Industry News and Headlines
Industry
November 21, 2022
Lloyds Bank Trials Gambling Limit Spend on Debit Cards
The ban on credit cards for the purposes of gambling in the United Kingdom has been hailed as a milestone by many. Now, Lloyds Banks is experimenting with a new feature that will allow customers of the bank set monthly limits on how much they can spend on gambling using their debit cards. This is […]
Industry
November 21, 2022
Altenar Celebrated New Malta Office with a Party
Altenar, a leading provider of sports betting software for licensed operators, has announced its intentions to expand its footprint in Malta. The supplier opened a new office with the aim of expanding its operational capacity and answering to the increasing demand for sports betting solutions. Altenar Celebrates New Office As shared by Altenar, the company […]
Industry
November 21, 2022
Macau 3Q22 Gaming Services Drop 73% vs 3Q21
Macau’s economic well-being has historically been somewhat tied to its tourism and hospitality industries. The recent Q3 financials for the region reflect that perfectly. Q3 Results Affected by Recent Lockdown Macau’s gaming services exports dropped by 72.5% in the third quarter of 2022, compared to the same period last year. This fed an overall 46.7% […]
Industry
November 18, 2022
Hong Kong Authorities Reveal Inmates’ Tactics to Conceal Gambling
A crackdown on gambling in Hong Kong jails uncovered a variety of methods and tools inmates used to bet ahead of the FIFA 2022 World Cup kick-off this weekend, reported South China Morning Post. Betting Slip inside Toilet Paper Roll Upon completion of the operation, the Correctional Services Department displayed some of the methods and […]
Industry
November 18, 2022
DraftKings Became Sponsor of KPI’s Veteran Transition Program
Sports technology company DraftKings announced it has furthered its commitment to responsible gaming in a health-informed approach via sponsorship of Kindbridge Research Institute (KRI). Supporting the Next Generation of Researchers DraftKings agreed to provide multi-year funding to KRI and become the sole sponsor of KRI’s Military Research Associate Program (MRAP), which is designed to assist […]
Industry
November 18, 2022
Sportsbet Urges for End of Use of Credit Cards for Gambling
Sportsbet, an Australian betting giant, has said that it will support any move to prohibit the use of credit cards for gambling. The operator said that this type of payment method promoted a “play now, pay later” culture which was detrimental to the well-being of players and consumers. Sportsbet Says Credit Cards in Gambling Must […]
Industry
November 18, 2022
Swedish Gambling Authority Bans SG International N.V. From Operating in Sweden
Update: The Swedish Gambling Authority has lifted the ban on SG International N.V. after the company made changes to become compliant with the requirements of Swedish legislation. Spelinspektionen, the Swedish Gambling Authority, has issued an order banning Curacao-based SG International N.V. from doing business in Sweden as it does not hold the necessary license. The […]
Industry
November 17, 2022
Affinity Interactive Promoted CFO Andrei Scrivens to CEO
Online casino and sports betting company Affinity Interactive announced it has promoted Andrei Scrivens to the role of Chief Executive Officer. Scrivens, who has been serving as Chief Financial Officer since 2019, will step into his new role on January 1, 2023. Climbing to the Top of the Ladder Scrivens is set to succeed Mary […]
Industry
November 17, 2022
Parimatch Tech Holds Panel on Ukrainian Perspective
The Web Summit held between November 1 and November 4 in Lisbon once again brought together the biggest names in the tech industry. Among them, Parimatch Tech, the global product company that provides marketing and technology solutions for the Patimatch brand and the entertainment industry. Among other activities, Parimatch Tech introduced the ”Growth and Development […]
Industry
November 17, 2022
Golden Matrix Issued a Preliminary FY22 Revenue Estimate
Developer of online gaming platforms, systems and gaming content Golden Matrix announced in a press release today its preliminary revenues for the fiscal year ending October 31, 2022. Record Revenues Expected Golden Matrix revealed that in the twelve months ending October 31, 2022, it has generated record revenues of more than $34 million. The expected […]