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Spanish Gaming Market Saves Jobs Despite Losing Money

Spanish Gaming Market Saves Jobs Despite Losing Money

The Spanish gambling market shows strong intent to bring back normality by flying in the face of a bad financial year. Despite revenue lows, the industry has managed to keep 85% of its workforce and seems intent on defying all future odds against them.

December 13, 2020
Disney Discloses Plans to Roll Out DFS and Sports Betting on ESPN+

Disney Discloses Plans to Roll Out DFS and Sports Betting on ESPN+

After shying away from gambling for years, Disney is dancing to another tune and will formally dip its toe in the waters of sports betting through its ESPN+ content streaming platform to strengthen the appeal of the channel.

December 13, 2020
Suspicious Transaction Reports and Their Impact on Effective AML

Suspicious Transaction Reports and Their Impact on Effective AML

The number of Suspicious Transaction Reports provided to the Maltese FAIU shows promise for the way in which remote gaming operators can help combat criminal elements in the marketplace, however, there could still be room for improvement.

December 12, 2020
Sweden's Most Expensive Breakfast at 20,000 SEK

Sweden's Most Expensive Breakfast at 20,000 SEK

Poker players have offered up to 20,000 SEK in an auction for the chance to sit down for breakfast with Sweden’s Minister of Social Security. Are sausages and toast enough to change the current pandemic regulations imposed on gamblers in the country?

December 11, 2020
Music Giant Spotify Looks to Step into Cryptocurrency

Music Giant Spotify Looks to Step into Cryptocurrency

Spotify is ready to pioneer a new path for mainstream music platforms by adopting blockchain crypto technology. Their job posting for an associate director to head up all blockchain-based business has sparked excitement in the industry.

December 9, 2020
GamCare & YGAM Expand their Youth Program to Northern Ireland

GamCare & YGAM Expand their Youth Program to Northern Ireland

UK’s top charity organizations, GamCare and YGAM have launched their Young People’s Gambling Harm Prevention Programme in Northern Ireland to safeguard future generations against potential harms from compulsive gambling and gaming.

December 9, 2020
IGT Announces the Sale of Italian B2C Gaming Business for $1.15 Billion

IGT Announces the Sale of Italian B2C Gaming Business for $1.15 Billion

In a bid to pay down its debt, rebalance its business and enhance its financial flexibility, IGT has moved to sell off its Italian B2C gaming business in a $1.15 billion deal. The transaction is expected to close by the first half of 2021.

December 7, 2020
Great Canadian Investors Infuriated by Apollo Global Acquisition Offer

Great Canadian Investors Infuriated by Apollo Global Acquisition Offer

A multi-billion dollar bid for Great Canadian Gaming Corporation has been met with vehement resistance by shareholders, despite being way above the market cap. Is this greed, a negotiation tactic or is something big on the horizon for GCG?

December 6, 2020
Flutter Announces a $4.18 bn Deal to Gain 95% Ownership of FanDuel

Flutter Announces a $4.18 bn Deal to Gain 95% Ownership of FanDuel

Sports betting and fantasy sports giant, Flutter Entertainment, which formerly operated under the Paddy Power Betfair brand name, will be upping its majority stake in FanDuel from 57.8% to 95% in a new transaction worth over $4 billion.

December 6, 2020
Texas Pro-Casino Lobby Could Go up in Smoke

Texas Pro-Casino Lobby Could Go up in Smoke

Casino millionaire, Sheldon Adelson, gets ready to lobby hard in 2021 to push his undisclosed agenda as the Texas government may face the call to legalise one of two controversial trade markets.

December 2, 2020
Sportech to Sell its Global Tote Business to BetMakers for $41.3 Million

Sportech to Sell its Global Tote Business to BetMakers for $41.3 Million

ASX listed BetMakers Technology Group is eyeing Sportech PLC’s Global Tote business to bolster its US operations especially in the horseracing betting sector. Sportech’s shareholders will be having a meeting on the week of 21st December for a vote.

December 2, 2020
Gambling-Focused Cryptocurrencies Exceed $150m Valuation

Gambling-Focused Cryptocurrencies Exceed $150m Valuation

With a gambling world rapidly turning to the digital space, cryptocurrency is looking more and more like the logical choice for online gaming. The market capitalisation statistics reveal that investors and players alike, agree.

December 1, 2020
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