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iTech Labs promotes Alvin Rizaldi to CEO

Gaming Laboratories International’s (GLI) recently acquired iGaming test lab, iTech Labs, has appointed Alvin Rizaldi as chief executive officer.

Rizaldi replaces Kiren Sreekumar, who founded the company in 2004 and has retired as CEO and managing director after 19 years in the role.

Sreekumar recently helped to facilitate the expansion of the [...]

2 mins read

Light & Wonder takes over full ownership of SciPlay

New York-listed gaming supplier Light & Wonder has taken over full ownership of social and casual gaming operator SciPlay Corporation.

After entering into a definitive agreement in August, Light & Wonder has completed the acquisition of the remaining 17 per cent equity interest in SciPlay that it did not previously own [...]

2 mins read

Gauselmann enters payments sector with paylado launch

German gambling giant Gauselmann has made its first foray into the payments sector with the launch of payment app paylado.

Through a partnership between Gauselmann subsidiary EPG Financial Services and European payments business Funanga, paylado enables players to top up their Gauselmann accounts using their smartphones in thousands of retail [...]

2 mins read

Gambling addiction charity Gordon Moody names new CEO

British gambling addiction charity Gordon Moody has named Monica Shafaq as its new chief executive officer.

Following an extensive and thorough recruitment process conducted by Gordon Moody’s board of trustees over recent months, Shafaq will take the helm from January 2024.

She brings 13 years’ experience in the charity sector and joins [...]

3 mins read
esports

Australia to impose mandatory classifications for video games with gambling

Australia’s federal government has announced plans to introduce mandatory minimum classifications for computer games containing gambling-like content from September 2024.

The move follows last week’s meeting of the Standing Council of Attorneys-General, where all Australian states and territories agreed to update the Guidelines for the Classification of Computer Games 2023.

Marking an [...]

1 min read
Aristocrat Leisure

Aristocrat brings in Superna Kalle as chief strategy and content officer

Sydney-listed gaming supplier Aristocrat Leisure has strengthened its leadership team with the appointment of Superna Kalle as chief strategy and content officer.

Kalle previously spent 16 years at Sony Pictures Entertainment (SPE), where she held leadership positions in corporate development, before growing SPE’s television networks businesses in India, Japan and across [...]

2 mins read

Novomatic revenue surpasses €1.58 billion in first half of 2023

Austrian gaming giant Novomatic has reported a 20 per cent increase in revenue to €1.58 billion for the first half of 2023, driven by growth in Italy, Germany and its Greentube online operations.

Gaming Technology revenue increased by 14 per cent to €574.2 million during the half year period, buoyed by [...]

1 min read
SciPlay

Light & Wonder set to acquire remaining stake in SciPlay

Light & Wonder (L&W) has entered into a definitive agreement to take over full ownership of social and casual gaming operator SciPlay.

The agreement will see L&W acquire the remaining17 per cent equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction.

The offer [...]

1 min read
SciPlay

SciPlay posts another record quarter as Q2 revenue grows to $189.9 million

Social casino and casual games provider SciPlay has delivered record revenue for the fourth consecutive quarter as revenue increased by 19 per cent to $189.9 million in the second quarter of 2023.

Average daily active users (DAUs) fell marginally to 2.2 million, although average revenue per DAU climbed 26 per cent [...]

1 min read

India finalises betting and gaming tax amendments

India’s Ministry of Finance has finalised plans to tax casinos and real-money online gaming operators that serve players in the country.

Details of the final tax and related collection measures were agreed at the Ministry’s 51st GST Council meeting on Wednesday 2 August.

The amendments will now be incorporated into India’s CGST [...]

1 min read

The Guardian bans gambling advertising

British-based media group Guardian Media Group has banned all forms of gambling advertising across its print and online platforms.

The global ban was revealed by the group on Thursday, with CEO Anna Bateson citing concerns that gambling ads could lure gamblers into a cycle of addiction that may result in financial [...]

3 mins read
SciPlay

SciPlay forms special committee to review Light & Wonder proposal

SciPlay has formed a special committee of independent directors to evaluate the recent acquisition proposal from majority shareholder Light & Wonder (L&W).

L&W submitted a proposal last month to acquire the remaining 17 per cent equity interest in SciPlay that it does not currently own for $20.00 per share, equivalent to [...]

2 mins read
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