Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has officially stepped down as the CEO of LeoVegas after a significant 14-year tenure. He co-founded the Swedish company in 2011 and has seen it grow into a major player in the online gaming sector. Mattias Wedar, previously the deputy CEO, will take over the […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has released a report revealing alarming trends in consumer losses associated with offshore online gambling in states that have legalised online gambling without proper oversight. This study, aided by Yield Sec, underscores the risks posed by unlicensed operators in the […]
Basketball players face heavy sanctions over match-fixing Summary A series of heavy sanctions have been imposed on six former Surrey Scorchers basketball players over match-fixing activities, following a joint investigation by the British Gambling Commission, the British Basketball Federation (BBF), and the International Basketball Federation (FIBA). This issue has emerged from events during the 2022-23 […]
Tabcorp fined over US$2.6M for breaching spam laws in VIP customer campaign Summary Tabcorp Holdings Limited has been penalised with a AU$4 million ($2.61 million) fine after being found in breach of spam regulations by the Australian Communications and Media Authority (ACMA). The breaches were due to sending over 5,700 non-compliant SMS and WhatsApp messages […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling has released a report in collaboration with Yield Sec, revealing increasing consumer losses in regions where online gambling has been legalised without stringent regulation against unlicensed operators. Source: CFG Study Raises Concerns about US Offshore Gambling Key Points Consumer harm rises […]
Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman has stepped down as CEO of LeoVegas after an impressive 14-year run. Mattias Wedar, the deputy CEO and former chief technology and product officer, will take over the role. LeoVegas, a well-known Swedish online gaming operator, was founded by Hagman in 2011 and has seen […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers 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 conducted an investigation leading to lifetime bans and fines for those found guilty. Key Points The investigation revealed that players […]
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 (approx. US$2.61 million) fine after Australia’s communications watchdog found it breached spam regulations with unauthorised marketing messages sent to VIP customers. An investigation by the Australian Communications and Media Authority (ACMA) revealed […]
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has unveiled a report that reveals alarming trends in consumer losses across states that legalise online gambling without sufficient regulation. The study highlights significant consumer harm particularly in states with little enforcement against unlicensed operators. Source: Gambling News Key Points […]
Gustaf Hagman Steps Down as LeoVegas CEO Summary Gustaf Hagman has stepped down from his role as CEO of LeoVegas after 14 years, making way for Mattias Wedar, the deputy CEO. Hagman played a pivotal role in founding the company and expanding it across Europe, culminating in LeoVegas’s acquisition by MGM Resorts for $607 million […]
