Business
June 7, 2022
Swifty Global Acquires UKGC-Suspended Operator Goldchip
Financial and sports betting technology solutions provider Swifty Global has confirmed its acquisition of Goldchip, a UK-focused betting firm that recently had its license revoked by the country’s regulator. The acquisition paves the way for Goldchip’s return to the market, as its new owner already possesses UK and Curacao gambling licenses. A Second Chance for […]
Legal
June 6, 2022
Bettors Believe Johnson Will Win the Vote of Confidence
Boris Johnson will be subjected to a vote of confidence by other Party members. However, bettors believe he will not lose his post as the PM of the UK. Smarkets Users Voted in Favor of Johnson The vote of confidence was triggered today as the chairman of the 1922 Committee, Sir Graham Brady, announced that […]
Industry
June 6, 2022
BGC Forecasts 15,000 New Tech Jobs in UK Gambling
Britain’s Betting and Gaming Council promised that the growing gambling industry will create 15,000 new tech jobs in five years. This comes as a part of the Leveling Up agenda that seeks to expand the local regulated market. The BGC Expects 15,000 New Tech Jobs in the UK Gaming Sector Professional analysts forecast that the […]
Industry
June 3, 2022
UK Gambling Commission Publishes New Research, “Path to Play”
The UK gambling commission recently released the result of its newest research regarding the betting habits of gamblers. The Path to Play examines the key milestones and stages which gamblers go through and shows how gambling experiences can differ for different people or in varying contexts. The survey included 937 people who had gambled within […]
Industry
June 2, 2022
GambleAware Focuses on Community-Driven Approach with Lived Experience Council
GambleAware, a UK-based charity focusing on tackling problem gambling, is actively pursuing a course that will clean up the industry from harm and enable consumers to enjoy better gambling experiences. This cannot be achieved without the input from industry stakeholders and ordinary people, and the latest Lived Experience Council is a new attempt by the […]
Industry
June 1, 2022
Allwyn’s Merger with SPAC Cohn Robbins Pushed Back to Q3
A multi-billion special purpose acquisition company (SPAC)-type merger slated to complete in the second business quarter of 2022 has now been postponed for the third quarter and is dependent on the US Securities and Exchange Commission (SEC). Standard Regulatory Reviews The $9.3 billion merger between Allwyn Entertainment and SPAC Cohn Robbins Holdings Corp and the […]
Industry
June 1, 2022
Island of Alderney Remains Prominent Player in Online Gambling Regulation
The island of Alderney made nearly £2 million ($2.52 million) from eGambling throughout 2021. The small, rocky patch of land is a prominent hi-tech international hub for gaming companies and hosts many of the biggest names in the industry. The Tiny Island Rivals Other Offshore Behemoths Such as Malta, Gibraltar, and the Isle of Man […]
Industry
May 31, 2022
Ex-Minister Became Genius Sports’ Business Advisor
New York Stock Exchange-listed Genius Sports Limited has invited UK’s former ministry for sport Sir Hugh Robertson to join its newly formed business advisory council. The decision will go into effect without further delay. The former Conservative MP’s main responsibility will be to identify fresh strategic development opportunities for the company. He will also be […]
Industry
May 31, 2022
Former CEO Blacklisted by Jersey Gambling Commission over Football Index
The ex-CEO of Football Index, Adam Cole, has been named as persona non-grata by the Jersey Gambling Commission, with the regulator citing the executive’s past track record as the reason why. As a result of this ruling, Cole may not hold a position with any licensed by the commission entity, an official press statement read. […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
