November 14, 2023

Paraguay Deputies Call for Legislative Reforms to Curb Conajzar’s Licensing Authority

Paraguayan Deputies Demand Restructuring of Gambling Regulatory Powers to Ensure Fair Market Competition In a significant push for regulatory overhaul, fourteen members of Paraguay’s Chamber of Deputies are advocating for substantial legislative amendments to curtail the national gambling regulator Conajzar’s authority in issuing gambling licenses. This call for reform is sparked by concerns that Conajzar […]

November 10, 2023

Lithuania’s Gambling Market Flourishes with €161m Revenue, Online Gambling Leading the Surge

Lithuania’s gambling industry has witnessed a remarkable surge in revenue, reaching €161.0m in the first nine months of the year, marking a significant 15.2% year-on-year increase. This impressive growth has been largely fueled by the booming remote gambling sector, which outpaced land-based gambling in revenue generation. The Gaming Control Authority of Lithuania, responsible for regulating […]

November 10, 2023

Swedish Gambling Revenue Stays Steady in Q3 with Online Casino and Sportsbooks Leading

In the dynamic world of gambling, Sweden stands out in the third quarter of the year, demonstrating a resilient market with steady revenue figures. The latest financial report reveals that Swedish gambling revenue has maintained a consistent level at SEK 6.7bn (€573.8m), mirroring the results from the previous quarter. This stability, particularly in the context […]

November 10, 2023

Sam Sadi Foresees Fanatics Triumph in US Sports Betting Market at Xtremepush iGaming Event

Fanatics Poised for Success in the US Sports Betting Race, Predicts Sam Sadi at Xtremepush Event Sam Sadi, CEO of LiveScore Group, at the iGaming 2024: The Future of iGaming event hosted by Xtremepush, has confidently predicted that Fanatics holds the winning edge in the burgeoning US sports betting market. This insight places Fanatics ahead […]

November 10, 2023

Betclic Everest Achieves Remarkable Growth Amid Bet-at-home Challenges in Q3

Surges Forward with Impressive Growth Despite Bet-at-home’s Struggles Betclic Everest Group has experienced a notable surge in new players, leading to substantial double-digit revenue and earnings growth in the year to date. This growth trajectory has been particularly impressive considering the challenges faced by its Bet-at-home brand. The group’s revenue soared to €718.5m for the […]

October 31, 2023

Brazil’s Sports Betting Landscape: Key Dates and Regulations Unveiled

Brazil is swiftly advancing towards the legalisation of sports betting, with a crucial deadline fast approaching. Gambling operators aiming for a foothold in Brazil’s burgeoning sports betting scene have until the end of November to express their interest. The Brazil Ministry of Finance has released comprehensive guidelines on sports betting, encompassing the licensing procedure, responsible […]

Brazil’s Sports Betting Scene: Operators Offered 30-Day Window to Register Intent

In a decisive move, Brazil’s Ministry of Finance released Ordinance No. 1330 recently, laying down a comprehensive framework of requirements for prospective sports betting operators. This initiative comes as Brazil readies itself for the inception of a fully regulated betting market. Companies keen on tapping into this burgeoning market are now given a 30-day timeframe […]

September 2, 2023

Brazilian Lawmaker Suggests Stricter Regulations on Gambling Advertising

In anticipation of the forthcoming regulation of sports betting in Brazil, Deputy Ricardo Ayres from the state of Tocantins has introduced a new bill in the National Congress advocating for more rigorous controls on gambling advertising. Bill 3915/2023 aims to refine Provisional Measure No. 1182 by prohibiting promotional and advertising activities of casino betting brands […]