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Industry
February 11, 2021
GambleAware Launches Lived Experience Network and Specialist Group
UK responsible gambling charity GambleAware announced two new initiatives this month: the appointment of an external organization to co-design a nationwide network of people with lived gambling harm experience and the setting up of a specialist interest group Affected Lived Experience Research, Treatment, and Support (ALERTS). Nationwide Network of People with Lived Experience GambleAware announced […]
Industry
February 11, 2021
ASA Reports Drop in Ads Breaking Age Restrictions
ASA has published its latest three-month assessment of advertisement that has breached age-restrictions. Age-Restriction Ad Violations Decline, Says ASA Age restrictions violations in the UK are decreasing, the Advertising Standards Authority (ASA) stated in a new report shared earlier today. Advertisement across the board has been unable to reach underage individual or children at previous […]
Industry
February 11, 2021
LeoVegas Reports Revenue Up 8.9% to €387.5M in 2020
The online betting operator had a record fourth quarter that pushed comprehensive profit in 2020 by 103.2% to reach €19.3 million. LeoVegas Reports Growth Despite Pandemic and Changing Market Regulations For the 12 months ending 31 December 2020, LeoVegas posted overall revenue of €387.5 million (£340 million/$469.8 million), an 8.9% increase from €356.0 million in […]
Industry
February 10, 2021
Suspicious Reports in 2020 in Line with 2017 and 2018 Numbers
The International Betting Integrity Association (IBIA) released its 2020 Integrity Report posting a significant increase in suspicious betting behavior compared to the prior year. Suspicious Reports Increase YoY The annual report from IBIA showed a total of 270 suspicious betting alerts, 87 more compared to the 2019 number, representing a 48% increase, but almost equal […]
Industry
February 9, 2021
DSWV Called for Intervention amid Sinking Industry Revenues
Sports betting revenues in Germany were materially affected by the cancellation of sporting events and the closure of betting shops, the 2020 sports betting tax figures released by the Federal Ministry of Finance in Germany revealed. 2020 Revenue Decline YoY Total sales for the calendar year fell 16%, to €7.8 billion, compared to the record […]
Industry
February 9, 2021
Betson Achieves All-Time High Q4 Results
Betsson AB has achieved significant growth across its business portfolio last year, particularly in Q4 2020. Betsson Achieves All-Time High Q4 Results Swedish online gambling company Betsson AB has published its 2020 financial results, revealing particularly impressive Q4 figures. In fact, the company managed to end the final quarter of the year at an “all-time […]
Industry
February 8, 2021
Potential Tabcorp Takeover Faces Additional Hurdles
The potential sale of Tabcorp wagering and media business will face challenges from the ACCC and businessman Peter V’landys. ACCC Closely Monitoring Tabcorp Takeover The Australian Competition and Consumer Commission (ACCC) has announced that it is closely monitoring the mounting interest in gambling and gaming giant Tabcorp Holdings’ wagering and media arm. Last week, Tabcorp […]
Industry
February 7, 2021
FanDuel CEO Says Legal Sports Betting Might Fill Pandemic-Related Fiscal Holes
Fanduel’s stock has been on the rise in the weeks leading to Sunday’s Super Bowl and expects the contest to generate the company’s biggest sports betting handle ever. Sports Betting and iGaming Yet to Reach its Full Potential In an interview with MarketWatch, FanDuel CEO Matt King commented on the impact of the pandemic on […]
Industry
February 6, 2021
BtoBet Appoints Zoran Spasov as Permanent Managing Director
BtoBet named yesterday Zoran Spasov as its permanent Managing Director and Diman Reiderman as its new Chief Operating Officer. From Interim to Permanent Managing Director iGaming and sport betting platform developer BtoBet has announced major changes in its senior management team, with the appointment of Zoran Spasov and Dima Reiderman as Managing Director and Chief […]
Industry
February 6, 2021
Poland: Grey Zone Operations Threaten Licensed Gambling Market
Poland’s sports betting market has been affected by illegal operations, the 2020 market report released by the country’s sports betting trade association GRAJ Legalnie outlined. One Third Siphoned by Offshore Operators The report tracking activities of the legal sports betting businesses identified “grey zone” operators managed to cut off a slice of the licensed market […]