Evolution will pay £4.75 million following a UK Gambling Commission investigation but says its UK operations remain unchanged. Q2 revenue declined 1.2% amid mixed regional performance.
A New York court has allowed core claims in Nigel Eccles’ lawsuit over FanDuel’s 2018 merger to move forward. The case challenges the valuation and treatment of shareholders.
Merkur Group has agreed to acquire slots provider White Hat Studios as part of its regulated US expansion strategy. The deal is subject to regulatory approval.
Kenya has launched its first licensing cycle under a new gambling law that replaces the 1966 framework. The reform introduces stricter oversight, advertising rules and revised tax rates.
The UK government has opened a consultation on banning sports sponsorships with gambling operators not licensed by the Gambling Commission. The proposal targets in-stadium advertising and club partnerships.
Evolution has agreed to pay £4.75m to settle a UK Gambling Commission licence review into unlicensed website access. The 18 month investigation is now closed.
Germany has lifted the €1 stake cap for online slots under strict conditions. Licensed operators must monitor player behaviour when offering higher limits.
CIRSA has acquired a majority stake in Paraguayan operator Slots del Sol, marking its entry into the country’s regulated gambling market. The deal expands its Latin American presence to seven countries.
Zeal has acquired UK prize draw operator SevenCanyon in its first move outside Germany. The company expects stricter UK regulation to favor experienced compliance operators.
Fertitta Entertainment executives secured preliminary Nevada approval as the company advances its 17.6 billion dollar bid for Caesars. The deal requires antitrust, licensing, financing, and shareholder approvals.