DOCV dismisses GGL black market data, cautioning delay in review of German gambling regulations for legal compliance
Germany's regulated gambling market has recently undergone significant updates, as detailed by the Glücksspielbehörde (GGL). The GGL has provided a comprehensive overview of the current landscape, highlighting the challenges posed…
Denmark strengthens legal compliance in marketing through industry collaboration
Spilreklamenævnet, an authoritative body in the realm of gaming advertising, has been instituted with the primary aim of ensuring that advertisements relating to gambling and gaming adhere to ethical and…
Brazilian betting license applicants must adhere to anti-money laundering regulations
The Ministry of Finance in Brazil has introduced an ordinance detailing operators' obligations regarding anti-money laundering (AML) compliance. This initiative is aimed at enhanced regulatory oversight and establishing a robust…
Waterhouse VC transforms investment strategy to adapt to current market trends
As we approach the five-year anniversary of initiating our fund on 19 August 2019, we are thrilled to report exceptional performance metrics that have benefited our investors significantly over the…
Philippines gaming revenue increases by 19.2% in first half of the year, driven by online sector growth
The Philippine Amusement and Gaming Corporation (Pagcor) has revealed a decline in gaming revenue for the first half of the year, which is being attributed to the new regulations and…
MeridianBet expands operations into LatAm and Africa, boosting Golden Matrix in Q2
Golden Matrix Group is poised to release its highly anticipated Q2 financial results in mid-August. The company has already shared some promising preliminary figures, largely attributed to the recent $300…
Betfred sees 100% increase in online revenue thanks to LottoStar partnership
LottoStar, acquired in 2022 for an impressive £184 million, significantly enhanced its financial results in the 2023 fiscal year. The recently integrated company generated a notable £134 million in revenue,…
Private equity firm Apax Partners offloads remaining stake in Genius Sports
Genius has announced that Apax Partners has completely monetized its equity interest in the company. As a result, Apax no longer retains any shares in the data, technology, and broadcast…
Michigan Gaming Control Board defends efforts to protect citizens and crack down on illegal gambling activities
DETROIT, July 16, 2024 — The Michigan Gaming Control Board (MGCB) has strongly refuted recent assertions questioning the legitimacy of its concerted efforts to shield citizens from the rise of…
Michigan Gaming Control Board expands regulatory team and allocates $6M to combat compulsive gambling
DETROIT, June 27, 2024 — In a significant development on Thursday, June 27, the Michigan Legislature approved the state’s Fiscal Year 2025 budget. This budget includes a crucial allocation of…