Supplier of igaming products Wazdan has strengthened its footprint in the Swiss market by signing a deal with Swiss4Win. Through the partnership, Wazdan will supply Swiss4Win’s online gambling platform with its games to deliver an enhanced player experience. Parallel to the collaboration, Swiss4Win has also unveiled its new website which will aim to increase user engagement with a SEO-focused design …
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According to reports from media outlet SRF, the Swiss Federal Gambling Board Eidgenössische Spielbankenkommission (ESBK) is looking into the latest deal between crypto casino Stake and the Sauber Formula 1 team for potentially breaching the country’s advertising regulations. Earlier this week, Sauber revealed its latest C44 car that will feature in the new season which starts at the end of February. …
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Allwyn International has showcased its new business profile after incorporating Camelot UK to its European gaming and lottery subsidiaries portfolio. Publishing its Q1 2023 unaudited accounts, an enlarged Allwyn generated consolidated revenues of €1.64bn, an 80% surge on 2022 comparative results of €914m. As reported, Q1 trading saw Allwyn execute the acquisitions of Camelot UK Lotteries Limited and Camelot Lottery …
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Carsten Koerl, the founder and CEO of Sportradar AG, has been named Switzerland’s ‘Entrepreneur of The YearTM’ by EY. The accolade forms part of Big-4 auditor and financial consultancy EY’s global programme promoting entrepreneurial achievement in more than 60 participating countries. A panel of independent judges rewarded Koerl for his “entrepreneurial spirit and purpose” in achieving Sportradar’s founding mission to …
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DACH markets betting group bet-at-home AG has recorded double-digit declines across all topline metrics, publishing its Q1 2020 trading update. The Frankfurt Xetra bookmaker detailed that tough Q1 trading was compounded by the abrupt postponement of European sports and continued wagering declines recorded in Poland and Switzerland. Dealing with multiple headwinds, bet-at-home saw Q1 2020 wagering volumes drop by 18% …
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The Malta Gaming Authority (MGA) follows the UK Gambling Commission (UKGC) in suspending the B2C licence of incumbent Stakers Limited, operator of Stakers.com Issuing a statement on 10 March, the MGA declared an immediate ‘enforced suspension’ of Stakers licence, prohibiting the operator from servicing any wagering activities under its jurisdiction. “Stakers Limited is thus no longer authorised to carry out …
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Publishing its Q3 2019 trading update (period ending 30 September) Frankfurt Xetra-listed bookmaker bet-at-home AG reports continued strong commercial momentum, despite the company booking an €11.5 million Austrian tax charge. Updating investors, bet-at-home reports 2.5% increase year-to-date betting and gaming revenues of €107 million (YTD2018: €104m). The operator highlights that it has been able to maintain its YTD wagering capacity …
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The governance of Paf has disclosed that the Åland Islands-based gaming operator will act as ‘lead technology partner’ for Grand Casino Luzern, as Switzerland initiates its new online casino regime. This June the Swiss Federal Council, approved an initial four online casino permits awarded to local operators – Grand Casino Baden, Grand Casino Luzern, Casino Davos and Swiss Casinos Pfäffikon. July …
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With Brexit factors and implications on the minds of all UK business stakeholders, Matt Harrod, VP of Europe at Processing.com examines whether interchange rates and PSD3 are the least of the gaming/betting industries worries… ___________________ Everyone should probably be aware by now that the UK is due to leave the European Union at 11pm on Friday 29th March 2019, deal or …
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Sports betting technology and software supplier Kambi Group Plc has reported a strong financial performance in the group’s Q2 2018 interim report. Year-on-year revenues have shown a 25 per cent growth for the second quarter of 2018, reaching €17.6m (15.65m) from the previous years €14.1m (£12.54m), aiding a 20 per cent H1 jump from €28.3m (£25.1m) to €34m (£30.2m). Addressing …
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