With offers dating back to at least 2022, Bally’s has finally agreed to a deal with Standard General. Bally’s Corporation has entered into a definitive merger agreement with Standard General L.P. Standard General has made several attempts to acquire the company in the past, with the first bid in 2022 at $38 per share, then…
The BGC has argued that the GSGB findings might be unreliable due to the potential overstatement of gambling participation and related harms. It’s been a big day for betting news, especially so in the UK market. Today, the Gambling Commission finally released its new survey on problem gambling, which was always going to attract a…
Dr Joerg Hofmann, Partner at Melchers Law, provides a summary of a key decision issued by the German Federal Court of Justice today. The German Federal Court of Justice (‘Bundesgerichtshof” – BGH) will call the European Court of Justice (ECJ) in regard to the question of whether the freedom to provide services of a sports betting…
It has been highlighted that the methodology used for this survey is different to previous ones, hence the 2.5% rate. The Gambling Commission has released the first annual report of the Gambling Survey of Great Britain (GSGB), which features responses from 9,804 people, which will increase to 20,000 by next year. The GSGB was launched…
The partnership looks to improve the Group’s personalisation techniques. Supplier Gaming Innovation Group (GiG) has entered into a new collaboration with AI and data science organisation, Future Anthem, as part of a bid to enhance its personalisation techniques. The partnership will be operational across multiple platforms – including both sports and casino –…
Gentoo Media extends partnership with bet365 for another year, providing the GiG Comply tool. Affiliate Gentoo Media (formerly GiG Media) has announced the extension of its partnership with bet365 for another 12 months, continuing a collaboration that has now reached its sixth year. This extension allows bet365 to continue using Gentoo Media’s automated compliance and brand…
Game Nation appoints new CEO to lead company through industry changes and potential shift to high street slots. Game Nation, a UK high streets slots operator, has appointed Mark Jepp as its new CEO, effective 2 September 2024. Jepp succeeds Adam Hodges, one of the company’s original founders, who is stepping down after five years…
The collaboration aims to create a frictionless financial vulnerability checking process. EveryMatrix has entered into a new partnership agreement with data analytics platform, beBettor, in an attempt to streamline its financial vulnerability checks. The move comes ahead of changes to UK regulation that were underlined by the Gambling Commission last summer. These changes…
Despite a decline in gaming, overall turnover for SBM was up 7%. Société des Bains de Mer (SBM) has reported its financial results for the first quarter of 2024/25. In total, the operator and its subsidiaries made €218.4m ($236.5m) in consolidated turnover during the period between 1 April and 30 June, up 7% year-on-year. This…
Kambi Group reports Q2 2024 financial results with revenue growth, margin improvement and increased profitability. Sports betting supplier Kambi has reported revenue of €45.7m ($49.4m) for the second quarter of 2024, an increase of 6.5% year-on-year. For the first half of 2024, the supplier’s revenue was €88.9m, up 2.3% compared to the first half of 2023….
