Gambling Industry News Digest. Week 37

14.09.2024
⛔️ Betsson stops accepting bets from U.S. customers
The Swedish bookmaker Betsson, which entered the U.S. market under the Betsafe brand in Colorado in March 2022, announced it will stop accepting bets from U.S. customers at the end of September. The company will continue its operations as a software provider for other gambling companies.

⚡️ DraftKings acquires Simplebet for $195 million
This move is aimed at leveraging the startup’s potential in micro-betting. Micro-bets are small wagers on short events that are becoming increasingly popular among players.

🔎 Gambling and memes: a dangerous game?
Gambling operators have started actively using memes in advertising. The U.K.’s Advertising Standards Authority (ASA) is already investigating the potential harm of such marketing to children.

💰 1win token enters the cryptocurrency market
The company has announced the integration of 1win Token into its ecosystem. The listing date is still unknown, but buyback and token burning procedures are planned. A $1 million airdrop is expected soon.

🏢 SOFTSWISS expands its horizons: moving into offline
The successful iGaming software developer is launching a new solution for retail betting through its acquisition of a controlling stake in South African provider Turfsport.

☄️ PHARAOH and FONBET: controversy over a track
Rapper PHARAOH received ₽100 million for mentioning FONBET in his track, but the label Destroy Lonely is demanding the song be removed due to a contract violation. FONBET denies any advertising partnership.