Category Archives: Betting

Former MGA CTO charged with money laundering and bribery

The Malta Gaming Authority (MGA) has confirmed that its former Chief Technology Officer (CTO) Jason Farrugia and his wife Christine Farrugia have been charged with a range of financial crimes.  These include money laundering, accepting bribes, fraud and trading in influence by abusing his leadership position as CTO of the MGA, according to The Times of …

Allwyn completes group-wide rebrand and identity change

Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business.  Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech …

XLMedia recruits ‘transformation pro’ David King as CEO 

The board of XLMedia Plc has confirmed the appointment of David King as inbound Chief Executive of the London AIM-listed global igaming media publisher.  Effective from 1 July 2022, the appointment will see King succeed Stuart Simms, who announced his resignation as CEO of XLMedia in April. A UK media figurehead, King is the former …

Betsson continues LatAm growth strategy with AC Milan

Betsson has partnered with AC Milan to become the club’s official regional partner in line with the online gambling company’s focus on expansion in LatAm. The move continues the operator’s growth strategy as over the past couple of years it has been solidifying a presence in several markets, such as Brazil, Argentina, Colombia, Mexico, and …

888 safer gambling Control Centre rolled out in Italy

888 has announced an expansion of its safer gambling provisions in Europe, launching its Control Centre in the Italian market.  Citing Italy as one of the ‘key regulated markets’, 888 detailed that the rollout of the Control Centre in the country forms part of its ‘Made to Play Safely’ ESG policy, in turn a pillar …

Intralot posts €27m Q1 profits as group reorganisation reverses balance sheet results  

Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The …

Stake Casino: Northern Irish reform pushing ‘largest conglomerates’ southward

Stake.com’s igaming brand Stake Casino is evaluating its prospects in the Republic of Ireland, citing upcoming changes to Northern Irish gambling legislation.  The firm stated that the push for reform in Northern Ireland has led to ‘a number of the largest casino, gambling and betting conglomerates to look southward to Ireland as their next business …

Concerns raised over political links to betting sector ahead of Irish regulation

Reports in the Irish media over TDs’ attendance at a betting industry ‘VIP tent’ have prompted criticism from political rivals and in other national outlets.  The Irish Daily Mail, the Ireland-facing edition of the UK’s Daily Mail, reported this week that TDs and Senators from the ruling Fiianna Fáil and Fine Gael parties attended a …

STS Group hits peak NGR ahead of critical H2 trading 

STS Group has reported a strong start to year trading, completing its first business quarter as a Warsaw Stock Exchange (WSE) enterprise.    Filing its Q1 2022 financial results, STS achieved group revenues of PLN 282 million (€61m), up 6% on pre-WSE results of PLN 265 million. Period trading saw STS pay combined Polish lottery and …