Category Archives: Betting

Kindred Group has renewed its investment in the Team Talk programme which will see a ‘significant’ investment as Rangers Charity Foundation continues to work on its development. Boosted by initial funding received from the firm in 2021, Team Talk has already helped men across Glasgow to seek advice, help and encouragement in discussing their mental …

Casino and sportsbook platform provider Soft2Bet has confirmed this week that it has been given a licence from the Irish Revenue Commissioners, enabling the firm to offer its extensive portfolio of casino games in Ireland.   Soft2Bet’s entry into the Irish market marks yet another strategic move for the operator group which is in the process …

Kindred Group Plc remains optimistic of its long-term prospects, as short-term European market headwinds have ‘applied temporary pressure to its headline revenues and profits’.  Publishing its Q1 trading statement (unaudited period ending 31 March), Kindred registered corporate revenues of £247 million, down 31% on corresponding 2021 results of £352 million. A tough opening to 2022 …

Betsson AB has reported a strong performance across multiple verticals and markets in the first quarter of the year, although acknowledging a slight decline in casino revenue amid continued regulatory hurdles impacting Western European income.  The Stockholm-listed online gambling group recorded an 8% increase in total group revenue during Q1 to €170.2 million (2021: €157.4m), …

Colombia’s gaming regulator Coljuegos has shared the financial figures for the first quarter of 2022, a period in which the local industry saw record revenues of $44.1m, or a 17% increase when compared to the previous year. According to the President of Coljuegos, César Augusto Valencia, casinos and bingo halls contributed $19.4m, while online gambling …

GambleAware has repeated its calls for the introduction of a mandatory levy to support gambling harm prevention and treatment, ahead of the publication of the Gambling Act review White Paper. The problem gambling prevention organisation has argued for a levy of 1% as a licensing condition for betting firms wishing to operate in the UK, …

Operators active in the Dutch online betting market must ensure they maintain momentum on their responsibility duties, in order to avoid greater government intervention in the sector.  Publishing some thoughts in a blog post, Chair of the Dutch gambling regulator Kansspelautoriteit (KSA), René Jansen, observed that political patience on betting advertisements ‘is very limited’. Calls …

The International Betting Integrity Association (IBIA) has reported 42 ‘suspicious betting’ cases during Q1 of 2022.  The overall amount is a 39% reduction compared to the 69 cases in Q4 of last year, and is a similar decrease when compared to Q1 2021 – a time in which 64 alerts were made.  Breaking it down, …

Playtech has launched an exclusive live gaming show ‘Well Well Well’ for Ladbrokes, the flagship UK property of FTSE100 gambling group Entain Plc. Live-streamed from Playtech’s state-of-the-art studio in Riga, Latvia, the offer has been cited by the firm as one of its ‘most complex bespoke games developed to date’ for Ladbrokes customers. Playtech outlined …

BetitRight has entered into a business arrangement with ComeOn Group, expanding its foothold in the Swedish betting and gaming market in the process.  Facilitated via BetitRight’s joint venture with Spotlight Sports Group (SSG), the deal with ComeOn will see the latter incorporate its new partner’s bet-prompt and in-play service across its operations.  This will include …