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RubyPlay Buys Splash Tech to Expand Platform Engagement Tools
| Olga LiThe contemporary iGaming supplier landscape increasingly dictates that B2B providers compete heavily on engagement infrastructure rather than game content alone, driving studios to build versatile promotional tooling across multiple game providers. Addressing this market demand, RubyPlay has officially entered into a definitive agreement to acquire 100% of the shares in Splash Tech. This transaction, financed entirely on an all-shares basis, marks the first step by the Malta Gaming Authority licensed studio beyond traditional game creation into platform-level engagement solutions. This major corporate acquisition comes less than a year after industry veteran Tsachi Maimon assumed the role of chief executive at the company on 1 October 2025. While the specific financial terms of the transaction were not publicly disclosed, the completion of the deal remains subject to standard regulatory approvals, after which Splash Tech will operate fully as a subsidiary.
Illegal Online Gambling Costs EU States €22.9bn in Lost Tax Revenue
| Olga Li#BettingLegislation #GamingInEurope
Efforts to curb unlicensed gambling operations across Europe have accelerated significantly as EU institutions face mounting pressure to close critical cross-border enforcement gaps. The European Casino Association (ECA) confirmed on 3 July 2026 that unlicensed platforms deprived European Union member states of an estimated €22.9 billion in tax revenue due to illegal online gambling throughout the 2025 financial year. This alarming figure reflects data presented during a high-level roundtable at the European Parliament. The strategic session, hosted by MEP Lukas Mandl under the strict Chatham House Rule, brought together European lawmakers, representatives from the European Commission, the Anti-Money Laundering Authority (AMLA), Eurojust, and the Joint Parliamentary Scrutiny Group on Europol alongside national gambling regulators in different jurisdictions and prominent sector representatives.
UKGC Outlines Phased Rollout for New Financial Risk Assessments
| Olga LiThe UK Gambling Commission confirmed on 7 July 2026 that it will introduce data-driven financial risk assessments in a staged approach, marking a decisive shift away from traditional document checks that proved highly unpopular with many consumers. Following extensive consultation, stakeholder engagement, and piloting, the regulator opted for a phased rollout rather than a single implementation date to allow the industry's underlying data-sharing infrastructure sufficient time to stabilize.
