News

Key Moments: The Lithuanian Gambling Supervisory Authority (LPT) has launched an investigation into Olympic Casino Group Baltija’s Olybet brand for suspected unauthorized promotions at a Fan Zone near Vilnius’ White Bridge. Changes to Lithuania’s Gambling Law enacted on July 1 prohibit outdoor gambling advertising, with Olybet-branded displays at the Fan Zone allegedly breaching these updated regulations. The LPT reported that previous guidance was not followed and has asked Vilnius Municipality to introduce corrective measures to address the situation. Regulatory Focus on Olybet Branding Olympic Casino Group Baltija, the operator of…

Key Moments: 80% of surveyed registered voters say sports event contracts should be regulated like traditional gambling 70% of respondents express concern that prediction markets are exploiting regulatory loopholes 64% believe regulators and companies share responsibility for responsible gambling practices Public Opinion Trends Toward Stricter Regulation A newly published report from the American Gaming Association (AGA), using data collected by YouGov, shows a strong consensus among Americans on the need to regulate sports event contracts. The insights are drawn from an online poll of 2,025 registered voters, conducted from August…

Key Moments: Zenith has established a robust B2B presence in Asia and Latin America and is now targeting both mature and emerging global markets. The company leverages its proprietary technology, such as ALIZE studio and OneAPI, to customize content and streamline integrations in different regions. Zenith’s strategy focuses on data-driven, localized content tailored to each market, supported by partnerships with over 150 studios worldwide. Global-First Expansion Strategy Zenith has earned recognition in the iGaming industry for its strong track record as a B2B partner, particularly through its successes in Asia…

Key Moments: Caesars Entertainment was removed from the S&P 500 index due to declining market capitalization. Caesars Digital recorded second quarter revenue of $343 million and EBITDA of $80 million. Bain & Company continues to recommend a “buy” for Caesars, citing $59 per share as its target price. Index Downgrade Reflects Shifting Market Capitalization Caesars Entertainment, headquartered in Nevada, has been taken out of the S&P 500 index following a decrease in its market capitalization below the index’s required threshold. S&P Dow Jones announced this change last week, highlighting a…

Key Moments: Playtech posted adjusted EBITDA of €91.6 million for H1 2025, which met its previously revised expectations, but represented a 16 percent year-on-year decline. North American revenues soared 64 percent year-on-year, reaching €21.8 million amid new state launches and Live Casino expansion. Playtech returned approximately €1.8 billion to shareholders through a special dividend, following the sale of Snaitech for €2.3 billion. Financial Results and Strategic Adjustments Playtech plc, a leading gambling software developer, reported its results for the six months ended 30 June 2025, reflecting progress in its transition…

Key Moments: Norway’s center-left coalition has held onto a slim majority, maintaining the existing gambling system Norsk Tipping’s monopoly and enforcement against unregulated operators are expected to persist The Progress Party’s stronger opposition role keeps the conversation around licensing models ongoing Election Outcome Ensures Policy Stability The recent election results in Norway have left the center-left in charge with a narrow majority. This outcome means the country’s established gambling framework is unlikely to experience significant changes in the immediate future. Monopoly and Enforcement to Continue Norsk Tipping will retain its…

Key Moments: The NCAA permanently barred three former student-athletes after uncovering sports betting-related match manipulation during the 2024-25 season. The investigation found the players either wagered on their own games, on each other’s games, or shared information enabling others to bet. Text correspondence and financial transactions between ex-teammates exposed the violation, including wagers placed through family and peer coordination. Details of the NCAA Investigation The NCAA officially disqualified Mykell Robinson, Steven Vasquez, and Jalen Weaver from college basketball after an investigation revealed their involvement in sports betting infractions. At least…

Key Moments: Zimpler became the first payment institution to connect directly with Getswish, eliminating the need for separate bank agreements to offer Swish. The new access allows businesses, including those in regulated and international sectors, to onboard Swish faster and at a reduced cost. The launch may prompt increased competition in Sweden’s financial ecosystem as account-to-account payments expand throughout Europe. Groundbreaking Partnership: Zimpler and Swish Zimpler, a Swedish provider of Pay-by-bank solutions, has launched Swish Handel (Swish Commerce) and Swish Utbetalningar (Swish Payouts) for its partners. This development marks the…

Key Moments: Shacks Evolution Studios introduced a Matatu crash game that captures the atmosphere of Kenyan street life. The game allows players to select from six Matatu designs and includes additional vehicle types familiar to Kenyan regions. Shacks Evolution Studios has launched localized versions for markets in Kenya, Ghana, Nigeria, and Ethiopia. Highlighting Local Culture Through Gaming Moreover, Shacks Evolution Studios launched a new Matatu crash game that actively immerses players in Kenyan street life. The innovative game brings the dynamic feel of the Matatu – a familiar mode of…

Key Moments: Kangwon Land Inc obtained a court decision permitting more time for quarterly Abandoned Mine Fund payments. The initial quarterly installment of KRW 44.7 billion was scheduled for May 2025, following a legislative amendment. Despite the payment restructure, Kangwon Land continues its major expansion, including a new casino building set for early 2028. Legal Ruling on Payment Schedule Kangwon Land Inc has achieved a partial courtroom win related to its payments to South Korea’s Abandoned Mine Fund. Judges determined that, although provincial legislation demanding quarterly contributions instead of biannual…