News

The decision was made following Sportsbet's cooperation and findings from the auditor evaluating the operator's compliance to AML/CTF regulations. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has accepted an enforceable undertaking from Sportsbet to enhance the sportsbooks’ compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. Following a comprehensive review of entities in the corporate bookmaker sector,…

Paul Edgecliffe-Johnson is stepping down from his role at the company.  Rob Coldrake has been named as the new group Chief Financial Officer (CFO) of Flutter.  With this news, Paul Edgecliffe-Johnson will be stepping down from his role as group CFO and Executive Director at the company.  Coldrake comes to this role with relevant experience, having…

The Group has highlighted its Leisure and Hospitality sector as the main contributors to the revenue increase. Genting Malaysia announced its 2024 first quarter financial results, which totalled MYR7.43bn (US$1.58bn), a 28% increase when compared to last year’s MYR5.82bn. Its adjusted EBITDA has been valued at MYR2.57bn, an increase of 40% year-on-year. Its group net…

Mok will step into the position as of 11 June.   The Star Entertainment Group has announced the appointment of a new Chief Operating Officer (COO) in Jeannie Mok, who will begin her new role on 11 June.  Mok is set to move on from her most recent position as Chief Transformation Officer at Crown…

RGB attributed this to their key growth in the Philippines, with a recent successful project awarded by PACGOR. Malaysia’s RGB International Bhd has announced a year-on-year profit increase of 112% in its first quarter of 2024, with a sum of MYR25.3m ($5.4m) profit before tax. Revenues in Sales and Marketing grew 154% year-on-year and 120%…

Mark Bowen was said to have placed 95 bets on football matches.  The Football Association has charged Reading FC’s Head of Football Operations, Mark Bowen, in relation to breaches of the governing bodies betting rules.  It has been alleged that the former professional footballer placed 95 bets on football matches between April 2022 and January…

The European Council's approval is the final step in the EU legislative process.  The European Gaming and Betting Association (EGBA) has shown support for the EU’s anti-money laundering (AML) package, which was finalised on 30 May. The European Council approved the EU’s new AML package, finalising the union’s new framework for combatting financial crime. This is…

The deal will see both parties provide games to each other’s content aggregation solutions.  As part of a new, multi-layered partnership, LuckyStreak will now offer its live dealer games and additional content to players in the Italian market through Nemesis’ network of platforms.  Additionally, Nemesis’ portfolio of 34 slot games, currently available in the Italian…

The exchange offers fees of 3% on net winnings. BetDex has announced the launch of the BetDex Exchange, a sports betting exchange which aims to give bettors the best price when it comes to odds. The BetDex Exchange provides odds for a variety of sports, such as football, baseball, hockey, cricket and others, and offers…

Aris Dimarakis and Christos Tzalavras have stepped into the roles.  Kaizen Gaming has announced the appointment of Aris Dimarakis as its new Deputy CEO and Christos Tzalavras as its new Chief Product Officer (CPO).  Dimarakis will work as Deputy CEO alongside his current role as Chief Operating Officer (COO), where he oversees Kaizen Gaming’s operations…