Ted Menmuir

Lottstift expands funding for volunteer groups treating gambling addiction

SBC News Lottstift expands funding for volunteer groups treating gambling addiction

Lottstift, the Gambling Authority of Norway, has expanded its funding coverage to support volunteer groups treating gambling addiction. The authority has reminded volunteer groups and related organizations of its 31st January deadline to secure financial support for the treatment of gambling harm. The directive is part of the Norwegian government’s 2022-2025 action plan, which tasks Lottstift with expanding a network …

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888 recruits Ian Gallagher as Chief Product Officer

SBC News 888 recruits Ian Gallagher as Chief Product Officer

888 Holdings has hired Ian Gallagher as its Chief Product Officer. Starting the role back in December, Gallagher will be in charge of 888’s product vision, strategy and development of its global brands and business units such as 888, William Hill, Mr Green and Sports Illustrated. Gallagher will be directly responsible for the LSE gambling group’s teams of product managers, engineers, designers, and …

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GambleAware: Statutory Levy changes must prioritise National Strategy for Harm Prevention

SBC News GambleAware: Statutory Levy changes must prioritise National Strategy for Harm Prevention

GambleAware has stated that the government must prioritise the development of the National Strategy for the Prevention and Treatment of gambling harms in its ongoing review of gambling laws and duties. The statement was made by GambleAware in its response to the Statutory Levy consultation as proposed by the Gambling Review’s White Paper, authored by CEO Zoë Osmond. Under consultation, …

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CONAR publishes Annex of advertising duties for Brazil betting regime 

SBC News CONAR publishes Annex of advertising duties for Brazil betting regime 

CONAR, Brazil’s advertising watchdog, has published ‘Annex X’ of “self-regulation rules” for betting advertising campaigns, needed for the launch of the country’s pending federal sports betting marketplace. Referred to as the National Advertising Self-Regulation Council, CONAR is a non-governmental body that oversees the standards and conduct of Brazil’s advertising code implemented across all media platforms. The publishing of Annex X …

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Italy approves Reorganisation Decree for Online Gambling

SBC News Italy approves Reorganisation Decree for Online Gambling

Italy will undertake a sweeping reform of its online gambling laws in 2024, as the government approved the ‘Reorganisation Decree‘ mandate needed to settle long-standing industry conflicts. On Tuesday, the government declared that it had approved the terms of the Reorganisation Decree, as proposed by the Ministry of the Economy and Finance (MEF). The Decree will see Italian gambling undertake …

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Blackstone parks CIRSA IPO plans 

SBC News Blackstone parks CIRSA IPO plans 

CIRSA will not pursue a public listing in 2024, as the investors of the heritage Spanish gambling group have reportedly “parked plans for an IPO”. Concluding 2023 trading, CIRSA announced that it had changed its legal identity to the new name ‘CIRSA Enterprises’, reflecting the firm’s business transformation since its majority acquisition by private equity giant Blackstone in 2018. The …

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Codere appoints PKF Attest to audit 2023 accounts

SBC News Codere appoints PKF Attest to audit 2023 accounts

Grupo Codere SA has appointed PKF Attest to serve as the principal auditor of the gambling group in the Spanish and South American markets. The Spanish unit of PKF Attest will replace EY, which in 2023 severed ties with Codere, ending its seven-year tenure as an independent auditor, having overseen audits on consecutive debt refinances needed to maintain Codere’s embattled …

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Lula signs Brazil Sports Betting Bill into federal law

SBC News Lula signs Brazil Sports Betting Bill into federal law

President Luiz Inácio ‘Lula’ da Silva has signed Bill PL3626/23 into law, which will establish the regulatory framework for Brazil to launch its federal sports betting marketplace. Authorised by Lula on Saturday, December 30, the president’s endorsement completes the legislative process, steering clear of the 2022 impasse when former President Jair Bolsonaro withheld federal sign-off of sports betting. The Workers’ …

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Market Make-up: German books conform but do offer variety

SBC News Market Make-up: German books conform but do offer variety

The Market Make-up series continues as Jake Pollard and Propus Partners monitor German sportsbook offerings.  Though Germany sees a conformity on margin controls, bookmakers contrast by offering a wide range of unique betting markets and features like bet builders, and significant variation in the number of markets and overrounds applied across different operators. ____________________ As part of its ongoing series …

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