The Kenyan government's struggles with the country's betting and gaming industry will hit mobile network operator Safaricom's revenue, with the contribution from its M-Pesa mobile payments solution set to decline, according to analysts for investment bank Genghis Capital.
GVC Holdings has appointed Gabriele Griesbacher and Colin Cole-Johnson to its operational management team, in the new roles of director of payments and gaming product director respectively, to start in early November.
The British Gambling Commission has issued advice for licensees leaving the market, a little over six months after Irish sports betting operator BetBright’s closure left customers in limbo as to the status of their bets.
Members of the Gaming Regulators’ European Forum (GREF) have completed their year-long study into gambling-like microtransactions in video games, but have opted against specific recommendations to introduce measures against the features.
The Swedish Gaming Authority (Spelinspektionen) has written to payment service providers warning them not to do business with unlicensed gambling operators targeting the country's regulated igaming market.
Kenyan president Uhuru Kenyatta has called upon the country's lawmakers to pass a total ban on gambling in the country, also warning that he expected bookmakers to pay in full any taxes considered to be owed to the authorities.
The Oslo District Court has ruled that the Norwegian government does have the right to block payments to offshore igaming operators, and that the move does not contravene EU law. However the plaintiffs in the case could still prevail in a second hearing dealing with the issue of whether the blocking measures constitute an illegal restriction on the provision of services within the European Economic Area.
The GB Gambling Commission has launched a 12-week consultation on potential restrictions on the use of credit cards for gambling, although an outright ban is likely to be robustly opposed by the industry.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.
Multinational online payments giant Paysafe Group has appointed Philip McHugh as its new chief executive, replacing Joel Leonoff in the role. McHugh joins from Total System Services, with Leonoff shifting to a new role as vice chair of Paysafe's board.
Online gambling operator Bet365 has joined forces with EML Payments to develop a new prepaid credit card in New Jersey. The operator is yet to launch in the state but has a partnership in place do so with the the Hard Rock Atlantic City casino.
A new report commissioned by German operator body the Deutsche Sportwettenverband (DSWV) has claimed that a turnover tax levied on betting shops by local authorities across the country contravenes federal law.
US financial services corporation Fidelity National Information Services (FIS) has struck a $35bn (£26.4bn/€30.8bn) deal to acquire Worldpay, one of the iGaming industry’s most prominent payment providers.
UK’s leading credit providers have vowed to play their part in minimising problem gambling after the Gambling Commission announced the launch of a consultation on gambling with credit. UK Finance, a body which represents more than 250 firms across the UK’s finance and banking industry, will submit evidence to the regulator's new investigation