The country's Gross Gaming Revenue reached Php410bn last year, a significant increase from the previous year's Php329bn. Key points: – The Philippine gaming industry saw a 25% increase in GGR in 2024, reaching Php410bn despite the POGO ban – E-Games and E-Bingo grew by 165% year-on-year, aided by a reduction in licence fees from 50-55%…
The Commission has sought settlement approval from the US District Court. Key points: Key points: – The CFTC has requested permission from the US Court of Appeals to settle with Kalshi – The CFTC has requested permission from the US Court of Appeals to settle with Kalshi – If granted, this move would likely…
A year after launching in Argentina, Betano has partnered with one of the biggest clubs in the country. Key points: – Kaizen Gaming has signed a partnership with Argentinian football club, Club Atlético River Plate – Betano will be the brand featured on the front of the players’ shirts – The partnership will be active…
A Government representative stated that, when wagers are involved, these games can no longer be considered games of skill. Key points: – Government and gaming industry representatives have debated status of games of skill when wagers are placed against them – They have also debated whether these wagers are subject to the nation’s Goods…
The initiative aims to help women pursue higher-level coaching certifications by providing financial and educational support. Key points: – Svenska Spel will support the “Coach Lift” initiative to boost the number of trained female football coaches – Since 2023, 144 women have received UEFA B licences through the program, with 48 more set to join…
The projects are aimed at raising awareness about the risks associated with gambling and target a broad range of demographics, including students, healthcare professionals, footballers and individuals with low literacy or intellectual disabilities. Key points: – KSA is funding four information projects about gambling risks through its Addiction Prevention Fund – Projects include professional e-learning,…
The Soft2Bet subsidiary has debuted its mobile sports betting app in the province. Key points: Key points: – The ToonieBet platform has launched its mobile sportsbook app in Ontario – The ToonieBet platform has launched its mobile sportsbook app in Ontario – This update comes closely following the platform’s launch in the province – This…
The initiative features a wide range of activities, including roadshows, interactive games, online quizzes and advanced training modules designed to enhance awareness of responsible gaming principles. Key points: – MGM China’s new ‘Responsible Gaming Employee Care Program’ aims to strengthen employee awareness through activities including roadshows, interactive games and advanced training courses – The initiative…
The partnership will integrate CopyBet's integrity data from its online betting platform into IBIA's global monitoring network. Key points: – CopyBet has joined the International Betting Integrity Association (IBIA), integrating with a monitoring network that oversees over $300bn in annual betting turnover – The membership aims to enhance integrity monitoring coverage across CopyBet’s UK and…
Following the positive results, the Board of Directors is feeling confident enough in the long-term profitability and cash flow outlook to launch a share repurchase programme. Key points: – Genius Sports has reported a 20.3% boost in revenue, although there was not growth across every vertical – Net loss improved by 67.9% to $8.2m, which…
