Gambling Clear News
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
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
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
Joey Levy and Jake Paul’s microbetting start-up Betr has announced it will be expanding beyond the vertical into new segments. The company said that it will offer pre-match and in-play betting in its core markets ahead of the commencing of the NCAA basketball tournament March Madness. The expansion to new verticals will launch with 0%
French national regulator l’Autorité Nationale des Jeux (ANJ) has published a blacklist of gambling websites that have been subject to blocking and delisting orders. The blacklist, which will be updated monthly, features websites operated by brands such as Campeonbet, Casinoextra, Dublinbet, Kahuna Casino, Winmachance, MyStake, WinUnique, VegasPlus and YBet. Last March, ANJ was handed new powers
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
Casino Malta has been fined €233,834 (£206,633/$249,510) for a host of anti-money laundering and counter-terrorist financing (AML/CTF) failures. Malta’s Financial Intelligence Action Unit (FIAU), a government agency responsible for combatting money laundering and terrorist financing, fined Casino Malta for a lack of due diligence and inadequate risk assessment procedures. Referring to one case, the FIAU
