News

Six men arrested in esports match-fixing investigation

Police in the Australian state of Victoria have arrested six men aged 19 to 22 in relation to an eSports match-fixing investigation. Joint-investigation lead by the detectives from the Sporting Integrity Intelligence Unit and Organised Crime Intelligence Unit began in March 2019 after a betting agency informed the unit about a …

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Bet365 launches betting website in New Jersey

British online gambling company Bet365 is now live in New Jersey, after beginning a regulator-controlled soft launch of its website ahead of the new NFL season, which kicks off on September 5. The online gambling operator said that its New Jersey website is going through a pre-live phase. The website allows US …

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Betfair named official partner of CONMEBOL

CONMEBOL, the South American soccer confederation, has signed up Betfair, the online betting firm, as the ninth sponsor of the Copa Libertadores and Copa Sudamericana, the continent’s top clubs competitions. The agreement will run until December 31, 2022. Betfair joins global brands such as Amstel, Bridgestone, Gatorade, Mastercard, Qatar Airways, …

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Four more operators fined in Sweden for offering U-18 events

Spelinspektionen, the Swedish gambling regulator, has issued fines totalling SEK20.1m (€1.835m) to four operators for offering bets on sporting events involving players under the age of 18, in breach of country’s regulations. The inspectorate continues its tough monitoring of licensed bookmaker betting markets which, during H1 2019, saw Spelinspektionen hand …

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SKS365 hit with €124m Italian tax claim

SKS365 Group, the operating company of Italian bookmaker PlanetWin365, has been charged by the Italian Financial Police of corporate tax evasion totalling €124 million. According to a statement by the Guardia di Finanza (GDF) of the Reggio Calabria region, a law enforcement body that handles financial crimes, SKS365 had failed to declare …

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Kambi, DraftKings partnership poised for eight state extension

Global sports betting provider Kambi and DraftKings, the sports-tech and media entertainment company, have completed the signing of a multi-state contract extension. Kambi and DraftKings first announced their sports betting partnership in June 2018. Under the terms of their agreement, the European provider agreed to power the operator’s sports betting operations in New …

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Following “turbulent” Q2 Global Gaming cuts payroll in half

After reporting that “the last three months have been the most turbulent and difficult” in its company history, Nordic online gambling operator Global Gaming has decided to let go of half its staff in a bid to reduce costs. The decision comes soon after the Stockholm-listed company released its financial report …

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BetIndex warned for ad featuring underage players

The UK Advertising Standards Authority (ASA) has upheld a complaint against an ad by BetIndex which featured professional footballers under the age of 25. On 20 May, BetIndex published a paid-for Facebook ad promoting the Football Index gambling app, which featured the images of many footballers including England internationals 19-year-old …

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PayPal to shut down services to German online casino players

Starting on October 21, German gamblers will no longer be able to use their PayPal accounts for online casino gambling purposes after a recent update of the payments giant’s German-language guidelines. After the government recently ordered the payment processor to stop facilitating unauthorized online casino activity, PayPal updated its German market …

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Strong July for online sports betting in Pennsylvania

Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39m and overtook retail figures for the first time. Figures published by the state’s Gaming Control Board show that online and retail sportsbooks combined to generate $59.3m in bets in July, …

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theScore gains New Jersey sports betting approval

Toronto-listed sports publisher theScore has secured initial license approval from the state’s Division of Gaming Enforcement (DGE) to offer online sports betting to players in New Jersey. The firm’s subsidiary, Score Digital Sports Ventures was given authorisation to expand into online and mobile sports betting, as it seeks to elevate its growth …

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Pragmatic Play to expand in LatAm after Codere deal

Malta-based casino games supplier Pragmatic Play has unveiled the latest strand of its global expansion strategy, after entering “a significant commercial agreement” with a Spanish gambling powerhouse Codere. Pragmatic’s slots have gone live with Codere in Mexico, including titles such as John Hunter and the Aztec Treasure, Mustang Gold, Sweet Bonanza and …

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Kindred subsidiary hit with €470,000 Dutch fine

Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has fined Stockholm-listed operator Kindred Group’ subsidiary Trannel International €470,000 for serving Dutch players without a local license. The company has already launched an appeal against it. The fine was issued under the current Dutch Gaming Act, which prevents online operators from securing a …

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FanDuel lands gaming deal with MLB

North America’s Major League Baseball has agreed to a multi-year partnership with FanDuel, the US fantasy sports company, which becomes an official gaming partner of the MLB. Through the multi-year agreement, FanDuel will gain access to official MLB data, as well as team branding and logos, for use across its …

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Gambling industry faces major financial hit in Germany

The German state of Hesse began preparations to start the process of awarding the country’s sports betting licences, with analysts warning that operators could see up to 70 per cent of revenue disappear as a result of the restrictive operating model. More than 200 company representatives attended last week informational …

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GiG maintains global plans despite difficult H1

Gaming Innovation Group (GiG) is targeting expansion across regulated and soon to be regulated markets, as Swedish troubles and a customer contract termination impacted H1 revenues. Publishing its first interim results as a Stockholm-listed enterprise, GiG records H1 2019 group revenues of €63 million, down 14 per cent on corresponding H1 …

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New Jersey sports betting to surpass Nevada again

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New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July. It’s more than four times the sum they generated in the same month last year and a significant improvement over the $9.7m that licensees earned in the previous month. However, New Jersey’s 11 licensed betting operators reported a total …

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