Gambling Clear News
In its Q2 financial report Kindred posted a 29% year-on-year increase in revenue to £307.3m (€356m/$394m). Kindred’s Q2 focus on cost controls amid an ongoing strategic review and a strong performance in the Netherlands are keeping the business on track to surpass full-year earnings expectations, according to interim CEO Nils Andén. A total of £63.6m
Lottery.com chief executive Mark Gustavson is stepping down with immediate effect as chairman Matthew McGahan takes temporary charge. The troubled lottery technology broker announced a raft of further appointments. A new chief financial officer started last week, and two independent board members – including a Hollywood actor – have been appointed. Gustavson only joined Lottery.com
Increased and more widespread monitoring of women’s sport should be considered to help combat match-fixing, according to a new report. ‘Breaking Barriers: Assessing Women’s Sports, Betting, and Integrity Challenges’ looked at the current state of female sports around the world. Presented this week at iGB L!VE, the study had the support of leading industry organisations, operators
Videoslots has appointed experienced gambling executive Marco Trucco as its new chief marketing officer. Trucco will oversee all marketing activities and support Videoslots’ wider growth strategy, including expansion in Spain, Italy and Latin America. An industry veteran with 16 years’ experience, Trucco was most recently managing director Europe of GGpoker at NSUS Group. Prior to
The Juroszek family, former owners of Polish betting operator STS Holdings, are to become the largest shareholders in igaming supplier Gaming Innovation Group (GiG) with an 11.08% stake. The Juroszek family opted to buy shares in the “undervalued” GiG following last month’s announcement that they would be selling a 70% stake in STS to the
William Hill’s revenue declined just 0.5% to £1.24bn in 2022, following the completion of the sale of its non-US assets to 888 Holdings in July the same year. The tumultuous year saw the large decline in William Hill’s online segment largely offset by a resurgence in retail. The company’s retail revenue rose 52.7% year-on-year to
The International Betting Integrity Association (IBIA) has revealed OlyBet, the sports betting brand of Olympic Entertainment Group (OEG), as its latest member. OlyBet will feed into IBIA’s betting integrity monitoring and alert network, working alongside licensed operators from around the world. Active across the Baltic region, OlyBet joins almost 50 businesses and more than 120
The International Gaming Standards Association (IGSA), said that its board of directors has approved the creation of a Responsible Gaming Committee. The IGSA said the committee will offer support for regulators and operators with a “multi-tiered framework” called the Responsible Gaming Maturity Model (RGMM). The standards organisation said that it hopes that this approach will
Online casino and sportsbook operator Casumo has appointed Janice Duncan, formerly of Rank Interactive, as group chief financial officer. Experienced executive Duncan took on the role last month after two-and-a-half years in the same position at Rank Interactive. Prior to this, she spent three years at William Hill, first as head of business planning before
Gaming Innovation Group (GiG) is searching for a new chief executive for its platform business, with Richard Brown preparing to step down by the end of 2023. Gaming Innovation Group’s board announced late Monday (29 May) that it had agreed Brown would depart his role on 31 December 2023. It comes in the wake of
