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GAN

GAN begins search for new CFO to replace Flores

Nasdaq-listed gaming operator and supplier GAN is on the hunt for a new CFO following the resignation of Karen Flores.

Flores has resigned from her position as chief financial officer and member of the board of directors and will leave the company at the end of this week.

She has served as [...]

2 mins read
Kindred

Kindred Group’s Spooniker fined in Sweden

Kindred Group subsidiary Spooniker has been fined SEK10.9m (approx. €1.0m) by Sweden’s gambling regulator. 

This follows the launch of an investigation in the autumn of 2021 into Spooniker’s compliance with anti-money laundering (AML) and customer due diligence requirements.

The investigation focused on Spooniker’s 30 highest frequency depositors in the first quarters of [...]

1 min read
Spain

Spanish operators pay €88m in fines in first half of 2022

Spain’s Ministry of Consumer Affairs has revealed that sanctions were issued against 53 online sports betting and gaming operators during the first half of 2022, with the country’s gambling regulator imposing more than €88m in fines.

The sanctions follow the introduction of new regulations by the Dirección General de Ordenación del [...]

1 min read
New Hampshire

New Hampshire online betting handle flat in October

New Hampshire's sports betting market declined by 7 per cent year-on-year to $91.3m in October, as online sports betting handle remained flat compared to last year.

Online betting handle in New Hampshire amounted to $68.2m in October, showing a fractional increase of 0.2 per cent compared to a year ago, while [...]

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
Sweden flag

Sweden’s Culture Committee issues recommendations on gambling regulation

Lawmakers in Sweden will hold a debate today on proposed changes to the country’s gambling legislation.

Parliament will consider the gambling reform bill introduced in May by the previous government, which included proposals to further restrict gambling advertising according to the risk profile of games.

Ahead of today’s debate and vote, the [...]

1 min read
OPAP

OPAP grows profit as third quarter revenue nears €500m mark

Greek gamíng operator OPAP has reported a 6 per cent increase in gross gaming revenue (GGR) to €498.8m for the third quarter of 2022, buoyed by growth across all products except video lottery terminals (VLTs).

Lottery GGR grew by 1 per cent year-on year to €180.5m during the third quarter, boosted [...]

1 min read

Arkansas mobile wagers pass $20m in October

Arkansas’ fledgling online sports wagering sector continues to show good growth, with October handle climbing 32 per cent on the previous month to $20.7m.

Oaklawn Racing Casino Resort launched its mobile sportsbook in September, meaning that all three gaming venues in Arkansas now offer online sports betting.

Oaklawn more than doubled [...]

1 min read

Pre-World Cup sales boost for Taiwan Sports Lottery

The Taiwan Sports Lottery got a pre-World Cup boost as sales rose in October by 14 per cent to NT$4.3bn (€133m).

October’s figure took the Sports Lottery’s total sales for the year to almost NT$43bn and closer to its annual sales target of NT$50bn (€1.55bn), with the ongoing World Cup tournament [...]

1 min read

Seven mobile sportsbooks set for Maryland launch

The US state of Maryland formally opens its mobile sports betting market today (Nov. 23), with seven operators expected to go live on launch day.

Maryland’s mobile sports wagering market will open at 9am EST on Wednesday, the culmination of a multi-year effort to get sports betting fully up and running [...]

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
Betway

Betway drives revenue growth for Super Group in third quarter

New York-listed online betting and gaming operator Super Group has reported a 2 per cent fall in revenue to €307.8m for the third quarter of 2022, following declines in online casino and brand license revenue.

Across all products, Betway’s Q3 revenue increased by 4.5 per cent compared to the same period [...]

1 min read
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