Posts From: January 2020

UKGC issues source of funds warning to operators

Operators are being reminded of the importance of being able to prove to the Gambling Commission legitimate source of funds when acquiring or investing in gambling businesses. MaxEnt Limited (MaxEnt)...

Business News
EGT Interactive shines bright at ICE London with a couple of crucial novelties

This year, on stand S4-350, EGT Interactive will brighten ICE London with its presence revealing its brand-new visual concept based on the Egyptian theme. The main focus at the event...

Business News
Denise Coates named UK top taxpayer

The founder and joint chief executive of Bet365, Denise Coates, had a tax liability of £276 million last year, making her the country’s largest taxpayer last year. Coates and family...

Business News
Nektan doubles turnover amid company restructure

Nektan has said its first half revenue of business-to-business division more than doubled on the previous year following a company restructure. Nektan recently sold its loss-making UK B2C company, allowing...

Business News
EGBA Welcomes ‘Progress made’ On Germany’s Gambling Regulations

The European Gaming and Betting Association welcomes progress on Germany’s new draft state treaty for gambling regulation, which was provisionally agreed this past week by Germany’s regional state authorities. The...

Business News
Interwetten reports another record year

Online sports betting pioneer Interwetten announces a new record for the 2019 financial year. It was by far the best result in the company’s 30-year history. What is particularly remarkable about...

Business News
Betinvest will present its new online slot games at ICE London 2020

Betinvest is going to London to take part in one of the gaming industry’s most anticipated events – ICE London by Clarion Events on 4–6 February.  The company will be...

Business News
All Party Parliamentary Group Sets Out its Work Programme for the Year

The Gambling Related Harm All Party Parliamentary Group (GRH APPG) met this week to re-elect its officers and set out their work programme for the year. The Group, which has...

Business News
thescore reports $4.1 million loss in first quarter

Score Media and Gaming announced the financial results for the three months ended November 30, 2019. Total revenue for the three months ended November 30, 2019 was $9.2 million compared...

Business News
Patagonia Entertainment rebrands as Salsa Technology

iGaming technology provider, Patagonia Entertainment, is rebranding as Salsa Technology to set the platform for its next stage of expansion.Over the past seven years the company has grown to become...

Business News