In Q1 2023, Nuvei has set a solid foundation for future growth

According to Nuvei’s Q1 report ending March 31, 2023, the firm’s total volume rose by 45% to $42.4 billion. The company’s revenue, primarily driven by eCommerce, increased by 20% to $256.5 million. Nuvei Achieves Significant Regional Progress and Enhanced Financial Forecast Nuvei’s Q1 report also indicated significant growth in specific regions, with a 55% increase […]

The ABAESP is urging for a public consultation regarding the regulation of sports betting in Brazil

An initiative was presented by the Brazilian Sports Betting Association wherein they express their apprehensions about the upcoming regulation and advocate for transparency. Anticipation for the regulation of sports betting in Brazil is growing rapidly. It was recently disclosed that President Lula may introduce the provisional measure upon his return from his European tour. Nonetheless, […]

The National Lottery in Malta has entered into a 10-year agreement with IGT

On Wednesday, International Game Technology (IGT), a renowned gaming company, declared the signing of a significant contract for the Maltese lottery. IGT revealed specifics about the agreement, stating that its subsidiary, IGT Global Services Limited, entered into a fresh 10-year contract with National Lottery plc, the operator of the National Lottery in Malta and a […]

The Danish Gambling Committee will be spearheading research on problem gambling

The Danish Gambling Committee will prioritize research on responsible gambling and problem gambling thanks to a funding of $1.8 million. In Denmark, a fresh initiative is anticipated to spearhead research on gambling addiction and create a more secure market for customers. The newly formed Danish Gambling Committee will lead the research and collaborate with top-notch […]

KRAIL won the case against the Ibox Bank gambling license

Ibox Bank has lost a legal case against the Ukrainian Gambling and Lottery Regulation Commission (KRAIL) regarding the cancellation of its gambling license. The bank had challenged KRAIL’s decision after a criminal conspiracy was uncovered by the Economic Security Bureau of Ukraine (ESBU). According to the financial watchdog, over 20 Ibox subsidiaries and multiple gambling […]

Once again, the electronic lottery in Panama is under scrutiny

The conflict between the National Charity Lottery (LNB) and lottery ticket vendors regarding the introduction of electronic lottery has prompted Ricardo Lombana, a member of the Other Way Movement (MOCA) and a presidential candidate, to lend his support to the lotteries. Lombana has also demanded information about the contract between the LNB and Scientific Games. […]