iGaming software supplier and white label solutions provider EveryMatrix has struck a partnership with compliance specialist beBettor as part of its efforts to improve its social responsibility controls and ultimately have the suspension of its operating licence lifted.
Gambling operator Betsson has announced plans to issue a new senior unsecured bond with an expected initial minimum volume of SEK500m (£41.6m/€46.7m/$51.4m) to help support its ongoing growth and expansion strategy.
Gaming Innovation Group (GiG) has announced that Robin Reed is to leave his role as chief executive with immediate effect, and appointed its current chief operating officer, Richard Brown, as his temporary replacement.
Austrian gaming giant Novomatic has reported a 1.8% year-on-year fall in revenue for the first half of its financial year, with changes to gaming regulations in core markets such as Germany and Italy blamed for the decline. This led to significant increases in depreciation and amortisation, which drove down profit for the period.
Finnish gambling monopoly Veikkaus has appointed Regina Sippel as its new chief financial officer and announced an organisational restructuring that sees a number of executives take on additional duties.
PlanetWin365 operator SKS365 has been issued with a tax inspection report claiming that it owes €124m to the Italian authorities, having failed to declare significant revenue generated in the country's regulated gambling market.
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.
A new study into the potential risks and rewards that would arise from Norway’s current gambling monopoly being replaced by a regime allowing offshore operators into the market has concluded that such a move could see problem gambling rise. This could also result in funds generated by Norsk Tipping for Norwegian society fall by as much as NOK1.3bn.
Finnish gambling monopoly Veikkaus ramped up its player protection controls with plans to monitor its customer rewards programme to avoid encouraging excessive gambling, as well as establishing an Ethics Council to oversee responsible gaming efforts.