Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has officially stepped down as the CEO of LeoVegas after a remarkable 14-year tenure. The company, which he co-founded in 2011, has seen significant growth under his leadership, including its acquisition by MGM Resorts in 2022 for $607 million. Mattias Wedar, the new CEO who […]
Basketball players face heavy sanctions over match-fixing Summary Six former players from the Surrey Scorchers have faced significant consequences after an investigation revealed their involvement in match-fixing during the 2022-23 season. The inquiry, conducted by the British Gambling Commission, the British Basketball Federation (BBF), and FIBA, has led to lifetime bans and hefty fines for […]
Tabcorp fined over US$2.6M for breaching spam laws in VIP customer campaign Summary Tabcorp Holdings Limited has been slapped with a AU$4 million (approximately US$2.61 million) fine by Australia’s communications watchdog, the ACMA, for violating spam laws through non-compliant marketing messages aimed at VIP customers. This unprecedented enforcement action follows an investigation that revealed the […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players have been sanctioned for their involvement in match-fixing during the 2022-23 season. The British Gambling Commission, British Basketball Federation (BBF), and FIBA have imposed significant penalties following a joint investigation. This scandal comes as the British Basketball League disbanded after 38 […]
Tabcorp fined over US$2.6M for breaching spam laws in VIP customer campaign | AGB Summary Tabcorp Holdings Limited faces a hefty fine of AU$4 million (approximately US$2.61 million) after being found in breach of spam regulations by Australia’s communications watchdog. The ACMA discovered that Tabcorp sent thousands of non-compliant marketing messages to VIP customers without […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has released a report indicating alarming trends in consumer losses in states where online gambling is legal, particularly in areas with minimal regulation against unlicensed operators. Key Points Unlicensed operators are thriving by offering better bonuses and fewer restrictions compared […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has stepped down as the CEO of LeoVegas after 14 years. He founded the company in 2011 with Robin Ramm-Ericson and has been pivotal in its expansion in Europe and beyond. The company was acquired by MGM Resorts for $607 million in 2022. Mattias Wedar, […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players have been sanctioned for their involvement in match-fixing. Following a joint investigation by the British Gambling Commission, British Basketball Federation (BBF), and FIBA, significant penalties have been imposed, including lifetime bans and hefty fines. Source: Article URL Key Points Investigation revealed […]
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 […]
