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ParlayBay secures additional €1.0m in funding.

Sports betting content provider ParlayBay has secured a further €1.0m (£875,292/$1.1m) in funds during a recent interim financing round. ParlayBay said it would use the money to support its commercial growth plans in 2023 – including the launch of its ParlayPowers promotional tools – and to continue to expand its network of clients around the

Swedish Q3 figures boosted by record online gambling.

Swedish gaming operators generated a 7% year-on-year rise in revenue during the third quarter, thanks to record online gambling figures. Preliminary figures from Spelinspektionen showed gaming companies licensed in Sweden brought in combined revenue of SEK 6.77bn ($656.6m/€616.1m/£537.8m) during the three months to 30 September 2022. This was an increase of 7.2% compared to the

Norway regulator pauses Kindred fines again in latest U-turn.

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)

Pennsylvania operators fined for allowing bets on unapproved sporting event.

The Pennsylvania Gaming Control Board (PGCB) has fined Mountainview Thoroughbred Racing Association and BetMGM for accepting bets on an unapproved sporting event. The sanction was confirmed after the regulator approved a consent agreement presented by the Board’s Office of Enforcement Counsel (OEC). The agreement was the result of negotiations between OEC and Mountainview Thoroughbred Racing

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