News

Thailand

Thailand Moves Closer to Legalizing Casino Industry Under New Prime Minister

On Friday, September 6, Thailand welcomed its new prime minister, Paetongtarn Shinawatra, who is expected to oversee the introduction of legislation that could lead to the establishment of up to five casino resorts in the country. During a recent public consultation, an overwhelming 80% of attendees supported the proposal initially presented by former Prime Minister […]

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betway

Chelsea FC Partners with Betway as New Official European Betting Sponsor

Chelsea Football Club has announced a new partnership with Betway, a brand under Super Group, making Betway the Premier League team’s Official European Betting Partner. As part of this collaboration, Betway’s logo will be prominently featured on the LED advertising boards at Stamford Bridge during all domestic matches. Additionally, Betway and Chelsea FC will work

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gambling

Belgium Enforces New Ban on Gambling for Those Under 21

Belgium has introduced new regulations that set the minimum gambling age at 21 across all forms of gambling. This standardization brings sports betting, arcades, and bingo in line with land-based casinos, which have required players to be at least 21 since 2018. The decision, finalized in February 2024 and enacted by royal decree last month,

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DraftKings

DraftKings to Acquire In-Play Betting Company Simplebet

DraftKings announced on Wednesday, August 28, its agreement to acquire Simplebet, a move aimed at enhancing its in-play betting capabilities and advancing its AI-driven offerings. This acquisition marks DraftKings’ second significant purchase of the year, following its acquisition of digital lottery company Jackpocket in May. Earlier in the year, DraftKings also acquired SportsIQ Analytics and

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Australian Gambling Helpline Advocates for Comprehensive Ad Ban to Safeguard Vulnerable Groups and Children

Australian Gambling Helpline Advocates for Comprehensive Ad Ban to Safeguard Vulnerable Groups and Children

The Self Help Addiction Resource Centre (SHARC), an Australian charity focused on addiction support, has endorsed a comprehensive ban on gambling advertisements to protect children and individuals at risk of gambling-related harm. The Australian government is currently considering a scaled-back version of the blanket gambling ad ban that was proposed in the 2023 Murphy Report.

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Evoke

Evoke Acquires Winner.ro in a Strategic €10 Million Deal to Strengthen Romanian Market Presence

Evoke, the operator behind renowned brands such as William Hill, 888, and Mr Green, has strategically acquired New Gambling Solutions S.R.L., the company that operates Romania’s Winner.ro. This move will see Evoke integrate its existing Romanian operations and invest €10 million ($11.12 million) for a 51% stake in the firm. The acquisition will merge 888.ro

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Better Collective

Q2 2024: Better Collective Lowers Playmaker HQ Price by $31 Million

Better Collective has reported strong Q2 2024 results and disclosed a revised, lower acquisition price for Playmaker HQ following its underperformance. In Q2, Better Collective achieved a 27% year-on-year revenue growth, reaching €99 million, with organic sources contributing 5% to this increase. Recurring revenue also rose by 26% year-on-year to €62 million, making up approximately

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Playtech

Playtech Confirms Negotiations with Flutter for £2bn Snaitech Sale

Playtech has announced ongoing negotiations with Flutter Entertainment regarding the sale of its Snaitech business. On Wednesday, August 14, Sky News reported that Flutter is in discussions to purchase Playtech’s Italian division in a deal valued at around £2bn (€2.3bn/$2.6bn). Playtech revealed that Flutter is conducting due diligence on the business, having been granted a

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DoubleDown

DoubleDown Eyes Further M&A as Real-Money Gaming Spurs Q2 Revenue Growth

Social casino specialist DoubleDown Interactive is considering new acquisition opportunities following its entry into real-money gaming with SuprNation, but maintains that it is not transforming into solely an igaming company. Acquired for $36.5 million in November last year, the SuprNation deal marked DoubleDown’s expansion into real-money gaming. Q2 was the second full quarter that SuprNation

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Nuvei

Nuvei Agrees to Acquire Pay2All in Brazil, Accelerating LatAm Expansion

Nuvei Corporation, a leading payment technology partner, has announced a definitive agreement to acquire Pay2All, a licensed payment institution in Brazil. On April 18, Brazil’s Ministry of Finance’s Prizes and Betting Secretariat (SPA) published Normative Ordinance No 615 in the Official Gazette of the Union. This ordinance mandates that payment institutions must obtain authorization from

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