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Betsson Bets on Latin America's Emerging Markets: Launches in Brazil and Paraguay, Boosting Regional Revenue by 70%

Betsson Bets on Latin America's Emerging Markets: Launches in Brazil and Paraguay, Boosting Regional Revenue by 70%

After the latest financial report was released, Betsson CEO Pontus Lindwall emphasized that the newly launched gambling services in Brazil and Paraguay will become the new engines for the company's continued growth in the Latin American market. In the first quarter of 2024, Betsson's revenue in Lati

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After the Philippines banned online gambling, this company made 12 billion.

After the Philippines banned online gambling, this company made 12 billion.

By the end of 2024, the Philippine government will completely ban offshore gaming operators (POGO), i.e., online gambling. Many weak gambling companies have successively failed and a large number of farmers have reluctantly moved to other countries.The gambling practitioners (referred to as farmers

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E-games are developing strongly and may become a key pillar of the POGO industry!

E-games are developing strongly and may become a key pillar of the POGO industry!

In recent years, the e-games industry has become a significant driving force in the Philippine gaming industry.According to data from the Philippine Amusement and Gaming Corporation (PAGCOR), since 2023, e-games have seen significant revenue growth in the gaming industry, with an increasing contribu

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Heavy News! PAGCOR will further reduce the rates for gambling operators to attract more investment!

Heavy News! PAGCOR will further reduce the rates for gambling operators to attract more investment!

On September 11, 2024, the Philippine Amusement and Gaming Corporation (PAGCOR) announced that it will further reduce the Gross Gaming Revenue (GGR) remittance rates for both online and physical gaming platforms in 2025 to attract more investments.Alejandro Tengco, Chairman and CEO of PAGCOR, stated

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Danish regulators advocate for responsible gambling amid industry growth

Danish regulators advocate for responsible gambling amid industry growth

In Denmark, the gambling regulatory authority Spillemyndigheden is intensifying efforts to promote responsible gambling as the country's gambling industry continues to grow.Economic GrowthThe Danish gambling economy is growing, with data showing that gambling expenditure in July 2024 increased by 2.

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