The GI Newswire: 20 January 2025

The GI Newswire: 20 January 2025

Evoke FY24 guidance: H2 revenue expected to grow 8%

Evoke has released new updates regarding its Q4 and FY24 financial results. The operator, which owns brands including William Hill, Mr Green and 888, noted a strong performance in Q4, with revenue up 12-13% year-on-year. This was primarily driven by online development, with year-on-year growth in the vertical reaching approximately 16-17%, while core markets were noted as experiencing continued rates of growth. Evoke’s five core markets, according to CEO Per Widerstr?m, account for 90% of the operator’s revenue. Read the full story here.

Other stories from Europe:

  • Andrew Rhodes: Will 2025 be a less political year for the gambling industry? (Read)
  • Amsterdam set to receive new gambling harm support facility (Read)
  • Norsk Tipping introduces lower loss limits for young players (Read)
  • KSA issues multiple warnings over advertising violations (Read)

SPGA expresses support for draft New Jersey sweepstake bill

The Social and Promotional Games Association (SPGA) has officially endorsed a bill that seeks to regulated sweepstakes in New Jersey, introduced by state Assemblyman Clinton Calabrese. Currently, sweepstakes remains unregulated throughout the North American market. However, its rapidly rising popularity has sparked fierce debate across the industry about the legal and regulatory discrepancies that the industry sector could face on its road to regulation. Read the full story here.

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Other stories from North America:

  • Yggdrasil partners with Aristocrat Interactive for US and Ontario expansion (Read)
  • EveryMatrix expands US footprint with BetMGM and RSI launch in West Virginia?(Read)
  • Bragg Gaming partners with Caesars for exclusive technology collaboration (Read)
  • Kansas posts $261.3m sports wagering handle for December (Read)

Soft2Bet enters African market through agreement with Channels Media Group in Nigeria

Soft2Bet has made its foray into the African market by partnering with Nigerian media company Channels Media Group.?Through this deal, the supplier will provide its platform solution and Managed Services, helping to power Waddibet. com/ng, which is the media company’s online sports betting and casino offering.?Channels Media Group will utilise Soft2Bet’s Motivational Engineering Gamification Application (MEGA) to help deliver content and drive player engagement, as the supplier will look to take advantage of the media company’s local knowledge.?Read the full story here.

Other stories from Africa:

  • Booming Games expands presence in Africa with ChopBet partnership (Read)
  • BetBlocker expands support to African users with multilingual gambling blocker (Read)

Thailand Cabinet approves bill to legalise land-based casino gambling

According to reports in Thailand, Prime Minister Paetongtarn Shinawatra has confirmed the Thailand Cabinet's approval of a draft law to legalise land-based casinos. The pursuit of integrated resorts had been on Thailand's agenda for some time, with several?operators expressing an interest in the potential new market. More large-scale casinos are slowly entering the horizon in Asia, following the opening of Mohegan's Inspire resort in South Korea last year. Read the full story here.

Other stories from Asia-Pacific:

  • China and ASEAN strengthen cooperation to combat online gambling and fraud (Read)
  • Star Entertainment enters safe harbour amid financial challenges (Read)
  • Singapore blocks access to blockchain prediction platform Polymarket (Read)

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Great updates on industry trends! ?? Looking forward to seeing how these developments shape the future. ????

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