In The Spotlight
iSoftBet chief executive officer Nir Elbaz and chief commercial officer Michael Probert tell the story of iSoftBet’s recent growth spurt
After starting out in Guatemala, lottery operator Grupo Tenlot is targeting expansion throughout Latin America. Gaming Intelligence caught up with Grupo Tenlot CEO Yossi Abadi to discuss the company’s plans and why social development is central to its future.
Since granting its first operating licence in 2017, Colombia’s online sports betting sector has quickly established itself at the forefront of the emerging Latin American market. With other countries in the region looking to follow its lead, Colombia now wants to take the next step with an expanded regulatory framework that will ensure future growth.
Stockholm-listed Net Gaming Europe has reported a 6 per cent decline in revenue to €4.1m for the first quarter of 2019, with results impacted by new regulations in Europe and the phasing out of its paid media business as a revenue stream.
The Spanish Ombudsman has recommended that the government explore a total prohibition of gambling advertising across the country.
Leading betting and gaming operator bet365 has confirmed that it will relocate certain functionality from Gibraltar and expand its operational presence in Malta.
Victoria is set to become the first Australian state to implement strict new rules for online betting operators to provide stronger consumer protections for Victorians gambling online.
North American payment provider Nuvei Corporation has reached an agreement to acquire London-listed online payment processor SafeCharge for £699m.
China’s lottery market declined for the third consecutive month as total lottery sales fell 14 per cent to RMB36.0bn (€4.67bn) in April.