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As the dust settles on the 2023/24 Premier League season, leading online gaming company finds itself in an unusual position. While Manchester City celebrated lifting the Premier League trophy for the fourth consecutive time, bet365 was left to count the cost of a season that ended in a way few could have predicted.

The Day the Punters Won” The final day of the season saw all the favourites win their matches, a scenario that led to bet365 announcing it had experienced a “shockingly bad” end to the season. Steve Freeth, ’s PR man, described the day as one where punters signed off in style with a full house of favourites winning. The 10-fold paid 103/1 at kick-off, with nine teams paying out early thanks to bet365’s 2 Goals Ahead Payout. Adding to the company’s woes was the Acca Boost of 35% for all correct 10-folds, resulting in the biggest payout of the campaign. The company was given a glimmer of hope when VAR checked Kai Havertz’s late winner, but the German’s 89th-minute goal stood, sealing a miserable final day for bet365 but a joyous one for its customers.

However, the weekend wasn’t entirely successful for punters. Saturday saw heavy favourite Tyson Fury suffer defeat at the hands of Ukrainian Oleksandr Usyk in an Undisputed World Heavyweight title fight in Riyadh, Saudi Arabia. This result led to the majority of UK bettors tearing up their bets, handing bet365 a much-needed win. Despite the football results, Freeth noted that the company had a brilliant result in Riyadh with Tyson Fury being edged out on points by Oleksandr Usyk. However, any profit from this event was quickly swallowed up by the football results on Sunday.

As the season ends, bet365 is already looking ahead to the next one. The company has released early odds for the 2024/25 Premier League, with Manchester City a shade of odds-on at 10/11 to win a fifth consecutive title. Arsenal are priced at 9/4, with Liverpool at 8/1. But before that, there’s the small matter of the Euros to contend with. As this season has shown, in the world of sports betting, anything can happen.

Greenlite Ventures has announced its acquisition of NoLimit Technology Holdings. The deal, whose financial details remain undisclosed, is set to conclude following a due diligence period of 30 to 45 days.

NoLimit, a company known for its gaming-related products including the NoLimit Betting Exchange and a crypto-powered Daily Fantasy Sports (DFS) platform, is now part of Greenlite’s expanding portfolio. Greenlite has also expressed its intention to launch a user-friendly cryptocurrency exchange that complies with relevant laws in the future. Greenlite chairman Russell Elbaum expressed his excitement about the acquisition, stating that the launch of their new Sports Podcast Network, led by Defo’s ‘Bury Your Bookie’ show, is set to drive significant daily traffic to NoLimit’s exchanges and platforms. He believes that this will allow them to leverage their celebrity partners and abundant media opportunities to establish a powerful niche in the rapidly growing $300 billion industry. Subtitle: “Continuity and Innovation: The Road Ahead” Post-acquisition, NoLimit founder Rafael Groswirt will continue to lead the business.

He sees Greenlite’s resources and platforms as a means to compete with industry leaders and predicts that Greenlite’s sports and media connections will enable partnerships and white-label collaborations with major players in the sector. Founded in 2014, NoLimit started as a crypto-focused online gaming business based in California. Its first product was a cryptocurrency called NoLimitCoin, designed to support fantasy sports platforms, including NoLimit’s own system. The company has also integrated AI with its cryptocurrency and other products, marking a new era of excellence and innovation in the online sports betting industry.

As Groswirt stated in 2023, “As NLTH integrates AI with our NoLimitCoin cryptocurrency, we are proud to pioneer a new era of excellence and innovation in the online sports betting industry.”

With this acquisition, both Greenlite and NoLimit have opened the doors to investors, partners, and enthusiasts to revolutionise the sports betting landscape.

SkyCity Entertainment Group, a gaming operator in and Australia, has announced a settlement with New Zealand authorities regarding breaches in anti-money laundering and countering financing of terrorism (AML/CFT) regulations. The company has consented to pay a civil penalty amounting to NZ$4.16 million (€2.3 million). However, the agreement is subject to approval by the High Court of New Zealand, with SkyCity expressing its intention to seek a prompt hearing for approval. 

This agreement follows closely on the heels of SkyCity's recent , the Australian financial crimes watchdog, where the company agreed to pay approximately $44.5 million (€41.2 million) for similar breaches at its SkyCity Adelaide property. The NZ penalty specifically addresses deficiencies in SkyCity's AML/CFT risk assessment and program, which remained unresolved until July 2021. These breaches, admitted by the company, span from 2018 to 2023 and primarily pertain to historical issues. 

SkyCity emphasises its efforts to rectify compliance shortcomings, including the overhaul of its Board, the appointment of directors with specialised risk expertise, and the establishment of a dedicated Board Risk and Compliance Committee.  

Additionally, the company has implemented higher due diligence standards, reduced cash thresholds triggering enhanced customer due diligence, and terminated relationships with junket operators since April 2021. Further, SkyCity pledges to implement a mandatory carded plan across its New Zealand properties by mid-2025. 

Julian Cook, SkyCity's Executive Chair, acknowledges the progress made in enhancing AML/CFT systems while expressing disappointment over the breaches. He affirms the company's commitment to resolving regulatory matters promptly, including the temporary suspension of its New Zealand casino operator's license.  

SkyCity remains engaged with Australian authorities for an independent review of SkyCity Adelaide, which was on hold pending AUSTRAC civil proceedings. Cook underscores ongoing enhancement efforts in both New Zealand and Australia, recognizing the ongoing importance of compliance and regulatory adherence. 

The Dutch Online Gambling Association (NOGA) has expressed serious concerns over the proposed increase in gambling tax from 30.5 percent to 37.8 percent by a potential new coalition government in the Netherlands. This coalition comprises the Party for Freedom (PVV), the Party for Freedom and Democracy (VVD), the New Social Contract party (NSC), and the Farmer-Citizen Movement (BBB).

The proposed tax increase, part of the “budgetary appendix of coalition agreements,” is expected to bring an additional €202 million annually to the state treasury. However, NOGA fears that this financial gain might be overshadowed by significant social damage.

Peter-Paul de Goeij, the general director of NOGA, warns that the tax hike could endanger the viability of the He notes that channelization to licensed operators is already levelling off, and the increased tax could push Dutch consumers towards illegal providers who do not pay taxes.

The Dutch Advisory Board on Regulatory Burden (ATR), an independent watchdog, has questioned the need for proposed new regulations for online gambling. They argue that these new requirements could represent an unnecessary technical burden for operators.

In April, a narrow majority of MPs in the Dutch House of Representatives voted in favour of motions to ban online slots and prohibit online gambling advertising. Other motions call for mandatory financial risk checks and. These votes do not guarantee the adoption of these measures, as Franc Weerwind, the minister for legal protection, will review the proposals and decide whether they should be approved

The proposed tax increase and regulatory changes mark a critical juncture for the Dutch gambling industry. While the tax hike could potentially fill state coffers, the social implications and impact on the legal gambling market cannot be ignored. As the Dutch gambling landscape continues to evolve, all eyes will be on the new coalition government’s next moves and their long-term effects on both operators and consumers.