On April 27, 2023, the Gambling Act Review white paper was published in the UK, and everyone hoped it would be greatly helpful when it comes to gambling regulation. However, here’s what happened after one year. Changes in the law The GB Gambling Commission discussed online and land-based casinos, as well as horse racing. The consultations about the Commission’s proposals began in July, and its main focus was promoting sustainable and safe gambling, as well as conducting affordability checks. The discussion about the relationship between operators and players was one of the main topics. Ac ..read more

Industry giant Innovative Technology (ITL) happily announced that the company will participate at Feria Internacional del Juego (FIJMA). FIJMA is the biggest network of industry professionals in Spain, and the event that celebrates its 40th anniversary will be held from May 7 to May 9 in Madrid. Demonstration at Feria Internacinal del Juego Of all the leisure and gaming events in Spain, this one is by far the most important. FIJMA hosts various companies, industry experts, and manufacturers who provide information about the most recent trends, new slot games, and innovations in equipment. For ..read more

La Francaise des Jeux (FDJ), the well-known French sports betting, lottery and iGaming operator, has announced its financial results for the first quarter of 2024 and the numbers show a significant increase in revenue. The company’s revenue in the first quarter amounted to 710 million euros, representing an increase of 7.2 percent compared to the same quarter of 2023. Moreover, the company’s gaming revenue went up by 3.1 percent compared to the first quarter of 2023 to a total of 645 million euros. The French operator was particularly pleased with the performance of its online games segme ..read more

The Alcohol and Gaming Commission of Ontario, the government body in charge of regulating sports betting and gambling in Canada’s most populous province, has ordered all licensed operators in the region to stop offering bets on events organized by the World Boxing Association (WBA). The measure was due to concerns over the integrity of those events after the Alcohol and Gaming Commission of Ontario ruled that boxing matches organized by the WBA do not have adequate safeguards in place when it comes to preventing match fixing and insider betting. This all started after the regulator conduc ..read more

Altenar continues to launch customized solutions for sports betting platforms to maintain its leading position in the iGaming and sports betting market. The latest development of three sport betting features offering a range of bet-specific options provides a comprehensive solution for sports betting operators to expand their offerings and take player experience at another level. Enhanced Sports Betting Options Indeed, the Bet Boost, Betting Insights, and Bet Mentor features are set to become an integral component of iGaming platform’s user interface through an enhanced monitoring and cross-sa ..read more

In its recent trading news, the Rank Group has highlighted a significant 6% year-on-year increase in income for the third quarter, reaching an impressive £182.3 million. This growth trajectory shows the company’s solid performance across its digital and land-based gaming sectors. Land-Based Revenue Overview The Grosvenor venues continue to lead in terms of revenue generation for the Rank Group. Despite showing a modest growth rate of 3% in Q3, these venues remain a cornerstone of the company’s revenue stream. The increase in visitor numbers by ..read more

Brazil, one of the largest regulated iGaming markets in the world, has set new rules which ban the use of credit cards and crypto currencies for payments related to gambling and sports betting. The new rules were published by the Regulatory Policy of the Prizes and Betting Secretariat and the Ministry of Finance on 18 April in the national Official Diary of the Union, in the form of Normative Ordinance Number 615. This new set of rules represents the beginning of the first stage of a four-part regulatory campaign that was presented last week by the country’s Ministry of Finance. This campaign ..read more

Softswiss continues to acquire big industry names all over the world, and the most recent is purchasing stakes in Ously Games GmbH from Germany, following the acquisition of Turfsport in January 2024. Acquisition of the biggest social casino in Europe The company is best known for its popular social casino SpinArena.net, which is the largest social casino in the whole of Europe, and now Softswiss has a significant stake in it. On the other hand, Ously Games will get a chance to try some of the most advanced technologies and modern solutions developed by Softswiss. Social casinos recorded rapid ..read more

Italy changes the gambling law when it comes to licenses. Since the Reorganization of Gambling legislation was published, the operators weren’t satisfied, so a new framework came as an amendment to the ongoing regulations. Resolve the operations issues The main mission of this framework is to resolve legal disputes between the ADM (Italy’s Customs and Monopolies Agency) and operators, who can’t come to an agreement about the terms of license renewal. Among the issues was the fact that ADM wanted to terminate all licenses that were to expire in 2023 or 2024, and the government had to intervene ..read more

Spillemyndigheden, the regulator of the gambling market in Denmark, has announced that in the month of February 2024 the industry recorded an 18.3 percent increase in gambling spend compared to the same month last year. Moreover, all sectors of the industry registered such increases: sports betting, online casinos, gaming machines and land-based casinos. The total gambling spend registered in February 2024 amounted to 587 million Danish Krone or around 83.6 million U.S. dollars. The most impressive revenue increases were registered by sports betting and online casinos. According to Spillemyndi ..read more