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 …

Catena Media Plc has announced the promotion of Michael Gerrow to Group CFO of the Nasdaq Stockholm-listed igaming media publisher. The current VP of Corporate Finance, Gerrow will assume the role of Group CFO on April 15, succeeding Erik Edeen, who has served as interim CFO since February 2023 following the departure of Peter Messner. Erik Edeen will continue to …

Spanish consumers must declare profits from online gambling winnings in 2023 self-assessment income tax returns. The directive comes from the Agencia Tributaria (AEAT), the Tax Agency of Spain’s Ministry of Finance, where Director General Soledad Fernández is increasing scrutiny on profits from online gambling, cryptocurrency transactions, property rentals, and foreign income. Before the 2023 income tax filing period, AEAT issued …

The leadership team of Allwyn International believes that the global lottery sector is at a ‘point of intersection’ driven by digital transformation and societal change. The thoughts and opinions of Allwyn’s leadership team were published in a report titled “The Future of Lottery: A Game for Change,” produced by the research agency The Future Laboratory. Allwyn commissioned the report to …

EGT Georgia has been revealed as the presenting partner for the upcoming edition of SBC Summit Tbilisi, jointly organised by SBC and SMH. SBC Summit Tbilisi is scheduled for 25-26 June at the Sheraton Grand Tbilisi Metechi Palace. With over 1,500 senior sports betting and iGaming executives in attendance, this gathering in Georgia’s capital aims to strengthen ties and provide …

Kansspelautoriteit (KSA), the Gambling Authority of the Netherlands, has stated that it has tracked over 1.1 million gambling accounts participating in the regulated KOA market. The figure is the headline finding of the KSA’s ‘monitoring factsheet’ on Dutch online gambling trends under the mandate of the Remote Gambling Act (KOA Act) – the framework that legalised Dutch online gambling as …

Endeavor Group the NYSE-listed entertainment and sports group will be transformed into a private firm in 2025, after private equity firm Silver Lake agreed to a deal to acquire the company for $13 billion. The biggest investor in Endeavor,  Silver Lake holds around 31% of outstanding shares as of the end of 2023. The California-based PE fund stated in October that …