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DraftKings to acquire Jackpocket for $750m

DraftKings is to acquire lottery app Jackpocket for $750m (€696.7m/£596.0m) in a deal expected to generate up to $340m in additional revenue annually. DraftKings will pay around 55% of the purchase price in cash from its balance sheet with no capital raise required. The deal comes as Draftkings noted in its Q4 results that it had […]

Germany’s DSWV calls for changes as black market betting grows in 2023

15th February 2024 | By Richard Mulligan Germany’s leading sports betting trade group has reiterated calls for changes to gambling rules as its members lost market share to illegal operators in 2023. The German Sports Betting Association (DSWV) said its data for 2023 showed a 5.4% decrease in stakes compared to the previous year. A survey it […]

Gambling Act review should bring reform, says survey

A survey conducted on behalf of Gambling With Lives found that 66.9% of participants believe the much-anticipated Gambling Act review is an opportunity to reform gambling in the UK. Collectively, 1,009 people were surveyed, who were all based in the UK. The survey took place between 29 March and 2 April. It was compiled by […]

New research disputes problem gambling rate in Great Britain

A new report into the fiscal benefits and costs of gambling in Great Britain has estimated the current problem gambling rate to be 0.7% of the population, higher than the previous figure published by the Gambling Commission. In October 2022, the Gambling Commission released its latest gambling participation and prevalence survey, in which it said the overall problem […]

Sweden approves eight additional B2B licences

Swedish regulator Spelinspektionen approved eight additional supplier licences for providers who wish to continue offering their services to operators after 1 July. The gaming software licences are to be a requirement for any B2B business that continues its relationships with operators in Sweden. The new requirement – which was passed by the Swedish legislature in November – […]

Africa: How local operators can outmanoeuvre the power players

Christophe Casanova, COO and co-founder of Honoré Gaming, says that opportunities still exist for smaller brands in Africa – despite the arrival of tier-one brands including 888, Entain and Bet365. The Africa opportunity is significant, but the jurisdiction has been something of a sleeping giant until recently with some operators hesitant to get in on […]

Sweden issues first supplier licences

The Swedish regulator Spelinspektionen announced today that it has issued its first three gaming supplier licences. The Swedish regulator Spelinspektionen announced today that it has issued its first three gaming supplier licences. The five-year licences have been awarded in advance of 1 July, when the regulator will make the possession of such a licence a […]

Setting the standard: Is the Betting and Gaming Council fit for purpose?

The industry standards body might think it’s providing the representation the industry needs. But Jon Bruford begs to differ. He argues the BGC is in fact taking an approach that further polarises two opposing sides. Great Britain flag I was fresh out of ideas for a podcast episode recently, so I suggested to my co-host […]

Delivering sustainable growth during esports’ market correction

As esports continues to grow in popularity, Oliver Niner, head of sales at PandaScore analyses how the industry performed in 2022 – and says the best is yet to come in the year ahead. Much of the talk of esports over the past few years has been that there will be this moment of critical […]

Gambling industry shows support for International Women’s Day campaign

Ahead of International Women’s Day on 8 March, operators, associations and more across the industry have shown their support for this year’s #EmbraceEquity campaign. Over 50 organisations – led by All-in Diversity and Square in the Air – have joined forces to support this year’s International Women’s Day #EmbraceEquity campaign. Major operators including BetMGM, Betsson, […]

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