Industry
August 17, 2022
Sumsub Releases KYC Guide for the European Gambling Industry
Sumsub, the online identity verification services provider that offers an all-in-one know-your-customer (KYC) and anti-money laundering (AML) service, released a new report. The Growing Online Gambling Market Creates Challenges for Regulated Operators The whitepaper, titled “KYC for the gaming industry: Europe” offers a guideline for gambling operators describing challenges related to KYC as well as […]
Business
August 17, 2022
HeadsUp Is Close to the Finish Line with Spinola Acquisition
International gaming operator HeadsUp Entertainment has taken an important step towards strengthening its position in the global lottery market with the upcoming finalization of the acquisition of lottery software provider Spinola Gaming. HeadsUp Buys All Third-Party-Owned Spinola Shares HeadsUp has announced the completion of the next step leading towards the acquisition of the major global […]
Business
August 17, 2022
Raketech Posts Q2 Results, Shows 29% YoY Increase in Revenue
Raketech, an award-winning iGaming affiliate company, has released its Q2 report, which showed stable performance for the company. The revenue has reached €11.3 million ($11.5 million), even though the period was packed with “challenging market conditions and low seasonality.” Sports Betting Was Responsible for Over 30% Of the Total Revenue The company’s sports revenue reached […]
Industry
August 17, 2022
UKGC Slaps Entain with Record £17M AML and Social Responsibility Fine
Respected entertainment and gambling behemoth Entain Group has been fined the eye-watering £17 million (approximately $20.60 million) with the UK Gambling Commission citing a number of social responsibility and anti-money laundering breaches and shortcomings. The financial penalty refers to issues with both the company’s land-based and interactive business operations. In an official published on the […]
Legal
August 17, 2022
NY Shoe Repair Doubled as an Illegal Casino
Sal’s Shoe Repair, a shoe repair shop in New York, allegedly doubled as an illegal Mafia-owned casino, the police found out. According to the law enforcers, the family which operated the gambling venue was earning substantial revenues from the illegal operations. Prosecutors claim that the ringleaders would then launder the earned money through cash transfers. […]
Casino
August 17, 2022
New Jersey Gaming Industry Still Recovering, Revenue Up Single Digits
Things are looking great for the industry as a whole and New Jersey’s reported results indicate that business is picking up nicely, with few elements lagging. New Jersey Shows Strong Recovery According to information from the Division of Gaming Enforcement (DGE), New Jersey casinos have a Total Casino Win of $299.0 million for July 2022, […]
Casino
August 17, 2022
Real Dealer Studios Expands in Romania, Greece with Kaizen
Real Dealer Studios, a groundbreaking developer of online casino content, has launched its cinematically produced portfolio in the Romanian and Greece markets. This is possible through a tie-up with Kaizen Gaming, an iGaming company that has licenses and operates in both jurisdictions. Expanding in Greece and Romania As a result, Real Dealer Studios will provide […]
Casino
August 17, 2022
Pariplay Enters Pennsylvania iGaming Market with PGCB License
Pariplay, an aggregator and supplier of iGaming content, has struck a new pivotal partnership with the Pennsylvania Gaming Control Board. The company has welcomed the opportunity to become an official authorized supplier in the Keystone State and has expanded on what is already a growing number of B2B licenses in crucial iGaming jurisdictions across the […]
Industry
August 17, 2022
Singapore Inaugurates New Regulator to Get Ahead of New Gambling Trends
On August 16, Singapore inaugurated its new Gambling Regulatory Authority (GRA), which will take over from the Casino Regulatory Authority (CRA) and will aim to practice a holistic approach toward the whole of the gambling industry, encompassing all new gambling products that are available on the market. Establishing the New Regulator The GRA inauguration ceremony […]
Industry
August 17, 2022
Statistics Canada: Indigenous Canadians and 15YO Experience Higher Rates of Gambling Addiction
A new study by Statistics Canada has established higher rates of gambling addiction in the Indigenous population of Canada and minors. According to the study, almost two-thirds of Canadians who are at least 15 years of age had gambled in the year leading to the survey data, with the rates of addiction growing among the […]
