Aspire Global Group has announced that the firm has reached a retrospective €13.7m settlement with the Israeli Tax Authority (ITA). The igaming services provider said in a statement that it has agreed to pay a total of €13.7m for the 11 fiscal years 2008-18. The payment to the ITA relates …
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The Cyprus-based online bookmaker 1xBet has secured a National Licence to operate in Nigeria from the local National Lottery Regulatory Commission. The licence, which expires in 2025, strengthens the African presence for the company, a long-term supporter of Nigerian football and an official sponsor of the Confédération Africaine de Football …
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Gambling operator Codere is moving ahead with its strategy to expand in the emerging gaming and gambling markets in Latin America. A filing placed with Spain’s CNMV capital markets commission has revealed that Madrid-based gambling group has managed to get two corporate credit lines which would get the company funds …
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Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Turkey. Customers will be now able to transfer money to any bank account or card issued in Turkey. “Launching our Global Transfers service in Turkey is another step in the right direction for …
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UK gambling operators have been warned by the United Kingdom Gambling Commission (UKGC) over Anti-Money Laundering (AML) regulations. UKGC has sent a holiday message reminding licensees about European Union’s 5th AML Directive is set to take effect on January 10, 2020. This date will also see the UKGC publish the …
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Gateway Casinos & Entertainment Limited, known to be one of Canada’s largest operators of land-based casinos, has agreed to merge with special purpose acquisition company Leisure Acquisition Group in a deal valued at $1.115 billion (approx. $0.993 billion). Gateway, which owns 25 properties in British Columbia and Ontario, including the …
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Online casino brand 888casino has added titles from Skywind Group to boost its offering with more than 280 slots titles, jackpots, and arcade games by the Isle of Man-based supplier. 888casino and its customers now have access to Skywind’s hit titles Boomerang Edge, Rambo, Star Trek: The Next Generation, CSI: …
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Japanese prosecutors have arrested a ruling-party lawmaker previously in charge of casino policy on suspicion he accepted bribes from a Chinese company seeking to build a casino. Liberal Democratic Party politician Tsukasa Akimoto arrest is yet another blow to already unpopular plans to open the country to the gaming industry. …
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Royalbet has become the latest igaming brand to launch an online Casino in regulated markets around the world, powered by platform services provider SkillOnNet. The new online casino offers over 3,000 slots and casino games from providers such as Big Time Gaming, Play’n GO, NetEnt, and Microgaming. Royalbet has initially …
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Shares of Kambi Group PLC lost 30 percent on Monday’s news that DraftKings planned to acquire SBTech. Investors fear the acquisition could threaten the current multi-state partnership between Kambi and DraftKings. As a result, Kambi has made the move to halt trading in its shares. The company also issued a …
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Dirección General de Ordenación del Juego (DGOJ), the Spain gambling regulator, has decided to consider problem gambling as a mental disorder. The new measures are included in 2019-20 Responsible Gaming Program, which was recently approved by members of the Responsible Gaming Advisory Council (CAJR). They will be rolled out over …
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BETDAQ, the global betting exchange owned by GVC Holdings, has introduced 0% commission on the majority of sports on its platform. The change was preluded by several trial periods, including offering 0 per cent commission on the final three tennis Grand Slams of the year. During the Wimbledon tournament, the …
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Hong Kong-listed lottery provider AGTech Holdings has secured two new contracts to provide sports lottery terminals in the Chinese provinces of Zhejiang and Henan. The contracts to supply lottery terminals to the Sports Lottery Administration Centers of both provinces were won by the company’s wholly-owned subsidiary Beijing AGTech GOT Technology …
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Scientific Games (SG) announced the California State Lottery has signed a three-year contract extension for Scientific Games to continue as the Lottery’s primary provider of instant games and associated services through November 2022, with optional extensions remaining through 2025. Under the terms of the extension, the company is to continue …
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Michigan wasn’t able to enjoy the sports betting and online casino till now but that might change. The bill legalizing sports betting and online gambling will likely receive the Michigan legislature support and it could be in place as soon as the end of the week. The bill would allow …
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Finland’s gambling monopoly Veikkaus has gone live with the entire online casino games library of major creator and supplier of content for the iGaming industry Yggdrasil. The operator, which is owned by the Finnish government, is the only regulated gambling operator in the country and has more than two million …
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Online gaming platform provider and gaming group Finnplay has been awarded an Online Casino Licence in Denmark by Spillemyndigheden, the Danish Gambling Authority. Finnplay’s licence from the Danish regulator continues a recent successful streak of new licences and licence extensions for the company, which specializes in the provision of solutions …
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Gambling is one of the biggest and most lucrative industries in the world. Just online gambling, which is just half of what this industry can offer, is currently worth almost $50 billion worldwide. This goes to show just how big this entertainment sector really is. However, even though the majority …
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Pan-European lottery and sports betting operator SAZKA Group has reached an agreement to acquire Novomatic’s stake in Casinos Austria AG (CASAG). Confirming the agreement to sell its 17.19 per cent stake, Novomatic states on its website that a binding agreement has been reached with the Czech gambling firm which is …
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Online gambling and betting operator Betsson has acquired a 75 per cent stake in Suaposta Racing, securing an early foothold in Brazil ahead of an anticipated regulated market opening. Betsson has become the single largest stakeholder in the race betting operator. However, Suaposta’s founders Andre Gelfi and Fernando Correa will …
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