Betting industry news

    Sun International considers M&A and expansion outside of SA in SunBet growth drive

    Sun International considers M&A and expansion outside of SA in SunBet growth drive

    Sun International is exploring significant expansion opportunities for its online betting brand, SunBet, both within and beyond its native South African market. CEO Bengtsson indicated a strategic focus on 'inorganic' growth, suggesting potential mergers and acquisitions to accelerate its development. This move signals a major strategic shift and growth initiative for the company.

    Industry stakeholders join forces for first Africa Safer Gambling Week

    Industry stakeholders join forces for first Africa Safer Gambling Week

    Industry stakeholders have collaborated to launch the inaugural Africa Safer Gambling Week, a continent-wide initiative aimed at promoting player protection and responsible gaming practices. This marks a significant step for Africa's gambling sector in addressing safer gambling on a broad scale. The event will involve various educational and awareness campaigns across participating regions.

    BreakingRegulatory

    Lula signals tougher action on betting in Brazil

    Brazilian President Luiz Inácio Lula da Silva has indicated the government may implement tougher measures on online betting following concerns raised by civil-society groups regarding gambling-related debt, addiction, and household losses. This signals potential regulatory shifts in the recently regulated Brazilian iGaming market.

    Dutch parliament united on illegal market enforcement as government pledges open dialogue with Meta and Google

    Dutch parliament united on illegal market enforcement as government pledges open dialogue with Meta and Google

    The Dutch government plans to continue discussions with Meta and Google to combat illegal gambling advertisements on their platforms, signaling a concerted effort against the black market. Only after successfully addressing the illegal market will the government reconsider the possibility of increasing the gambling age in the Netherlands. This highlights an ongoing focus on regulatory enforcement and potential future policy changes.