Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has officially stepped down as CEO of LeoVegas after 14 years, a significant shift for the company he co-founded. Mattias Wedar, the Deputy CEO and former chief technology officer, is set to take over the leading role moving forward. Key Points Gustaf Hagman resigned after […]
Basketball Players Face Heavy Sanctions Over Match-Fixing Summary Six former Surrey Scorchers basketball players have faced severe penalties due to their involvement in match-fixing. The British Gambling Commission, the British Basketball Federation (BBF), and FIBA have taken action following an investigation that revealed these players accepted payments to manipulate match outcomes during the 2022-23 season. […]
Tabcorp fined over US$2.6M for breaching spam laws in VIP customer campaign Summary Tabcorp has been slapped with a hefty AU$4 million (around US$2.61 million) fine after the Australian Communications and Media Authority (ACMA) found the company breaching spam regulations with unsolicited marketing messages to VIP customers. The investigation revealed that over 5,700 messages sent […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has officially stepped down as the CEO of LeoVegas, concluding a 14-year tenure that has seen significant expansion and success for the company. After founding the Swedish online gaming operator in 2011, Hagman led LeoVegas through various acquisitions and into the American market under MGM […]
Ainsworth CEO Under Fire for Alleged Ties to Ibiza Affair Summary The CEO of Ainsworth Game Technology, Harald Neumann, is currently under scrutiny due to his suspected connections to the infamous Ibiza affair, a corruption scandal in the gaming industry. Reports indicate that Neumann, previously the CEO of Novomatic, was allegedly involved in offering favourable […]
Norway Progress Party MP Reiterates Calls to End Gambling Monopoly Ahead of Election Summary Norway Progress Party MP Silje Hjemdal is pushing for an end to Norway’s gambling monopoly, highlighting the need for better regulation and looking towards models in other Nordic countries. As the next general election approaches on 8 September, Hjemdal’s calls resonate […]
CFG Study Raises Concerns about US Offshore Gambling Summary The CFG report reveals alarming trends for online gambling in states that legalise it while ignoring the unlicensed market, which poses significant risks to consumers. This analysis calls for a serious rethink of the current regulatory framework. Source: CFG Study Key Points Consumer losses rise sharply […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has officially stepped down as CEO of LeoVegas after an impressive 14 years. Mattias Wedar, the Deputy CEO, will now take over the reins. Founded by Hagman and Robin Ramm-Ericson in 2011, LeoVegas has grown significantly, especially after being acquired by MGM Resorts in 2022. […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players face severe penalties following a match-fixing investigation conducted by the British Gambling Commission, the British Basketball Federation (BBF), and FIBA. The players were found guilty of fixing at least six matches during the 2022-23 season. Key Points Six players from the […]
Tabcorp Fined Over US$2.6M for Breaching Spam Laws in VIP Customer Campaign Summary Tabcorp Holdings Limited has been slapped with a hefty AU$4 million (approximately US$2.61 million) fine after the Australian Communications and Media Authority (ACMA) discovered it violated spam regulations through unauthorised marketing messages sent to VIP customers. An investigation revealed that over 5,700 […]
