News

Key Moments: MIXI has acquired a 51.59% stake in PointsBet as of Friday evening. The MIXI offer will be open until September 12, providing shareholders with payments according to the current proposal. PointsBet’s board has recommended MIXI’s cash offer, while Betr holds 19.9% and opposes the bid. Majority Ownership Secured MIXI has obtained majority control of PointsBet by elevating its shareholding to 51.59%, bringing an apparent end to competition from rival bidder Betr for the sports betting company. With this move, PointsBet becomes a subsidiary under MIXI’s management, following a…

Key Moments: European Commissioner Michael McGrath confirmed that no Malta-licensed gaming company has received EU funding, either directly or indirectly. The European Commission launched infringement proceedings against Malta after the introduction of Article 56A (“Bill 55”) to its Gaming Act. As of 9 September 2025, Brussels is reviewing Malta’s defense and may escalate the legal procedure to the Court of Justice of the European Union. Clarification on EU Funding for Malta-Licensed iGaming Operators European Commissioner Michael McGrath, who oversees democracy, justice, the rule of law, and consumer protection, has stated…

Key Moments: UK enforcement of the updated CAP Code has already increased compliance expenses into six figures for many gambling operators in the first week The Advertising Standards Authority (ASA) has issued rulings that now act as benchmarks under the expanded regulatory scope Major operators quickly adapted to new rules, while smaller firms and affiliates are scaling back campaigns and promotions Deadline Expansion and Early Enforcement Benchmarks One week after the updated CAP Code came into force, UK gambling operators are navigating a transformed regulatory landscape. Starting 1 September 2025,…

Key Moments: Podium has been providing UK racing content to Dabble since the summer Dabble is expanding its socially driven betting platform to the UK after rapid growth in Australia Podium supplies all UK horse and greyhound racing data to Dabble through Betmakers technology Strategic Collaboration Enhances Social Betting in the UK Podium, a global supplier of sports data solutions, is supplying Dabble with racing content as the app-based betting platform launches for UK bettors. Dabble combines classic wagering features with an interactive, social media-inspired interface, aiming to engage the…

Key Moments: Gambling has accounted for 1.6% of total household expenditures in South Africa, according to the National Gambling Board of South Africa’s 2023 report. The 2023/24 fiscal year saw gross gambling revenue reach R59.3 billion, reflecting a 25.7% increase compared to the prior year. Online gambling services, including sports betting, Lotto, and slots, are at the core of this growth, generating R152.6 billion in 2023, up from R10.1 billion in 2018. Spending Trends Point Toward Gambling Industry Expansion Household expenditure data reveals that gambling has grown into a major…

Key Moments: The Joint Gambling Authority of Germany (GGL) leveraged new regulations from GlüStV to remove more than 200 unlicensed gambling sites from Google search results last year. German iGaming revenue experienced a drop from 3.5 billion Euros in Q1 2025 to 3.22 billion Euros in Q2, with online poker stakes also declining. Stringent advertising and sponsorship restrictions have been implemented to promote safety and responsible gambling within Germany’s regulated market. Regulatory Overhaul Challenges and Defines the Market Germany’s State Treaty on Gaming 2021 (GlüStV) has transformed the country’s online…

Key Moments: The AI-powered sports betting market is forecasted to reach $29.7 billion by 2032. SSTrader has partnered with Palms Bet to introduce the first fully AI-based sportsbook platform. SSTrader’s recent integration with Altenar demonstrates the accelerating adoption of AI across hundreds of sportsbook operators. AI Adoption Reshapes Sports Betting Industry The sports betting world is experiencing a rapid move toward automation, with artificial intelligence beginning to redefine both customer experiences and operational efficiency. Boris Chaikin, CEO of SSTrader, highlighted significant changes as the market increasingly relies on AI technology,…

Key Moments: Virgin Media O2 has identified a notable increase in scam texts involving gambling prizes, recruitment, and car finance during August. The company has already blocked over 600 million scam texts from reaching its customers this year. Customers are encouraged to report suspicious messages for free to 7726, bolstering fraud prevention efforts. Scam Text Incidents Increase in August Virgin Media O2 has called on UK residents to be alert due to a recent escalation in fraudulent text messages. The telecom provider’s review of reported and blocked messages in August…

Key Moments: AUSTRAC intelligence initiated a probe that exposed gold laundering tied to a gambling addiction. A NSW police officer sold over $1,300,000 in family gold bars, using falsified forms and misleading claims. The officer resigned and has been referred to the Department of Public Prosecutions after Operation Dartmoor’s findings. Investigation Initiated by AUSTRAC AUSTRAC’s monitoring identified suspicious activity after transactions involving significant gold sales raised concerns. Some of these sales were traced to a bullion dealer flagged for reported money-laundering connections, leading to the launch of Operation Dartmoor. Law…

Key Moments: British horse racing will suspend all events for one day as stakeholders lobby Parliament in response to a planned increase in remote betting tax rates. The proposed tax change would elevate the rate from 15 percent to 21 percent, with industry leaders warning of the potential loss of thousands of jobs and an annual income drop of at least £66 million. The nationwide stoppage and accompanying campaign, called ‘Axe the racing tax,’ is expected to cost the industry approximately £200,000 in just one day. Industry Mobilizes to Oppose…