Category Archives: Betting

The operating licence of Goldchip Limited has been suspended by the UK Gambling Commission (UKGC), as a review under section 116 of the Gambling Act 2005 is carried out. The announcement follows reports that activities may have been carried out contrary to the Act, not in accordance with conditions of its licence and that the …

Betsson Group and GoldenRace have announced a partnership focusing on Greece, with the latter providing the operator with its virtual sports offering. As the exclusive virtual sports provider of the Swedish international gambling group for the Greek market, GoldenRace has further bolstered its position in the recently regulated sector.  The company – which acquired a …

Light & Wonder Inc, the new corporate identity of a transformed Scientific Games Corporation (SGC), has outlined to investors its objective of achieving a $1.4 billion EBITDA target by 2025. The 2025 earnings target declared to investors will require Light & Wonder to match a compound annual growth rate (CAGR) of 15%. The Nasdaq technology …

Catena Media has detailed a ‘solid quarter’ across during Q1 2022, as the group’s revenues increased by 11% year-on-year, driven by continued expansion in North America.  Updating investors, the gambling affiliate and media publishing group announced revenue of €45.2 million (2020: €40.7m), whilst EBITDA rose by 2% to €25.6 million (€20m), albeit with a decreased …

Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations.  Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that …

NetShop ISP, a leading provider of bare-metal servers, data centre solutions, and cloud hosting, has been awarded the “Best Hosting Provider in the Baltics” award at the Baltic and Scandinavian (BSG) Gaming Awards 2022 in Vilnius, Lithuania. During the event, held at Radisson Blue Royal Astorija Hotel, sports betting and online casino professionals submitted their …

GamCare has formed a partnership with Rank Group to carry out safer gambling and social responsibility training for more than 1,400 of its employees.  Beginning this month until late November, the UK-based charity will deliver 150 days of training covering a range of areas relating to responsible gambling and customer interaction. This will include a …

The Swedish betting and gaming industry’s post-lockdown recovery has continued in the first quarter of the year, as total revenue reached SEK 6.5 billion (€6.2m). A 6% increase on Q1 2021, the quarter saw Sweden’s 66 licensed sports betting and casino operators collect wagering revenue of SEK 4.1 billion (€392m), a rise of 4% on …

The University of Bristol has launched Britain’s ‘first academic research centre’ dedicated to developing ‘multidisciplinary approaches’ examining gambling harm, addiction and social complexities. Launched as The Gambling Harms Research Centre (GHRC), the unit aims to transform research of gambling harms by developing deeper academic resources and evidence-led insights to share learnings with domestic and international …