Svenska Spel Q1 Revenue Sees Increase Despite New Responsible Gambling Measures
Svenska Spel reported that the company's land-based Casino Cosmopol and Vegas slot offerings were negatively affected by a "deteriorating financial situation" in Q1, related to tightened consumer budgets and strengthened…
Yahoo strengthens strategic position and diversifies portfolio with acquisition of leading sports betting app, Wagr
Yahoo has acquired Wagr and will fully integrate it into Yahoo Sports. The terms of the deal were not disclosed. Wagr has received high-level investments from Seven Seven Six, Kraft…
Projected Revenue of Gambling.com to Reach $26.9 Million in Q1 2023
According to Charles Gillespie, CEO and co-founder of Gambling.com, the preliminary results for the first quarter of 2023 have surpassed expectations in the finance sector. This positive performance can be…
Kindred’s Social-Responsibility Efforts Result in Significant Decrease in Harmful Gambling Revenue Share during Q1
In Q1, Kindred reported that 3.0% of their revenue came from harmful gambling, which is a decrease from 3.3% in the same period last year, as well as a decline…
Mitev appointed as CEO of 7777 Gaming: New Leader Takes Charge
In his new role, Mitko Mitev will lead a team of over 100 igaming, tech and commercial professionals at 7777 Gaming. With over 14 years of experience in the online…
NFL imposes suspensions on five players for sports-betting infringements
Detroit Lions receivers Jameson Williams, Quintez Cephus, Stanley Berryhill and safety CJ Moore were all suspended from the team.This suspension can have a significant impact on the Lions' performance in…
Gamstop Achieves Record in Promoting Social Responsibility through Monthly Self-Exclusion
In March of this year, Gamstop experienced a significant increase in registrations, with a monthly record figure that was 24% higher compared to March of the previous year.Gamstop attributed this…
Investigation of Finnish Gambling Operator’s Marketing Practices by Police Raises Concerns for Marketing-Affiliate Partners
According to an investigation by the National Police Board, an undisclosed operator conducted Finnish-language marketing through multiple channels. This included sending text messages to consumers in mainland Finland, including minors…
Increase in March’s DC Sports Betting Handle and Revenue
In the sports-betting industry, the total amount spent by consumers for the month reached a significant $18.1 million.In sports-betting, the amount for April 2022 reached $18.1 million, which showed an…
Legal compliance breach: Man sentenced for participation in Bet365 bonus abuse conspiracy
Basildon Crown Court convicted Howard after a four-week trial for charges including conspiracy to commit fraud against the bank Santander. He was found guilty but not charged with money laundering.…
