Month: July 2020

The United Kingdom Gambling Commission confirmed that they’d placed Genesis Global Limited under an immediate investigation, citing that GGL broke compliance standards under the UKGC Gambling Act. It wasn’t known which legislation was broken until July 20th when the gambling regulator disclosed that “Section 116 (2) – 2005 UKGC Gambling Act” had been enforced. This […]

Tilting Point has finalized an acquisition with Playtech PLC, with an undisclosed agreement being announced for the purchase of FTX Games & Plamee Studios. Rumours suggest that acquisition cost exceeded $45 Million when accounting that both brands formally owned by Playtech had cost the company $20 Million each. It’s known that Playtech hasn’t earned a […]

Online sportsbooks have become significant sponsors for professional sporting associations, including the Ultimate Fighting Championship. Their primary partner for the online betting space has been Parimatch, with a predisposed contract slated to end July 31st. After speculation that the UFC would select another brand for sponsorship purposes, Parimatch PR Representatives confirmed that they’ve resigned with […]

The United Kingdom Gambling Commission is once again looking for another way to deter the online betting market. This has been a continuous issue throughout the last five years, with UKGC Regulators working diligently to limit profits with online casinos under the premise of “Responsible Gambling”. The United Kingdom Gambling Commission has enacted consultation reviews […]