Category Archives: Betting

Kambi confident in resilience as taxes and tough comparatives drag 2025 revenue

Kambi’s leadership is confident in the group’s prospects despite revenue falling during every quarter last year, although the firm remains profitable. Group accounts for Q4 showed revenue of €42.7m, a decrease of 3.9% from €44.5m the year prior, while full-year revenue also declined by 8.2% from €176.4m to €162m. In his CEO statement, Werner Bercher […]

Stake launches in Denmark after turbulent but lucrative 12 months

Australia-founded online casino and sportsbook Stake has secured a five-year online casino and sports betting licence in Denmark, almost exactly a year after it was removed from the UK market.  The company has not been without its critics over the past 12 months but is now setting its sights on a bold global expansion strategy […]

Romania moves on age reset to 21 to proceed full gambling overhaul

The Senate of Romania has approved two bills that will apply new restrictions on gambling’s engagement and exposure with the general public. Announced by MP Raluca Turcan, of the National Liberal Party (PNL), the bill is titled “Protect the Age of Innocence” and received approval from the Senate. The bill will increase Romania’s gambling age […]

YGAM to train youth workforce to spot gaming and gambling harms

The National Youth Agency (NYA) will use the training tools and resources of the Young Gamers and Gamblers Education Trust (YGAM) to educate and raise awareness of gambling harms across the youth work sector. The NYA is the statutory organisation for youth work and training in England and Wales, dedicated to providing effective work opportunities […]

Polymarket threatened with Dutch fine in globally fragmented predictions landscape

Polymarket has been instructed to cease activity in the Netherlands by the Kansspelautoriteit (KSA), the Dutch gambling regulator, which has accused the firm of illegal gambling activity. The KSA has told Polymarket to cease activity immediately or receive a fine of €420,000 (£366,000) per week, with a maximum penalty of €840,000. The KSA has stated […]

Sector lambasts proposal to hike gambling age in Bulgaria

Bulgaria’s gambling sector has opposed a draft bill that proposes an increase in the minimum gambling age from 18 to 21. Earlier this month, populist party ITN presented a draft proposal to amend the Gambling Act in a way that would forbid anyone under the age of 21 from gambling – extending the definition of […]

Rank Group appoints former Man Utd CFO as it continues CEO hunt

London-listed Rank Group has appointed Cliff Baty as its interim Chief Financial Officer as it remains on the hunt for a new Chief Executive Officer.  Baty has over a decade of experience in CFO roles, most recently serving as Manchester United’s CFO from 2016-2024.  He has also held key positions at Sportech, Ladbrokes and EY, […]

EveryMatrix continues international expansion as it secures South Africa licence

EveryMatrix has received formal licensing approval to supply its turnkey platform technology in South Africa, just months after the company switched to a Co-CEO model. The London-founded firm’s South African arm – EveryMatrix South Africa (EMSA) – has secured a manufacturer’s licence from the Western Cape Gambling and Racing Board. It is now authorised to […]

Ex-UAE gaming regulator Kevin Mullally appointed as first CEO of IAGR

Kevin Mullally has been appointed as the new and first CEO of the International Association of Gaming Regulators (IAGR). Whilst the organisation was established in the 1980s, it has never had a CEO before, with the appointment of Mullally signaling the IAGR’s continuous growth and expansion. The entity has a member-led governance structure, with a […]

A ‘useful tool’ but doubts remain – alarms over AU$20m ‘AI slop’ gambling harm research

Concerns over the use of artificial intelligence (AI) in gambling-related research have intensified after politicians and academics raised questions about an evidence review used to support a AU$20m (£10.4m) funding request for youth gambling education in Australia. Independent Senator David Pocock, a longtime advocate for gambling reform in Australia, said he was “deeply concerned” about […]