Business
July 1, 2022
Light & Wonder Reduces Sale Price of OpenBet by $400M
Light & Wonder has issued an update on the sale of its OpenBet platform to Endeavor Operating Company, LLC and Endeavor Group Holdings, Inc. According to the update, the company has agreed to sell the platform for $400 million less than the original amount after the companies entered into an amendment to their definitive purchase […]
Industry
July 1, 2022
SSG Publishes 2022 Sports Betting Industry Study
International media and technology company Spotlight Sports Group has issued its second annual report reviewing the sports betting and iGaming industry worldwide, which focuses mainly on the regulated European and US markets. ‘BetTech Ecosystem’ – Edition 2022 For the second year in a row Spotlight Sports Group (SSG) authored a research paper called ‘BetTech Ecosystems’, […]
Industry
July 1, 2022
GLI Africa Writes History as It Hits 100 South Africa-based Employees
Gaming Laboratories International (GLI) Africa has reached a massive achievement as it hits 100 South Africa-based employees, which will support the company’s customers in the African continent and beyond. Customer demand has been increasing in this region in the past year as GLI Africa hired 58 more team members. GLI Africa’s Operations Started in 1996 […]
Sports
July 1, 2022
Vancouver Whitecaps vs Los Angeles FC MLS Odds, Time, and Prediction
The betting odds on Los Angeles FC winning the 2022 MLS Cup have shortened from +550 to +300, suggesting they’re very likely to win the first title in the history of the franchise. The reason behind the odds move is that legendary Welsh winger Gareth Bale has inked a deal with LAFC. Bale probably isn’t […]
Industry
July 1, 2022
AGCO issues CAD$100,000 Fine to DraftKings in Ontario, Canada
The Alcohol and Gaming Commission of Ontario has issued a new penalty to the tune of CAD100,000 targeting DraftKings. The company received a Notice of Monetary Penalty, the standard document used to notify operators about breaches of the existing gambling law, on Thursday. DraftKings Latest Company to Be Fined over Gambling Shortcomings The notice listed […]
Business
July 1, 2022
PointsBet Expands to Europe with a New Dublin HQ
US sportsbook operator PointsBet opened its first European headquarters in Ireland’s capital city of Dublin. The new HQ will serve as a staging ground for the operator’s future expansion efforts in the Old Continent and will initially house 70 employees. PointsBet’s Numerous Irish Ties Made Dublin an Obvious Choice PointsBet’s expansion in Europe was heralded […]
Industry
July 1, 2022
Sir Iain Duncan Smith Blasts White Paper and Gambling Act Review Delays
A white paper has been the hot topic of discussion in the UK, with some proposed changes in the 2005 Gambling Act not sitting well with Tory backbenchers and others. Lobbying efforts to get the opposite message across have been undertaken by gambling companies. Gambling Act – 17 Years Old, Needs Update The Gambling Act […]
Industry
July 1, 2022
Betsson Becomes Official Sponsor to 2022 CONMEBOL Copa América Feminina
Betsson has expanded its reach in Latin America once again by positioning itself as the official and exclusive sportsbook partner for the upcoming 2022 CONMEBOL Copa América Feminina, which is due to start next week. The sportsbook and betting company has secured an important position as it will promote the female soccer competition and seek […]
Industry
July 1, 2022
Premier League Ace Hal Robson-Kanu Urges Ban on Gambling Sponsorships
Nobody is sure what the White Paper pitching changes to the Gambling Act 2005 will bring. As mystery mounts so do speculation and tempers have naturally become a little frayed. As a result, now-retired Premier League star Hal Robson-Kanu took to LinkedIn to address the possibility of gambling sponsorships remaining unchanged, vituperating against the government’s […]
Industry
July 1, 2022
Ex-MGA Compliance Officer Loses Consulting License after Multiple Charges
Iosif Galea, a former compliance officer at the Malta Gaming Authority (MGA), has been banned from directorships in gaming companies and other related businesses under the MGA’s supervision. Galea Got Apprehended in Italy with Two European Arrest Warrants Galea had two European Arrest Warrants. The first was issued in Germany on suspicions of tax evasion. […]
