Malta regulator unveils advanced tool for detecting suspicious betting activities
The Suspicious Betting Reporting Mechanism (SBRM) is now available to all Malta-licensed operators offering sports betting. The Malta Gaming Authority (MGA) originally planned to implement the requirement for operators to…
Bulgarian tennis professional receives lifetime ban for match-fixing, highlighting social responsibility in sports
The Tennis Integrity Unit (TIU) has recently uncovered evidence of match-fixing involving professional tennis player Naydenova. Naydenova, who held a highest ITF singles ranking of 89 and Women’s Tennis Association…
Betegy receives significant financial backing from influential finance company JKR
Betegy chief executive Alex Kornilov discussed the growth of the business in the finance industry. In the past eight years, Betegy has formed partnerships with operators such as Tipico and…
Multichoice strengthens its position in sports-betting with 20% stake acquisition in BetKing
Multichoice will invest $81.0m to acquire a stake in BetKing, a sports-betting business. BetKing operates in Nigeria, Kenya, and Ethiopia.As part of the agreement, BetKing has been accounted for as…
Promoting Social Responsibility: Colombian National Committee on Match-fixing Advocates for Integrity Legislation
The committee, consisting of national gaming associations Fecoljuegos and Asojuegos, online gaming operators, and Dimayor, the organization behind the country's professional football leagues and tournaments, is committed to upholding the…
Evolution Gaming secures 90% shareholder approval for NetEnt acquisition
Evolution tabled a bid of SEK79.93 per share in June to acquire NetEnt, valuing the company at SEK19.6bn. The acquisition supports Evolution's expansion efforts in the UK.The offer was conditional…
Increase in Revenue for Swedish Casino Games in Q3 despite Deposit Cap
Online casino and sports betting revenue increased by 2.1% quarter-on-quarter and 5.8% year-on-year, reaching SEK3.69bn. Despite the introduction of a SEK5000 deposit cap on online casino games, the revenue growth…
Impact of Swedish Suspension on 500.com’s Q3 Performance in Casino Games
Revenue for the three months ending on September 30 declined to RMB6.1m (£700,398/€788,051/$936,307). The Swedish-facing online lottery betting and casino operations from the subsidiary, The Multi Group (TMG), contributed RMB3.3m…
NeoGames Raises $81.7 Million in IPO, Revolutionizing the Lottery Industry
The initial public offering of NeoGames on the Nasdaq Global Market today (19 November) is a significant event in the lottery industry. This move showcases the company's growth and financial…
Acroud Expands Marketing-Affiliate Portfolio with Acquisition of Emerging-Market Sports Betting
Acroud, a rapidly growing lead generation company in sports betting, has acquired an unnamed business that is well positioned for emerging markets such as Latin America, Africa, and Asia. This…
