Stuart Hughes
Senior World Affairs Producer at BBC
BBC Journo. Landmine Survivor. @MAGsaveslives Patron. @SBCFoundation Ambassador. @Dartcenter Euro Director. @Journalism_BU Fellow. @JSchofieldTrust Snr Fellow.
Articles
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5 days ago |
casinobeats.com | Stuart Hughes
Sweden’s gambling regulator, Spelinspektionen, has just fined Spooniker Ltd—a subsidiary of Kindred Group—$1.1 million (SEK 10 million) for failing to sufficiently vet its customers. The Swedish Gambling Authority announced the penalty in a statement on Monday. The penalty underscores the importance of operators complying with the nation’s anti-money laundering (AML) practices.
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5 days ago |
casinobeats.com | Stuart Hughes
The Dutch gambling regulator (KSA) has announced a wave of fresh funding pledges in a bid to bolster public awareness of risks related to problem gambling. The Kansspelautoriteit (KSA) announced its Addiction Prevention Fund (VPF) drive earlier this week. It stated that it will support four educational programs, prioritizing its commitment to tackling gambling-related risks.
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5 days ago |
casinobeats.com | Stuart Hughes
UK sports betting data specialist Genius Sports Limited posted its Q1 earnings on Tuesday, May 6. Revenues hit $144 million, a 20% year-on-year (YoY) increase. The London—and New York-based firm also nearly tripled its adjusted EBITDA to $19.8 million, representing a 188% uptick from the same quarter in 2024. The company credited the significant revenue growth to its betting technology division, which rose by 44% to just over $106.5 million.
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6 days ago |
casinobeats.com | Stuart Hughes
Last week, the casino sector in Macau posted its April figures, revealing a modest 1.7% year-on-year (YoY) gain in its gross gaming revenue (GGR), totaling US$2.36 billion for the month. Following a slow start to the month, April’s figures unexpectedly surpassed analysts’ expectations. However, it marked a notable 4.1% drop from March’s tally and remained 20% below 2019 pre-pandemic levels. Industry insiders believe that April’s late recovery resulted from a surge of Easter holiday tourists.
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1 week ago |
casinobeats.com | Stuart Hughes
In a move that effectively concludes a lengthy two-year legal battle over election markets, the U.S. Commodity Futures Trading Commission (CFTC) has announced it was dropping its appeal against prediction market operator Kalshi. The result effectively paves the way for Kalshi and others to offer lawfully sanctioned election-based event contracts in the United States.
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Sorry not to be there in person today but it’s a chance to indoctrinate my non-football supporting nephew. #BrentfordFC #BRETOT @ The Roundhay, Leeds https://t.co/tiULMkZV0z
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