Malta’s Parliament has approved new provisions to be added to its national ‘Gaming Act’, which will move to strengthen the Maltese Gaming Authority‘s powers to enforce industry compliance, standards and regulatory guidelines on gambling/betting stakeholders. The revision of Gaming Act, will deliver a new regulatory mandate for Malta gambling enterprises to adhere to, primarily focusing on strengthening the industry’s anti-money-laundering …
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Catena Media hits ‘peak performance’ as company begins 2020 journey
Stockholm-listed industry affiliate network Catena Media has reported its ‘best ever trading quarter’ as the company progresses on its 2020 vision. Publishing its Q1 trading update (period ending 31 March), Catena reports a corporate revenue increase of €23,9 million (Q1 2017: €15,2 million). The Stockholm enterprise details a period of high activity across its network assets, in which Catena delivered …
Read More »Pinnacle withdraws UKGC licence application
Updating its social media channels, Malta & Curacao-licensed online betting operator Pinnacle (Pinnacle.com) has confirmed that it will no longer be seeking a UK Gambling Commission (UKGC) licence. The low-margin bookmaker published the following update on its Twitter feed and Facebook group. Customer announcement: Pinnacle has withdrawn its licence application to the UK Gambling Commission. pic.twitter.com/hXuCfFW1K7 — Pinnacle (@PinnacleSports) May …
Read More »Microgaming donation aids YGAM Isle of Man expansion plans
Microgaming has made a £12,680 donation to the Young Gamblers Education Trust (YGAM), via it’s PlayItForward initiative, helping the independent charity expand its gambling related harm prevention programme to the Isle of Man. YGAM, who place a focus on raising awareness of gambling and gambling-related harm amongst young people, has seen its expansion over the course of the last three …
Read More »New Muscle… Pinnacle launches B2B platform
Malta & Curacao-licensed online bookmaker Pinnacle has expanded its corporate services launching its B2B ‘Pinnacle Solution’ sports betting platform technology. Pinnacle one of the industry’s oldest online bookmakers, seeks to leverage its in-house technology development capabilities combined with its market trading acumen to deliver an ‘unrivalled sportsbook service’ for its B2B customers. For its initial launch, the Pinnacle Solution will …
Read More »Organic Mr Green confident of expectations following strong 2018 opening
Stockholm-listed online gambling group Mr Green & Co, has published its Q1 2018 trading update (period ending 31 March), detailing strong organic growth across its core metrics and KPIs. In its trading update, Mr Green records group-wide total revenues of SEK 381 million (€36 million) up 38% on corresponding Q1 2017’s SEK 276 million. The Stockholm enterprise details a period …
Read More »Kindred promotes Maris Bonello to Sustainability & Research lead
Expanding its social responsibility and safer gambling initiatives, Kindred Group Plc has confirmed the promotion of Maris Bonello to the newly created role of Head of Player Sustainability, Research & Integrity. Bonello the former Integrity Analytics lead for Unibet, will head up a data team working alongside Kindred’s legal and compliance teams, focusing on group-wide player-to-product sustainability standards. Furthermore, the …
Read More »Betsson hires Peter Zäll as Chief Strategy Officer with Swedish focus
Stockholm-listed online gambling group Betsson AB continues its executive management team restructure confirming the appointment of Peter Zäll as new Chief Strategy Officer (CSO). Zäll joins Betsson’s executive team from Swedish state-owned gambling operator Svenska Spel, where he served as Group VP of Product & Marketing (2012-2017). Updating the media, Betsson governance confirmed that Zäll’s appointment would initially prioritise the …
Read More »High Ambitions! LeoVegas sets its 2020 enterprise vision
The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …
Read More »GiG sprints to Maltese Marathon headline sponsorship
Gaming Innovation Group (GiG) is embracing the island life of its new Maltese home, by becoming the main sponsor of the Malta Marathon. Taking over from previous incumbent Vodafone, the iGaming firm has signed an initial five year deal to partner with “one of the island’s largest annual sports events”. Robin Reed, GiG’s CEO and Founder, stated that he wanted …
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