Norway has recently declared a groundbreaking initiative in its ongoing fight against gambling-related issues. The government, through the Ministry of Culture and Equality, has earmarked an astounding NOK32 million (£2.43 million) as part of the Action Plan to combat gambling problems in the year 2024. This significant allocation demonstrates a steadfast commitment to research, prevention, and treatment, aiming to create a more responsible and informed gambling environment....
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Finance News, iGaming News
January 12, 2024
GGPoker’s $100M Bounty Hunters Series
GGPoker, the globally acclaimed poker platform, is gearing up to launch the newest edition of its highly celebrated Bounty Hunters Series. Set to run from January 15 to February 5,...
Finance News, iGaming News
January 10, 2024
OddsMatrix Success in 2023
In the fast-paced world of online sports betting, EveryMatrix's B2B sportsbook division, OddsMatrix, has emerged as a powerhouse, marking a stellar performance in the year 2023. The achievements include record...
Finance News, iGaming News
January 9, 2024
Optimus Invest Trims GIG Stake
In a recent financial development, Optimus Invest Limited, a company owned by entrepreneur Andre Lavold, has made a strategic move by selling 10,000 shares in Gaming Innovation Group Inc. This...
Finance News, NEWS Malta
January 5, 2024
Malta’s December Inflation
Eurostat, the statistical office of the European Union, recently released data indicating Malta's inflation rate for December. The report reveals a decrease from 3.9% in November to 3.6%, providing insights...
Finance News, iGaming News
January 5, 2024
Betway Player Hits €13.5M Jackpot
Games Global, a renowned supplier of online gaming content, recently announced a staggering €13.5 million jackpot win by a Betway player on Christmas Eve. The windfall was achieved while playing...
Business News, Finance News
January 5, 2024
Germany’s €1.2B Online Lottery Boom
In the landscape of online gambling, Germany witnessed a substantial surge in online lottery stakes in 2023, reaching an impressive €1.2 billion. This marked increase in digital lottery participation contributed...
Finance News, iGaming News
January 5, 2024
Portugal’s Q3 Gambling Boom
Portugal has witnessed a remarkable surge in revenue during the third quarter of 2023. The total market revenue in this period reached an unprecedented €215.3 million, marking a significant 4.6%...
Finance News, iGaming News
January 5, 2024
WowPot!™: Games Global’s €38.4M Record Win
In a historic moment for Games Global and the entire iGaming industry, the iconic progressive jackpot WowPot!™ has been won, paying out a staggering €38,461,200.95*. This momentous win was achieved...
Finance News, iGaming News
January 3, 2024
GIG Expands Share Capital
Gaming Innovation Group Inc. (GIG), a prominent player in the gaming industry, recently announced a strategic move to issue 53,600 new shares of its common stock. This decision was in...
Finance News, iGaming News
January 2, 2024
Kambi Group’s Dynamic Buyback Strategy
To enhance shareholder value and fortify its capital structure, Kambi Group plc executed a share buyback program between December 26, 2023, and January 1, 2024. This initiative falls in line...
Banking, Finance News
January 2, 2024
The Future of HSBC Malta
In the wake of persistent rumors regarding HSBC Malta's potential departure from the country, the newly appointed CEO, Geoffrey Fichte, has emphatically asserted the bank's long-term commitment to the Maltese...
Finance News, NEWS Malta
December 27, 2023
Economic Trends in Malta
In the recent economic update released by the Central Bank, Malta experienced a decline in economic sentiment last month. This decline is a noteworthy development as the Economic Sentiment Indicator...
Finance News, iGaming News
December 27, 2023
Kambi Group’s Share Buyback Analysis
In financial markets, companies employ various strategies to enhance shareholder value and optimize their capital structure. One such approach is the implementation of share buyback programs. Kambi Group plc, a...
Finance News, NEWS Malta
December 27, 2023
Malta’s Economic Renaissance
In the aftermath of the global pandemic, nations worldwide find themselves at a pivotal juncture in the competitive landscape of foreign direct investment. Malta, a small but strategically positioned player,...
Finance News, iGaming News
December 21, 2023
GiG’s Acquisition of KaFe Rocks
Gaming Innovation Group Inc. (GiG) proudly announces the successful completion of its acquisition of KaFe Rocks Ltd., a prominent affiliate leader in the iGaming industry. This strategic maneuver positions GiG's...
Finance News, iGaming News
December 20, 2023
MGA’s H1 2023 Gaming Report for Malta
The Malta Gaming Authority (MGA) has recently disclosed its Interim Performance Report for the first half of 2023, offering a comprehensive overview of its accomplishments and shedding light on the...
Finance News, iGaming News
December 19, 2023
Surging Waves of Spain’s iGaming Market
The iGaming market in Spain has witnessed substantial growth, reporting a noteworthy year-on-year surge in the first three quarters of the year. Despite a slight dip in activity compared to...
Business News, Finance News
December 18, 2023
XLMedia’s Share Price Plunge
XLMedia, a prominent affiliate marketing group, witnessed a drastic drop in its share price, reaching a record low. The company announced that its revenue projections for the year 2023 are...
Finance News, iGaming News
December 18, 2023
The Revival of the Belgian Gaming Sector
Belgium's gaming sector is experiencing a remarkable resurgence, as indicated by the latest report from the Belgian Gaming Commission. The data reveals a notable recovery in the land-based gaming sector,...
Finance News, iGaming News
December 13, 2023
Kambi Group Share Repurchase Program
In a move aimed at creating added value for its shareholders and fortifying its capital structure, Kambi Group plc has executed a share buyback program. The initiative, approved during an...
Finance News, iGaming News
December 12, 2023
EEG’s Future Growth Plans
Esports Entertainment Group (EEG), a prominent player in the esports industry, has recently announced the suspension of its monthly cash dividend on the outstanding 10% Series A cumulative redeemable convertible...
Finance News, NEWS Malta
November 30, 2023
Malta’s Tariff System on Groundwater
The Maltese government is set to introduce a revolutionary tariff system on groundwater abstraction through boreholes, accompanied by substantial incentives for users transitioning to more sustainable water sources. Despite persistent...
Finance News, NEWS Malta
November 28, 2023
Public Sector Workers COLA Boost
In a move toward equitable compensation, public sector workers are set to benefit from a €6.41 weekly increase to bridge the gap between their collective agreements and the full Cost...
Finance News, NEWS Malta
November 27, 2023
Malta’s Escalating Debt Crisis
The economic landscape of Malta has been cast into a shadow of uncertainty as the nation grapples with a burgeoning debt crisis. As of October's conclusion, the debt has snowballed...
Finance News, NEWS Malta
November 24, 2023
Malta’s Debt Edges Closer to €10 Billion
In a recent announcement by the National Statistics Office (NSO), Malta's Central Government debt reached €9,680.9 million at the end of October 2023. This marks a substantial increase of €942.9...
Finance News, NEWS Malta
November 22, 2023
EU Urges Malta to Reevaluate Energy Support
The European Commission has extended an invitation to Malta, urging the country to phase out its existing energy support measures. The move is in response to concerns over Malta's government...