Banco Central do Brasil has been authorised to expand the Pix payment platform internationally to accommodate cross-border transactions for Brazilian businesses. The decision was taken following a meeting of the Central Bank’s policy advisors on how to maximise global cross-border payment authorisations and efficiencies helping expand Brazil’s international network and resources for business. Pix was first launched by the central …

Yesterday’s Annual General Meeting (AGM) of the Betting and Gaming Council (BGC) showcased the distinct opinions of key political actors at the centre of delivering the change needed to future-proof UK gambling.  “There is never a dull moment in our industry,” stated BGC CEO Michael Dugher, opening the proceedings of the AGM held at the Institution of Civil Engineers in …

The board of Flutter Entertainment Plc has confirmed that David Lazzarato will not seek re-election as an independent Non-Executive Director (NED) of the FTSE100 and NYSE gambling group. The decision comes ahead of Flutter’s scheduled annual general meeting (AGM) on 1 May 2024, in which Lazzarato will resign from all duties as corporate NED. An expert in financial planning and …

Kansspelautoriteit (KSA) has summoned a record penalty of €19.7m on Gammix Limited for offering online games of chance in the Netherlands without a licence. Enforcing its biggest fine ever, KSA noted that Gammix offers illegal online gambling games to players in the Netherlands on the websites rantcasino, betoriginal, bluvegas, cashimashi, goslot, nordslot, vegadream and scatters – and has “not taken any …

SBC’s Affiliate Leaders caught up with Edoardo Ganetti, Director of SEO at Gambling.com, ahead of his participation at the CasinoBeats Summit to discuss some of the key talking points during the SEO Chatshow titled ‘E-E-A-T and AI: frenemies or not?’, where he will appear as one of the speakers. The conversation encompassed a range of topics, delving into the correlation …

The UK Gambling Commission (UKGC) has achieved a principal objective, publishing the first datasets of the Gambling Survey of Great Britain (GSGB). Following consultations undertaken between 2020 and 2021, the Commission launched the GSGB project to change how data is collected on “adult gambling participation and problem gambling prevalence statistics.“ Today, wave one of the GSGB datasets was released, centered …

Lottomatica Group SPA states that it has achieved all corporate objectives of a transformative 2023, as its business prepares to become Italian gambling’s outright market leader by acquiring SKS365 Group.  Publishing its full-2023 accounts this morning, Lottomatica announced corporate revenues of €1.63bn, up 12% on FY2022 results of €1.49bn. Growth in headline revenues reflects Lottomatica generating consolidated bets (volume) of …

The British Horseracing Authority (BHA) will persist in advocating for the government to comprehensively evaluate the implementation of financial risk checks on UK gambling customers.  The demand was underscored by BHA CEO, Julie Harrington, following Monday’s parliamentary debate concerning affordability checks, as proposed by the Gambling Review’s White Paper – a discussion tabled by UK Racing stakeholders. MPs were implored …

Finland’s Institute of Health and Welfare (THL) has expressed detailed concerns about the increasing instances of gambling-related disorders, even as Finland experiences a decline in gambling participation. The observation was made by the Health Institute during its public survey to ascertain the prevalence of moderate and problem gambling risks among Finnish adults.  The Institute, responsible for monitoring records on disorders …

The Gambling Commission seeks to improve transparency on funding disclosures related to licensees and their investors, a remit needed to strengthen its regulatory oversight of UK Gambling. Jessica Wilson, Gambling Law Associate of Harris Hagan provides her legal eye on newly released guidance from the Commission which aims to clarify the requirements for source of funding disclosures, but still leaves …