Ted Menmuir

Rada opens passage for a simplified Ukraine gambling tax code

Ukraine stakeholders have cited progress on the deliberation of the gambling tax framework required to finalise the market terms of the federally approved Ukraine Gambling Law. Yesterday, the Verkhovna Rada (federal parliament) approved the first reading of amendments made to the Gambling Law’s ‘tax code’. Alongside outstanding technical certifications, the Rada is yet to settle on the final tax framework …

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Superbet acquires Napoleon’s to establish Belgian market leadership

Superbet Group will take leadership of Belgium’s gambling marketplace, having agreed to acquire outright Napoleon Sports and Casino. The Romanian gambling group reached a takeover agreement with European private equity fund Waterland PE, with parties choosing not to disclose financial terms of the transaction, which is reported to be valued above €350 million. It is a transformative deal for Superbet, …

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Scientific Games orders SciPlay buyback 

The board of Scientific Games Corporation has disclosed its intentions to acquire the remaining 19% equity interest in casual games subsidiary SciPlay.  The transaction has been ordered to advance Scientific Games planned strategic overhaul, which will see the Nasdaq gambling technology group operate a solely focused casino games developer and content supplier.  SciPlay had been independently listed on Nasdaq in …

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MansionBet doubles down on Millwall FC partnership

MansionBet has extended its principal betting sponsorship of South London EFL Championship football club Millwall FC. Renewing its sponsorship duties for a further season, the Mansionbet brand will also be displayed on the back of The Lions matchday shirts. MansionBet initiated its sponsorship of Millwall in January 2020, with the Gibraltar-based bookmaker choosing to maintain its sponsorship duties during last …

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German operators swallow tough adjustments of GlüNeuRStv regime change

There can be ‘no more transition’ as German gambling stakeholders are now ordered to accept the terms of the Fourth Interstate Treaty on Gambling (GlüNeuRStv) that came into federal existence on 1 July 2021.  A German stakeholders panel at CasinoBeats Summit Malta dissected the bleak prospects of a maligned and unmerited ‘GlüNeuRStv Regime’ – which despite widespread protest remains unchanged …

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Lottoland launches Win-Win Charity scratchcard to support UK charities

Lottoland

Online lotto betting operator Lottoland has launched a new Win-Win Charity scratchcard to support its aligned charities – Hospice UK, Blue Cross for Pets and the Prader-Willi Syndrome Association UK. The scratchcard has a top prize of £50,000 and 20p of every £1 game cost will go to these good causes. Hospice UK is the national charity for hospice and palliative care, ensuring adults and children with a …

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F1 selects PokerStars as principal betting sponsor

Formula 1 (F1) has announced PokerStars as its new official betting sponsor, following a deal struck between the online poker brand and the racing series’ sponsorship and data rights agency, Interregional Sports Group (ISG). The agreement will see the Flutter Entertainment-owned brand, which operates as part of The Stars Group, feature exclusively across Formula 1 broadcasts until 2023. Additionally, the deal expands the global racing …

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Maxima Compliance appoints Catalin Zaha as product lead

Industry full-service compliance agency, Maxima Compliance has confirmed the appointment of Catalin Zaha to the newly created role of Chief Product Officer (CPO). A seasoned software engineer and product management expert, Zaha joins Maxima Compliance from Flutter Entertainment’s Paddy Power Betfair unit, where he served as a product manager optimising data for regulatory and financial purposes. “Maxima Compliance continues to build …

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GAMSTOP nets ‘best outcomes’ in independent evaluation of self-exclusion 

GAMSTOP, UK gambling’s self-exclusion scheme, has cited that eight out of 10 players (82%) have stopped or reduced their gambling habits since registering with its services. The headline figure was communicated to GAMSTOP following an independent evaluation of player self-exclusion outcomes undertaken by research agency Sonnet.   Based on the survey feedback of more than 3,300 users of GAMSTOP, 84% …

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Sweden requires bigger regulatory objectives to balance gambling marketplace

A deep dive on the prospects and realities of Sweden’s regulated online gambling marketplace opened the ‘Key Markets’ track on day one of the CasinoBeats Summit Malta. “Three years on from its re-regulation in 2019, Swedish gambling has faced perhaps the toughest balancing act of any European marketplace in the context of its liberalisation and regulation.” This was an observation …

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