MoPlay operator Addison Global - which has seen its licences in Gibraltar and Great Britain suspended over financial issues - is currently without a management team following mass resignations, iGaming Business understands.
The pressure is mounting on teams within the UK legislative bodies to finalise the direction and scope of the forthcoming review of the 2005 Gambling Act. This webinar looks at what is happening and what might happen next! Join us on Thursday 20th Feb 2020 at 3pm GMT to find out more.
The final six months of the decade saw talk of regulatory crackdowns continue, with pressure growing on operators across a number of markets and verticals. Elsewhere M&A activity rose to the fore, with a number of high-profile acquisitions announced during the period
Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.
German lottery broker Zeal Network’s revenue and earnings declined in 2019, but the business said the year was still a success despite the acquisition of Lotto24 and move away from secondary lotteries affecting its financial performance.
Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.
A member of Northern Ireland’s legislative assembly has submitted proposals to reform the country’s gambling laws, which have not been updated since 1985, to introduce a gambling regulator, regulations for online gambling and a ban on bonuses.