Posts From: October 2018

Austrian Gambler wins US $2.9 million compensation

An Austrian court has ordered Novamatic to pay 2.5 million euros (US$2.87million) to a gambler the court found was under the influence of addiction, in a judgment made public on...

Business News
Webis warns of margin hit from US wagering refund

Webis Holdings PLC has fallen out with a customer, the company warned its margins would be hurt by it refunding $10m to a syndicate following a commercial dispute. Webis said the...

Business News
New Jersey Division of Gaming Enforcement warn offshore operators

The New Jersey Division of Gaming Enforcement is taking action against online gambling sites in the state that are operating illegally. New Jersey is one of only a handful of...

Business News
BetConstruct has enabled Poker vertical under its MGA licence

BetConstruct has continued to sweep up accreditation from the Malta Gaming Authority (MGA) after securing approval to add poker to its set of licensed products. The developer and provider of...

Business News
PowerPlay.com releases online sports betting & casino platform

Today sees the official launch of Caribbean-based online gaming site PowerPlay.com. The new gaming brand is launching their offering to Caribbean and Central American players. PowerPlay strongly believes that the Caribbean and Central...

Business News
Rank shares tumble after revenue drop

Rank Group reported a 4.9 percent year-on-year decline in comparable group revenue for the 16 weeks to mid-October, hit by a drop in sales and traffic at its casinos and...

Business News
GVC Holdings Q3 Total Group NGR Rises 14%

GVC Holdings said Thursday that its online NGR rose 28 percent in the third quarter, driven by strong growth across all major territories and helped by a good end to...

Business News
Crisis in the New Zealand Racing industry

Winston Peters, Deputy Prime Minister and Minister of Racing, recently presented the Messara Report, to the New Zealand Racing Industry(NZRB). The report made 17 recommendations. Many of these recommendations are...

Business News
Responsible gambling and collaboration at Sustainable Gambling Conference

On Tuesday, Kindred Group arranged the “Sustainable Gambling Conference” in Stockholm, gathering over 200 guests from around Europe. Experts from regulatory agencies, researchers, operators and therapists discussed issues that are...

Business News
Spanish government calls for ban on gambling ads

Spain’s current minority PSOE government headed by Prime Minister Pedro Sanchez struck a budget deal with rival party Unidos Podemos which could have significant impact on online gambling advertising. Stipulated...

Business News