NEXT.io https://next.io/ A content-driven events, media and publishing company that delivers news and insight to investors and iGaming professionals. Thu, 12 Dec 2024 17:18:39 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 https://next.io/wp-content/uploads/2023/10/cropped-ios-macos-32x32.png NEXT.io https://next.io/ 32 32 Curaçao’s reformed gambling law to enter final stages next week https://next.io/news/news/curacao-to-discuss-new-gambling-law-monday/ Thu, 12 Dec 2024 17:18:38 +0000 https://next.io/?p=107539 NEXT.io has learned that Curaçao’s parliament intends to discuss the country’s gambling reform law on Monday 16 December. The National Ordinance for Games of Chance (LOK) will be tabled for discussion early next week, according to a parliamentary schedule seen by NEXT.io. This means the legislation, which has the stated aim of providing increased oversight to the world’s largest offshore gaming jurisdiction, will enter its final stages next week. This includes by abolishing the old double-layered licensing system, in which the four historic master licences sub-contracted out licences to offshore ...

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]]> Colombia lawmakers reject new tax on online gambling https://next.io/news/investment/colombia-lawmakers-reject-online-gambling-tax/ Thu, 12 Dec 2024 15:23:35 +0000 https://next.io/?p=107432 A 2025 budget proposal in Colombia that included a 19% VAT on online gambling has been rejected by lawmakers.

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]]> FanDuel expands government relations team with key executives https://next.io/news/people/fanduel-expands-government-relations-team/ Thu, 12 Dec 2024 15:13:03 +0000 https://next.io/?p=107373 FanDuel has hired two new executives for its government relations team amid a US shakeup that targets the company and rival DraftKings.

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]]> Shuffle co-founder Ishan Haque: Positive crypto regulation on the way https://next.io/news/features/shuffle-ishan-haque-positive-crypto-regulation/ Thu, 12 Dec 2024 13:25:51 +0000 https://next.io/?p=107368 “I think crypto regulation, in a positive way, is coming sooner than most people think,” said Ishan Haque, a member of the founding team of Shuffle.com. Haque made the comments during a webinar hosted by Waterhouse VC, the gaming and wagering-focused venture capital fund of Australian bookmaker Tom Waterhouse. He explained that while Shuffle initially struggled to raise funds, now the attitude towards crypto has shifted and “gone the other way.” He mentioned that nearly every month, he sees a crypto operator raising tens of millions of dollars in funding. ...

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]]> Gambling.com Group acquires OddsJam in $160m deal https://next.io/news/investment/gambling-com-group-acquires-oddsjam/ Thu, 12 Dec 2024 13:12:07 +0000 https://next.io/?p=107387 Gambling.com Group has inked a deal to acquire OddsJam in a strategic move to broaden its footprint in the online gambling industry.

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]]> Slovenia Olympic Committee no longer involved in Sports Lottery sale https://next.io/news/investment/slovenia-olympic-committee-sports-lottery-sale/ Thu, 12 Dec 2024 13:08:36 +0000 https://next.io/?p=107376 The Olympic Committee of Slovenia announced it no longer intends to participate in the sale of the country’s sports betting operator.

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]]> Swintt prepares to spin up a Pharaoh’s fortune in Egypt King 2 https://next.io/news/b2b-news/swintt-prepares-to-spin-up-a-pharaohs-fortune-in-egypt-king-2/ Thu, 12 Dec 2024 13:01:47 +0000 https://next.io/?p=107395 This month, popular software studio Swintt is inviting players to join them on an action-packed adventure to the land of the pyramids in Egypt King 2 – an all-new Premium game that can potentially provide a pharaoh’s fortune in wins with its mystery prize feature and Pearl free spins. Being a SwinttPremium release, the new game boasts all the familiar graphics and sounds of a land-based slot, with ace-through-jack playing card symbols being joined on the reels by golden sarcophagi, ancient scrolls and plucky adventurers. Additionally, the slot uses a ...

