Europe NEWS

Operation Galaxy exposes Antonio Ricci’s illicit empire

Emerging from the depths of Italy, a controversial story has resurface this week. According to the Italian newspaper, Il Globo, the Italian Guardia di Finanza has executed a series of seizures, targeting corporate assets, trusts, and financial holdings linked to a Malta-registered company. This group, firmly established in the online gambling and betting sector, has found itself at the centre of a major investigation.

Evolution’s 2023 achievements – comprehensive year-end recap

In the closing quarter of 2023, Evolution, a leading B2B Online Casino solutions provider, reported impressive financial gains, solidifying its position as a key player in the industry. Operating revenues surged by a notable 16.6 percent, reaching EUR 475.3 million from the previous quarter's EUR 407.5 million. Simultaneously, the EBITDA experienced a robust growth of 20.5%, totalling EUR 337.0 million compared to the previous quarter's EUR 279.5 million. The corresponding margin demonstrated a commendable increase, reaching 70.9 percent from the previous quarter's 68.6 percent. The profit for the period amounted to EUR 282.9 million, contributing to an earnings per share of EUR 1.32.

New era for Irish horse racing as William Hill appoints four new Ambassadors

Earlier today distinguished bookmaker William Hill, announced that it would elevate its association with the horse racing industry. The company introduced four new ambassadors from the Irish horse racing sector, signifying a substantial expansion of its operations in Ireland. This strategic move is anticipated to enhance their influence and visibility in the Irish horse racing industry.

GREF Annual Conference 2024 hosted by MGA in Malta

The Gambling Regulators European Forum (GREF) 2024 Annual Conference will take place in Malta in May, hosted by the Malta Gaming Authority (MGA). Scheduled to take place from 20 to 22 May 2024, the conference will gather regulatory representatives from 35 member jurisdictions, fostering collaborative discussions, sharing expertise, and addressing the emerging trends and challenges within…

BETBY secures approval for its esports odds feed from Malta Gaming Authority

BETBY has secured approval from the Malta Gaming Authority (MGA) for its esports odds feed solution, marking a significant stride in the company's strategic initiatives. This green light from the regulatory body enables BETBY to extend its esports odds and statistics services to all operators holding an MGA license. The comprehensive solution encompasses pre-match and live odds, content c

Flutter Entertainment bids farewell to Dublin and sets sight on New York Stock Exchange

Flutter Entertainment, a giant in the global gaming industry, has confirmed its departure from the Euronext Dublin, the Irish stock exchange. This move is set to take effect from 8:00 am (GMT) on Monday, 29 January 2024, marking the end of Flutter’s presence on the Irish bourse.

AffPapa announces iGaming Club Conference Malaga 2024

AffPapa is thrilled to announce the much-anticipated iGaming Club Conference Malaga 2024. Scheduled for May 26-27, the flagship event promises two days of engaging conference and networking in sunny Malaga. Building on the success of previous events across different locations, the iGaming Club Conference Malaga 2024 is a direct response to industry demand, with an…

FDJ’s impact on Kindred employees and market departures

The Board of Kindred has confirmed to employees that it does not intend to make any major changes in operations.

Creation of European online gambling giant: FDJ to buy Malta-based Kindred Group for $2.5 billion

In another major deal in the gambling industry, France’s state-owned lottery operator FDJ has offered to buy Sweden’s Kindred Group for $2.7 billion. The acquisition would create a European leader in online betting and gaming, with a presence in 25 countries and a combined revenue of about 3.5 billion euros

Another MGA licence bites the dust, fifth for 2024

The Malta Gaming Authority has cancelled Super7plus Ltd.’s B2C licence, effective as of 17 January 2024. This is the fourth MGA licence cancellation this year following the revocation of the licences for Winners Malta Operations Ltd., Genesis Global Ltd., Betago Ltd. Additionally the MGA suspended Rush Gaming Ltd.’s licence, also in January. No specific details…