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Summer Sports Betting Frenzy: Opportunities and Innovations

The packed summer sporting schedule presents a golden opportunity for gambling companies to attract new customers and drive significant revenue gains. Industry leaders from Betfred, Paddy Power, and Kambi are strategically positioning themselves to capitalize on this period, offering innovative products and targeting new betting markets. The excitement kicked off with the start of Euro…

Swedish Regulator Spelinspektionen Appeals Court Decision Against Zimpler AB

Swedish regulator Spelinspektionen has taken a significant step by appealing the Linköping administrative court’s decision, which annulled an injunction against payment provider Zimpler AB. This move highlights the ongoing tension between regulatory bodies and payment service providers in the context of the online gambling industry. Spelinspektionen had previously warned Zimpler of a potential fine amounting…

Bulgaria Strengthens Anti-Money Laundering Measures in Gambling Sector

Bulgaria has taken significant steps to fortify its anti-money laundering (AML) measures, particularly within the gambling sector. According to a follow-up report by Moneyval, a Council of Europe oversight body, these improvements now align Bulgaria’s AML regulations with international standards. This progress is a marked shift from the previous findings, highlighting the country’s commitment to…

Swiss Federal Council Grants New Casino Licenses from 2025

The Swiss Federal Council has announced a landmark decision to grant all casinos new licenses starting from 2025. This strategic move aims to reshape the casino landscape in Switzerland, ensuring that the industry continues to thrive under a secure and responsible framework. Following a delegate meeting of the Swiss casino industry on May 22, it…

Netherlands Proposes Significant Gambling Tax Increase

The gambling tax in the Netherlands could see a substantial increase to 37.8% following a coalition agreement between four political parties. This proposal marks a significant shift in the regulatory landscape for the country’s gambling industry. According to a report by CasinoNieuws.nl, the budgetary appendix to the agreement indicates that the gambling tax rate in…

EveryMatrix Achieves Record Revenue Growth in Q1

Revenue alone hit an impressive €80 million, marking another 66% increase compared to Q1 2023. EBITDA also reached a new pinnacle, soaring by 111% to €22.3 million. The EBITDA margin for the quarter was 57%, a significant rise from 45% in Q1 2023, setting yet another record. EveryMatrix attributed this success to new client launches,…

Cybersecurity Breach at Olympia Gaming Casinos

Olympia Gaming recently announced a significant cybersecurity breach affecting its casino operations. The company acted promptly to secure its systems and has launched a comprehensive investigation with the assistance of top-tier cybersecurity experts. Upon discovering the breach, Olympia Gaming took swift action to mitigate any potential damage. The company’s IT team worked around the clock…