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Betsson reports 18% Q3 revenue rise, “driven by both sports and casino”

Listen To Article This represents an 18% year-on-year rise, with an organic rise of 35% for the brand. Casino revenue saw a reasonable 8% increase, although sports betting was where Betsson excelled for the period, with 45% growth at a sportsbook margin of 8.4%. Elsewhere, operating income was up 21% to €38.4m, with net income […]

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Rhea Loney appointed BetMGM Chief Compliance Officer

Listen To Article Loney will oversee the group’s compliance department, including online and retail operational compliance, registration and licensing, AML and financial compliance, and responsible gaming. “Rhea brings extensive industry knowledge and regulatory experience to BetMGM and is a phenomenal addition to our team as we continue to grow rapidly in a dynamic industry,” said

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Sports Betting Exchange BetDex becomes fully licensed on blockchain

Listen To Article Per the GSC licence, BetDex has received approval for all forms of online gambling, including sports betting. All GSC licences are held to account under the Online Gambling Regulation Act.  The BetDex Exchange is powered in-house by BetDex Labs, a web3 company founded by former FanDuel executives Varun Sudhakar, Stuart Tonner and

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Operator bet365 offers sports bettors $100 in free bets ahead of Ohio launch

Listen To Article The UK-based operator will launch its offering on day one, 1 January 2023 – and any customer that signs up between then and December will automatically have betting credits applied to their accounts. Furthermore, bet365 will offer new customers an additional $200 in free bets, so long as bettors deposit $10 and

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TikTok reverses gambling ban decision through Sportsbet trial

Listen To Article A spokesperson for TikTok has, however, noted that the group is currently running a strictly controlled advertising pilot in Australia with Sportsbet. The company’s advertising policy in the country says that “ads promoting fantasy sports, bingo or other gambling-related content”, “ads coming from a gambling brand or featuring gambling branding,” and “ads

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Gaming Innovation Group reports 35% Q3 revenue increase

Listen To Article Adjusted EBITDA for Q3 2022 climbed 47% year-on-year to €8.5m, with the adjusted EBITDA margin increasing to 37%. The group reported all-time high revenue in GiG Media of €15.1m, while revenue for Platform & Sportsbook was €7.8m. The former enjoyed 35% year-on-year growth, with the latter posting 36% year-on-year growth. GiG posted

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Playtech to supply BetVictor Group with casino content in the UK

Listen To Article Per the deal, Playtech content will be made available across all BetVictor Group brands in the UK, including BetVictor, Parimatch and Heart Bingo.  Playtech solutions will also be made available on BetVictor Group’s talkSport Bet, once it has launched.   BetVictor Group customers will have access to Playtech’s full suite of games,

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Soft2Bet launches mobile app for Swedish brand Betinia

Listen To Article The provider noted that the app has been launched exclusively for Swedish players, who can now enjoy the casino and sportsbook brand with ease. Soft2Bet explained that the app features a user-friendly design and a mix of different features, including a modern layout and fast loading time. “This app is tailor-made for

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