Europe

bet365 signs with Bulgaria’s EGT Digital for Eastern European growth   

SBC News bet365 signs with Bulgaria’s EGT Digital for Eastern European growth   

Bulgarian gaming brand EGT Digital has inked a new partnership with gaming provider bet365 to strengthen the latter’s presence in the Eastern European state.  EGT can now supply the operator with its game aggregator, which gives access to some of the largest and most popular game providers in the Bulgarian market – Amuset, CT Interactive, Playson, Wazdan, 7mojos, and 7777 …

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SBC Digital Innovation – Sportsbook Tech Day to examine future of betting technology

SBC News SBC Digital Innovation - Sportsbook Tech Day to examine future of betting technology

The SBC Digital Innovation – Sportsbook Tech online conference is set to take place on 20 March 2024, when speakers from a host of major operators will share their insights on the future of the industry’s key technologies. The event, which is hosted in partnership with Soft2Bet, will feature five sessions that examine some of the major developments in the …

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MGA: Malta MLROs require deeper training on nuanced AML threats  

SBC News MGA: Malta MLROs require deeper training on nuanced AML threats  

The Malta Gaming Authority (MGA) has recognized that, although licensees have a sound understanding of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations, there are still significant gaps that need addressing to maintain a risk-based approach to financial threats. This observation stems from the completion of a thematic review of Malta’s remote gambling sector by the MGA …

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Codere returns to bondholders to fund global recapitalisation programme

SBC News Codere returns to bondholders to fund global recapitalisation programme

The board of Grupo Codere SA states that it is in “advanced negotiations” with existing bondholders to proceed with a “global recapitalization” of the Spanish and LatAm gambling group. Codere confirmed that it had recruited investment bank Houlihan Lokey and law firm Allen & Overy as advisers for its intended recapitalisation program aimed at improving its capital structure and fostering …

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Digitain fuels Serbian sportsbook presence with KING.RS partnership  

SBC News Digitain fuels Serbian sportsbook presence with KING.RS partnership  

Digitan has signed a new deal with KING.RS that will see the Serbian-based operator utilising the supplier’s  turnkey solution.  The solution includes a sportsbook powered by more than a 1,000 in-house risk managers and sports traders covering various sports, leagues, betting markets, real-live monthly events and monthly pre-match events. Ani Mkrtchyan, Chief Sales Officer of Digitain, said: “We are delighted …

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Thunderpick nets new esports partnership with Heroic

SBC News Thunderpick nets new esports partnership with Heroic

Scandinavian esports organisation Heroic has announced a new partnership with Thunderpick. The multi-year deal will see the esports cryptocurrency betting platform become the exclusive global betting sponsor for all of Heroic’s rosters. Kelly Sanders, Head of Strategy at Thunderpick, commented: “Partnering with Heroic, a team known for its leadership and success across various esports titles, is a significant milestone for …

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Georgia adds 1.5m citizens to PM’s gambling ban

SBC News Georgia adds 1.5m citizens to PM's gambling ban

The Ministry of Finance of Georgia has updated the ‘electronic registry of citizens’ to comply with upcoming changes to the Caucasus nation’s gambling laws. Applied via an executive order from the Prime Minister, Irakli Gharibashvili, from 1 July 2024, the new laws of the ‘Code of Administrative Offences’ will come into force in Georgia, which involves a strict tightening of …

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Francesco Totti named Betsson.sport ambassador in Italian market entry

Betsson looks to redefine focus of sportsbook marketing in latest campaign

Betsson.sport has named Francesco Totti as an ambassador as the group launches its new sports infotainment platform in Italy.  Stockholm-listed Betsson praised the Italian football legend for his ‘exceptional talent’ and ‘illustrious career’, whilst the partnership will focus on delivering exclusive content, interviews, news and highlights across various sporting disciplines. Ronni Hartvig, Chief Commercial Officer of Betsson Group, commented: “Italy …

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Entain assumes BetCity.nl to be €68m-to-€156m below deal value

SBC News Entain assumes BetCity.nl to be €68m-to-€156m below deal value

Entain Plc has disclosed additional information related to its legal challenge against Sports Entertainment Media BV and related parties involved in the valuation of its Netherlands subsidiary, BetCity.nl. Documents published by the High Court of England and Wales detail that the board of the FTSE100 gambling group deems the value of BetCity.nl as being €68m-to-€156m less than its agreed deal …

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