Posts From: March 2018

GAN reports annual loss of £4.2m

Game Account Network has reported a pre-tax loss of £4.2m for 2017. The company, which supplies software to online gaming companies, saw net revenues rise by more than £1.2m during...

Business News
Twitter to ban cryptocurrency ads

Twitter will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses. The prohibition...

Business News
OPAP Q4 profit plunges

Greece-based OPAP has posted a 69 percent drop in fourth-quarter net profit, hurt by costs related to its video lottery business. OPAP, Europe’s fifth-biggest betting firm by revenue, said net...

Business News
The Stars Group Announce April launch of pokerstars.in

Sugal & Damani Group and The Stars Group Inc, today announced that PokerStars.IN will be available to customers across a majority of Indian states beginning on April 17. Sachiko Gaming...

Business News
Federal Court rules social casino Big Fish constitutes illegal online gaming

A federal appeals court ruled Wednesday that Big Fish Games’ Big Fish Casino constitutes illegal online gambling, according to Washington state law, in a case that could have major implications...

Business News
GVC completes Ladbrokes Coral takeover

Ladbrokes Coral Group PLC and GVC Holdings PLC said on Wednesday the scheme of arrangement has become effective, and Ladbrokes shares will be cancelled effective from the start of trade...

Business News
Richard Flint’s response to the financial penalty

Responding to this morning’s Gambling Commission announcement, Richard Flint, Chief Executive of Sky Betting & Gaming, said: “We have always taken responsible gambling and player protection very seriously but this incident...

Business News
Sky Bet fined £1m by Gambling Commission

Sky Bet has been fined £1m for failing to protect vulnerable customers, the Gambling Commission has said. It did not prevent problem gamblers who had self-excluded from its websites from...

Business News
Neds launches ICO

Neds International is leading the way with a modern capital-raising initiative; the upcoming ICO of cryptocurrency nedscoin. Nedscoin is an Ethereum ERC20 token solution developed for use within the Neds International sportsbook ecosystem. The major difference between nedscoin and several other,...

Business News
Kindred Founding Member of All-in Diversity Project

Kindred Group joins forces with the All-in Diversity Project as part of the company’s sustainability work and ambition to transform gambling. The project is an industry driven initiative to benchmark...

Business News