Gambling News

- May 2, 2018 By Oliver Young -

Still strongly dedicated to creating a safer and fairer online gambling environment for UK consumers, the UK Gambling Commission has now issued a penalty to LeoVegas for marketing and advertising failings. Misleading advertising as well as bad handling of users after the expiration of their self-exclusion period are provided as reasons for the fine. On […] Continue Reading

- April 30, 2018 By Oliver Young -

Svenska Spel or widely known as the Swedish national gambling operator has noted strong Q1 performance in 2018 reveals a statistics report issued by the gambling regulator Lotteriinspektionen last Friday. Namely, Svenska Spiel noted a steady 1.4% growth y-o-y and reached land and online gambling turnover of SEK 2.1 billion. Sweden’s national gambling operations, altogether, […] Continue Reading

- April 26, 2018 By Riley Wilson -

Magno José de Sousa Santos, the President of the Brazilian Institute of Gaming, has recently stated the regulated gaming industry in this country could generate a yearly revenue of $18.8 billion and raise the annual taxes by around $8.6 billion. Speaking at the first edition of the Gramado Forum of Tourism Studies, Magno noted that […] Continue Reading

- April 25, 2018 By Oliver Young -

In another step that experts have widely characterized as protecting the state gambling monopoly, rather than protecting Norwegian problem gamblers, Norway has announced strict online gambling restrictions. Namely, the Norwegian Gaming Authority has started a consultation period on the freshly proposed restrictions that would provide even less competition to the Norsk Tipping and Norsk Rikstoto […] Continue Reading

- April 24, 2018 By Riley Wilson -

Slovenia has tried to regulate its online gambling market, but the proposed bill failed to receive the necessary parliamentary support. The country’s lawmakers had been working hard on Slovenia’s new online gambling framework through 2017. Market Needs Modernization ASAP Their opinion was that the current law introduced back in 1995 was outdated and could not […] Continue Reading

- April 23, 2018 By Oliver Young -

Canadian-based and Toronto-listed The Stars Group Inc announced in a surprising Saturday release that the company agreed to acquire Sky Betting & Gaming for $4.7 billion. Namely, the company has come to agreement with Sky Plc as well as its parent company CVC Capital Partners to overtake the UK based and licensed SBG and its […] Continue Reading

- April 19, 2018 By Riley Wilson -

The gaming industry revenues continue to rise in Paraguay. According to the data for the first two months of 2018, released by the National Gaming Commission (CONAJZAR), 5% more money to the National Treasury than in the corresponding period of last year. The Ministry of Finance has revealed the total income of $3.8 million has […] Continue Reading

- April 18, 2018 By Oliver Young -

After the turmoil in which the Macau gambling market was a few years back, it is always great news to note growth in both mass gambling market as well as the VIP sector. Namely, during the first quarter of 2018, Macau casinos reported almost identical growth for these two alongside a strong casino gaming revenue […] Continue Reading

- April 17, 2018 By Riley Wilson -

One of the biggest brands in the gambling industry, Playtech has reached an agreement to buy the Italian bookmaker Snaitech. Playtech will initially purchase 70.6% of the Snaitech shares, while this action will be followed by a mandatory takeover offer for all the remaining shares. An Important Acquisition Commenting on the latest move, Playtech Chief […] Continue Reading

- April 16, 2018 By Oliver Young -

Malta has always been recognized as a top online gambling market as well as a country whose gambling body the Malta Gaming Authority has boasted with high reputation. Therefore, when the country makes the headlines, this is usually thanks to good news; even if it comes to introducing brand-new gaming legislation. Nonetheless, this month the […] Continue Reading