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Evolution subsidiary Evolution Malta Holding Limited has announced an agreement to acquire Galaxy Gaming, Inc. for an equity value of about $85 million, payable in cash. This acquisition is set to significantly bolster Evolution’s presence in the US market, furthering its goal to be the premier provider of casino games worldwide. Strategic Integration and Market
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Following the conclusion of Euro 2024, the French Online Gaming Association (AFJEL) released initial market figures that revealed a disappointing performance for licensed online sports betting operators. Despite expectations, the legal market stagnated, showing no growth compared to Euro 2021 and a substantial 25% decline from the 2022 World Cup figures. Notably, the stakes fell
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On July 12, 2024, the Brazilian Ministry of Finance’s Secretariat of Prizes and Betting issued Ordinance No. 1,143, setting new regulations for fixed-odds betting operators to prevent money laundering, terrorism financing, and the proliferation of weapons of mass destruction (AML/FTP). These rules mandate that all betting operators in Brazil must implement stringent internal controls and
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In a decisive move to curb illegal online gambling activities, Ukraine’s gambling regulatory body has implemented stringent measures by blocking access to several websites that were operating without proper licenses. This action reflects the regulator’s ongoing commitment to enforce gambling laws and ensure a safe and regulated environment for gamers. Enforcement Action and Regulatory Compliance
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Denmark’s gambling regulatory framework has undergone significant updates to enhance oversight and maintain the integrity of the gambling industry. The Danish Gambling Authority (DGA) has introduced new measures to combat illegal marketing practices, overhauled the certification program for betting and online casinos, and tightened regulations concerning high-risk jurisdictions. These initiatives reflect Denmark’s commitment to promoting
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The Philippines gaming industry has reported impressive revenue growth for the first half of 2024, with a 19.2% increase year-on-year, reaching Php194.7 billion (US$3.34 billion). This surge has been largely driven by the rapid expansion of the online gaming sector, which includes E-Games, E-Bingo, and other bingo grantees. According to the Philippine Amusement and Gaming
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The Curaçao Gaming Control Board (GCB) has announced the reopening of its online portal for B2C and B2B license applications on July 15, 2024. This decision follows the closure of the previous application window on April 30, which was extended from March 31 to resolve application issues. Prioritization and New Applications While the GCB is
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Singapore is set to implement significant changes to its casino regulations aimed at strengthening anti-money laundering (AML) and combatting the financing of terrorism (CFT) measures. The updates include lowering the threshold for customer due diligence checks and introducing new scrutiny for weapons finance. These measures will ensure that Singapore’s casino sector aligns with international standards
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Artificial intelligence (AI) is revolutionizing online betting and casino security. This cutting-edge technology is providing new ways to ensure fair play and secure transactions. Discover how AI is changing the landscape for both players and operators alike. In recent years, AI has made significant strides in various industries, including online betting and casino security. You
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International Game Technology PLC announced today that its subsidiary, IGT Global Solutions Corporation, has secured a five-year contract with Organización Nacional de Ciegos Espanoles (ONCE) to produce exciting instant ticket games for lottery enthusiasts in Spain. This contract, effective through 2029, will see IGT printing a portion of ONCE’s new instant tickets, aiming to enhance
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Italy is progressing with its ‘reorganisation of gambling’, as the Customs and Monopolies Agency (ADM) enters the final stages of implementing a new framework for online gambling concessions. Last Friday, the ADM submitted the documentation for this framework to the Treasury. The Treasury and the Council of State will provide binding opinions on these proposals.
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Slotegrator has announced the addition of Capecod Gaming to its expanding network of partners. Through the APIgrator solution, operators can now integrate thousands of games from various developers, including the high-quality titles offered by Capecod Gaming. Capecod Gaming’s Expertise and Innovative Solutions Based in Italy, Capecod Gaming is renowned for its exceptional game titles and
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The Central Bank of Uruguay (BCU) has recently expanded its regulatory framework to encompass all online gaming and betting platforms to curb unauthorized transactions. This new regulation specifically targets Payment and Collection Service Providers. This category includes popular providers such as Abitab and RedPagos, as well as the entire network of international transactions related to
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A recent survey by GambleAware reveals significant public support for stricter regulations on gambling advertising in the UK. The survey, conducted in collaboration with Ipsos, included responses from 4,207 adults and highlighted the increasing concern over the prevalence and impact of gambling advertisements. Demand for Increased Regulation The survey, published on June 27, indicates that
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