Ted Menmuir

Belgium lottery chief criticised for privatisation remarks

SBC News Belgium lottery chief criticised for privatisation remarks

Jannie Haek, Chief Executive of Belgium’s national lottery operator ‘Loterie Nationale’, has been criticised for commenting on the potential privatisation of a state-owned asset. Belgium media had questioned Haek on whether the Loterie would replicate the privatisation of French gambling operator Française des Jeux (FDJ), which grabbed international business headlines by becoming one of Europe’s most successful IPOs in 2019. Offering …

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Swedish ombudsman warns operators of marketing duties

SBC News Swedish ombudsman warns operators of marketing duties

Sweden’s consumer ombudsman Konsumentverket (KO) has told national media that William Hill subsidiary Mr Green and Karl Casino – a property of L&L Europe – have breached Sweden’s advertising and gambling codes. The igaming operators have been accused of promoting marketing offers to customers registered with ‘Spelpaus’ Swedish gambling’s ’self-exclusion scheme. KO governance has issued warnings to Mr Green and Karl Casino with regards …

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Scientific Games completes $1.2 billion debt-note transaction

SBC News Scientific Games completes $1.2 billion debt-note transaction

Issuing a corporate filing, Nasdaq-listed technology group Scientific Games Corporation (SGC) has confirmed that its wholly-owned subsidiary unit ‘Scientific Games International Inc’ has completed its private debt-offering of $1.2 billion sanctioned at the start of November. A breakdown of the transaction sees Scientific Games debt-note comprised of two tranches set at $700 million of senior unsecured notes due for 2028, and $500 …

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Gamesys moves compliance disciplines to TruNarrative’s ‘single platform’

SBC News Gamesys moves compliance disciplines to TruNarrative's 'single platform'

London-listed Gamesys Group (formerly JPJ Group Plc) has moved to strengthen its customer on-boarding capacity appointing TruNarrative as its ‘single platform’ compliance solution provider. The agreement sees Gamesys utilise TruNarrative’s all-in-one compliance solution across its digital portfolio, providing provisions for fraud detection, ID verification, behavioural monitoring, AML and KYC referencing. Updating stakeholders, Gamesys detailed the importance of managing compliance enforcements …

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SPER launches inaugural Swedish leadership awards

SBC News SPER launches inaugural Swedish leadership awards

As Sweden’s re-regulated online gambling marketplace completes its first full-year in operations, independent online gambling trade association Spelbranschens Riksorganisation (SPER) has launched its inaugural ‘Swedish Gambling Leadership Awards’. SPER details that it seeks to promote and reward industry leaders who have promoted social responsibility, corporate sustainability and fair play interactions during a crucial period for all Swedish gambling incumbents. Swedish …

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Growth hungry FDJ acquires Bimedia ‘point-of-sale’ network

SBC News Growth hungry FDJ acquires Bimedia 'point-of-sale' network

A newly privatised Française des Jeux (FDJ) has moved to strengthen its retail services by sanctioning a buyout of French payment solutions provider Bimedia. The newly listed Paris Exchange gambling enterprise confirms that it has ‘entered an agreement’ with European private equity fund Idinvest Partners to acquire its Bimedia asset for ‘less than €50 million’. Updating investors, FDJ governance states …

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Raketech appoints ‘proven pro’ Klas Winberg as new CMO

SBC News Raketech appoints 'proven pro' Klas Winberg as new CMO

Stockholm-listed industry affiliate marketing network Raketech Group Plc has confirmed the appointment of Klas Winberg as new Chief Marketing Officer (CMO). Winberg joins Raketech’s executive management team from competitor Catena Media, where he formerly served as VP of Sales & Marketing, leading the firm’s commercial disciplines. A proven industry leader in player acquisition, market development and developing effective marketing strategies, Winberg …

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Unibet secures NBA data accreditation for US wagering

SBC News Unibet secures NBA data accreditation for US wagering

Stockholm-listed Kindred Group Plc has confirmed that its flagship Unibet sportsbook subsidiary has been syndicated as an NBA wagering partner for US wagering markets. The approval will allow Unibet’s US operations to access NBA data and statistics, enhancing its basketball inventory for customers wagering within regulated US states. A busy 2019 has seen Unibet launch its first US online sportsbook property …

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Sportech recovery driven by operational efficiencies

SBC News Sportech recovery driven by operational efficiencies

The governance of London-listed Sportech Plc has detailed confidence in the firm’s performance and future prospects as 2019 trading is forecasted to surpass ‘adjusted EBITDA expectations’. Updating investors, Sportech governance details that the company has benefited from ‘operational efficiencies’ implemented across the firm’s business channels, forming part of Sportech’s wider group transformation programme. During the course of 2019, the racing …

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Winning Post – US regulation… Are we California Dreamin?

SBC News Winning Post - US regulation... Are we California Dreamin?

Industry strategic consultancy Regulus Partners examines a week of tribal movements on Californian wagering legislations, and potential impacts on how the US’ biggest and richest state will move to implement its sports betting frameworks… Last week a group of 18 Indian tribes in California, including some of the most powerful, moved to put sports betting on the ballot of the 2020 …

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