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Galaxsys receives Swedish licence to expand into regulated markets

Listen To Article Galaxsys has obtained a licence from the Swedish Gambling Authority, allowing it to offer its games in Sweden. This licensing marks the next milestone in Galaxsys’ strategy to enter regulated markets. The licence enables Galaxsys to expand its presence in Europe by providing its games to Swedish partners. Gil Soffer, SVP of […]

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Expanse Studios and BetFounders forge iGaming partnership

Listen To Article Expanse Studios and BetFounders have announced a new partnership agreement. The collaboration, structured as a content aggregation deal, combines Expanse’s game design with BetFounders’ technology and aims to boost the player experience. BetFounders, launched in 2020, has integrated games with features such as inner tournaments, jackpots and CRM tools. The company’s technological

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Caesars reports Q2 2024 financial results, posts net loss of $122m

Listen To Article Caesars Entertainment has released its financial results for the second quarter of 2024. The company reported total net revenue of $2.83bn, a slight decrease of 0.1% year-on-year. Caesars experienced a net loss of $122m. The decrease was reportedly primarily due to a $940m release of valuation allowance against deferred tax assets associated

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ASA upholds complaint against William Hill’s welcome bonus ads

Listen To Article The Advertising Standards Authority (ASA) has ruled against William Hill Online regarding two advertisements for the brand’s welcome bonus offer. The ads – which consisted of a paid search ad on Bing and a landing page on the William Hill website – were found to be misleading due to the omission or

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Paradise Co. sees 7.3% monthly increase in July revenue; but down year-on-year

Listen To Article Paradise Co, one of South Korea’s licensed foreigner-only casinos, has reported its casino revenue for July 2024, which amounted to KRW62bn (US$45m). Compared to its June 2024 revenue at KRW57.8bn, this represents a 7.3% increase. Yet this is a 1.3% decrease year-on-year July 2023.  However, total revenue from Jan-July 2024 amounted to

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SCCG Management partners with Playdigo for AI-driven advertising

Listen To Article SCCG Management has announced a strategic partnership with Playdigo, a company that specialises in AI-driven branding campaigns and app advertising solutions. This collaboration aims to improve Playdigo’s market position by offering affiliate licensing and business development support for its programmatic marketplace solutions. Playdigo’s partnership with SCCG Management is expected to facilitate expansion.

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Philippines Ombudsman dismisses Alice Guo from service

Listen To Article Suspended Bamban, Tarlac Mayor Alice Guo has been dismissed by the Philippines Ombudsman. The dismissal was ordered by the Office of the Ombudsman, which also ordered the forfeiture of Guo’s retirement benefits and permanently banning her from holding public office. According to Philippines news reports, anti-graft officers said Guo’s involvement in operations

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QMRA compliance initiative expands across Europe

Listen To Article The Quality Mark Regulatory Assurance (QMRA) initiative, launched in February 2024, has rapidly expanded its presence across European markets, with over 90 affiliates adopting its compliance standards. Originally an extension of the Dutch Quality Mark KVA, QMRA has gained traction in countries including Denmark, Sweden, Germany, Belgium, Norway and the UK. Since

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Catena Q2 report: Casino segment up 3% despite overall decline 

Catena has reported its financial results for the second quarter of 2024. In total, revenue for Q2 came to €12.8m ($14.1m), down 14% year-on-year, while adjusted EBITDA came to €0.7m – a sharp decline of 67% compared to last year’s €2.1m.  Loss before tax remained relatively stagnant, dropping to a loss of $2.5m compared to

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