Evolution Gaming has secured competition approval to complete its proposed acquisition of NetEnt.
Evolution submitted its all-share bid to acquire NetEnt in June, valuing the company at SEK19.6bn, with the bid subject to necessary approvals, including competition clearances.
The company secured approval from the Malta Competition and Consumer Affairs Authority in late [...]
Aspire Global subsidiary AG Communications has been warned that it faces financial penalties if it breaches gaming regulations in future.
The Patent and Market Court division of the Stockholm District Court found that AG Communications breached five separate gaming and advertising regulations in Sweden during 2019, with each breach attracting a [...]
The Hague District Court has sided with Netherlands gambling regulator Kansspelautoriteit (KSA) in its long running battle against loot boxes.
The case concerns the availability of ‘packs’ or loot boxes in the popular FIFA video game, where players purchase a loot box without the ability to determine or influence its contents. [...]
Britain’s Gambling Commission has imposed additional licence conditions on three online gambling operators for social responsibility and money laundering failures.
New York-listed GAN and privately owned operators BGO Entertainment and NetBet Enterprises have each had special conditions attached to their licenses and will pay settlements totalling £2.89m to advance the commission’s [...]
The board of directors of Stockholm-listed gaming operator Global Gaming 555 has confirmed that it will not be appealing Monday’s ruling by the Court of Appeal regarding its Swedish operating licence.
Global Gaming lost its Swedish operating licence in June 2019 due to suspected breaches of responsible gambling and anti-money laundering [...]
Brazil’s Supreme Court has found the federal government’s lottery monopoly to be unconstitutional.
The Federal Supreme Court ruled Wednesday that although the federal government has the exclusive right to legislate how lotteries may be operated, it does not have the exclusive right to operate a lottery as a monopoly.
The court said [...]
The United States Attorney’s Office for the Eastern District of Pennsylvania has accepted a settlement from Costa Rican online gambling operator 5Dimes in relation to its illegal sports betting operation in the US.
5Dimes offered sports betting to customers in the United States from at least 2011 through to September 2018, [...]
Racetrack and gaming operator Churchill Downs Inc. recorded a near 10 per cent fall in its share price Thursday after the Supreme Court of Kentucky ruled that the state’s historical horse racing games fall foul of parimutuel wagering rules.
Kentucky’s horse racing industry has benefited hugely from the popularity of historical [...]
eSports betting provider Unikrn has agreed to pay $6.1m to the Securities and Exchange Commission (SEC) as a penalty for conducting an unregistered initial coin offering (ICO).
According to the SEC, Unikrn raised approximately $31m through its offering of the UnikoinGold (UKG) token between June and October 2017, promising investors that [...]
Oklahoma Governor Kevin Stitt has expressed his deep disappointment after a US District Court ruled Tuesday that the state’s former tribal gaming compacts remain in force.
Governor Stitt agreed four new tribal gaming compacts this year after concluding that the state’s former compacts expired on January 1, 2020, despite opposition from [...]
The Supreme Court of Oklahoma has sided with state legislative leaders and the attorney general in rejecting Governor Kevin Stitt’s authority to authorize new forms of gambling.
The court ruled Tuesday that the new gaming compacts agreed between the governor the Comanche Nation and the Otoe-Missouria Tribe are invalid under Oklahoma [...]
German telecommunications and media association DVTM has called on the government to introduce temporary regulations to support providers of online casino games after another legal challenge by an unlicensed operator.
Online casino gambling is currently prohibited under German law and numerous domestic courts have ruled that the country’s gambling legislation is [...]