Ted Menmuir

Italian MPs urged to support gambling reforms as a Budget Law commitment

Italian gambling is waiting to see whether amendments to restructure the gambling sector will be incorporated as a policy measure of Italy’s next Budget Law. A draft proposal to ‘reorganise Italian gambling’ is reported to have been finalised by Claudio Durigon, the former undersecretary of the Economic Treasury. Yet, maintaining the bad luck tribulations of Italian gambling, Durigon was forced …

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Carsten Koerl: Legacy systems hinder betting’s global opportunity

Sportradar CEO Carsten Koerl has warned industry leadership to prepare for seismic changes across all components of betting’s value-chain, transforming how incumbents engage with global sports audiences. Day-2 of the SBC Barcelona Summit provided a dissect of the pioneer’s technology perspectives, fresh from guiding Sportradar through its $8 billion public listing on the US NASDAQ  Having achieved the feat of …

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Jette Nygaard-Andersen: Gambling must learn to champion its customers

Jette Nygaard-Andersen has underlined that global gaming leadership must accept its remit in maintaining a sustainable industry as a “common-sense goal” as incumbents face a decade of new challenges. The Group CEO of Entain Plc provided the keynote speech, opening the SBC Barcelona Summit, as Entain was placed at the forefront of global news headlines following a $22 billion approach …

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Entain discloses terms on DraftKings $22 billion approach  

The board of Entain Plc has published a further media statement outlining the financial terms of DraftKings approach to acquire its business. The statement confirmed a first offer made by DraftKings at £25 per share, comprised of a combination of group shares and cash – valuing the business at $20 billion (£14.6 bn) Entain governance rejected DraftKings initial terms that …

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Dekker orders KSA to end cooling amnesty for unlicensed operators

A last-minute order by Dutch Legal Protections Minister Sander Dekker has enforced regulator Kansspelautoriteit (KSA) to terminate its ‘cooling-off’ reprieve for unlicensed operators awaiting to join the KOA Regime from 1 October.  Yesterday, Dekker informed the Kamer that he had instructed KSA to no longer offer cooling-off rights to unlicensed operators – who will instead be instructed to cease all …

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Yorkshire nets £800k to launch community-focused safer gambling programme

The UK Gambling Commission (UKGC) has awarded Yorkshire and the Humber £800,000 to develop its community-focused gambling harm prevention and support programme.  The region’s funding forms part of the UKGC’s National Strategy to Reduce Gambling Harms – in which public health directors will develop a customised programme treating problem gambling harms across the eight counties forming Yorkshire and the Humber. …

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Swedish inspectorate cancels inactive licences of Vivaro and FP Bets 

Spelinspektionen, the gambling inspectorate of Sweden, has revoked the licences of Vivaro Gaming and Fair Play Bets Limited on the grounds of inactivity of business services.  Both operators were granted Swedish online gambling licences during the first half of 2020, but had registered SEK 0 in turnover during the past year – forcing Spelinspektionen to investigate their licences. Responding to …

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Sazka Entertainment appoints Lord Coe as first independent advisor

Sazka Entertainment has appointed four-time Olympic medalist Lord Sebastien Coe to its Board of Directors. Lord Coe is the current President of World Athletics and was instrumental in London’s bid to host the 2012 Olympic Games. He began his role as a non-executive director of the Pan-European lottery operator on Tuesday. Despite UK subsidiary Allwyn competing to win the UK government’s Fourth …

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ANJ gathers French consensus to reform gambling advertising standards 

A public consultation evaluating the standards and conduct of French gambling advertising has been launched by L’Autorité Nationale des Jeux (ANJ) – France’s unified gambling regulatory agency.  The consultation forms part of the ANJ’s pledge to reform French gambling’s advertising standards, which was brought into disrepute following multiple public complaints recorded during this summer’s UEFA Euro 2020 Championship. Updating stakeholders, …

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Boris reshuffle sees Smarkets shorten odds on 2023 General Election

Smarkets has reviewed the surprise promotions and cruel dismissals of PM Boris Johnson‘s latest cabinet reshuffle, forecasting its consequences on the future of UK politics.  Prior to Wednesday’s proceedings, Westminster sources had detailed that Johnson was seeking to re-energise his senior cabinet with strong and competent characters to lead key departments post-pandemic.  Yet, remaining loyal to his lieutenants, Johnson retained …

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