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WatchandWager renews California ADW license

Webis Holdings has received a two-year license extension for its WatchandWager.com advanced deposit wagering (ADW) business in California.

The new approval from the California Horse Racing Board (CHRB) runs until 2024, allowing WatchandWager to continue to accept online pari-mutuel wagers from residents of California.

The license sits alongside the company’s long-term lease [...]

1 min read

ATG fined SEK6.0m for anti-money laundering failures

Swedish betting and gaming operator ATG has been fined and issued a warning over anti-money laundering failures.

The regulatory action followed an investigation launched by the Swedish Gaming Inspectorate in the autumn of 2021 to examine ATG’s anti-money laundering (AML) compliance.

According to the Gaming Inspectorate's assessment, ATG has failed in its [...]

1 min read
SuperSports Croatia

Entain completes acquisition of Croatia’s SuperSport

London-listed betting and gaming operator Entain has completed the acquisition of Croatia’s leading operator SuperSport Group through its new Entain CEE venture.

Entain CEE was established in August through a partnership between Entain and Czech investment firm EMMA Capital to drive expansion in the Central and Eastern European region.

Entain owns 75 [...]

1 min read
Netherlands

TonyBet secures Netherlands licence approval

Online betting and gaming operator TonyBet has secured license approval to launch in the Netherlands.

The company has secured licence approval to offer online sports and horse race betting, as well as online casino gaming in the Netherlands.

The new license was officially awarded on November 15 and expires in November 2027.

This [...]

1 min read

Affinity Interactive promotes Andrei Scrivens to CEO

US betting and gaming operator Affinity Interactive has appointed Andrei Scrivens as CEO to succeed the retiring Mary Beth Higgins.

Scrivens takes over as chief executive on January 1, having served as the company’s chief financial officer since 2019.

He succeeds Mary Beth Higgins, who is retiring after a 25-year career [...]

1 min read

Lottomatica agrees €310m acquisition of Betflag

Italian betting and gaming operator Lottomatica is looking to strengthen its position in its home market with the acquisition of online operator Betflag.

Lottomatica has agreed a deal to acquire 100 per cent of the share capital of Betflag for a consideration of €310m on completion, subject to adjustments based on [...]

1 min read
La Française des Jeux (FDJ)

FDJ agrees €175m acquisition of ZEturf

La Française des Jeux (FDJ) has concluded its discussion with ZEturf Group with an agreement to acquire the online horseracing and sports betting operator.

FDJ announced in September that the company had entered into exclusive negotiations with ZEturf, with those negotiations now resulting in an agreement to buy the business for [...]

1 min read
Dublin, Ireland

Irish Government approves publication of Gambling Regulation Bill

The Government of Ireland has approved the publication of a long-awaited bill to regulate online and land-based gambling.

Irish premier Micheál Martin described today’s Cabinet approval as significant and the bill as “unquestionably a major milestone”.

“It is an important and necessary piece of legislation, designed to meet the challenges of gambling [...]

1 min read

Everi reports net income growth to $29.4m in Q3

New York-listed gaming supplier Everi Holdings has reported a 21 per cent increase in revenue to a record $204.3m in the third quarter of 2022.

The strong revenue growth was driven by a 27 per cent increase in revenue from the Fintech segment on higher hardware and software sales, and 17 [...]

1 min read

Wynn Resorts narrows Q3 loss despite fall in revenue

Wynn Resorts has reported a 10.5 per cent fall in revenue for the third quarter of the year, with lower casino revenue offsetting growth in hotel, dining, retail and entertainment.

Revenue in the third quarter of the year fell to $889.72m from $994.64m a year ago, as casino revenue fell by [...]

1 min read
Flutter Entertainment

Flutter Entertainment benefits from US and International growth in Q3

Flutter Entertainment has reported a 31 per cent increase in revenue to £1.89bn in the third quarter, with declining revenue in Australia and UK & Ireland Retail offset by strong growth in other markets.

The third quarter revenue growth was driven by a 17 per cent increase in Sports revenue to [...]

1 min read
Gamban

Kindred Group to launch Gamban on Unibet France

Online betting and gaming operator Kindred Group is taking another step towards its goal of eliminating revenue from harmful gambling with the rollout of the Gamban software in France.

Gamban, the independent online gambling blocking software, will be made available to players in France for the first time beginning November 10. 

The [...]

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