Will Underwood

London

Writer at Gambling Insider

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Articles

Raketech reports €61.2m revenue figure for FY 2024

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Raketech has reported a 23% decline in revenue year-on-year to €61.2m - Operating loss also feel 308% to €55m, with adjusted EBITDA falling 38.5% - Overall, the affiliate's outgoings also increased to €116.2m for the year Affiliate Raketech has revealed its full year 2024 financial results, highlighting a 23% decline in revenue year-on-year a total of €61.2m ($69.7m).
Novomatic secures UAE gaming vendor licence

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Novomatic has been awarded a gaming vendor licence in the UAE - This makes the supplier only the third company to enter the nation - Following this update, Novomatic will be able to distribute its land-based gaming products in the nation The General Commercial Gaming Regulatory Authority (GCGRA) of the United Arab Emirates (UAE) has announced the distribution of an official gaming vendor licence to Novomatic, making the supplier one of the first to enter the nation’s market.
PFA Northern Ireland enters RG partnership with Gamban

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - PFA Northern Ireland has partnered with Gamban - The Association has enlisted the provider’s RG services to help protect its player members from gambling harms The Professional Footballers’ Association of Northern Ireland (PFA NI) has unveiled a new partnership with gambling blocking software provider Gamban.
Former prosecutor appointed as Head of Ukraine’s new regulator

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Novikov Gennadiy Olegovich has been appointed as the Head of PlayCity, Ukraine’s new regulator - PlayCity was recently formed following the liquidation of Ukraine’s previous gambling regulatory body - Olegovich’s previous experience includes a four-year term as Head of Ukraine’s National Agency for the Prevention of Corruption According to local reports, former Head of Ukraine’s National Agency for the Prevention of Corruption, Novikov Gennadiy Olegovich, is set to become the...
President of Brazil’s Central Bank requests more power over illegal operators

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Central Bank of Brazil President Gabriel Galípolo has stated that the organisation could require additional powers - Currently the power over illegal betting sites lies solely with the SPA - Galípolo addressed Brazil’s Parliamentary Inquiry Commission to explain the Central Bank’s current role President of Brazil’s Central Bank Gabriel Galípolo has addressed the nation’s Parliamentary Inquiry Commission to clarify the Bank’s sanctioned responsibilities regarding illegal betting...
Reevo enters new collaborative agreement with Comtrade Gaming

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Comtrade Gaming has entered into a new partnership with Reevo - The supplier will now integrate its range of gaming options onto the operator’s platform Supplier Comtrade Gaming has entered into a new partnership with Reevo, which will see the integration of its full portfolio of online gaming options onto the operator’s aggregation platform.
New Jersey Q4 2024 casino revenue falls to $768.9m

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - New Jersey has posted its Q4 & FY 2024 casino revenue figures - Both revenue and gross operating profits have decreased for Q4 & FY 2024 - Caesars Atlantic City saw a sharp rise in Q4 profits, with Borgata acting as the state’s primary revenue driver Figures from the New Jersey Office of the Attorney General and Division of Gaming Enforcement highlight that the state generated a casino revenue figure of $768.9m during the fourth quarter of 2024.
PASPA pioneer Sara Slane joins Kalshi as Head of Corporate Development

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Slane has announced that she will be joining Kalshi as Head of Corporate Development - Slane played a vital role working as SVP of the AGA during to oversee the abolition of PASPA - Her appointment comes during a period of severe legal scrutiny for the operator Sara Slane has announced that she is joining prediction market operator Kalshi as the company’s new Head of Corporate Development.
Public consultation for Ireland’s new gambling framework opens

2 weeks ago | gamblinginsider.com | Will Underwood

Key points: - The GRAI has announced the opening of a public consultation period - Stakeholders and members of the public can now submit their opinions on Ireland’s newly proposed gambling licence process - The public consultation is set to last until the 5 May The Gambling Regulatory Authority of Ireland (GRAI) has announced the opening of its official public licensing consultation period, which will allow for submissions from stakeholders until 5 May 2025.
North Cyprus proposes bill to allow Turkish Cypriots into casinos

3 weeks ago | gamblinginsider.com | Will Underwood

Key points: - Cyprus’ coalition Governement has proposed new casino legislation in the North - The proposed bill would allow Turkish Cypriots into casinos in North Cyprus for the first time ever - This latest update comes amidst additional recent betting-related legislative changes in the nation New proposed amendments to legislation in North Cyprus would allow Turkish Cypriots, who hold a specific TRNC identity card, into casinos in the region for the very first time.