Europe

SBC correspondent Jake Pollard reports on French racing’s tote monopoly Pari Mutuel Urbain (PMU) joining the AFJEL union to lobby on two key topics. The French tote operator Pari Mutuel Urbain has joined the country’s online gambling trade body AFJEL as part of a move to strengthen lobbying efforts by the industry on two key topics: online casino and the potential shape …

The Australian division of sportsbook operator bet365 has landed in hot water by attracting unwanted attention from the country’s financial regulator AUSTRAC. According to the watchdog, the probe was launched based on reports of compliance shortcomings with Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The latest is part of AUSTRAC’s ‘extensive supervisory campaign’ launched last year to …

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

GambleAware’s latest research into problematic gambling behaviours found that the West Midlands is the region most exposed to gambling harms.  The safer gambling body’s report shows that “as 168,000 adults in the West Midlands are experiencing ‘problem gambling” – indexed at a total of 3.9% of the local population which is 25% higher than the national average.  The data comes …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations. In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue …

The decision of the EU Parliament to approve the new European Digital Identity has been welcomed by the European Gaming and Betting Association (EGBA).  According to the gambling industry trade group, the regulation’s endorsement at the highest level of EU politics “marks a significant milestone in the journey towards a more secure and inclusive digital environment for all citizens” across …

iGP is gearing up to enter the crypto sector as the provider unveiled its upcoming tailored solutions for operators, as well as fiat currency. Launching its ‘Road to Lisbon’ campaign at SBC Summit Rio this week, the company looks to promote its new cryptocurrency solutions which will launch later this year, which aim to assist entrepreneurs and established businesses to …

EFL clubs have officially announced new international TV rights deals to broadcast EFL competitions globally. In two four-year partnerships with Pitch International and Relevent Sports, the agreements signify a ‘landmark’ in guaranteed international rights fees for EFL clubs and. With these new arrangements, the league will be represented by two different agencies covering global TV markets until the conclusion of …

 Serviço de Regulação e Inspeção de Jogos (SRIJ), The Gambling Authority of Portugal has reported that online self-exclusion registrants reached 215,000 in the fourth quarter of 2023. The agency noted that while online gaming gross revenue improved year-over-year by over 16 per cent, land-based gaming revenue dropped by almost four per cent. Publishing data for Q4, the SRIJ declared a 16.4 per …