CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has published a new report analysing the impacts of unlicensed online gambling in states where online gaming has been legalised. It highlights a concerning trend of increased consumer harm in these regions due to inadequate regulation of unlicensed operators. Key […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman, the founder of LeoVegas, has officially stepped down as CEO after 14 years in charge. He co-founded the Swedish online gaming company in 2011, leading its expansion across Europe and into the US under MGM Resorts. Mattias Wedar, who served as Deputy CEO, has taken […]
Basketball players face heavy sanctions over match-fixing Summary The British Gambling Commission, the British Basketball Federation (BBF), and the International Basketball Federation (FIBA) have imposed severe sanctions on six former Surrey Scorchers players due to their involvement in match-fixing. The players manipulated game outcomes during the 2022-23 season, resulting in lifetime bans and hefty fines. […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has published a report revealing rising consumer losses in states where online gambling is legal but unlicensed operators thrive. The findings suggest that current regulatory practices are ineffective, allowing unlicensed entities to flourish at the expense of consumers and the […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman, the founder and long-serving CEO of LeoVegas, has officially stepped down from his position after 14 years, effective from June 16, 2025. He is succeeded by Mattias Wedar, the Deputy CEO and former Chief Technology and Product Officer, marking a significant transition for the company. […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players have been identified in a match-fixing scandal, resulting in severe sanctions. A collaborative investigation by the British Gambling Commission, the British Basketball Federation (BBF), and FIBA revealed that these players took payments to manipulate game outcomes during the 2022-23 season. The […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) recently released a report, aided by Yield Sec, that highlights troubling trends in states that have legalised online gambling without sufficient regulation of unlicensed operators. The study indicates a significant increase in consumer losses in these states, revealing the flaws […]
Gustaf Hagman steps down as LeoVegas CEO Summary After an impressive 14 years at the helm, Gustaf Hagman has stepped down as CEO of LeoVegas, the company he co-founded in 2011. Deputy CEO Mattias Wedar takes over the reins, aiming to steer the company towards further growth and innovation. Key Points Gustaf Hagman founded LeoVegas […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players faced heavy sanctions after being implicated in match-fixing activities. A thorough investigation by the British Gambling Commission and the British Basketball Federation revealed that these players were involved in fixing matches during the 2022-23 season, specifically targeting six games. As a […]
CFG Study Raises Concerns about US Offshore Gambling Summary A recent report from the Campaign for Fairer Gambling (CFG), compiled with insights from Yield Sec, reveals alarming trends in consumer losses linked to unregulated offshore gambling markets in the US. The study underscores that states legalising online betting without strict regulations can lead to greater […]
