Industry News
ProgressPlay, a leading provider of iGaming platforms, is proud to celebrate a significant milestone as Arthouros Ioannidis, Head of Account Managers, marks his seventh anniversary with the company. Having held seven diverse roles within ProgressPlay, Arthouros has demonstrated exceptional dedication, versatility, and a profound impact on the company's success.
Gaming Realms has announced a renewed licensing deal with Light & Wonder for its iconic Rainbow Riches brand. The partnership, which has already seen the successful launch of Slingo Rainbow Riches, will be extended to allow for the development of another Slingo title based on the popular slot game.
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Malaysia's gaming industry is on track for a significant revival in the latter half of 2024, according to Hong Leong Investment Bank Research (HLIB Research). The research firm has maintained an "overweight" rating on the sector, citing a combination of increased tourist arrivals and favorable regulatory changes as key growth drivers.
EveryMatrix has announced its strongest-ever quarterly financial performance, with net revenue surging 57% year-on-year to €42.4 million in Q2 2024. This exceptional growth was accompanied by an all-time high profit margin of 59%, marking the fifth consecutive quarter of double-digit growth in both revenue and profit margin.
The company's EBITDA reached €25.1 million, representing a 67% year-on-year increase. This stellar performance was driven by significant customer launches, favorable sports trading margins, certification of jackpot engines, and continued expansion across its core business units of casino, sportsbook, and platform.
High 5 Games, a renowned iGaming content provider, has announced its entry into the West Virginia iGaming market through a partnership with Caesars Digital. This strategic move marks the fifth US state where the two companies have collaborated to bring High 5 Games’ popular titles to players.
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Philippine President Ferdinand Marcos Jr. has delivered a significant blow to the online gaming industry by announcing a complete ban on the establishment of new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs). The decision, effective immediately, follows growing concerns over illegal activities linked to POGOs. It was undertook some measures in the beginning of the year making the start of the regulation year crazy for the country.
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Stakelogic Live, a pioneer in live casino innovation, has announced a strategic partnership with L&L Europe. This collaboration will see the integration of Stakelogic Live's groundbreaking Chroma Key Studio technology into L&L Europe's flagship brands, All British Casino and Pub Casino.
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The UK Gambling Commission (UKGC) has implemented significant changes to its regulatory reporting requirements for licensed operators. Effective from July 1, 2024, all licensees must now submit quarterly regulatory returns within 28 days of the end of each reporting period. This shift from the previous annual reporting cycle aligns with the UKGC's goal of becoming a more data-driven and risk-focused regulator.
FeedConstruct has announced the renewal of its swiss partnership with ECL Beachtour, guaranteeing exclusive international streaming and data collection rights for the renowned beach volleyball tournament series.
Push Gaming has made a strategic move into the Spanish market, a key European territory, through exclusive partnerships with two major operators: Pokerstars and Casino Gran Madrid. This marks the first time Push Gaming has launched in a market with more than one initial partner.
The Curaçao Gaming Control Board (GCB) has reopened its online portal for applications for B2C, B2B2C, and B2B gambling licenses. This restart comes after a period of closure and aims to address a backlog of applications received before the April 30th deadline. While prioritizing the processing of these existing applications, the GCB welcomes new submissions from operators seeking Curaçao licenses.
kwiff, the online betting service, has announced a strategic partnership with Red Tiger Gaming, a leading slots provider. This collaboration aims to elevate kwiff's casino experience by adding a diverse range of high-quality games to its platform.
The Malta Gaming Authority (MGA) has issued a reminder to gambling licensees regarding outsourcing procedures.
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Denmark is revamping its regulatory landscape for casino game suppliers. The Danish Gambling Authority (DGA) has announced a new licensing system that will come into effect on January 1, 2025.
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The Philippine Amusement and Gaming Corporation (PAGCOR) has raised concerns about a potential ban on Internet Gaming Licensees (IGLs), previously known as POGOs (Philippine Offshore Gaming Operators). PAGCOR chairman and CEO Alejandro H. Tengco argues that such a move could create more problems than it solves.
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BetConstruct has introduced its revolutionary solution for the sports betting industry: Pool Masters. This innovative platform caters to operators seeking to elevate customer engagement and create a thrilling betting experience.
British bookmakers are once again stepping up for charity, pledging to donate all profits from this year's Britannia Stakes at Royal Ascot to a selection of worthy organizations. This marks the fifth consecutive year for this fundraising initiative, solidifying the commitment of the Betting and Gaming Council (BGC) and its members to supporting important causes.
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NuxGame, a leading force in betting and iGaming software, has joined forces with Worldline in a groundbreaking partnership. This collaboration aims to simplify and streamline payment solutions for online crypto casinos, marking a significant shift in the global payment landscape for operators.
The Alderney Gambling Control Commission (AGCC) has reported a significant boost in revenue for the Channel Island jurisdiction in 2023. The commission's profit reached £2.35 million, marking a £636,000 increase compared to 2022. This positive trend is attributed to a "strong rebound by the online gambling sector worldwide" following the COVID-19 pandemic.
A lucky player has struck gold on a Lithuanian gambling platform, taking home a massive €22,640 windfall while playing Wazdan's popular slot game "Mighty Wild™: Panther" on the TOPsport online betting platform.
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Australia has implemented a long-awaited ban on credit card use for online gambling platforms. This measure, actively supported by Responsible Wagering Australia (RWA) since 2021, aims to promote responsible gambling by limiting credit access for online wagers.
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The Philippine gaming industry surges in Q1 2024, with record-breaking revenue and a significant shift towards the booming Electronic Games sector. This report analyzes the growth, regulatory factors, and challenges faced by traditional and online segments
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The possibility of glitzy casino resorts gracing the Thai landscape is no longer a distant dream. The Thai government has taken a significant step forward by exploring the introduction of these integrated entertainment complexes. This move follows the National Assembly committee's report on the feasibility of casinos, which recently received cabinet approval. Currently, the Ministry of Finance is conducting a thorough 30-day study to assess the viability of implementing such a policy
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Evoke plc, a powerhouse in the world of betting and gaming, officially launches these days. Formerly known as 888 Holdings plc, the company brings together renowned brands like William Hill, 888sport, 888casino, 888poker, and Mr Green under a unified umbrella.
