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 …
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Gaming Industry For Ukraine secures £190k in donations
The gambling industry’s fundraiser to support the Ukrainian public, Gaming Industry for Ukraine, has made strides towards achieving its £250,000 target. Issuing an update this morning, the initiative – which provides financial backing to the Choose Love charity’s Ukraine Crisis Fundraiser – detailed that it has secured £190,000 in donations from betting operators in the past week. Companies to have …
Read More »Sweden requires bigger regulatory objectives to balance gambling marketplace
A deep dive on the prospects and realities of Sweden’s regulated online gambling marketplace opened the ‘Key Markets’ track on day one of the CasinoBeats Summit Malta. “Three years on from its re-regulation in 2019, Swedish gambling has faced perhaps the toughest balancing act of any European marketplace in the context of its liberalisation and regulation.” This was an observation …
Read More »Tim Heath launches gaming focused fund via Yolo Investments
Tim Heath’s Yolo Investments venture-capital fund has launched a sub-fund focused on the gaming and financial technology sectors. The newly established sub-fund will search for seed and A-stage opportunities across the gaming and fintech industries. Prior to launching the sub-fund, Yolo has already made investments in casino content studios OneTouch and Green Jade Games, fintech disruptions coins.io, Credis Bank and Yeahka, …
Read More »Costello: ‘Swedish limits aren’t for player protection, they’re just pure politics’
Recognised as one of igaming’s most lucrative marketplaces, conditions in Sweden have been drastically altered following the government enforcing a series of wagering and deposit restrictions. The safer gambling measures were instantly criticised by licensed operators as well as the country’s regulator. The panel discussing ‘the fallout from Sweden’ at the SBC Summit Barcelona – Digital weighed in on developments. …
Read More »Maxima Compliance – ‘Mastering technical compliance to grow your global footprint’
Having launched it’s ‘Complitech’ technical compliance database, Maxima Compliance will host the next SBC Webinar on Thursday 18 June (16:00hrs BST). Against a rapidly changing regulatory backdrop, a mastery of technical compliance is essential for any supplier with ambitions across multiple regulated markets. Furthermore, how can product, regulatory and leadership teams optimise processes when meeting a diverse range of compliance …
Read More »Jesper Kärrbrink: The industry must promote responsible gaming to the top of the agenda
The keynote addresses at the inaugural SBC Digital Summit have highlighted the key challenges that the betting and gaming industry face, especially during the ongoing pandemic. One of the presentations that has been singled out was that of Jesper Kärrbrink, co-founder and chairman of Green Jade Games. Delivering the day-two keynote, which is now available to watch in full above, …
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