Europe

188BET to shift operations from Isle of Man back to the Philippines

SBC News 188BET to shift operations from Isle of Man back to the Philippines

188BET has announced that it is shutting down its operations in the Isle of Man as it shifts to the Philippines, changing its regulatory jurisdiction.  The operator has emphasised that during the transition it will ensure ‘responsible gambling practices and continuity’ by offering players options and enhanced services under the framework of the Philippine Amusement and Gaming Corp (PAGCOR). The …

Read More »

FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

SBC News FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …

Read More »

Betfair shortens odds on Labour majority as Tories stick with Sunak 

SBC News Betfair shortens odds on Labour majority as Tories stick with Sunak 

The Labour Party’s odds of winning a forthcoming General Election have shortened to 1/4 following by-election wins in the constituencies of Kingswood and Wellingborough. Yesterday’s double victory sees Betfair Politics improve Labour’s odds of winning the next UK election from 1/3 to 1/4 (80%). Of significance, observers noted the significant swings of 11,000 votes in Kingswood and 18,500 in Wellingborough …

Read More »

SIS inks deal with Genius Sports for the provision of 24/7 esports offering 

SBC News SIS inks deal with Genius Sports for the provision of 24/7 esports offering 

Live betting provider SIS (Sports Information Services) has signed a distribution agreement with Genius Sports for the supply of the former’s Competitive Gaming product.  More than 150,000 annual live events fall under the calendar of SIS’s Competitive Gaming solution, which can now be accessed through that global sportsbook network of Genius Sports. The content covers both e-soccer and e-basketball, with …

Read More »

DSWV: Interstate deficiencies will be exposed in critical summer for German sports 

DSWV President, Mathias Dahms,

Deutscher Sportwettenverband (DSWV), Germany’s Sports Betting Trade Association, has called on Bundesländer (state authorities) to back its call for a “realignment of regulations in 2024”. The trade body has urged Germany’s 16 federal states to face the deficiencies of the Fourth Interstate Gambling Treaty (GlüNeuRStv), the framework that has re-regulated the country’s online gambling marketplace since July 2021. 2023 was …

Read More »

BHA expands High Value Developmental Races for 2024

SBC News BHA expands High Value Developmental Races for 2024

The British Horseracing Authority (BHA) has revealed programming of over 80 High Value Developmental Races for the 2024 Flat season worth more than £3m in total prize money. This initiative was in collaboration with British Stallions Studs (EBF), Juddmonte, Darley and Tattersalls combining to provide financial support for an essential part of the race programme, with the races involved also …

Read More »

Bacta welcomes ‘progressive’ DCMS talks for 3-to-1 ratio on AGC machine allowances

SBC News Bacta welcomes ‘progressive’ DCMS talks for 3-to-1 ratio on AGC machine allowances

Bacta’s National President to the UK John Bollom has issued a statement regarding DCMS consultations on machine allowances for arcades and bingo halls. According to the President, the Supplementary Consultation by the government is more than enough to provide an “optimum mix” of products to keep the adult gaming centres’ industry (AGC) going strong and lock its competitiveness at a …

Read More »

“A model that is as early, accurate & explainable as possible” – Entain’s consumer protection journey

SBC News “A model that is as early, accurate & explainable as possible” - Entain’s consumer protection journey

The rollout of Entain’s player protection journey over the past eight years has been a ‘bumpy journey’, according to the firm’s Director of Player Protection Systems and Analytics, Jez White, but the improvements have been ‘massive’. White made his observations whilst speaking at Navigating The Maze, a panel session during ICE London 2024 within the expo’s Consumer Protection Zone which …

Read More »

Svenska Spel to close Cosmopol Gothenburg & Malmö venues on 24 Feb  

SBC News Svenska Spel to close Cosmopol Gothenburg & Malmö venues on 24 Feb  

Svenska Spel has confirmed that it will close its Casino Cosmopol venues in the cities of Gothenburg and Malmö on Saturday, 24 February. The decision follows Svenska Spel’s conclusion of negotiations with the respective trade unions on the closure of venues deemed ‘no longer profitable’ for Sweden’s state-owned gambling group. The closure of Cosmopol’s Gothenburg and Malmö venues follows Svenska …

Read More »