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iGaming NewCast: UpperMatch NewsCast - 09-12-2024
Summary
Welcome to the UpperMatch NewsCast. Today’s date is the 9th of December 2024, let’s get started with the top stories in iGaming:
Kaizen Gaming Launches “The Collective” Volunteer Initiative
Kaizen Gaming has unveiled “The Collective,” a global volunteer program empowering employees to drive social change. Over 200 volunteers participated across six locations, engaging in impactful projects. From Athens, where volunteers prepared 400 meals for vulnerable communities, to São Paulo, where they built drainage channels and prepared soil for sustainable agriculture, the initiative reflects Kaizen’s commitment to making a global impact. Corporate Responsibility Manager Ioanna Kozadinou emphasized the program’s alignment with the company’s core values of teamwork and social responsibility.
Soft2Bet Named Romania’s Top iGaming Provider
Soft2Bet has been recognized as Romania’s leading iGaming solutions provider at the 12th Gambling Professionals’ Reunion. Its platform, Don.ro, won Best New Launch of 2024, offering over 3,900 games and innovative features. Chief Product Officer Yoel Zuckerberg highlighted the company’s focus on tailored solutions and exceptional player experiences.
Resorts World Appoints New Leadership Amid Probe
Resorts World Las Vegas has formed a new board, led by Jim Murren, and named Alex Dixon as CEO, effective January 16. The announcements come as the casino faces a money laundering investigation, with a response to the Nevada Gaming Control Board due December 9. The new leadership aims to restore trust and propel strategic growth.
New York Sets Online Sports Betting Revenue Record
New York’s online sports betting revenue hit $231.6 million in November, breaking previous records. FanDuel led the market with $102.6 million in revenue, followed by DraftKings at $77.1 million. Newcomer ESPN Bet also posted its best month since launching in September, reflecting the state’s growing appetite for sports wagering.
Sweden’s Trade Body Urges Svenska Spel Privatization
Gustaf Hoffstedt of Sweden’s BOS trade group has called on the government to privatize Svenska Spel, citing conflicts of interest in state-owned gambling operations. He argued the state should regulate, not compete, to maintain fairness and public trust.
Missouri Approves Sports Betting by Slim Margin
Missouri voters narrowly approved sports betting legalization, with operations expected to start by December 2025. Meanwhile, the Massachusetts Gaming Commission fined FanDuel $10,000 for bets on prohibited college games.
BC Game Exits Curaçao Amid Bankruptcy Ruling
BC Game announced its withdrawal from Curaçao after being declared bankrupt in November. The company cited outdated legal protections and emphasized its stable global operations, despite financial rumors.
UK Gambling Industry Faces Major Changes
Baroness Twycross has called for stricter advertising controls and stake limits for online slots, capping bets at £2 for younger players and £5 for adults. These measures aim to reduce harm but may reshape affiliate and operator strategies in the UK market.
