Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …
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MaxBet nets record sponsorship of FK Partizan Belgrade
MaxBet, the Balkan market subsidiary of Flutter Entertainment, has announced its ‘biggest sponsorship agreement ever’ – becoming the principal sponsor of FK Partizan Belgrade. As reported by the Serbian media, MaxBet has agreed to terms on a €5.5m deal to become the ‘general sponsor’ of FK Partizan Belgrade for the next three and a half years. The deal sees MaxBet …
Read More »PIN-UP.TECH raises the bar on anti-fraud processes with ML and AI models
PIN-UP.TECH, part of the international ecosystem PIN-UP Global, has announced that it will take anti-fraud processes to a ‘new level’ using its own ML/AI models. According to the company, routine checks are now performed automatically, taking into account all available transaction data. In a statement, the firm cited effective risk management as being one of the most important factors for …
Read More »Peru seeks new president for Directorate of Gambling ahead of 2024 shake-up
The government of Peru seeks a new President to lead the General Directorate of Casino Games and Slot Machines (DGJCMT). The development comes following the removal of incumbent Eduardo Sevilla Echevarría, whose tenure was terminated yesterday by MINCETUR, Peru’s Ministry of Foreign Trade and Tourism. MINCETUR issued an update signed by Minister of Trade Juan Carlos Mathews Salazar detailing that …
Read More »Sky Bet expands FTP suite with Incentive Games
Sky Bet has linked with Incentive Games, as the operator looks to tap into the igaming industry and free to play games to elevate player engagement. As a result of the collaboration, the operator will launch Match 5 as the firm looks to elevate the crossover from igaming to sportsbook. John Gordon, CEO and Co-Founder of Incentive Games, said: “We’re incredibly …
Read More »Brazil: Manssur resignation rocks final steps of Bets launch
The Ministry of Finance of Brazil has confirmed that José Francisco Manssur has resigned from his post and will no longer participate in the final procedures of the forthcoming launch of Brazil’s federal sports betting marketplace. Manssur served as a principal adviser to the government in drafting Bill No. 3,626/2023, which forms the legislative framework for Brazil to launch its …
Read More »FDJ to sell Sporting Solutions as future lies in B2C growth
Groupe Francaise des Jeux (Groupe FDJ) has put its B2B unit Sporting Solutions up for sale and is looking for a buyer for the company it acquired in 2019 for an undisclosed sum. As reported by Jake Pollard of Gaming&Co, the Paris EuroNext gambling group has recruited London-based M&A specialists Oakvale Partners around two months ago to lead the search …
Read More »HWB appoints new members to complete equine welfare strategy
Three new members have been appointed to the Horse Welfare Board (HWB) to continue British horseracing’s commitment to the highest standards of animal welfare, safety, and aftercare. The HWB serves as the independent body on equine care and welfare standards reporting to the British Horseracing Authority (BHA). The board continues to prioritise the principal objectives of its “A Life Well …
Read More »Rank takes on full customer compliance platfrom of DoTrust
Rank Group Plc has expanded its principal supplier partnership with the Department of Trust (DoTrust) to cover all compliance and customer risk assessment duties of the LSE-listed gambling group. As announced this morning, Rank Interactive unit will integrate “DoTrust Complete”, the “first dedicated platform offering end-to-end frictionless and enhanced financial risk checks to support all stages of the player journey.” …
Read More »Kazakh Tax Authority stands by accountability of consumer confidentiality on gambling reports
The government of Kazakhstan has authorised amendments to the Tax Code that will require all licensed gambling operators to report on the wagering activities and profiles of Kazakh citizens. A mandate that was approved by the Mazhilis (Parliament) in November has been imposed as of 12 February 2024, and will require Kazakh gambling operators to submit direct customer reports to …
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