Weekly Highlights: Insights from BetMGM, KSA, LiveScore Group, and Malta’s Gaming Authority
As we dive into this week’s edition of the Weekend Report, iGB takes a moment to reflect on recent developments in the gaming and sports sectors. Key stories this week include regulatory actions in Malta, BetMGM’s groundbreaking venture into women’s sports, and an ambitious work-life experiment from LiveScore.
Malta Gaming Authority Revokes License
In a significant move, the Malta Gaming Authority (MGA) has revoked the license of an unnamed operator due to serious violations of its operational guidelines. The operator, known for its brands like Casino24 and Tipxpress, has become the center of controversy after accruing unpaid fees totaling over €100,000 (approximately $114,347). This decision follows a series of compliance infractions dating back to a suspension in 2018, during which the operator has remained inactive. The MGA has also recently placed Dimascon under suspension, marking its second disciplinary action within the past year.
KSA Chairman Joins GREF Board
On the regulatory front, Michel Groothuizen, Chairman of the Kansspelautoriteit (KSA), has been appointed to the board of the Gambling Regulators European Forum (GREF). His term is set to last until 2027. GREF is vital in promoting collaboration among European gambling regulators, focusing on knowledge exchange and best practices. Groothuizen emphasized his commitment to establishing common standards, particularly underscoring the critical importance of preventing underage gambling.
BetMGM’s Commitment to Women’s Sports
In a pioneering step for the industry, BetMGM has secured an exclusive partnership with the Las Vegas Aces, marking its inaugural major collaboration with a women’s professional sports team. This agreement, which extends through the 2027 season, will enhance BetMGM’s presence at the Aces’ home venue, offering premium advertising opportunities, social media visibility, and exclusive access to pre-game events. BetMGM CEO Adam Greenblatt expressed excitement about the partnership, highlighting the company’s dedication to community engagement and growth in the women’s sports arena.
NuxGame Unveils Innovative API Solutions
NuxGame has announced the rollout of its new API solutions tailored for online gaming operators. The Casino API features a vast selection of games—over 14,500 from 120 providers—along with engagement tools, payment integration, and analytics. Meanwhile, the Sports Betting API offers comprehensive coverage of over 210,000 events across various sports, streamlining risk management and reporting processes. CMO Yanina Kaplya stated that these innovations are designed to equip operators with essential tools for success in both casino and sports betting markets.
LiveScore Trials a Four-Day Workweek in London
Lastly, LiveScore Group is experimenting with a four-day workweek for its London staff, having started this initiative on May 19. Employees will work from Monday to Thursday, while select Fridays will remain operational to accommodate essential events. This 12-month trial aims to assess the impact of a condensed work schedule, with a formal evaluation slated for October. LiveScore CEO Sam Sadi remarked on the significance of this initiative, underscoring the organization’s commitment to innovation not just in tech, but also in workplace culture.
As the gaming and sports sectors continue to evolve, these stories embody the dynamic transformations and partnerships reshaping the industry landscape.