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]]> Slotegrator reveals what users want in 2025 https://next.io/news/b2b-news/slotegrator-reveals-what-users-want-in-2025/ Thu, 12 Dec 2024 12:57:47 +0000 https://next.io/?p=107389 Player tastes are always changing. Online casino and sportsbook software and aggregator Slotegrator has a breakdown of how user preferences are changing in 2025. Demand for gambling might be inflexible, but that doesn’t mean gamblers themselves never change. The online casino player or sportsbook bettor of 2025 is worlds apart from players a few decades or even a few years ago. They’re playing different games, using payment solutions, betting on different sports, carrying different values, and expecting different elements from the experience. True, fruit slots seem to never go out ...

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]]> Lana, head of events on career, event marketing insights, and PIN-UP Partners vision for 2025   https://next.io/news/promoted/lanapin-up-vision-2025/ Thu, 12 Dec 2024 11:31:21 +0000 https://next.io/?p=107321 Over the past few years, the industry has witnessed a wave of innovative and unforgettable events that have not only set new standards but also established a strong presence for brands in highly competitive markets. Behind these milestones lies the dedication and vision of remarkable event professionals who turn ambitious ideas into reality.  One of the key figures in this movement is Lana, a talented and dynamic head of events of PIN-UP Partners. Her ability to blend creativity with strategic thinking has been instrumental in crafting experiences that not only ...

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]]> Bill Pascrell, III joins IC360 as special advisor https://next.io/news/b2b-news/bill-pascrell-iii-joins-ic360-as-special-advisor/ Thu, 12 Dec 2024 09:42:18 +0000 https://next.io/?p=107311 Integrity Compliance 360 (IC360), a leader in delivering best-in-class integrity and compliance regtech products and services for the sports betting and gaming sector, has announced that Bill Pascrell III (BP3), international gaming expert and counsel, has joined the company as a special advisor. With an extensive career in the gaming industry, public service, law, and politics, Pascrell’s appointment further strengthens IC360’s expertise and strategic capabilities as it continues to lead in gaming compliance innovation. Pascrell is a partner at Princeton Public Affairs Group, Inc., the largest state-based public, regulatory and government affairs firm ...

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]]> ‘Little evidence’ of sweepstakes casino cannibalisation, claims analyst https://next.io/news/regulation/little-evidence-sweepstakes-casino-cannibalisation-claims-analyst/ Wed, 11 Dec 2024 16:18:02 +0000 https://next.io/?p=107265 An analyst at Macquarie Equity Research said there is “little evidence” sweepstakes casino operators are cannibalising iGaming revenue. In an investor note, Macquarie analyst Aaron Lee said there are clear similarities between sweepstakes casinos and real-money iGaming, including content, the chance to win cash, as well as advertising channels like affiliates. “However, we believe there is little evidence to suggest that sweepstakes casinos are taking growth away from real-money iGaming as iGaming content is, in our view, a superior gaming experience and growth rates in iGaming states remain strong,” said ...

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]]> Spain’s gambling market sees steady growth in Q3 financial report https://next.io/news/results/spains-gambling-market-steady-growth-q3-financial-report/ Wed, 11 Dec 2024 16:10:07 +0000 https://next.io/?p=107273 Spain's gambling market continues to expand, according to the latest financial health report from the DGOJ.

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]]> Ireland to streamline gambling ad oversight as new regulatory regime looms https://next.io/news/regulation/ireland-streamline-gambling-ad-oversight-new-regulatory-regime-looms/ Wed, 11 Dec 2024 16:05:06 +0000 https://next.io/?p=107287 Ireland's advertising watchdog, ASA, will work in tandem with the Gambling Regulatory Authority to oversee gambling ads in the country.

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]]> Swedish affiliate site launches new groundbreaking design https://next.io/news/insights/swedish-affiliate-site-launches-new-groundbreaking-design/ Wed, 11 Dec 2024 15:55:35 +0000 https://next.io/?p=107288 One of Sweden’s most trusted sites for tips and reviews of online casinos has undergone a true transformation. With a sleek new design, Casinoguide.se has redefined what a modern affiliate platform should look like. The website demonstrates how thoughtful web design combined with user engagement via social media and trusted consumer feedback platforms can lead to user trust and engagement. The importance of website design Today, attention spans are measured in seconds, which means that web design is often more about survival than aesthetics. Modern users simply demand that every ...

