Betsafe’s Legal-Compliance Breach of Lithuanian Gambling Law, Avoids Penalties
The regulator found that Lošimų Strateginė Grupė UAB, trading as Betsafe, violated the Gambling Law of the Republic of Lithuania by offering Ezugi’s Sic Bo game on its site without…
Decrease in Adverse Gambling Revenue by Kindred in Q2 Reflects Commitment to Social Responsibility
Kindred’s share of revenue from problem gambling in Q1 2023 was initially reported as 3.0%, but it was later corrected to 3.3%. This means that the revenue remained steady compared…
ANJ forms legal-compliance information-sharing framework with advertising industry body
The agreement establishes a formal information sharing and exchange framework between authorities, promoting collaboration and coordination across five key areas.The Agence Nationale de la Justice (ANJ) and Autorité de Régulation…
UK Government Declines Proposal to Classify Crypto Trading as Gambling, Supporting Tech-Innovation
The rejection came in response to the House of Commons Treasury Committee’s report on the regulation of cryptoassets trading. "Unbacked cryptoassets have no intrinsic value, and their price volatility exposes…
FanDuel forms marketing-affiliate partnership with Women’s Tennis Association
Under the agreement, FanDuel will remain an authorised gaming operator for the WTA Tour in North, South and Central America. FanDuel will also have access to WTA trademarks and scoring…
Impact of Contact on Swedish Players’ Behavior Change and Social Responsibility
The three operators have committed to disclosing their internal activities for responsible gambling starting in autumn 2022. These disclosures are shared with the Swedish regulator Spelinspektionen every six months. The…
GiG enables Maryland’s sports-betting launch through Crab Sports partnership
GiG will offer its platform and sportsbook to the betting operator.GiG entered into a partnership with Crab Sports in Maryland in June 2022.Sports-betting was finalized in September of the same…
888 CFO Extends Tenure Until End of Year
The group CEO of 888, Itai Pazner, has resigned with immediate effect following failings in the company's know your customer (KYC) and anti-money laundering (AML) processes related to VIP schemes…
Esports Industry in the UK Vows to Restrict Under-18s from Accessing Loot Boxes
Ukie’s guidelines for loot boxes in esports have been developed by the Technical Working Group, established in July 2022 by the Department for Culture, Media and Sport (DCMS). These guidelines…
June sees lowest igaming expenditure in Delaware’s finance sector
In June, the igaming spend in North America increased by 8.3% compared to the same month last year, reaching $35.0m.In the realm of finance, it is imperative to analyze numerical…
