Gambling Clear News
Henrik Tjärnström, CEO of Kindred, has said that “no item is sacred” in terms of cutting costs on an earnings call addressing Kindred’s Q4 trading update released earlier today (13 January). Although Kindred’s Q4 revenue is projected to rise 24.5% year-on-year to £305.0m (€343.1m/$372.2m), Kindred said this was not up to expectations and vowed to
Troubled igaming operator Genesis Global has laid off all of its employees, telling them it may not be able to pay their December wages, and begun insolvency proceedings, just two days before Christmas. As reported by the Times of Malta, Genesis Global sent a letter to all of its 140 employees on 23 December, informing
Entain-MGM joint venture BetMGM has warned that “certain BetMGM patron records were obtained” in a data breach earlier this year. BetMGM said it believed the breach occurred in May of this year, though it only became aware of it last month. The breach allowed unauthorised personnel to see “personal information of some patrons such as
Norwegian regulator Lotteritilsynet will once again pause its daily fines against Kindred, having now determined that the Unibet operator does not target Norway. The pause is the latest step in a long saga between Kindred and authorities in Norway, including Lotteritilsynet. Lotteritilsynet in September warned Kindred that it would impose a fine of NOK1.198m (£98,902/€113,930/$116,930)
The decision means the igaming supplier can distribute content in the state via CasinoEngine, its casino integration and productivity platform. CasinoEngine offers access to more than 12,500 games across more than 250 casino vendors and sub-vendors. Aside from Michigan, EveryMatrix has successfully obtained licences in West Virginia and New Jersey, with the iGaming platform stating
The Scottish Parliament Information Centre (Spice) has published a report outlining what a public health approach to gambling would look like in Scotland, calling on authorities to restrict gambling advertising and implement gambling harm education in schools. The document outlines current gambling laws and policies in Scotland, as well as highlighting those most at risk
The implementation of affordability checks and the re-opening of land-based venues both contributed to the fall in online revenue during 2021-2022, according to an Ernst & Young report commissioned by the Betting and Gaming Council (BGC). The report analyses the BGC’s contribution to the British economy, looking at gambling data covering the period between July
