Sorare to grow following $680 million in new corporate investment

Fantasy football games publisher Sorare has announced that it has raised $680 million in financing that it now intends to use in order to accelerate its growth and expand into other sports around the globe. Established in 2018, the Paris-headquartered enterprise used an official press release to declare that it already held ‘a leading position […]

Aspire Global Limited agrees strategic American eSports alliance

Maltese iGaming solutions pioneer Aspire Global Limited has announced the inking of an agreement that is to see its entire proprietary offering made available to American online eSports operator Esports Technologies Incorporated. Headquartered in the Valletta suburb of Sliema, the developer used an official Monday press release to detail that the arrangement will encompass its […]

Swedish iGaming regulator issues updated anti-money laundering guidance

In Sweden and the Spelinspektionen regulator has announced the release of new guidance that has been designed to help locally-licensed iGaming operators more effective counter money laundering and terrorist financing. The watchdog used an official press release to declare that the fresh advice was formulated following requests from iGaming firms offering their services to those […]

Parliamentary body to scrutinize Gambling Commission regulator

In the United Kingdom and the Parliamentary All-Party Betting and Gaming Group has announced the launch of an official inquiry into the effectiveness and competence of the country’s Gambling Commission regulator. Comprised of twelve legislators from the House of Lords and House of Commons, the body used an official Sunday press release to detail that […]

Morgan Stanley again lowers Macau annual forecasts amid coronavirus stall

For the second time this year and global brokerage and investments firm Morgan Stanley has reportedly cast doubts on the near-future profitability of the Macau casino industry owing to the lingering impacts of the coronavirus pandemic. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant has lowered its combined earnings […]

Atlantic City casinos post encouraging aggregated August gaming revenues

The nine casinos in Atlantic City reportedly saw their aggregated gross gaming revenues for August increase by 31% year-on-year to just over $427.6 million as they continued to recover from the turmoil of last year’s coronavirus pandemic. According to a Thursday report from the Associated Press news service citing official information from the New Jersey […]