Gambling Clear News
Omnichannel lottery provider Scientific Games has made a number of internal promotions as it looks to grow its digital and sports division. Scientific Games aims to build on the momentum it achieved following its sale to Brookfield Business Partners in April 2022 by expanding its sports and digital teams, as well as “re-aligning” company leadership
White label platform provider Golden Matrix saw the issuance of $961,000 (£790,831/€903,635) in stock-based compensation push the business into a net loss of $444,000 for the three-month period ending 31 January, compared to the $349,000 in earnings the business achieved during the same period the previous year. The business reported $10.8m in revenue for the
EveryMatrix has announced the appointment of Tor Skeie as the new chief executive of its OddsMatrix sportsbook division. In his new role, Skeie will assume responsibility for the specialist business unit that employs 150 developers, traders, and members of the commercial and support teams. Skeie joined EveryMatrix in October 2020 when Toto IT, the Thailand-based
888poker, the online poker division of 888 Holdings, returned a record amount to players in 2022 as part of its fair gaming policy. A total of $287,292 (£239,300/€269,998) was refunded from accounts that 888poker said had violated its policy on fair play. Funds were returned to a total of 6,801 players, averaging $42 per customer
International Game Technology (IGT) said it reached all key financial goals during its 2022 financial year, despite experiencing a decline within its core Global Lottery segment. The tech giant was able to reduce certain costs across the business in line with its strategy, while group revenue was higher year-on-year, with growth noted within both its
Sponsors of the ICE Consumer Protection Zone (CPZ) at ICE London 2023 have raised a total of £52,800 (€59,454/$63,798) for four safer gambling charities. Better Change and Betknowmore from Great Britain, as well as the National Council on Problem Gambling (NCPG) from the US and AGOG of the Netherlands, will each receive £13,200 in funds
Infront Bettor, the betting-focused division of Infront, has agreed a global deal with Bet365 to supply the operator with a range of sports content. Under the agreement, Bet365 will distribute 18,000 hours of content from over 30 rights holders to more than 80 million customers from over 160 countries around the world. Infront Bettor’s content
Geolocation and fraud prevention business GeoComply has become as an associate member of the World Lottery Association (WLA). As a member of the organisation, GeoComply will have access to a range of resources and the WLA network of members that includes businesses in more than 80 countries around the world. GeoComply provides geolocation for anti-fraud
Allwyn has appointed Robert Chvátal, currently Allwyn Group chief executive, as interim CEO of its UK business to drive the transition towards the start of the Fourth Licence of the National Lottery. The business is due to replace Camelot UK as operator of the UK National Lottery after it was awarded the 10-year, fourth UK National Lottery licence in September
888 expects to report a 3% year-on-year decline in revenue for its 2022 financial year, partly due to increased UK safer gambling measures, while the online gambling operator also announced that Yariv Dafna is to step down as its chief financial officer. In a post-close trading update, 888 said full-year pro-forma revenue, including the non-US