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]]> Video gaming tycoon sues Illinois Gaming Board https://next.io/news/people/video-gaming-tycoon-sues-illinois-gaming-board/ Wed, 11 Dec 2024 13:58:34 +0000 https://next.io/?p=107250 The owner of several gaming-related businesses in Illinois is suing the Illinois Gaming Board for an alleged personal attack on his activity.

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]]> ASA clears Betfair radio ad over scheduling concerns https://next.io/news/regulation/asa-clears-betfair-radio-ad/ Wed, 11 Dec 2024 13:39:41 +0000 https://next.io/?p=107245 The UK’s Advertising Standards Authority (ASA) has ruled that a radio advertisement for Betfair’s Prize Pinball online casino did not breach advertising regulations. The complainant questioned whether the ad, which aired on Radio X on 3 September, had been scheduled at a time when children could hear it. However, Flutter-owned Betfair defended the ad’s timing, explaining that it had been cleared by Radiocentre prior to broadcast and targeted toward a demographic unlikely to include children. Betfair emphasised that Radio X primarily targets an audience of listeners aged 25 to 44, ...

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]]> Blask x NEXT.io: How is Brazil’s iGaming market preparing as full regulation draws near? https://next.io/news/features/blask-x-next-io-brazil-igaming-market-preparing-for-full-regulation/ Wed, 11 Dec 2024 12:41:05 +0000 https://next.io/?p=107235 The iGaming sector in November 2024 was a hive of activity, as Brazil stands on the brink of a fully regulated online gambling market, set to launch on 1 January 2025. This period is marked by preparations for regulation, operators’ compliance efforts, and government measures to ensure a smooth transition.  Licensing and compliance Brazil is taking a bold step to regulate its booming online gambling industry. The Secretariat of Prizes and Betting (SPA), part of the Ministry of Finance, has announced a crucial requirement for companies looking to operate legally ...

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]]> Philippine POGO market down to seven operators https://next.io/news/regulation/philippine-pogo-market-down-to-seven-operators/ Wed, 11 Dec 2024 12:35:49 +0000 https://next.io/?p=107230 The Philippine POGO market continues to shrink ahead of a complete ban, with only seven licensed operators still active.

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]]> Sportradar CFO Craig Felenstein: “We are at an inflection point” https://next.io/news/features/sportradar-cfo-craig-felenstein-inflection-point/ Wed, 11 Dec 2024 11:56:35 +0000 https://next.io/?p=107214 Sportradar CFO Craig Felenstein discusses margin expansion, product development, strategic M&A opportunities, and expansion into new markets like Brazil. Speaking at both the Morgan Stanley Consumer & Retail Conference and the UBS Media & Communications Conference in recent days, Felenstein emphasised the company’s margin expansion strategy and scalability. “We are at an inflection point,” he said at the UBS conference, outlining plans to grow the EBITDA margin from 20% to 25-30% over the next few years. Key to this growth, he noted, is Sportradar’s ability to leverage long-term contracts for ...

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]]> Brazil government deepens gambling site blocking cooperation https://next.io/news/regulation/brazil-government-deepens-gambling-site-blocking-cooperation/ Wed, 11 Dec 2024 11:34:36 +0000 https://next.io/?p=107211 Brazil’s finance ministry and telecommunications agency agreed a new pact to speed up the blocking of unlicensed gambling sites on Monday (9 December). The Prizes and Betting Department at the Ministry of Finance (SPA) and the National Telecommunications Agency (Anatel) formalised a Technical Cooperation Agreement earlier in the week. The deal aims to speed up and optimise the blocking of unlicensed gambling websites operating without a licence just weeks ahead of the launch of the regulated market on 1 January. SPA secretary Regis Dudena said: “Anatel has already been a ...

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