Romania’s gambling sector faces further upheavals, following Parliament’s approval of an executive order by Prime Minister Marcel Ciolacu to enforce ‘Legea Păcănelelor’ (The Pannel Law).  Yesterday, PM Ciolacu declared a victory for Romania’s PSD-&-PNL coalition government, who secured approval to implement a ban on “gambling localities in towns with less than 15,000 registered inhabitants”.  The law was authorised by a …

The government of Italy has settled on the new framework of licences for online gambling concessions. A new structure for Italian online gambling concessions was published yesterday by Parliament’s Gazette as an amendment carried forward by the government’s ongoing ‘Reorganisation of Gambling‘ decree. Recognised as a principal objective of the planned overhaul of Italian gambling laws, the government seeks to …

The Constitutional Court of Latvia has ruled that commercial restrictions imposed by the municipality of Riga on licensed gambling venues are unlawful. Latvia’s judiciary was ordered to intervene and review the plans of the Council of Riga to shut down 139 gambling venues operating in the capital city. The order was authorised by the city’s council, which approved a decree …

GambleAware has initiated an invitation to tender for a partner to undertake the “Evaluation of the Effectiveness of the National Gambling Support Network (NGSN).” The tender is deemed a significant project by GambleAware, which will commission a learning and evaluation partner to carry out an evaluation that delivers independent, actionable, and robust insights into the effectiveness of the National Gambling …

Thomas Holland, Product Director at Genius Sports, outlines how automated trading technology is enabling operators to use real-time liabilities across correlated markets to drive margin growth at scale, reducing reliance on manual limit settings to minimise risk. _________________ In many ways, the growth of 24/7 betting content has been both a blessing and a curse. On one hand, the 250% …

Nominated as a new board member of Gaming Innovation Group (GiG), Mateusz Juroszek, partner and co-owner of investment fund Betplay Capital, backs a transformed GiG to become the biggest disruptor of igaming media. Yesterday, GiG accelerated its plans to split its business by announcing the composition of two separate boards for its Platform and Media subsidiaries. Alongside legal expert Cristina …

The Betting and Gaming Council (BGC) has appointed Grainne Hurst as the new Chief Executive of the trade and standards body representing the UK gambling sector. An expert in public affairs and corporate social responsibility (CSR), Hurst joins the BGC from Entain Plc, where she served as Group Corporate Affairs Director of the FTSE 100 gambling group. 2024 has seen …

The board of Gaming Innovation Group (GiG) has submitted its proposal to form two separate board entities needed to advance plans for the strategic split of its Media and Platform businesses. The proposal has been summitted to investors ahead of GiG’s Annual General Meeting (AGM) to be held in Stockholm on 22 May 2024. Investors were informed that “the Nomination …

The assets of Entain Plc are being closely circled by private equity giants, with a view to plunder the FTSE100 gambling group under its strategic review. As reported by The Sunday Times, the ‘US private equity barons’ of Apollo Global and CVC Capital are considering a break-up of Entain as the business ends its era of ‘casino capitalism‘, following last …

Affilka by SOFTSWISS, the tech company’s affiliate management software brand, has partnered with 10bet to enhance the latter’s affiliate marketing strategies and market reach. Through the deal, affiliate management software will be provided to 10bet, assisting with the operator’s approach in its respective markets across Europe, Latin America and Africa. Seven brands from 10bet have already been launched through the Affilka by SOFTSWISS …