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Behind Evolution's Gambling Commission settlement, plus World Cup betting data

iGB Right to the SourceEP 4042 minAired Published

Behind Evolution's Gambling Commission settlement, plus World Cup betting data

iGB's Robin Harrison and Ed Birkin unpack Evolution's UK Gambling Commission settlement, World Cup betting data and the latest UK political backdrop.

Episode from iGB Right to the Source. Summarised by the AffHouse newsroom from the full episode. How we work →

Right to the Source reaches its 40th episode with a news-driven session from iGB's Robin Harrison and Ed Birkin. The headline item is Evolution's regulatory settlement with the UK Gambling Commission. The pair also cover World Cup betting data and the UK political backdrop, both relevant to sportsbook marketing plans.

In this episode

  • Evolution agreed a regulatory settlement of 4.75 million with the Gambling Commission; the case looked at whether its content was available on illegal websites and found two unlicensed operators offering its games across six sites (17:11, 17:38).

  • The hosts say Evolution's Q1 profit was hit by ring-fencing actions to keep its games in regulated markets away from unlicensed suppliers (18:42).

  • Evolution also seems to have binned its $85 million acquisition of Galaxy Gaming; an analysis they cite says Galaxy's 131 licences, including 28 states, would have given it a regulatory fast track (19:23, 20:07, 20:19).

  • New York mobile handle was "flattish, down 1%" from January to May, but up 48% year on year during the World Cup; Montana soccer handle was up 541%, off a low base (7:40, 7:57, 8:45).

  • In Sweden, one operator's June figures show sports betting up 135% and newly registered customers up 340%; a host says the World Cup should be viewed as a customer-acquisition tool (30:28, 32:11, 35:09).

  • Germany has quietly raised the maximum slot stake from 1 to between 3 and 5 (26:51).

Episode 40 of Right to the Source by iGaming Business, published on YouTube.

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