Prediction markets just a marketable name for gambling – L&L Europe CEO
Christopher Dalli argues that prediction markets should just be referred to as sports betting
Financials
GiG’s Q2 revenue climbs by 23% to reach €16.2 million
‘Another rewarding quarter for GiG, with meaningful growth in revenues, EBITDA and EBIT’
B2B
Kindred Group, EveryMatrix sign agreement on casino content distribution across USA
'Kindred Group is one of the earliest adopters of iGaming and sportsbook globally and been very successful since the inception'
HR Developments
Max Meltzer confirmed as Strive Gaming CEO
He joins a former colleague, Damian Xuereb at the newly formed company
Financials
Raketech revenue up by a quarter in first half of 2021
CEO Oskar Mühlbach describes Q2 as a record quarter
USA
Jay-Z launches US sportsbook bid – reports
He is launching a licence bid in collaborations with Michael Rubin's Fanatics
HR Developments
Swintt appoints Etienne Azzopardi as operations director
He brings 22 years of experience to the role
Streaming
Twitch to prohibit online gambling links
The company was facing increasing pressure to ban or limit gambling streams
acquisition
Betsson announces multi-million euro partial acquisition of Canadian startup
The deal will initially see Betsson get a 28% share of Slapshot Media Inc
Design
At the forefront in creating new office experiences with Design Hub Malta
Locally, the iGaming sector is known for having fresh, modern and innovative office spaces which often stand out
Regulatory
‘Malta has raised the bar’: Former MGA CEO on new B2C suspicious transaction reporting requirements
Reuben Portanier said this is another milestone for the authority as it aims to combat match fixing
Games
SOFTSWISS Game Aggregator adds new game type to its portfolio
It expects 'smash games' to quickly rank amongst its three most popular
Financials
Germany market adjustment batters LeoVegas, pushing overall YoY revenue down 12.5% in Q2
Excluding Germany, overall LeoVegas revenue was up 3%
B2B
Pragmatic Play achieves ISO 27001 certification
The certification sets standards for information security management systems that allow organisations to manage the security of assets
Esports
In a push towards esports, Entain announces it will acquire Unikrn tech
Without providing further detail, Entain said the deal is set to close later this year
Sports betting
Kindred’s Unibet becomes official sportsbook partner of American football’s Pittsburgh Steelers
The Steelers are one of the most successful teams in American Football history