Betting industry news

    ANJL protests exclusion from Brazil's government meeting on betting's social impact

    Brazil's National Association of Games and Lotteries (ANJL) has formally protested its exclusion from a government meeting convened by President Lula to discuss the social impacts of online sports betting. ANJL highlighted that no regulated industry representatives were invited, despite their significant role in the sector. The association emphasized the importance of industry input for creating effective and balanced regulations.

    Lottomatica/Cirsa tie-up shines spotlight on North Africa's online betting licensing gap

    Lottomatica/Cirsa tie-up shines spotlight on North Africa's online betting licensing gap

    Lottomatica's acquisition of Cirsa integrates four Moroccan casinos into a major European gambling group, with Morocco contributing a small but notable portion of Cirsa's revenue. The deal highlights the absence of clear online betting licensing frameworks in North Africa, despite the growing presence of major operators in the region's land-based sector. Neither company has announced intentions to pursue online licenses there.

    Newcastle United pens multi-year deal with LeoVegas’ BetMGM

    BetMGM, part of LeoVegas Group, has secured a multi-year deal to become Newcastle United's official UK and European betting partner, expanding on their existing 2023 relationship. The agreement ensures prominent BetMGM branding at St James' Park, including LED advertising and media walls. This partnership strengthens BetMGM's presence through association with a major Premier League club.

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    Stake called out in Nigeria for operating without relevant licences

    Stake has been added to Nigeria's 'blocked list' and banned across all 24 states within the Federation of State Gaming Regulators of Nigeria (FSGRN). The Lagos State Lotteries and Gaming Authority (LSLGA) deemed Stake's operations in the country illegal due to a lack of relevant licenses. This action highlights a growing enforcement trend against unlicensed operators in African markets.

    IAGR highlights Responsible Gaming Education Month ahead of global regulatory discussions in Lima

    The International Association of Gaming Regulators (IAGR) is observing Responsible Gaming Education Month in September, emphasizing the critical role regulators play in player protection and advancing safer gambling practices. This initiative precedes global regulatory discussions in Lima, where topics like evidence-based player protection and self-exclusion will be examined across jurisdictions.

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    German law enforcement raids suspected €5.8bn illegal online gambling ring

    German law enforcement raids suspected €5.8bn illegal online gambling ring

    German law enforcement has raided a suspected illegal online gambling ring with an estimated turnover of €5.8 billion, leading to arrests and asset seizures across multiple countries. This significant bust prompted industry associations DSWV and DOCV to call for a review of the GGL's channelisation estimates, highlighting ongoing concerns about the effectiveness of current German gambling regulations.

    Read the full Spectrum Gaming Group report, published in the latest twist in Playtech vs Evolution saga

    Read the full Spectrum Gaming Group report, published in the latest twist in Playtech vs Evolution saga

    This article provides access to the full Spectrum Gaming Group report, which is central to the ongoing dispute between iGaming giants Evolution and Playtech. The report's contents are crucial for understanding the specifics of the conflict, which has significant implications for both companies and the broader live casino sector. This represents a key development in a major industry legal/business saga.

    Robinhood to stop offering sports-related event contracts in Michigan amid ongoing litigation

    Robinhood Derivatives has agreed to cease offering new sports-related event contracts to customers in Michigan and will close out existing positions by October 9th, following an agreement with the Michigan Gaming Control Board. This action comes amid ongoing litigation and makes Robinhood the second platform to withdraw such offerings from the state this year.

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    FATF issues stark warning as money laundering threat rises with black market presence

    The Financial Action Task Force (FATF) has issued a critical warning to regulators, stating that gambling platforms are increasingly being exploited for money laundering activities, particularly as black market operations expand. This alert signals a heightened focus on combating financial crime within the industry, especially in Europe, potentially leading to more stringent regulatory measures.