MaximBet ceases operations amid “challenging” macroeconomic conditions
MaximBet announced the decision in a message to customers, saying they will have until December 15 to withdraw any funds in their accounts. After this date, any...
Michigan reports record igaming revenue in October
Overall online commercial and tribal revenue for the month amounted to $190.2m (£159.9m/€183.7m), up from $134.0m in the same month in 2021 and also 7.7% higher than $176.5m in September...
BetMakers pens distribution deal with Racing Victoria’s media business
As part of the deal, BetMakers will embed a feed featuring Victoria horse races into its digital platform. This will then be distributed to betting companies across...
Industry slams NYT sports betting coverage
Titled “Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous”, the article makes the argument that the gambling sector “got their way with lawmakers after...
Kindred, ATG and PinBet fined for Swedish AML failures
All sanctions were issued after Spelinspektionen criticised “shortcomings” in the operators’ approached anti-money laundering and terrorist financing measures. Each investigation began in autumn 2021. Kindred subsidiary Spooniker...
GiG signs up Strike Games as latest platform client
Strike Games will use GiG’s player account management (PAM) and front-end content management system (CMS) technologies to expand to a number of international and emerging markets. “With...
Incumbents succeed, Genting misses out as Macau awards new concessions
MGM Resorts International, Galaxy Entertainment Group, Las Vegas Sands, Melco Resorts, Wynn Resorts and SJM Resorts were all awarded a concession, each of which will run for...
Luckbox owner to acquire Asia-facing B2B platform
Real Luck Group will acquire 100% of the shares in the Asia-facing business, which it says will give it access to more than 6,000 games from 50...
Austrac launches federal court proceedings against Star for AML failings
The case relates to “serious and systemic” non-compliance with anti-money laundering and counter-terrorism financing in the country, with Austrac having been investigating Star since June of last year....
Lottery.com warned by Nasdaq over late filing of Q3 results
Lottery.com was required to file its quarterly statement with the US Securities and Exchange Commission (SEC) via a Form 10-Q but said it has been unable to...
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