Category Archives: Betting

Lithuania sets new lottery age purchase to +18

The Budget and Finance Committee of Lithuania’s Seimas (Parliamentary Assembly) has completed a draft decree proposing new standards on lottery play and advertising for the Baltic state. The Committee’s headline measure has called on parliament to undertake a vote to raise the minimum age of purchase of lottery tickets from 16-to-18 years of age. If …

ParlayBay expands global footprint with INDIBET deal

ParlayBay has made its debut in the Indian market after agreeing a new content delivery agreement with INDIBET. The deal will make ParlayBay’s portfolio of titles available to the operator, including games such as STREAK, BOSS, GEKKO, CUT and RUSH. In addition, ParlayBay will also launch a new range of cricket and kabaddi titles. Patrick …

BGC: Royal Ascot bookmakers donate £1.2 million to UK charities

The Betting and Gaming Council (BGC) has revealed that UK charities will be rewarded with a share of £1.2 million from bookmaker profits donated from last week’s Royal Ascot. The marquee festival saw BGC members pledge to donate all winnings taken from Thursday’s Britannia Stakes race, won by 14/1 shot Thesis ridden by Ryan Moore, …

RETAbet and Oddin.gg: a vision for the future of esports

In the constantly changing online gaming world, there is a vertical which has been shown to have an upwards trajectory: esports. Once considered just the latest phenomenon in gaming, esports has now grown into a robust multi-billion industry with no sight of stopping.  So when Spain’s RETAbet Group joined forces with esports provider Oddin.gg, the …

Winning Post: Gambling Review split by the two voices of Public Health

Regulus Partners dissects the recommendations and musings of an open letter authored by the Association of Directors of Public Health (ADPH) to DCMS, in which the organisation has provided conflicting guidance on how to establish a balanced public health approach to treat gambling harms…  The threat to licensed gambling in Great Britain was set out …

Rank lowers 2022 profit guidance due to Grosvenor venues ‘soft performance’

Rank Group Plc has this morning issued a profit warning, accounting for the below expectations performance of its UK Grosvenor casino venues, which have been dragged by a ‘softness in visitor numbers’. The LSE gambling group has revised down its 2021/2022 underlying profits from its previous range of £47-to-£55 million to an expected result of …

NeoGames’ acquisition of Aspire expected in August as tender completed

NeoGames has detailed further progress on its acquisition of Aspire Global, announcing the competition of a previously announced tender offer.  The $480m transaction is now expected to finalise on 11 August 2022, with 99.31% of Aspire’s shares tendered so far. NeoGames had extended its acceptance period for Aspire shareholders to 14 June, with the expected …

Betsson nets €90m from new bond placement

Betsson AB has disclosed that it has successfully completed a transaction to issue a total of €90 million in unsecured bonds. The transaction forms part of a new financial framework, entered by Betsson, that will allow the Stockholm-listed operator to issue up to €250 million in unsecured bonds over a three-year period.  Terms of the …

KSA reminds operators of role model ban ahead of implementation

The Dutch Gaming Authority, Kansspelautoriteit (KSA), has issued a reminder to operators active in the country’s marketplace of the immediate ban on ‘role models’ in marketing.  From 30 June onwards, Dutch market incumbents will be prohibited from using any public figures familiar with younger consumers in their marketing and advertising campaigns.  This will include footballers …