iGaming

SRIJ, Portugal’s gambling inspectorate, seeks to become the first European regulator to establish a framework for the new casino game types of ‘Crash’ and ‘Loot’.  Last week, SRIJ – the Portuguese Gambling’s market supervisor under the authority of Portugal’s Tourism Board – launched a 30-day consultation for stakeholders to review its draft law governing the ‘X multiplier’ games of Crash …

Catena Media has acknowledged that there has been interest from third party businesses seeking to acquire some of its assets. The betting affiliate and publishing group has noted particular interest in its financial trading segment, the ‘Ask Gamblers’ flagship casino brand and ‘certain other’ areas of its global operations.  Addressing the third party interest in its business, Catena’s strategic review …

STS Group has retained its status as the biggest and sole publicly-listed bookmaker operating in Poland, having confirmed an extension to its agreement with TV Zaidimai Ltd this week.  One of the largest bookmakers in Central Europe, the group offers wagers for BetGames’ simulated card games across its sales channels. Under the terms of the extended collaboration, the parties will …

The UK Gambling Commission (UKGC) continues to monitor public engagement with online gambling verticals in light of regional governments easing the majority of COVID-19 restrictions.  Publishing its latest dataset tracking the UK’s online gambling marketplace, the regulator reported that total GGY in Q4 (January to March 2022) stood at £1.2bn, reflecting a decrease of 1% from Q3 (October to December …

The operating licence of Goldchip Limited has been suspended by the UK Gambling Commission (UKGC), as a review under section 116 of the Gambling Act 2005 is carried out. The announcement follows reports that activities may have been carried out contrary to the Act, not in accordance with conditions of its licence and that the firm may be ‘unsuitable to …

Light & Wonder Inc, the new corporate identity of a transformed Scientific Games Corporation (SGC), has outlined to investors its objective of achieving a $1.4 billion EBITDA target by 2025. The 2025 earnings target declared to investors will require Light & Wonder to match a compound annual growth rate (CAGR) of 15%. The Nasdaq technology group, which during Q1 trading …

NetShop ISP, a leading provider of bare-metal servers, data centre solutions, and cloud hosting, has been awarded the “Best Hosting Provider in the Baltics” award at the Baltic and Scandinavian (BSG) Gaming Awards 2022 in Vilnius, Lithuania. During the event, held at Radisson Blue Royal Astorija Hotel, sports betting and online casino professionals submitted their votes for those operators and …

The UK Gambling Commission (UKGC) has handed out a combined penalty of £657,000 to two online gambling businesses due to social responsibility and AML shortcomings.  Progress Play was charged £175,718 whilst Jumpman Gaming will pay £500,000, with the cash from both penalties directed towards the National Strategy to Reduce Gambling Harms. A UKGC investigation found ‘repeated breaches of licence conditions’ …

Malta has become the first EU member state to submit a ‘detailed opinion’ on Hungary’s draft proposals to reform its online gambling laws, ending its state-owned monopoly regime. Last February, the government of Hungary notified the European Commission (EC) of its plans to review draft proposals that will establish a new regime liberalising its domestic online gambling marketplace. Back in …