Gambling Clear News
Gaming Innovation Group (GiG) is targeting further expansion in North America after completing its previously announced acquisition of KaFe Rocks. GiG will pay a total of €35m for the affiliate group, which includes a €15m upfront cash payment. KaFe Rocks operates a portfolio of more than 30 brands in more than 20 markets, including Time2Play
Bettors in Arizona wagered almost $650m on sports in October 2023, according to figures released by the Arizona Department of Gaming. The $648.2m (£512m/€590m) put down by bettors in Arizona was a 4.8% increase when compared to October of last year. The figure was also up 6.2% compared to September. The October 2023 handle trails
Brazil’s chamber of deputies voted yesterday (21 December) to approve Bill 3,626/2023, which will regulate sports betting. Igaming has also been added back into the bill after removal by the senate. Brazil’s chamber of deputies has now voted to approve online gambling, giving the final green light for the market to be regulated in 2024.
Lottery technology broker Lottery.com has secured an $18.0m (£14.2m/€16.4m) investment commitment from financial group Prosperity Investment Management. Lottery.com said it will use the funds to “accelerate” its strategic acquisition plans. It also said the Prosperity investment will support market development initiatives for both its Lottery.com and Sports.com brands. Prosperity will fund Lottery.com through an investment
Player spending on sports betting in New Hampshire increased month-on-month during November, but the $78.5m (£61.9m/€71.3m) wagered was less than the previous year. Handle for November was down 15.7% from $93.1m in the same month last year. However, it was 2.0% ahead of October this year and the highest monthly total in New Hampshire for eight months. Of
The Victoria Gambling and Casino Control Commission (VGCCC) has fined the Australian Leisure and Hospitality (ALH) Group AU$480,000 (£257,271/€296,494/US$326,469) for breaching rules over operating hours. VGCCC ruled eight ALH venues in Victoria ran electronic gaming machines (EGMs) outside permitted operating hours. The regulator said the facilities also failed to observe mandatory shutdown periods. Venues flagged
GambleAware has announced the appointment of Andy Boucher, previously a partner at PricewaterhouseCoopers (PwC), as a new trustee. Boucher will join the GambleAware board and support the charity’s commissioning of best practice prevention, education, treatment and support services. GambleAware served the Great Britain gambling market. Boucher is a retired senior professional services partner and chartered
The Netherlands minister for legal protection, Franc Weerwind, has announced new measures that he hopes will protect players from problem gambling. Weerwind’s letter comes in response to “worrying and undesirable developments” in the Netherlands’ gambling industry. With the evaluation of the Remote Gambling Act not expected until 2024, Weerwind has decided to push on with
British, Irish and Japanese horse racing regulatory bodies have joined forces to create the Joint Cooperation Committee. The deal sees the British Horseracing Authority (BHA) and Horse Racing Ireland team up with the Japan Racing Association (JRA). The aims of the committee include promoting Japanese horses, while easing the travel of connections between the regions.
The National Thoroughbred League (NTL) has promised to “redefine the landscape of sports entertainment” after announcing a new headquarters in Las Vegas. The NTL launched earlier this year and pits racehorses against each other in teams as part of a league. This in turn simplifies the betting experience. The move of headquarters has been made
