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The board of XLMedia has announced that Caroline Ackroyd has notified the board of her intention to resign as Chief Financial Officer (CFO) of the London AIM iGaming media publisher. Updating investors, XLMedia informed that Ackroyd will maintain CFO duties until 31 March 2024 to assist the executive leadership team with an orderly transition. Ackroyd has served as XLMedia’s CFO …

Stake has been announced as the new main partner of Brazilian football club Esporte Clube Juventude. The betting brand’s logo will be visible on the front of the match and training shirts of Brasileiro Série B club (both men and women’s teams). The former Serie A side recently got relegated to the country’s second division. Akhil Sarin, Chief Marketing Officer …

Deutscher Sportwettenverband (DSWV) has announced French betting and gaming group Winamax as the latest member of the German Sports Betting Association. Founded in 2006, Paris-based Winamax operates France’s biggest online poker room and is recognised as one of the French market’s biggest sportsbook brands. Expanding its presence within new European markets, in 2021 Winamax was granted a Fourth Interstate Market …

Spillemyndigheden, Denmark’s Gambling Authority, published its ‘Game Consumption Report’ stating that land-based gaming venues experienced a decline in bets volume towards the end of 2023.  Data highlighted by the paper reports that land-based betting activity for November dropped to 15.5% from the 27.27% in October.  Overall, the market’s entire gross gaming revenue (GGR) from sports betting in October fell from …

Gaming Innovation Group (GiG) has powered the launch of Betway’s new online sportsbook platform in Portugal. Launched under the domain of Betway.pt, GiG secures its second Portuguese market partnership, following its debut as the principal iGaming platform supplier of the Spanish incumbent, GoldenPark. Betway underscored the significance of its debut in Portugal as a key target market, which recorded online …

Bacta has stated that it has ‘fired the starting gun’ on its engagement with DCMS in the interest of UK amusement and gaming machine industry stakeholders. The trade body has issued an ‘evidence-based’ response to DCMS with regards to increasing the maximum stake and prizes offered by gaming machines in UK adult entertainment venues. Writing to DCMS Secretary of State, …

Betting and live casino data provider BETER has signed online betting firm Novibet as a partner to expand its global client portfolio. Mediated by B2B igaming marketplace Betbazar, the deal will see Novibet gain access to BETER’s offering of sports and esports content, which includes the proprietary Setka Cup table tennis platform together with the ESportsBattle tournaments that encompass eFootball, …

Uruguay has doubled down on its commitment to strengthening the country’s responsible gambling strategy, with policymakers in the capital of Montevideo signing a long-term agreement with the Faculty of Medicine at the University of the Republic.  The municipality’s decision follows that of the national Directorate of State Casinos, which strengthened its efforts against gambling harm by teaming up with the …

Tommy Molloy, Chief Sportsbook Officer at Sportingtech, shares the sportsbook provider’s results across its Bet Builder on Brazil’s Serie A 2023 – most notably reporting a 1,300% boom in betting volume compared to the 2022 season. Football continues to dominate Brazil’s sports consumption; Brazilian bettors are fiercely loyal to both their nation and their clubs, unafraid to put their money …

Dealmakers of the $300m acquisition of Meridian Bet Group by Golden Matrix Group (GMGI) expect the deal to be closed by the end of Q1 2024 trading. First announced on 12 January 2023, the deal’s forthcoming closure was detailed by the management of Meridian Bet via the publishing of a ‘corporate progress and pending acquisition report’. Following several amendments, Meridian …