Category Archives: Betting

Greek authorities unearth potential gambling money laundering scandal

An investigation into alleged money laundering by high-ranking officials is about to set the gambling sector in Greece ablaze. Local news outlets report that the Hellenic AML Authority has uncovered a potential money laundering ring that involves around 200 individuals, some of which ministry officials and high-ranking civil servants. Whether knowingly or not, licensed gambling …

African iGaming Alliance elects Peter Kesitilwe as first CEO

The African IGaming Alliance (AiA) has announced the appointment of Peter Emolemo Kesitilwe as inaugural Chief Executive of the trade and standards body, established with a commitment to advance ethical, sustainable, and inclusive growth of Africa’s  online gambling sector.   The former CEO of the Botswana Gambling Authority (BGA), Kesitilwe oversaw the regulatory development and licensing …

PartnerMatrix: giving operators a greater understanding of players

A lot can happen over the course of a decade. Just ten years ago Snapchat filters took the social media world by storm, Apple Watches made a long awaited debut, a Mark Ronson and Bruno Mars collaboration was inescapable and Star Wars exploded back onto the big screen. The year in question also brought about …

Structure or Flexibility: Why do both approaches make sense in iGaming?

Mykhailo Zborovsky, expert in strategic development of iGaming products, writes for SBC News exploring whether iGaming companies should take rigid or flexible approaches towards staff, technology and processes. Just two decades ago, large companies all looked the same: hundreds of employees meant multi-level hierarchies, strict regulations, and endless procedures. It seemed like there was simply …

BetComply: surviving the compliance avalanche

Operating in highly regulated markets is never an easy feat. But things in the European Union got significantly more challenging over the summer. Three new laws have come into effect that impact multiple disciplines across the iGaming industry. The EU Accessibility Act, the Digital Operational Resilience Act and the AI Act all came into force …

Brazil draft wants banks and fintechs directly involved in black market fight

The Chamber of Deputies of Brazil has tabled a proposal which would see banks and fintechs play a deeper role in the fight against the black market, and safeguard the existing laws of the Bets regime.  As reported by SBC Noticias Brasil, Bill 182/2025 was presented by Congressman José Guimarães, Member of the Chamber of …

Rivalry narrows Q2 2025 losses and strengthens player economics

Toronto-based sports betting and media operator Rivalry has published its Q2 2025 results, showcasing the benefits of its leaner, high-efficiency business model. The quarter – Rivalry’s second since implementing its restructured operating framework late last year – saw the company deliver record player monetisation alongside a sharp reduction in costs. Operating expenses dropped 62% year-on-year to …

Sweden seeks new Gambling Chief as Rosenberg exits duties

Finansdepartementet, Sweden’s Ministry of Finance, has been tasked with appointing a new Director General for Swedish Gambling. The order follows the Swedish government’s announcement that Camilla Rosenberg will serve as the General Inspectorate of Swedish Real Estate Agents (FMI), taking on the ‘dedicated assignment’ as of 1 November 2025. The decision sees Rosenberg end her …

Veikkaus posts first signs of change ahead of Finland market transition

Data from Veikkaus Group reveals minor turbulence in the Finnish market ahead of its scheduled re-regulation in 2027. Veikkaus’ operating profit for the period January-June 2025 was capped at €230m compared to the €252m for the same period last year. Actual sales revenue in the first half of this year totalled €466m (H1 ‘24: €484m), …

Swiper offers Sweden iGaming-social media hybrid tech

Sweden’s gaming scene has gained another newcomer, Swiper, an online casino built around the principles of social media apps. The site has been developed by Soft2Bet, an online sports betting and gaming solutions developer, with a focus on targeting Swedish mobile users. Specific features which Soft2Bet hopes will stand out as USPs to Swedish customers …