Industry
April 29, 2021
Germany: Stake Tax May Push Half the Players to Offshore Websites
A potential red flag for the upcoming State Treaty on Gambling in Germany was discovered by an online survey which found out the proposed level of stake tax could push nearly half the players to offshore gambling operators. Payout Percentage Matters The survey conducted by Goldmedia on behalf of leading gambling operators Entain, Flutter Entertainment […]
Sports
April 29, 2021
Captain Up Partners with Innovative Platform Provider FSB
In a big boost to its burgeoning online sportsbook and casino offering, FSB, the innovative platform provider, has collaborated with Captain Up, an award-winning cloud-based gamification and loyalty platform. FSB Partners with Captain Up With the use of gamification, behavioral science, and smart social technologies, operators using FSB’s award-winning full tech-stack sportsbook and casino solution […]
Business
April 28, 2021
Kambi Group Posted Impressive 2021 First Quarter Growth
Malta-based sports betting technology provider Kambi Group released its Q1 trading update today posting impressive growth in sportsbook operations. Exceptional Financial Performance Total revenue for the Stockholm-listed group for the first quarter of 2021 amounted to €43.2 million, up 55% compared to €27.9 million registered in the first 3 months of 2020, as the company’s […]
Business
April 28, 2021
Yggdrasil Boosts Presence in Italy with Planetwin365
Yggdrasil, a leading online gambling content provider, strengthens its position in Italy by partnering with Planetwin365, a flagship brand of the SKS365 group. Yggdrasil with a Strong Foothold in the Italian Market Yggdrasil has signed a partnership deal with Planetwin365, a flagship brand under the Austria-based SKS365, to boost its presence in the Italian market. […]
Business
April 28, 2021
Codere’s Financial Struggles Continue, Moody’s Turns Less Optimistic
Even before the COVID-19 pandemic, it seemed that Spanish casino and gaming operator Codere was in a great position. As much as it worked to grow its global footprint, though, there were signs of financial difficulty that couldn’t ignored. The coronavirus exacerbated the situation and began to work with its creditors in order to find […]
Sports
April 28, 2021
Paddy Power Begins Relaunch of Sportsbooks in England, Scotland, and Wales
Executives and employees of Paddy Power and Flutter Entertainment, along with sports gambling enthusiasts across much of the UK and Ireland, have cause to celebrate. Paddy Power is finally beginning to open many of its sports gambling shops across the region, although some restrictions are still needed. While the Irish shops are going to remain […]
Business
April 27, 2021
Gaming Realms Posted 2020 Revenue Growth of 66% YoY
Developer of gaming content for mobile, desktop, and tablets Gaming Realms marginally raised its trading expectations today saying the strong momentum from last year continued into 2021. Strong Growth in 2020 The AIM-listed developer which launched its Slingo content in the Italian market and will soon expand into a second US state, Michigan, said in […]
Legal
April 27, 2021
Spelinspektionen Issued SEK2M Fines to LeoVegas and ATG
Swedish gambling watchdog Spelinspektionen announced today hefty sanctions to two gaming operators in the country, LeoVegas and horse racing firm ATG, for violations of the Money Laundering Act and the Gaming Act. LeoVegas Spelinspektionen noted that gambling companies must counteract any possibility for using their business as a money-laundering tool or source of terrorism financing, […]
Business
April 27, 2021
Ezugi Grows Italian Presence through Partnership with Sisal
Ezugi inked a strategic agreement with Sisal, the gaming and lottery giant in Italy. As a result of the agreement, Ezugi content is now live for customers of Sisal’s online casino and sports betting portal. Ezugi Partners with Sisal for the Italian Market Ezugi, the live dealer gaming provider, increased its presence in the Italian […]
Industry
April 27, 2021
Samaritans’ Latest Guidelines Enable Gambling Establishments to Do More to Discourage Suicide
Samaritans released the first best practice guide for the gambling industry, aimed at assisting gambling companies in understanding and implementing practical measures to avoid gambling-related suicide. Samaritans Guideline for Suicide Prevention There is a strong connection between gambling and suicide, according to research. Suicidal thoughts and attempts are more common in people who encounter gambling-related […]