Credit rating agency Standard & Poor's (S&P) Global has downgraded Codere for the fourth time in eight months, stating that the operator is at serious risk of defaulting on its debts in the coming six months.
Members of Norway’s parliament, the Storting, have called on the country's government to reject a suggestion from the Ministry of Agriculture and Food (LMD) for a NOK20,000 monthly loss limit for horse racing monopoly Norsk Rikstoto.
Norway’s gambling regulator, Lotteri-og Stiftelsestilsynet (Lotteritilsynet) is to launch a survey of the country’s banks to ascertain the approach taken by financial institutions to block payments to offshore sites, and investigate how they support customers with gambling problems.
The feud between payments and know-your-customer services provider iSignThis (ISX) and the Australian Stock Exchange (ASX) has rumbled on, after ISX refused to provide the ASX with correspondence with shareholders over potentially delisting the company from the exchange.
Online wagering solutions provider BetMakers Technology Group has raised AUS$35m (£19.2m/€21.5m/US$24.1m) through a new share placement, with the new funds to be used to execute its US expansion plans.
The UK’s advertising standards authority has upheld three complaints against a website advertising a system for online casino bets, two for misleading and unsubstantiated claims and one for advertising gambling irresponsibly.
William Hill has seen revenue for the 23 weeks to 9 June fall 32% year-on-year, though the operator claims that recent weeks have shown the business recovering strongly from the disruption caused by novel coronavirus (Covid-19).
Digital sports media group Futbol Sites Network Group (FSN) has joined forces with highly experienced gaming executives Jordan Gnat, Robin Chhabra and Andy Clerkson, in a bid to expand the network’s global reach.
Sports data specialist Stats Perform has been named the exclusive data provider for competitions organised the Confederación Sudamericana de Fútbol (Conmebol), the continental governing body for football in South America.
The UK’s Advertising Association (AA) has rejected proposals from the Gambling Related Harm All Party Parliamentary Group (APPG) to ban all forms of gambling advertising, saying that such a move is not necessary at present.