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The Dutch government has decided against privatising land-based Holland Casino and the state-owned National Lottery. The officials have clarified that while privatisation is not completely off the cards, such a step would neither be appropriate nor feasible at the moment. Highlighting the Key Points Dutch lawmakers proposed privatisation in the parliament last November. The decision to hold on to the gambling operation stems from the government’s focus on public safety. The authorities plan to reduce tax burdens on land-based casino operations so that they stay profitable. Tighter Regulation Following Revised Gambling Policies In an announcement at the House of Representatives […]

Reputable B2B iGaming software provider EveryMatrix has been on a roll recently. From acquiring iGaming platforms to restructuring the organisation, the company has been in the headlines for some time now. Speaking about the company’s plans and vision, CEO Ebbe Groes explained how the approach to integrating new technology with the existing platform changed. Highlights from the Story EveryMatrix acquired UK-based online betting and gambling platform FSB in July 2024, followed by Fantasma Games later in October. Instead of integrating FSB’s “superior” tech into EveryMatrix’s existing framework, the CEO explains how the company plans to “rebuild” FSB’s technology to suit […]

The Swedish Gambling Authority (Spelinspektionen) has initiated legal action against three online operators for accepting bets from Swedish players without the necessary permissions. The three operators in question are Igloo Ventures SRL, EOD Code SRL, and MIBS NV. Key Points of This Story The Swedish Gambling Authority has banned Igloo Ventures SRL, EOD Code SRL, and MIBS NV for illegally accepting bets from Swedish players. The gambling regulator also initiated a legal enquiry against More Tech Group, the company behind lottoexperten.com, lottoexperten.se, and superlottoclub.com. Spelinspektionen has been cracking down on illegal operators following criticism from the National Audit Office earlier […]

In a bid to reduce problem gambling, the Bank of Ireland has taken a positive step in putting consumers in charge. Customers can now block all gambling transactions from their Bank of Ireland debit cards voluntarily. This is a remarkable step since there is no legislation asking financial institutions to do so. A Quick Summary of the Key Points The bank’s Q1 reports reveal 90% of gambling transactions were online and 99% of bets were made using debit cards. The bank says this feature will allow its customers to “take control” of their finances. The Gambling Regulatory Authority of Ireland […]

Austrian authorities recently busted an illicit lottery operation out of Vienna. This was the result of a combined effort by the Vienna State Criminal Police Office and the Office for Fraud Prevention’s financial wing. Following the raid, authorities recovered evidence of the unlawful operation, including those of tax evasion. Those involved now face various charges in accordance with the country’s tax and gambling regulations. Key Points of the Story The scheme promised consumers high-value prizes, including luxury vehicles from brands like Audi and BMW and Rolex watches. The operator sold thousands of lottery tickets throughout Europe via Facebook and other […]

Australian sports betting platform PointsBet recently confirmed that it received a proposal from Betr Entertainment. This offer, PointsBet claims, is better than the one currently on the table from MIXI Australia Pyt. Ltd., a wholly-owned subsidiary of Japan-based sports betting provider MIXI Inc. In an official statement, released earlier today, PointsBet said that it is actively considering Betr Entertainment’s proposal with the help of external advisers. The company is doing its due diligence to run a fine comb through the particulars of the deal and will make a decision accordingly. A Quick Overview of the Key Points Betr Entertainment’s deal […]

Reputable American gambling software provider DraftKings Inc. (DKNG) published quarterly financial reports last week. The company’s revenue increased to $1.41 billion from $1.17 billion in Q1 2024, a 20% YoY jump. Despite the global economic turmoil, the demand for sports betting has been pretty high this year. However, DraftKings’ actual revenue was slightly lower than the estimated $1.43 billion. This was due to an increase in outcomes favouring consumers, leading to higher payouts. Key Points to Remember Due to weak quarterly earnings, DraftKings adjusted its 2025 revenue projections between $6.3 billion and $6.6 billion to the $6.2 billion and $6.4 […]

Online sports betting provider Super Group (SGHC) is in the green, according to its Q1 financial report. The company recorded a 25% increase in quarterly earnings, compared to the same period in 2024. This success comes on the back of “extraordinary performance” in key markets, including Europe, Africa, and Canada. This balanced the lower outcomes from the Latin America, Middle East, and the Asia-Pacific markets, showcasing how global iGaming operations can yield mixed regional outcomes depending on market maturity and regulation. Summarising the Key Points: Super Group’s adjusted EBITDA grew 120% YoY to $111.1 million. The company’s revenue outside the […]

Italian iGaming content provider Lottomatica Group SpA (LTMC) announced its Q1 results on Wednesday. The company reported 33.1% YoY growth with a total revenue of €585.7 million. This could encourage Lottomatica to consider further M&A moves that align with its plans for the near future. Key Points to Consider Lottomatica shares gained 0.38% on presentation day, trading at €20.86. The company refinanced €1.1 billion of debt with a deadline for 2030 and beyond. Lottomatica’s Gross Gaming Revenue (GGR) increased by 30.8% in Q1 2025, compared to the Italian gaming market gaining 18% GGR during the same tenure. A Brief Highlight […]

France, the fourth largest gambling market in Europe, reaffirmed its place on the table by breaching the €14 billion Gross Gaming Revenue (GGR) mark. The figures are from the French National Gaming Authority or Autorité Nationale des Jeux’s (ANJ) annual report from 2024. According to the ANJ, the French gambling market expanded by 4.7% compared to the previous year. This spike was largely due to the growing popularity of online sports betting, riding on a “phenomenal calendar year” courtesy of the Olympic Games Paris 2024 and the UEFA European Football Championship. Lotteries, too, played a key part in boosting the […]