The Swedish gambling industry faces a pivotal moment as calls for Svenska Spel’s privatisation grow louder than ever. Gustaf Hoffstedt of the Swedish Trade Association for Online Gambling argues that government ownership undermines market fairness. With mounting financial struggles and regulatory fines, privatising Svenska Spel could promote impartiality and competitiveness in the gambling market. Explore […]
Kindred Group has announced its exit from the Polish gambling market, marking a pivotal shift in its operations strategy. Facing strict gambling laws and a monopolized casino industry, Kindred is committing to regulated markets under new ownership. Learn how regulatory challenges and a shift in business focus are reshaping Kindred’s operations and long-term goals. Discover […]
Are you watching Flutter Entertainment’s remarkable ascent? This week, the global gambling giant recorded its highest-ever closing price on the New York Stock Exchange (NYSE), reaching an impressive $267.00. This milestone highlights Flutter’s robust performance, underpinned by exceptional Q3 financial results and a well-timed $5 billion share buyback program. With momentum surging, investors are buzzing […]
The Rio de Janeiro State Lottery (Loterj) has launched a lawsuit in a Brazilian federal court, aiming to suspend the Secretariat of Prizes and Bets’ (SPA) list of approved gambling operators until the required fees are paid and a formal bidding process is completed. Loterj’s legal action highlights a complex regulatory battle as Brazil prepares […]
Bovada Adds Pennsylvania to Growing List of Restricted Jurisdictions Bovada, one of the largest offshore gambling operators, has added Pennsylvania, Kansas, and Louisiana to its list of restricted jurisdictions. These recent additions bring Bovada’s total banned areas to 13 U.S. states plus Washington, D.C., marking a significant shift in regulatory actions targeting offshore operators. The […]
Digitain Expands Global Presence with UK Gambling Licence Approval In a strategic move that further solidifies its presence in Europe, Digitain has obtained a UK Gambling Licence from the UK Gambling Commission (UKGC). This significant milestone enables Digitain to offer its innovative gaming solutions to operators and players within the UK’s highly regulated market. The […]
Nebraska Senators Oppose Mobile Gambling Legalization Amid Rising Concerns In a significant development that could shape the future of gambling in Nebraska, 13 state senators have publicly voiced their opposition to the proposed legalization of mobile gambling. Their concerns center around the potential rise in gambling addiction and its impact on communities, echoing broader national […]
Logico, a prominent trade association in Italy, has voiced significant concerns over the proposed online gambling reforms by the country’s Ministry for Economy and Finance (MEF). The association, while acknowledging the need for updated regulations, warns that the new measures could adversely affect market competition. Italy’s online gambling sector at a crossroads! Logico challenges proposed […]
Liechtenstein, a European nation known for its meticulous approach to gambling regulation, has announced the extension of its online gambling ban until 2028. This decision underscores the country’s commitment to maintaining control over its gambling landscape and prioritizing player protection. Liechtenstein takes a decisive stance on online gambling, extending its ban for another six years […]
The UK Gambling Commission has initiated a new series of consultations, delving into crucial aspects of gambling regulation in line with the UK government’s proposed reforms. This 13-week consultation seeks to refine the processes surrounding financial penalties and key event reporting in the gambling sector. The UK Gambling Commission embarks on vital consultations! Stakeholders are […]