Category Archives: Betting

Activist investment fund Corvex Management LP has disclosed to the Stockholm Nasdaq that it has built up a 10% shareholding in Kindred Group Plc. Corvex is led by seasoned activist investor Keith Arlyn Meister, a former principal of Icahn Enterprises – the private investment fund of US finance magnate Carl Icahn. The New York fund …

Videoslots has become a member of the International Betting Integrity Association (IBIA), as its sportsbook joins a global monitoring and alert system. The online casino currently has licences to operate in the UK, Sweden, Italy, Spain, Denmark and Malta. It launched its sportsbook using its own proprietary software in June 2021. Martin Calleja, Head of …

Aspire Global has maintained ‘continued strong business momentum’ in the first quarter of 2022 according to CEO Tshashi Maimon, as the group prepares to move forward with its €410 million merger with NeoGames. The international B2B gambling group recorded an increase in Q1 revenues of 31.7% to €46.3 million (Q1 2021: €35.2m), along with a …

Newly established European gaming industry player Games Global has finalised its acquisition of several Microgaming assets, as the provider goes live to make its market debut.  Although financial terms of the agreement have not been fully disclosed by either party, it has been confirmed that Games Global has been granted regulatory approval for the purchase …

CasinoBeats Summit 2022 is set to provide delegates with a whirlwind tour of the igaming world when the Global Casino conference track presents in-depth examinations of the latest developments in both emerging and established markets. The igaming industry conference and exhibition takes place on 24-26 May, when 2,000 delegates will gather at the InterContinental in …

Spotlight Sports Group (SSG) has moved to strengthen its standing in North America via a new commercial partnership with Playmaker Capital that will continue its expansion of betting services on the continent.   The sports betting content and technology group has entered into an agreement with Playmaker Capital, to service its flagship US sports media …

Premier Greyhound Racing has appointed Lord David Lipsey as Chair, who returns to the sport following his four-year spell as Chair of the then-named British Greyhound Racing Board (BGRB) between 2004 and 2008.  The group, which is a newly-launched joint venture between Entain and the Arena Racing Company (ARC), looks to deliver ‘best serving’ racegoers, …

Further troubles loom in the CIS region as Shavkat Mirziyoyev, President of Uzbekistan, has withdrawn his support for a decree to establish a national framework legalising betting activities.    Last week, local media reported that Mirziyoyev would no longer back plans for Uzbekistan to launch its first legislative framework establishing federal laws for ‘sportsbook and sweepstake’ …

The Dutch Gambling Authority, the Kansspelautoriteit (KSA), has criticised online gambling operators in the country for failure to meet the standards of the Money Laundering and Terrorist Financing (Prevention) Act (Wwft). Issuing a warning to licence holders, the KSA stated that ‘various obligations are insufficiently complied with’, after conducting its own investigation and analysing Financial …