Industry expert Ron Mendelson of Fast Offshore looks at Nevis’ new online gambling legislation. The island of Nevis has taken a big step to become a major player in the online gambling industry by passing new legislation to regulate iGaming. The Nevis Online Gaming Bill 2025 was officially enacted on April 29 and now the […]
The decades of fidelity to the gambling of a Michigan resident has brought the desirable outcome: the life-changing award. A whopping $6 million prize that originate from a scratch-off ticket. Now aged 60, the man, who wants to remain anonymous, has recently hit the jackpot, making his 40 years of playing an old hat. The […]
On April 24, 2025, the last land-based casino in Sweden — Casino Cosmolot in Stockholm — had its final day of operation. The operator Svenska Spel, which managed land-based facilities in the country, confirmed that from this point on, Sweden’s gambling industry will continue to develop exclusively online. Earlier this month, the Swedish Parliament voted […]
Bybit CEO: Only 3.84% of the total amount of crypto assets stolen in February have been frozen so far
April 27, 2025As a result of a cyberattack by North Korean hackers in February this year, crypto exchange Bybit lost approximately $1.46 billion worth of ETH (8% of Bybit’s total reserves). Bybit CEO Ben Zhou wrote on social media platform X that as of today, only 3.84% of the stolen amount has been frozen. The […]
Central Bank of Brazil: we lack the authority to block transactions to illegal operators
April 20, 2025The President of the Central Bank, Gabriel Galípolo, speaking in the country’s parliament last week, stated that any blocking of transfers to illegal operators is only possible after notification from the responsible regulatory body — SPA. Without a request from the SPA, blocking transactions is essentially impossible. Given that the regulator may take […]
A major shift is underway in the gambling market: the legendary provider Novomatic, whose slot machines are known to millions of players around the world, has officially received a B2B license in the United Arab Emirates. This move opens the door for the company to enter one of the most closed-off yet promising markets […]
Overall Indicators and GGR Structure of the Spanish Market in 2024 Spain continues to firmly hold its position as one of the largest and fastest-growing gambling markets in Europe. In 2024, the country’s gambling market set new records, with the Gross Gaming Revenue (GGR) reaching a historic €1.45 billion, a 16.9% increase compared to the […]
Casino Guru: A 5-Year-Old Dispute Resolution Powerhouse
October 31, 2024Launched in August 2019, Casino Guru’s dispute resolution service has been a game-changer for players and operators alike. In its five years of operation, the service has: Handled over 42,000 player complaints, with over 12,000 resolved in favor of the player. Facilitated the return of over $33 million to players through complaint resolution and negotiations […]
XLMedia struck a tentative deal to sell its remaining assets, which were previously part of their Sportradar subsidiary, for $30 million. The agreement hinges on shareholder approval at a meeting scheduled for November 7th. Here’s the breakdown: Upfront payment: XLMedia pockets $20 million right away. Performance bonus: An additional $10 million could be awarded by […]
Largest M&A Deals with Affiliates in the Last 2 Years
October 27, 2024Here’s a breakdown of some of the biggest affiliate industry mergers and acquisitions (M&A) deals that have happened in the past two years (as of October 2024). 2022: January: SharpLink Gaming acquires FourCubed LLC for $8.2 million. April: Better Collective buys Futbin.com for €105 million. September: SharpLink Gaming buys SportsHub (deal value undisclosed). October: Acroud […]
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