News

GVC Funding US Problem Gaming Report

GVC has announced that they will be helping to fund a study that will delve into problem gambling within the US. The study is part of a long-term commitment by the US National Council on Problem Gambling (NCPG). Owners of brands such as PartyPoker, Bwin, and Ladbrokes have recently joined up with casino giant MGM in a $200 million venture ….

NetEnt Turns Attention To Pennsylvania

Online operator giant NetEnt has stated that it wants to start offering online casino games to Pennsylvania after the launch of regulated Internet wagering in the US state. This comes not long after they confirmed that they had applied to the local regulator for a supplier licence. NetEnt explained recently that they have filed for a licensing application from the ….

Bettingmetrics Targeting Recruitment

Bettingmetrics has recently revealed that they are targeting a recruitment and marketing drive in attempt to generate further growth after it closed its second investment round. The Panorama Partners owned punter and bet-tracking platform, which was first set up in 2016 and last year won the Long Accelerator programme, has once again received funding from capital firm RLC Ventures. The ….

LeoVegas Completes eSports Investment

The LeoVegas group chief executive Gustaf Hagman has revealed that the company’s acquisition of a 51% stake in Pixel Holding Group is set to provide them with an insight into the growing eSports sector. An announcement from LeoVentures, which is owned and operated by LeoVegas, revealed that the investment amount came to £1.5 million. Pixel Holdings Group runs Pixel.bet, which ….

Greek Licences To Cost Up To €5 Million

Online gambling operators that are hoping to break into the Greek gaming market will be required to fork out up to €5 million in order to receive either a sports betting or gaming licence. The new regulations were released by the Greek Ministry of Finance, and state that an internet sports betting licence will cost €4 million, but that operators ….

Playtech Drops Plus500 Stake

Online operator Playtech has decided to offload its 9.99% stake in their online trading platform Plus500. The decision has come as “no surprise” as the company maintains its efforts to refinance its debts in order to fund its recent takeover of Italian gambling operator Snaitech. Playtech has confirmed in a regulatory filing that the sale would increase gross proceeds of ….

LeoVegas Targets US For Sports Betting

Online operator LeoVegas has told reporters that they are considering branching out into the newly opened US sports betting market, but has also admitted that there are still many factors that need to be considered before they make the move. The operator, which has seen large growth in the sports betting market within the last few months, has recently put ….

MRG Receives Danish Operating Licence

Online operator MRG has recently announced its intentions to start rolling out sports betting services within the country of Denmark. The plans come after MRG’s online casinos proved to be successful within the Danish market., and their latest sports betting licence will allow them to focus on offering sports services. The licence, which was awarded by Danish regulator Spillenmydigheden, will ….

Genting Casinos’ New Interactive Chief

Genting Casinos has recently appointed a new interactive managing director, Jeremy Taylor, who is a former Betsson executive. Taylor has been brought in in an effort to assess the opportunities for the operator across the European gambling market. Taylor is set to lead Gentings plans for its new interactive casinos and sports brands, which are based in its new Malta ….

Veikkaus Sales Hit By Control Measures

Finnish National Lottery operator Veikkaus has released a statement concerning heightened competition in the digital market, and has seen revenue fall after posting their financial details from the second quarter of 2018. This comes after a series of improved gaming restriction controls were released that has hit a number of online operators. Turnover for Veikkaus has fallen by 0.3% to ….