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.
The German state of Brandenburg has updated its gambling regulations in line with the new State Treaty on Gambling, the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv), which opens up the online casino market for the first time.
Members of British industry standards body the Betting and Gaming Council (BGC) will implement limits on slot spin speeds and bans on slot features such as turbo play and multi-slot play, as part of a new code of conduct unveiled today.
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 national government of Colombia has legally ratified Decree 808, which was introduced in June this year to help shore up the country's gambling industry and protect funding for its heathcare system in the wake of the novel coronavirus (Covid-19) pandemic.
Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.
Rank Group has reported a year-on-year decline in net gaming revenue (NGR) and net profit for its 2020 financial year, mainly due to the impact of the novel coronavirus (Covid-19) pandemic on its land-based operations.
Chinese lottery provider 500.com announced the resumption of activity in Sweden, via its The Multi Group (TMG) lottery betting subsidiary, having renewed its online gaming licence in the jursidiction for the next two years.
PointsBet has signed a five-year deal to become a betting, gaming and fantasy sports partner of The University of Colorado Buffaloes, becoming the first operator to sign an agreement with a “Power Five” collegiate sports team.
Igaming content developer and distributor Gaming Realms has reported a 65.9% year-on-year rise in revenue for the first half of 2020, which in turn helped the business report positive earnings for the period.Ig