Industry
December 3, 2020
2019 STRs from Remote Gaming Surpassed Credit Institutions
The Financial Intelligence Analysis Unit (FIAU) in Malta released its Annual Report 2019 showing a continuation of the upward trend in the number of suspicious transaction reports (STRs) since 2010. Led by remote gaming companies’ reports which accounted for 52% of the 2,778 total cases reported to the monitoring body and surpassed credit institutions, the […]
Industry
December 2, 2020
Spain Loses 50% of Gambling Revenue in 2020 Year-over-Year
Gambling sector sees 50% drop compared to 2019 reports the latest Yearbook of Gaming in Spain 2020. Spanish Gambling Experiences Hardships in Pandemic Year The Spanish gambling industry association, Cejuego, and the University Carlos III of Madrid have compiled a revised outlook of the gambling industry in the country, reporting a 50% drop in gambling […]
Industry
December 2, 2020
Investors Expect Gambling Industry to Rise
Gambling operators are expected to gain momentum in the next months and in the long term with an increasing number of traders buying stocks or investing in thematic ETFs. Stock Markets Hit Record Lows in March In March, the world’s stock markets recorded all-time lows as Covid-19 started to spread rapidly outside of China and […]
Industry
December 1, 2020
UKGC Statistics Report Showed 8.1% Rise in Online Gambling
The UK Gambling Commission (GC) published its bi-annual gambling industry statistics report showing growth in online gambling. The remote sector with its £5.7 billion in gross gaming yield (GGY) represented 39.9% of the total £14.2 billion generated by the industry during the reported period of April 2019 to March 2020. The overview report in terms […]
Industry
December 1, 2020
Evoplay Reinforces Exposure in the UK and Malta After New Deal
After recently teaming up with InPlayNet, game development studio Evoplay Entertainment inked a deal with Playzido on Tuesday, December 1. Evoplay Partners up with Playzido for Content Deployment Evoplay is on its way to break ground in more markets and reach more audiences, thanks to an exciting new partnership with Playzido, a leading distributor of […]
Industry
December 1, 2020
Paola Menachem Joins Maxima Compliance As Director Of Regulatory And Licensing
Paola Menachem has a proven history as gaming counsel in leading industry providers, such as Omilia, the Zeal Group, Smithfield Partners, and Intralot. As a leader of the regulatory and licensing team, Menachem will help the company facilitate its customers when entering new markets or maintaining already existing ones. Maxima Compliance Fills a Number of […]
Industry
December 1, 2020
Guardian: Punters Bet £700m Less on Gambling Since FOBTs Changes
Provisional data by the UK Gambling Commission has revealed that punters wagered £700 million between April 2019 and March 2020. Yet, the Betting and Gaming Council believes the industry impact has been much bigger than reported. FOBTs Numbers Don’t Drop as Badly, Says The Guardian A new article published in The Guardian argues that punters […]
Industry
November 30, 2020
Penn National Gaming Generates Strong $1.13 Billion Revenue
The company posted high third-quarter results, despite the ongoing social constraints and closures. Moving to cashless technologies in brick-and-mortar casinos, as well as the creation of a new growth channel are some of the highlights. The entertainment industry has been one of the most affected by Covid-19, which forced the shutdown of physical locations and […]
Industry
November 29, 2020
Camelot Shows Resilience Amid Covid-19 Crisis
Camelot UK Lotteries, the licensed operator of The National Lottery, recovered its ticket sales for the first six months of the 2020/21 financial year ended on 26 September 2020 following the slump at the beginning of the global health crisis. Camelot reported £3.89 billion in sales, which represents only a 1.7% decrease compared to the […]
Industry
November 29, 2020
Playtech Boosts Compliance with TruNarrative’s Affordability Tool
Playtech continues to step up its efforts in establishing a safer and more consumer-friendly iGaming and betting experience by integrating TruNarrative’s Affordability UK into its proprietor Information Management Solution (IMS) platform. Affordability UK is a powerful solution that reads into customer habits and tracks aberrations in gambling behavior. More specifically, the platform runs an analysis […]