Finances

Enforcement Case and Settlement Agreement The settlement between Gibraltar’s Gambling Division and the Gibraltar-based operator came after an enforcement case uncovered deficiencies related to the handling of two customer accounts...

Strong Financial Performance in Q2 2024 Gentoo Media, previously known as GiG Media, has reported record-breaking financial results for the second quarter of 2024. The company achieved revenues of €30.3 million,...

Strong Focus on Low-Risk Gamblers Svenska Spel’s Q2 net gaming revenue reached SEK 1.87 billion (€166 million), with 93% coming from low-risk customers who engage in responsible gambling. This represents a...

AUSTRAC’s Investigation Findings AUSTRAC’s investigation revealed that Tabcorp had neglected its responsibilities in several critical areas of compliance. The company failed to implement adequate systems to monitor and report suspicious transactions,...

Revenue Grows Despite Flat EBITDA Performance Better Collective, a leader in sports betting media, reported strong revenue growth for the first half of 2024, reaching €194 million, a 17% increase...

Swedish Government Introduces Higher Gambling Tax On July 1st, Sweden raised its gross gaming revenue (GGR) tax on gambling operators from 18% to 22%. The increase is expected to generate over...

Online Gambling Revenue Reaches New Heights Portugal's online gambling sector continues its upward trajectory, with revenue reaching a record-breaking €261.8 million in the second quarter of 2024. This marks the eighth...

Revenue and Profit Growth For the fiscal year ending June 30, 2024, Rank Group reported strong financial performance, with a 9% increase in like-for-like Net Gaming Revenue (NGR) to £734.4...

Revenue Decline and Escalating Losses In the first half of 2024, Evoke Plc reported a notable decline in its financial performance, with revenue falling 2% year-over-year to £862 million. This...

Growth in Betting Technology and New Client Onboarding During the second quarter, Sportradar successfully onboarded 46 new betting clients to its main trading platform. This expansion contributed to a significant...

This growth is particularly notable given the government's implementation of stricter regulations, including a reduction in the weekly loss limit and a comprehensive ban on advertising that took effect...