Costa Rica-based betting operator 5Dimes has agreed to pay a $46.8m settlement to the Department of Justice following an investigation into the operator illegally targeting US customers and announced it plans to enter the US regulated market.
Confirmation of the terms of the transition period for online gaming in Germany has been welcomed by the industry, though concerns about the short timescale for operators to ensure they are compliant with the legislation have already been raised.
The Malta Gaming Authority (MGA) has cancelled the gaming authorisation awarded to Playbay Malta Limited, which operates HDbets.com, due to systemic deficiencies identified in the operator’s adherence to its AML/CFT obligations.
To talk of a one-size-fits-all solution for Africa ignores the nuances in each market. With so many differing economic climates and technological infrastructures, suppliers must prepare for a range of contrasting eventualities in different territories, Altenar chief operating officer Dinos Stranomitis tells iGB.
Industry supplier Gaming Innovation Group (GiG) has signed an agreement with online sportsbook operator Tipwin, to power its new online casino offering under licences from the Maltese and Swedish Gaming Authorities.
The Tennessee Education Lottery’s Sports Wagering Committee has conditionally approved sports betting licences for a trio of high-profile operators, as the state moves closer to the November 1 launch date for the vertical.
In this exclusive extract from the iGB Africa Report, sponsored by sportsbook technology provider Altenar, Scott Longley examines the brands that have carved out local market share, and the difficulties in establishing a pan-African presence.
Online gambling revenue in Great Britain declined across all verticals in July at a time when retail showed signs of recovery, according to the latest figures from the Gambling Commission’s ongoing tracking of customer activity during the novel coronavirus (Covid-19) crisis.
William Hill’s first full month of activity in the Washington D.C. market saw players stake $9.1m at the operator’s sportsbook in the city’s Capital One Arena, far outstripping handle for the DC Lottery’s Intralot-powered online offering.
Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.
Rush Street’s Rivers Des Plaines has taken an early lead in the Illinois sports betting market, with figures from the state’s Gaming Board revealing that it accounted for the vast majority of amounts wagered between March and July.