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Bacta unveils sponsors for 2022 flagship events

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Bacta has unveiled its supporting sponsors for its three flagship events of 2022. The organisations’ invaluable support will help make bacta’s Social Responsibility Exchange (22 November), Annual Convention (23 November) and Parliamentary Reception (23 November) possible.

 

Social Responsibility Exchange – sponsor Claratus Commercial Finance

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Bacta will host its annual Social Responsibility Exchange at the County Hall in London on Thursday 22nd November. The event will provide members with an opportunity to share best practice tactics and strategies around Social Responsibility.

The event will be introduced by Elizabeth Speech, chair of bacta’s Social Responsibility Committee. YGAM and GamCare will also be speaking at the event alongside Social Responsibility updates from the Gambling Commission.

Claratus Commercial Finance provides clear, fair and effective finance to small and medium businesses in the UK and are specialists in the Gaming, Amusement & Leisure sectors.

Claratus can assist with the purchases of new and used machines on finance to spread the cost and protect cash-flow. Claratus can also review existing facilities, refinance higher-cost debt or provide working capital for various purposes as well as business loans all at competitive rates.

Simon Clarke, Director of Claratus, said: “As a fair and responsible finance provider with a long term commitment to the industry, we are delighted to support bacta’s Social Responsibility Exchange, which will prove to be a vital event in the industry’s calendar and one which addresses such an important issue.”

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Bacta’s Annual Convention – sponsor Novomatic

Bacta will hold its Annual Convention at County Hall, London.  In a programme packed with top drawer speakers from politics, business and the wider tourism and gambling sectors, the event provides the focus of industry discussion around the gambling White Paper, tourism, and the future of pubs and clubs.  Following an address from the Gambling Minister, a panel of MPs will debate the future of the industry.  The day concludes with a keynote speech from serial entrepreneur, Luke Johnson.

Kevin Temple, Director of Sales, Novomatic, said: “As a long-term supporter and member of bacta we are pleased to be backing bacta’s annual convention this year.  It has a relevant and exciting programme for the whole industry.”

 

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Bacta’s Parliamentary Reception – sponsor Blueprint Operations

Following the Convention in the Houses of Parliament on 23 November. Bacta will also announce the winner of its 2022 awards, which celebrate the very best of the sector. The awards recognise those who have made a unique impact in the industry during the past 12 months, with categories including High Street Hero, Seaside Saviour, Supply Chain Champion, Green Giants and Rising Star.

The judges of the awards include MPs, and the leaders of the Betting and Gaming Council, Brigid Simmonds OBE, UK Hospitality, Kate Nicholls OBE, and bacta CEO John White as well as bacta President, Greg Wood. Potential entrants can apply for the awards on bacta’s website and entries will close next Monday 31st October.

The Event allows the industry to showcase to MPs just some of the entertainment provided by the sector to millions of their constituents each year.  The winner of bacta’s MP seaside selfie competition winner will also be announced.

David Purvis, Managing Director of Blueprint Operations, said: “As a bacta member and supporter, we are delighted to be supporting bacta’s parliamentary reception. Engagement with parliamentarians is at the core of bacta’s mission and we expect the reception to be a great success.”

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Bacta CEO, John White thanked all the sponsors of the November events: “I want to say a massive thank you to Claratus, Novomatic and Blueprint for the extremally generous support they have provided.  It is testament both to them and to the industry of which they are part that we have members who recognise the value of what we do and were quick to support us.”

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Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market

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North American Expansion Kicks Off Through Strategic Partnership with Moozi

Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.

With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).

Damjan Stamenkovic, CEO of Expanse Studios, commented:

“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”

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James Anderson, Moozi’s CCO, added:

“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”

This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.

 

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GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline

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GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.

In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.

Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.

In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.

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GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.

Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.

“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.

“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”

The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.

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Kambi Group plc repurchase of shares during 18 December – 23 December 2024

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Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

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Date Aggregated daily
volume (number of
ordinary B shares)
Weighted average
share price
per day (SEK)
Total daily
transaction
value (SEK)
18 December 2024 10,000 100.00 999,967
19 December 2024 10,000 99.39 993,929
20 December 2024 10,000 98.86 988,588
23 December 2024 10,000 98.26 982,562

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/

The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.

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