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Altenar set to expand Isle of Man presence

Sportsbook technology provider Altenar is expanding its operations in its Isle of Man office, which will be headed up by recently appointed chief financial officer John Quaye.

The expansion of its Isle of Man office will enable Altenar to support its existing customers, while providing an opportunity for the supplier to [...]

2 mins read

Nevada sports betting revenue rises 18% in October

Nevada’s total gambling revenue grew by 4.8 per cent to $1.28bn in October, with the state’s sports betting market having a particularly strong performance.

Sports betting revenue rose 17.7 per cent year-on-year to $56.9m, with revenue from American football wagering climbing 12 per cent to $33.3m - the largest contributor to [...]

1 min read

Britain’s quarterly online gambling yield declines 11% to £1.2bn

Britain’s Gambling Commission has revealed that total online gross gambling yield (GGY) fell by 11 per cent year-on-year to £1.18bn for the July to September 2022 period.

Compared to the previous quarter, online GGY was down by 4 per cent, with the overall number of total bets and spins decreasing by [...]

1 min read

Rivalry shares soar on record Q3 revenue performance

Toronto-listed esports betting operator Rivalry Corp has reported record results for the third quarter of 2022 as revenue increased by 93 per cent to CAD$7.1m.

The record quarter was driven by a 203 per cent increase in betting handle to $70.3m, with its newly launched online casino offering contributing 30 per [...]

1 min read
Gambling Commission

AG Communications fined £237,600 by Gambling Commission

Britain’s Gambling Commission has issued a £237,600 fine to Aspire Global subsidiary AG Communications for anti-money laundering (AML) failures.

Following a review undertaken against AG Communications, the Commission found that the licensee breached Paragraphs 1 and 2 of licence condition (LC) 12.1.1: Anti-money laundering - Prevention of money laundering and terrorist [...]

1 min read

Kahnawà:ke initiates legal challenge against Ontario iGaming market

The Mohawk Council of Kahnawà:ke (MCK) is challenging the legality and constitutionality of Ontario’s newly regulated iGaming market, claiming that it is “significantly” damaging Kahnawà:ke’s economy.

The Council is to file a Notice of Application with the Ontario Superior Court against iGaming Ontario and the Attorney General of Ontario, challenging the [...]

1 min read

Inspired goes live in Ontario with Kaizen Gaming’s Betano brand

New York-listed gaming supplier Inspired Entertainment has launched its Virtual Sports products in Ontario with Kaizen Gaming’s Betano brand.

The launch in the Canadian province follows successful launches with Betano’s sister brand, Stoiximan, over the past year in Greece, with more territories to follow over the next 12 months.

Betano has gone [...]

3 mins read

Allwyn lauds Q3 performance as GGR climbs to €958.6m

European lottery and gaming operator Allwyn International has posted its best quarterly performance to date following an 11 per cent increase in consolidated gross gaming revenue to €958.6m in the third quarter of 2022.

The company attributed the record performance to continued organic growth in the online channel and a very [...]

1 min read

Switzerland adds 64 new domains to iGaming blacklist

The Swiss Gambling Supervisory Authority has expanded its blacklist of unlicensed online gambling with the addition of 64 new iGaming domains.

As a result of the order, internet service providers in Switzerland will be required to block access to these sites as of today, taking the total number of blocked iGaming [...]

1 min read
888 Holdings

888 Holdings outlines debt reduction plan and strategy for improved profitability

London-listed betting and gaming operator 888 Holdings will outline plans to improve returns to shareholders at a Capital Markets Day in London later today (Nov. 29).

The company will address the “more challenging” operating environment that it faces due to global macroeconomic conditions and will outline plans to improve profitability by [...]

1 min read

Glitnor Group calls off acquisition of iGaming affiliate KaFe Rocks

Malta-based iGaming operator and games provider Glitnor Group has called off its proposed acquisition of iGaming affiliate KaFe Rocks Group.

The two companies have mutually and amicably decided not to complete the transaction due to current market conditions.

As a result, KaFe Rocks and the Time2play.com brand will continue to be managed [...]

1 min read

Lottomatica swings to profit as revenue surpasses €1bn

Italian gaming operator Lottomatica has recorded strong growth for the nine-month period ended 30 September, with revenue climbing 122 per cent to €1.03bn.

The year-on-year growth was driven by strong performances from the company’s retail operations, with the comparable period last year negatively impacted by strict covid-related closures until the end [...]

1 min read
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