Author: Jimmy Aki

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works. Contact him at Jimmy@beanstalk.io

LeoVegas AB, the Swedish gambling giant with far reaches in the country’s gaming space, has gotten a five-year extension to operate in Sweden. This was made known in an official press release published on October 28, 2019. The gambling license in Sweden was introduced earlier this year to provide control and order in the online gambling market. At the time, the license was given on a two-year basis, and LeoVegas was one of the first companies to be awarded. With the recent update, everything is in play for the gambling giant to operate in its home country for the next half-decade. …

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For quite a while now, the state of New Jersey has been seen by many as the crown jewel of online gambling in the United States. However, while there was no argument to the supremacy of the Garden State, recent statistics have just revealed the largesse of this gambling space.  According to recent reports, sportsbooks and casinos in New Jersey were able to make some serious bank in September. Total gross revenues from online gambling alone reached an insane $67.3 million for the month. The revenue peg bests the $60 million reported earnings in August, and it covers money gotten from online…

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In what will be music to the ears of gambling enthusiasts all over the world, the International Betting Integrity Association (IBIA) has reported that suspicious gambling has plunged in the third quarter of this year.  According to a report released by industry news source Gambling Insider on October 23, the IBIA, an organization that has advocated for licensed betting and more integrity in the space, reported that there were just 50 reports of suspicious gambling activity in Q3 2019. This figure effectively brings the total number of reports for 2019 to 138. The cumulative figure so far marks a 25 percent…

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The Gaming Innovation Group (GiG), an online provider of casino and betting services, has announced that it will be acquiring gaming operator Top Games.  According to a press release published yesterday, GiG will be hoping to use the Top Games acquisition as part of its plans to expand its reach to Croatia.  The Exciting Croatian market GiG reportedly claimed that it would be purchasing a 75 percent stake in the Croatian gaming operator, thus qualifying the platform to operate as a remote gambling service in the country. The fee for the acquisition has so far been undisclosed, but it has also been…

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For quite a while now, Internet giant Google has continued to hold the keys to some untapped fortunes in the gambling world, and the company has done a rather good job of guarding those fortunes well. According to its recent update, Google will now allow online gambling operators to run ads in several countries. For those who currently run ads in the United States, the Search Giant has increased the range of states in its coverage. Per the update, online gambling operators will be able to run their ads to prospects in Nigeria, Kenya, and Colombia as of this month.…

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