🕵️♂️ Pinnacle quietly exits Curaçao.
One of the oldest gambling companies, Pinnacle, is leaving Curaçao, where it had operated since the late 1990s. The office is now empty, staff have been laid off, and customer support is unresponsive. Although the company’s license is valid until summer 2025, there are no plans to renew it. Unofficial sources say the exit is due to high salary expenses, while competitors operate from cheaper offshore locations. Pinnacle already holds a backup license from the island of Anjouan.
🛑 Royalty Revenue affiliate program halts new player registrations.
As of May 20, the Royalty Revenue affiliate program is no longer accepting new players. The brands Drake Casino, VipSlots, and Gossip Slots will continue to pay commissions on Revenue Share deals, but CPA deals will only be paid out for activity through May. This indicates that the brands themselves are not shutting down.
💰 Bybit launches trading of traditional markets via USDT.
Starting May 19, Bybit users can trade stocks of 78 major companies, including Apple and Tesla, without using fiat currency. Gold and oil trading is also available. The update has drawn mixed reactions from U.S. authorities.
🇬🇪 Europebet rebranded as Betsson Georgia.
Betsson Group has rebranded Europebet to strengthen its position in the Georgian market and integrate the local brand into its global portfolio. Europebet is one of the most recognized brands in Georgia and was acquired by Betsson Group in January 2015.
🇧🇪🔍 Study: 25% of Belgian players use unlicensed iGaming platforms.
A recent study shows that around a quarter of Belgian players prefer unlicensed gambling platforms, raising concerns about regulation and player safety in the sector.