Gaming Innovation Group (GiG) has announced that, effective today, Richard Brown has ended all duties as CEO of the Nasdaq-listed igaming platform and media services provider. The pending resignation of Brown was officially announced to GiG investors on 29 May 2023, as Brown is set to become the new CEO of Glitnor Group from January 2024, taking leadership of the …

Industry analysts are closely monitoring developments at IGT Plc, given that private equity giant Apollo Global is rumored to be considering a bid for its gaming assets. As Bloomberg reports, Apollo is evaluating its next foray into the gambling sector, where the $500bn fund might proceed to purchase IGT’s land-based and online gaming units outright. Apollo’s bid is expected to …

The UK Gambling Commission (UKGC) has initiated its recruitment of members to form a new Industry Forum.  Made of members with experience working in the UK gambling sector, the Forum will provide the Commission with improved insights into the views of licensed operators. The UKGC continues its initiative to bolster the range of stakeholder feedback provided by special advisory groups …

Kansspelautoriteit (KSA), the Netherlands’ gambling authority, has announced the funding of three new pilot projects to “raise awareness of problem gambling.” The Addiction Prevention Fund (VPF) will finance the development of these projects, which aim to educate the Dutch public on detecting gambling risks and intervening in addiction and related harms. Established in 2021, the VPF supports the launch of …

Allwyn UK has appointed London media agency Hearts & Science to act as the lead advertising account for the National Lottery.  Beginning in February 2024, Hearts & Science will take control of the media planning of the National Lottery under the new management of Allwyn UK – winner of the UK government’s Fourth National Lottery contract.  Back in February, Allwyn …

Chile’s progress on launching a regulated online gambling marketplace has been thrown into doubt, as the Supreme Court orders the government block access to all online gambling websites. Today, the Supreme Court of Chile upheld a legal challenge by state-owned lottery and pools operator Polla Chilena de Beneficencia that urged judges to deem “online gambling as an illegal activity”. Voting …

The Football Association (FA) has given Nottingham Forest defender Harry Toffolo a five-month suspended ban along with a £20,956 fine. Toffolo admitted to breaking the FA’s betting rules 375 times after he was charged in July. The Forest fullback was in breach of FA Rule E1 (b) between 22 January, 2014 to 18 March, 2017. The left-back was playing out on loan during the …

Spelinspektionen, Sweden’s Gambling Inspectorate, has submitted its proposed commercial and technical rule changes on state lotteries and lotteries for charitable purposes to the European Commission (EC).  The changes, filed as “The Lottery Inspectorate’s general advice on state lotteries and lotteries for charitable purposes,” will necessitate updates to Sweden’s Gambling Act and a subsequent review by the EC’s Chamber of Commerce.  …

ADM, Italy’s Customs and Monopolies Agency, has announced that it has begun work on ‘two new decrees’ to settle long running sports betting related disputes.    The agency which oversees the licensing and governance of the Italian gambling sector announced that it will update industry rules on ‘Palpable Errors’ and ‘Bonus Management’ – two areas that have conflicted Italy’s online bookmakers …

Ahead of his keynote address at the SBC Summit Barcelona (19 – 21 September 2023) leading VC and NY Times best-selling author Matthew Ball states that gambling must accept its interconnected future with Web3 innovations… But don’t call him an ‘oracle’. A new decade saw Web3 depart Silicon Valley’s zeitgeist and enter the dialogue and consciousness of modern business. Yet, …