Category Archives: Betting

The board of XLMedia has confirmed that Stuart Simms has chosen to resign as Chief Executive of the London AIM-listed igaming media publisher. Updating investors, XLMedia stated that Simms had chosen to “pursue other interests”, but will support the company in its leadership transition as the board begins an executive search to find its successor. …

The Global Lottery Monitoring System (GLMS) alerted its members and partners to four “seemingly suspicious” games in March. Publishing its April 2022 newsletter, the GLMS issued the alert after completing its essential investigations, while the industry watchdog also developed five analysis-reports after requests from members and partners. These analysis reports probed past games to “determine whether the …

Regulation of the Swedish gaming market has improved the condition for achieving the overarching goals set by parliament, asserts Sweden’s State Treasury, upon delivery of a final report looking at the country’s digital ecosystem. These ambitions include that the gaming market should be under public control, have strong consumer protection and protect revenue from gaming …

STS Holding has revealed that it has received a dividend of PLN 13.3 million (€2.8m) related to the performance of its tech subsidiary Betsys. Providing investors an update on Betsys performance, STS disclosed that, during 2021, its tech unit had grown in EBITDA to PLN 21.8 million (€4.6m), up 50% on FY2020 corresponding results of …

Gaming Innovation Group (GiG) has announced that its newly integrated Sportnco subsidiary has secured a commercial agreement to provide system solutions for Betway Portugal (Betway.pt). The partnership agreed with GM Gaming Limited, the operating company of Betway brand in Portugal, for the provisions of Sportnco’s sportsbook and player account management (PAM) solutions. The agreement sees …

The Betting and Gaming Council (BGC) has called on ministers to recognise the importance of the Grand National as a heritage sporting event supporting UK racing and highstreet jobs.  Following three years under lockdown constraints, The Grand National returns to hosting live spectators at Aintree on Saturday 9 April. Its main race is expected to …

The UK Gambling Commission (UKGC) has stood by its management of the Fourth National Lottery Competition, that appointed Allwyn Entertainment as its Preferred Applicant to operate the National Lottery beginning 2024. On Friday, the Commission was notified by National Lottery incumbent operator Camelot UK, that its handling of key phases of the competition would be …

CIS betting group Parimatch Tech has announced a series of ‘structural changes’ to its executive leadership team that will impact the day-to-day management of its flagship Parimatch subsidiary. Following a strategic review, Parimatch Tech will no longer employ the joint-CEO leadership structure that has overseen its business for the past two years. The decision will …