iGaming NEXT

RG start-up Better Change has expressed concern that UK regulation might be preventing iGaming talent from working on responsible gambling solutions. The company informed iGaming NEXT that key staff members were forced to relinquish their Personal Management Licences (PMLs) in order to work with Better Change.

iGaming platform and content provider White Hat Gaming (WHG) has initiated a round of staff layoffs. The cutbacks primarily impact White Hat Gaming’s Malta office, with the “majority of approximately 80 employees” facing redundancy, according to sources who spoke to iGaming NEXT on the condition of anonymity. Only a skeleton crew will remain in place as staff enter a one-month paid suspension period.

Continent 8 Technologies, an award-winning provider of managed hosting, connectivity, cloud and security solutions, welcomes one of the gaming sector’s most skilled regulatory and compliance specialists to its team. Jeremie Kanter has joined Continent 8 as director of regulatory affairs and will oversee its new C8 Comply division.

Luckbox owner Real Luck Group has suspended B2C operations after failing to secure investment to futureproof the business. Shares in the Toronto-listed business are down 50% on the announcement. Betting and player registrations on Luckbox have been suspended with immediate effect, while a notice on the website states: “We’re closed, sorry.” Luckbox customers are still able to withdraw funds, which are segregated from the company’s operational balance.

MGM Resorts is braced for a $100m financial impact on its Q3 2023 results following the cyberattack that shook the company last month. The cybersecurity incident unfolded in September, prompting MGM to take the drastic step of shutting down certain computer systems. This security measure had far-reaching effects, affecting various operations, including booking and reservation systems, as well as the functionality of gaming machines on casino floors.

Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has signed an online sportsbook partnership with 711, a fast-growing online casino operator in the regulated Netherlands market. The long-term agreement will see Kambi provide 711 with its market-leading complete sportsbook, including its high-performance sports betting platform as well as its award-winning Bet Builder and AI-powered trading products.

Leading Mexican online casino and sports betting operator Caliplay has initiated legal proceedings against Playtech and several of its subsidiaries. Unveiled before the 46th Civil Court of Mexico City on 22 August 2023, the legal tangle centres on Caliplay’s demand to nullify existing legal relationships across various agreements with Playtech, Playtech Malta, and Playtech Software Limited.

RAW iGaming, the developer and aggregator that is blasting industry monotony out of the sky, has revved up its commercial team with the appointment of Alexander Lapinniemi as director of account management. The appointment comes amid a huge surge in demand for RAW iGaming’s innovative titles which are powered by game-changing, trademarked mechanics including SuperSlice®, SuperTracks® and SuperSymbols TM.

Playtech, a globally recognised leader in gambling technology, embarked on a strategic journey into the Georgian and Armenian betting markets, marking a significant milestone in its ongoing pursuit of market expansion. The collaboration with Adjarabet, a formidable operator in the region, exemplifies Playtech’s commitment to delivering superior gaming experiences across diverse territories.

Each month, Australian bookmaking legend Tom Waterhouse publishes a newsletter from Waterhouse VC, his gaming and wagering-focused venture capital fund. Since inception in August 2019, the fund has achieved a gross total return of 2,492% through to 31 August 2023. In collaboration with iGaming NEXT, the August edition of Waterhouse VC takes a deep dive into Brazil’s burgeoning sports betting market. ‘Order and Progress’ – The national motto of Brazil, inscribed on the Brazilian flag.