signed between GiG subsidiary Sportnco Gaming and Caravel – will …

ESA Gaming has announced a new addition to its product portfolio, releasing the EasyBoost set of promotional tools. Sitting alongside its EasySwipe games portfolio – currently leveraged by a range of firms including BetConstruct – EasyBoost has been designed to boost engagement and player loyalty.  Consisting of Tournament and Money Drop features, ESA aims to offer its partners the ability …