Posts From: June 2020

OPAP sees first-quarter revenue hit from COVID 19

OPAP has reported a 38% drop in first-quarter profit on Wednesday due to the closure of outlets during the coronavirus lockdown in Greece and Cyprus. Net profit in the January...

Business News
UKGC clarifies scope of credit card gambling ban

The UK Gambling Commission’s recent ban on credit cards extends to payments for gambling made by credit card through any money service business (MSB).  The new licence condition 6.1.2 prevents gambling operators...

Payments
Latvian gambling market reopens

Yesterday, the President of Latvia signed the new law “On Management of Consequences Caused by the Spread of Covid-19” which repeals the suspension of all gaming licenses in the country....

Business News
Major League Soccer announces return on July 8

Major League Soccer will make its return with an all-league tournament in Orlando beginning in July, the league announced Wednesday morning. The tournament, called “MLS is Back,” will include all...

Sports Betting
Bethard sees Swedish penalty reduced

The Swedish gaming regulator Spelinspektionen has decided that the complaint awarded by the Administrative Court in Linköping to Bethard Group must be combined with a penalty fee of SEK 400,000....

Business News
XLMedia offloads Finnish casino assets

XLMedia has instructed Akur Capital to commence a process for the sale of the majority of its Finnish-facing Casino assets, along with certain other publishing sites. This proposed disposal is...

Business News
Sky Racing World Launches Australian Greyhound Simulcasting in US

Sky Racing World, the Louisville, Kentucky-based distributor of international racing content and subsidiary of Australian wagering operator Tabcorp, has announced the imminent introduction of an Australian Greyhound Racing simulcast in...

Business News
GiG to power Alpha Affiliates B2C casino brand

GiG has signed a long-term agreement with GS Technologies Limited for the provision of GiG’s platform and frontend development to a new casino brand with its own license from Maltese...

Business News
Betsson Group to appeal Swedish £1.7m fine

Betsson Nordic the operational subsidiary of Betsson AB which operates the Betsson brand in Sweden, has been issued a warning and a sanction fee of SEK 20 million ( £1.7m...

Regulation
OMEGA Systems adds Premium Slot Provider Endorphina

OMEGA Systems continues to add to its already impressive list of integrations with the support of exciting and innovative slot provider, Endorphina. This will allow any of OMEGA Systems’ customers...

Games