Gustaf Hagman steps down as LeoVegas CEO Summary Gustaf Hagman, the founder and longstanding CEO of LeoVegas, has stepped down after 14 years of leadership. He was instrumental in growing the company, which was acquired by MGM Resorts in 2022. Mattias Wedar, previously the deputy CEO, will take over as CEO. Source: Article URL Key […]
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 ($2.61 million) fine by Australia’s communications watchdog, the Australian Communications and Media Authority (ACMA). The penalty follows their unauthorised and non-compliant marketing practices targeting VIP customers. Between February and May 2024, […]
Basketball players face heavy sanctions over match-fixing Summary Six former Surrey Scorchers basketball players have been heavily sanctioned due to their involvement in a match-fixing case. Following an investigation by the British Gambling Commission, British Basketball Federation (BBF), and International Basketball Federation (FIBA), these players were found guilty of manipulating match outcomes. The actions have […]
CFG Study Raises Concerns about US Offshore Gambling Summary A new report from the Campaign for Fairer Gambling (CFG) has raised alarms over the increasing consumer losses in states that have legalised online gambling without properly addressing the unlicensed market. It indicates that unlicensed operators are siphoning off significant consumer spending, offering more attractive deals […]
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. […]
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 […]
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 […]
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 […]
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 […]
