Svenska Spel backs new criterion of Swedish Gambling Act

Anna Johnson, President and CEO of Svenska Spel, states that the group is highly supportive of the government’s plans to strengthen the Gambling Act with new measures against illegal operators. Johnson welcomed the memorandum authored by Financial Markets Secretary Niklas Wykman and Marcus Isgren, Chair of the Swedish National Board for Consumer Disputes, which proposes long-awaited …

Save the Children backs Romania gambling overhaul to stop youth fallout

The Romanian chapter of international NGO Save the Children has called for urgent reforms to protect minors against gambling addiction and harms, urging Romanian authorities to copy underage protections applied across EU states.  A study put forward by the organisation claimed that 14% of surveyed children admitted to having gambled at one point, while 40% …

Finland expects rise in sports manipulation attempts after betting market launch

European gambling companies are becoming increasingly drawn to developments in Finland, with a regulated market launch expected in 2027 – but with two years left to go concerns are already being raised from other quarters. The Finnish government’s National Sports Council has published a report examining the sports integrity implications of a market launch. The …

CT Interactive Expands Global Footprint with Strategic Deals at SBC Summit Lisbon

ct-interactive-expands-global-footprint-with-strategic-deals-at-sbc-summit-lisbon

Reading Time: 2 minutes CT Interactive utilized the SBC Summit Lisbon stage to reinforce its reputation as one of the most dynamic players in the iGaming industry, announcing strategic agreements that extend its presence across Latin America, Europe, and Africa. The company finalized a deal with Juega en Línea to launch its full portfolio and Hot Luck Jackpot […]

Raketech Announces Divestment of Casumba Assets

raketech-announces-divestment-of-casumba-assets

Reading Time: 2 minutes   Raketech Group Holding Plc announced an agreement to sell the Casumba assets due to regulatory developments affecting its markets. The transaction, valued at a fixed consideration of EUR 12 million, will be paid in monthly instalments through December 2029, with no upfront cash payment. Under IFRS 9 accounting standards, the […]