Posts From: July 2018

South Africa Plans to implement new gambling restrictions

The National Gambling Amendment Bill was officially drafted on Friday 20 July by Minister of Trade and Industry, Rob Davies. The Amendment Bill proposes several changes to South Africa’s main gambling legislation including...

Business News
IG sees lower FY 2019 revenue on regulatory woes

Online financial trading company IG Group lowered its revenue forecast for 2019 and said a regulatory clampdown on spread-betting will make some of its products less attractive. The company, which...

Business News
Sky Sports Racing lands US Triple Crown

Following the signing of a new, long-term deal with NBCUniversal, Sky Sports Racing announced today that it will hold the exclusive broadcast rights to the Kentucky Derby, which will air...

Business News
NCAA Studying Long-Term Impact of Legal Sports Betting

The National Collegiate Athletic Association said Thursday it is looking at the impact of the legalization of sports betting on college sports, creating a team of experts who will determine...

Business News
Australia launch fresh attack on illegal offshore operators

Any person subject to the Australian rules of racing who is suspected of placing a bet with an illegal operator can now have his or her phone and computer seized...

Business News
LuckyCasino sold to Glitnor Group

Fortuity Holdings, the parent company of Viral Interactive the operator of LuckyCasino confirmed that it agreed to sell the assets of the brand to Glitnor Group. The Glitnor Group is backed by...

Business News
Inspired launches virtual football matchday™ content with Sisal

Inspired Entertainment has announced the launch of new Virtual Sports content with SISAL in Italy. Inspired Virtual Football Matchday™ is now live and featured on a dedicated channel across 480...

Business News
Gamenet acquires rival Goldbet

Gamenet Group has announced that the subsidiary Gamenet has signed a binding contract for the acquisition of 100% of the capital of GoldBet, a company authorized to collect games and...

Business News
Svenska Spel online revenues up 20%

Svenska Spel’s second quarter is characterized by continued high growth in the mobile phone, increased sports offer, turnover beyond expectations in connection with the World Cup, and preparations for a...

Business News
GambleAware to raise spending to £32m

GambleAware will spend £32m tackling gambling-related harms over the next two years. Details are revealed in the charity’s new Strategic Delivery Plan for 2018-20 and include significantly increased investment across...

Business News