Super Group declared its first dividend after a strong financial performance, including increased revenue and profit in the first quarter of 2024. Super Group, the parent company of Betway and Spin, has declared a dividend program and its first cash dividend on its ordinary shares, set at $0.10 per share. This follows the Board of Directors’…
The proposed ban, in which individuals involved in online gambling would be fined up to PHP 500,000 (US$8,536) or imprisoned for up to six months, was made in the wake of the recent Philippine Offshore Gaming Operator (POGO) raids. In the wake of the latest raid on illegal POGOs, where human trafficking, murder and money laundering…
There will be four new Board Committees, each chaired by a different director. Macau’s SJM Holdings has recently announced its new Board of Directors and their new roles and functions. The announcement was released in the company’s latest notice to investors, after the group’s annual general meeting. According to the notice, Daisy Ho Chiu Fung…
Tribal gaming revenue reached a record $41.9bn in FY23, according to the National Indian Gaming Commission (NIGC). The National Indian Gaming Commission (NIGC) has reported a gross gaming revenue (GGR) of $41.9bn for the fiscal year 2023. This figure represents a 2.4% increase from the FY22 GGR result. The announcement was made by Chairwoman Sharon M…
As part of the contract, STDM will pay a rent corresponding to 18% of its pre-tax profits to the government. The Macau Government has approved a five-year concession for Macau company STDM to operate the Macau Outer Harbour Ferry Terminal. The contract was signed between the Secretary for Transport and Public Works, Raimundo do Rosário…
The visa exemptions will be available for travellers with passports from Hong Kong, Macau and Taiwan. Laos’ Deputy Minister of Information, Culture and Tourism, Darany Phommavongsa, has announced the Laos Government will grant free visas to Chinese visitors under a new policy to boost the nation’s tourism campaigns in 2024. As reported by local news…
The announcement adds to the growing list of companies banned in Sweden. Spelinspektionen, the Swedish Gaming Authority, has banned four companies from operating in Sweden without the required licences. The companies affected by this decision are Itsfail Ltd, Teamfail Limited, NewEra BV and Jer-Team NV. Itsfail Ltd and Teamfail Limited were found to offer games…
Adherence to a new certification program will become mandatory starting 1 July 2025. From 1 January 2025, all game suppliers wishing to provide services to gambling operators licensed in Denmark must obtain a licence from the Danish Gambling Authority. Applications for these licences will be accepted beginning 1 September 2024. To assist with this process, the…
The iGaming platform’s new hire has experience developing products in iGaming, payments, crypto and ecommerce. Atlaslive has announced the appointment of its new Chief Product Officer (CPO), with Lasha Kupatadze taking up the role. Kupatadze will look to lead the company’s product management and market expansion strategy, as Atlaslive looks to maintain its continued growth. …
Soft2Bet Invest is set to provide business and financial support for industry innovators. Provider Soft2Bet has debuted its new innovation fund, Soft2Bet Invest, which will provide support for entrepreneurs in the gaming industry who are in the early stages of their business development. The fund is endorsed by the company CEO & Founder, Uri…
