Europe

APBGG calls for industry action against the UKGC

The All-Party Parliamentary Betting & Gaming Group (APBGG) has extended its inquiry, examining the competencies of the UK Gambling Commission (UKGC) as the regulatory body of British gambling.  The decision follows significant evidence submitted to the group, outlining the seriousness of alleged failings by the UKGC governing the gambling sector. The APBGG launched its inquiry following industry concerns that the …

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BGC: Industry will maintain its safer gambling duties as problem rates fall

BGC pledges to maintain safer gambling momentum

The Betting and Gaming Council (BGC) has pledged that its membership will ‘keep the momentum’ on continuing to reduce problem gambling rates, following the positive results of 2021 gambling prevalence data published by the UK Gambling Commission (UKGC) Feedback of a quarterly telephone survey, conducted by Yonder Consulting, a nationally representative sample of 4,005 participants – aged 16 and over …

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DraftKings withdraws Entain acquisition bid after month of negotiations

DraftKings has confirmed that it will not pursue a takeover of UK betting and gaming group Entain, putting an end to over a month of speculation and negotiation surrounding the potential merger. Despite this confirmation, DraftKings retains the right to disregard its statement should it come to further agreement with the board of Entain, if a third party makes a …

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Stats Performs extends TruMedia analytics collaboration

Stats Perform has announced a five-year extension of its partnership with TruMedia, which will see the duo continue to develop the ProVision analytics platform. Development on ProVision throughout 2021 has seen the integration of tracking data into the platform and the introduction of an enhanced API, allowing for the automated export of a sports club’s custom reports into third party …

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FIAU orders new AML commands on Malta business  

The Malta Gaming Authority (MGA) has warned licensed operators that they are expected to be familiarised with the revised AML Implementing Procedures (IPs) that will be applied by the Financial Intelligence Analysis Unit (FIAU). Last week, the FIAU updated its IPs guidance on AML and compliance duties that are required to be maintained by registered businesses. The revised orders follow …

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SBC Advisory Partners signs up Lasha Machavariani

SBC Advisory Partners, the pioneering consulting and transaction advisory global service for sports, betting & gaming sector, has strengthened its focus on CIS & Eastern Europe as it is one of the hottest regions of the sports betting and iGaming industry today.  Following a successful partnership between SBC and SMH (Sports Media Holding) for media and events in the region, …

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Yolo Group appoints Christine Lewis to oversee restructured operations

Undertaking a major restructuring of its operations, the Yolo Group has appointed Christine Lewis as the CEO of its B2B Bombay Group, One Touch and Hub88 subsidiaries. Lewis, who formerly served at NetEnt and was most recently the Chief Commercial Officer at Pariplay, will carry out the role of CEO of Bombay Group.  Her responsibilities will include heading up mobile-focused …

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BetInvest: How live streaming is helping drive Quick Sports engagement

With the rise of mobile gambling, live streaming and in-play betting are anticipated to remain a major trend in 2022, according to representatives from BetInvest. Offering bettors the chance to wager on events as they unfold certainly drives engagement with sports fans. Players are no longer restricted to wagering on a game before it begins since the deadline for placing …

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Sportradar adds three-year extension to ITF collaboration

Sportradar has extended its current partnership with the International Tennis Federation (ITF) with a focus on enhancing integrity measures and driving fan engagement. The data agreement between Sportradar and ITF, which will run for three more years, will enable the federation to deliver a number of ongoing integrity-led major projects, including the development of technology infrastructure to further enhance integrity …

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Euro market adjustments see Betsson anticipate a tougher 2021 landing

Betsson AB has maintained confidence in its sports betting operations, with revenue in the sector offsetting a decline in casino, whilst also lauding its acquisitions strategy but acknowledging hurdles in the newly regulated Dutch market. Publishing its Q3 trading update, the Nasdaq Stockholm registered group reported overall revenue of SEK 1,733.3 million, representing a 3% increase on the corresponding quarter …

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