Spiffbet’s Acquisition of Scandibet and TurboVegas Operator: A Strategic Move
Spiffbet is set to acquire the brands from Manisol for a debt-free initial price of SEK30m. The acquisition includes SEK20m in cash and SEK10m in debt. There is also a…
Esports Entertainment Group Announces $2.4 Million Q2 Revenue in Thriving Esports Market
Esports Entertainment Group reported a significant increase in revenue, with a more than tenfold rise from $222,392 in the first quarter of the 2021 financial year. This growth followed the…
Complying with Legal Requirements: Finnish Consumer Authority Urges Veikkaus Revenue to Be Directed to Treasury
The Finnish gambling reform has been deemed "on the right track" by the KKV. However, the KKV suggests that there is still room for improvement regarding preventing and reducing gambling-related…
Spribe obtains new legal-compliance license in Malta
The recent acquisition of a permit allows Spribe, a gaming developer, to expand its offerings to a broader range of operators under the MGA licenses. Spribe specializes in 'Turbo Games'…
NeoPollard’s iLottery Clients Generate $2 Billion in Sales for FY20
FY20 is the twelve-month period ending 30 June, 2020 in each of the states except Michigan, which concluded the fiscal year on 30 September.The Michigan Lottery achieved a total sales…
500.com expands lottery business through acquisition of BTC.com
500.com has entered into a deal with Blockchain Alliance, under which it will issue 44,353,435 new Class A ordinary shares to acquire all the shares of Blockchain Alliance. This transaction…
Collaboration between Epic Risk Management and CSPPA to Boost Esports Gambling Education
Under the partnership, Epic will provide awareness, education, and risk management programs to members of the CSPPA.The organizations will also collaborate on research projects related to gambling awareness in the…
Delaware Online Gambling Sector Shows Ongoing Financial Improvement Following Successful January
According to the latest financial data, the three licensed premises in Delaware collectively generated an impressive sum of $738,500 in the first month of 2021. Licensed Premises Revenue Generated Premise…
Monzo CEO advocates mandatory implementation of gambling blocks in all UK banks
In a letter to Sports Minister Nigel Huddleston, Monzo chief executive TS Anil and representatives from academia and gambling charities have called for changes in the Gambling Act to address…
Kangwon Land Casino Games Suffer KRW275bn Loss in 2020 due to Prolonged Closure
Kangwon Land, the casino operator, experienced a significant loss mainly due to a sharp decline in revenue, which dropped by 68.5% year-on-year to KRW478.58bn.The costs of sales exceeded the revenue,…
