Gambling Clear News
Gambling operator Top Sport has been fined €15,000 (£13,170/$13,308) by the Lithuanian Gambling Supervisory Authority for breaching regulations over remote gaming. According to the regulator, a Top Sport player using a payment card belonging to another person to deposit €14,965 into his account with the operator. Lithuanian law states that licensed operators may only accept
Regulatory technology business GeoComply has announced that it has tapped former Meta director of engineering Vadim Jelezniakov as its new chief technology officer. Previous to joining GeoComply, Jelezniakov worked at a number of blue chip US corporations including Google, Amazon and the New York Times. During his career, he has worked within product development, specialising
Gaming Innovation Group (GiG) announced today the launch of a new B2B modifiable platform Enterprise Solution for operators that manage their own technology stack. The product – which is aimed at complimenting the business’s existing Software as a Service (SaaS) licensing model – will allow technically capable clients to modify or build up the supplier’s
A number of experts have reacted to the GB Gambling Commission’s £19.2m (€21.9m/$23.7m) record regulatory settlement against William Hill. The Commission imposed the settlement on William Hill Group and its subsidiaries over a number of serious social responsibility and anti-money laundering (AML) failings, which took place between 2020 to 2021. The settlement represents the largest
The US National Council on Problem Gambling (NCPG) has announced new members to its advisory board, including new chair and vice chair. Christopher Herbert, J.D., director of the Gaming Division at the Louisiana Attorney General’s Office succeeds Stacy Shaw as chair of the advisory board. Herbert has acted as an assistant attorney general for more
A number of operators have voiced concerns about the Gambling Commission’s capacity to implement the provisions related to the upcoming Gambling Act Review white paper. The submissions came during a call for evidence for the Digital, Culture, Media and Sport (DCMS) select committee inquiry into gambling regulation. A number of the UK’s leading gambling operators
Bragg Gaming has reported record revenue, gross profit and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in both its its full year 2022 results ended 31 December and its fourth quarter. Bragg’s revenue for the fourth quarter was €23.7m (£20.8m/$25.5m) a rise of 50.3% year-on-year, while revenue for the full year was €84.7m
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
Gan-operated igaming and sports betting brand Coolbet has announced that, after a year of operation, it will be exiting the Ontario regulated market from 3 April. The Estonia-based business said that it plans to switch off all deposit options on the Coolbet accounts from 21 March. Coolbet encouraged users with low balances on their accounts
The Swedish regulator Spelinspektionen announced today that it has issued its first three gaming supplier licences. The Swedish regulator Spelinspektionen announced today that it has issued its first three gaming supplier licences. The five-year licences have been awarded prior to 1 July, when the regulator will make the possession of such a licence a requirement
