Category Archives: Betting

UK licence holder NetBet Enterprises Ltd has paid £650,000 to the UK Gambling Commission (UKGC) after an investigation into anti-money laundering (AML) failures. A statement from the regulator stated that the company, operator of online gambling provider NetBet UK, agreed to a settlement with the Commission after an investigation revealed social responsibility breaches as well …

Kambi Group Plc remains confident that new sportsbook partnerships will help offset financial headwinds caused by contract changes and market exits affecting its operator network. Q3 2025 accounts saw Kambi report revenues of €37.4m, marking a 13% year-on-year decline compared to €43m in Q3 2024. This contributed to a corresponding drop in profit of 72% …

Entain’s Sportingbet brand is pushing for reforms in South Africa, calling out what it believes are inefficiencies in the system. Tyrone Dobbin, Co-Founder of Sportingbet South Africa, wrote an open letter to all gambling authorities in the nation, raising some concerns about how they currently operate and proposing an improved roadmap for future consideration. According …

Argentina is introducing new federal legislation on gambling advertising, setting out rules designed to protect young audiences and vulnerable consumers. Following months of debate in the Chamber of Deputies, the Ministry of Economy confirmed through the Official Gazette that the first stage of the framework has been approved. The new rules define how gambling and …

Whilst Genius Sports finished on a strong footing in Q3, it did not go without some financial drawbacks to deal with by the end of the year. Total group revenue landed at $166.3m for the three months ending September, which was 38% over the $121m gained for the same period last year. Of that total, …

 Brightstar Lottery (formerly IGT Plc) has announced that it is close to completing its cash reward of $1bn to shareholders in 2025. The cash reward is carried-out as the pledge of Brightstar completing its sale of IGT Digital and Gaming assets, which were merged with Everi Holdings in a $6bn deal executed by Apollo Global. The …

A preliminary date has been set for the trial of Kenny Alexander, ex-CEO of GVC Holdings, and former associates who stand against charges of fraud, bribery, and perverting the course of justice. Alexander has been scheduled to appear alongside Lee Feldman, the former Chairman of GVC Holdings, and five other defendants at London’s Southwark Crown Court …

‘Should five percent appear too small, be careful I don’t take it all’, sang George Harrison, in The Beatles’ 1966 opener to Revolver, ‘Taxman’. Well, five percent would be a dream for the UK gambling sector which is bracing itself for taxes of up to 50% in Rachel Reeves’ budget on November 26.  It has …

Though the industry shows signs of fatigue, Gustaf Hoffstedt, Secretary-General of BOS, tells SBC that the toughest battle of the decade’s close will be reframing how gambling policy is understood and discussed. “It can come down to changing one opinion at a time,” says Gustaf Hoffstedt, Secretary-General of BOS, Sweden’s Online-Gambling Trade Association. Few in …