Gambling Clear News
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
Jack Entertainment has joined the International Betting Integrity Association (IBIA) via BetJack, its sports betting brand, soon after launching in Ohio. Licensed to operate retail and online sports betting in Ohio, BetJack joins IBIA’s expanding organisation which covers 50% of all regulated commercial operator online betting activity. IBIA’s network stretches across more than 40 members
Special purpose acquisition corporation (SPAC) IG Acquisition Corp (IGAC) has ended talks with online gaming operator PlayUp over a merger and planned listing on the Nasdaq stock exchange. Plans for the listing were announced in September last year, with PlayUp and IG Acquisition Corp having entered into a business combination agreement and also agreed terms on
The New York Gaming Facility Board has officially opened the bidding process for three downstate commercial casinos. The board agreed to open a Request for Applications (RFA) by unanimous vote. This decision by the Board has been much anticipated. An amendment to the 2013 New York State Constitution permitted four upstate casinos in New York
Youth-orientated non-profit Young Gamers and Gamblers Education Trust (YGAM) will be the new official charity partner of ICE London 2023. YGAM is a responsible gambling charity that works to educate and safeguard young people from experiencing gambling-related harms. The organisation will also become the official charity partner at the iGB Affiliate London Awards. “We are
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
Payment providers in Sweden must provide information about the payments they process to authorities in order to help facilitate payment blocking for unlicensed operators, according to a law introduced by the government this week. According to law, authorities may block payments to operators that are found to be targeting the Swedish market without a licence.
The Digital, Media, Culture and Sport (DCMS) Select Committee has launched an inquiry into the government’s regulation of gambling, due to “warnings that more needs to be done to protect people”. The DCMS Select Committee is made up of 11 MPs – between the Conservative party, Labour Party, Scottish National Party and independents – that
Entain brand Ladbrokes has become the first operator to fall victim to the UK Advertising Standards Authority’s new rules about ads with “strong appeal” to children, as the body banned an ad featuring a number of Premier League footballers. In October, Ladbrokes posted a promoted tweet including the text, “Can these big summer signings make
