Industry
January 5, 2022
FansUnite Adds Payments Expert Williams as Payments Director
Sports technology firm FansUnite Entertainment announced the appointment of Dennis Williams to the role of Payments Director to facilitate its continued business expansion. ‘Insight and Ability to Innovate’ FansUnite announced the addition of industry veteran Dennis Williams this week to commence its business in 2022 and continue on the upward trajectory set in 2021. The […]
Industry
January 5, 2022
Sportsbooks in Tennessee Hit New $36.9M Revenue Record in November
After PASPA was struck down by the Supreme Court in 2018, Tennessee legalized sports betting in April 2019. However, it was quite some time until the launch of the activity that happened in November 2020. One year after the launch, November 2021 proved to be another record-breaking month for sportsbooks in the state that hit […]
Industry
January 5, 2022
UK Policymakers Suggest Lumping Crypto Regulation with Gambling Review
The Gambling Act review is happening, however slowly, and as MPs and industry bodies try to thrash out the details, a new qualm has been brought up. Cryptocurrencies seem to also need tougher regulation, and the United Kingdom has not hesitated to act in that direction, although the latest proposal, which asks for crypto to […]
Industry
January 5, 2022
Dutch Man Sentenced For Embezzling Money He Gained Trying to Sue Lottery
Interesting news comes from the Netherlands as Ferdy Roet has been convicted of embezzling $3.1 million. Der Telegraph reports that the 41-year-old received his sentence in a Zwolle court, located in the northeast part of the country. He will now serve a two-year prison sentence. The Whole Conviction is One Massive Irony The reason why […]
Industry
January 5, 2022
Sportech Finalizes Sale of Leidsa Interest to Inspired Entertainment
UK-based online gambling and entertainment company Sportech has finalized the sale of its interest in the Dominican Republic lottery (Loteria Electronica Internacional Dominicana) to Inspired Entertainment. Sportech Sells Leidsa Interest for $14.5M The deal was valued at $14.5 million and immediately boosted the share price of Sportech by more than five percent. Out of this […]
Industry
January 5, 2022
French Gambler Turns Pocket Change into $3 Million On Slot Machine
Walk in with a €2 coin, walk out with €2.6 million. That is what a gambler was able to do this past Sunday, welcoming 2022 as a new millionaire. Instant Fortune From a Minimal Bet An unidentified Frenchman in his thirties took a trip to the Pasino Saint Amand Les Eaux casino in northern France […]
Industry
January 5, 2022
Macau’s Casinos Could Become Guinea Pigs for China’s Digital Currency
China has big plans for its central bank digital currency (CBDC), the digital yuan. Pilot programs have already been introduced to test its ability, but big changes could soon be coming. A report by Reuters indicates that those changes may include Macau’s casinos. Macau to be Chinese CDBC Guinea Pig As Macau prepares to introduce […]
Industry
January 4, 2022
KaFe Rocks Allows Employees Unlimited Holidays, Mental Health Support
The Maltese iGaming company KaFe Rocks, as well as its Time2play brand, have decided to demonstrate their devotion to their employees by offering them an unlimited number of holiday days on top of access to mental health support. This new initiative will be executed with the help of the mental health charity Richmond Foundation. KaFe […]
Industry
January 4, 2022
KSA Warns Anonymous Operator over Ads during Live Games
The Kansspelautoriteit (KSA) is not happy with the way some operators still fail to follow up on what the Dutch gambling regulator believes is a pretty straightforward code of conduct for entities in the country. In one such case, a licensed entity continued to push online ads for live soccer league games bringing the watchdog’s […]
Industry
January 4, 2022
GeoComply Chairman Anna Sainsbury Stepped in as CEO
Global leader in geolocation security GeoComply announced its chairman and co-founder Anna Sainsbury stepped in as the company’s chief executive officer effective January 1, 2022. Change at the Helm Sainsbury, who had served as GeoComply CEO for seven years since she co-founded the company in 2011, succeeded fellow co-founder David Briggs who had spent four […]