Europe

As the end of February approaches, speculation mounts on how the UK government will proceed to apply financial risk checks and staking limits as part of the Gambling Review, which remains under its White Paper consultation phase. Attention turns to the UK Gambling Commission (UKGC) carrying out its seven White Paper consultations in 2024, examining technical elements related to: “Socially …

Sports betting is back in Albania after a five-year absence since a ruling took it out of the market in 2018. The ban of regulated gambling, with the exception of state-sanctioned casinos, was signed into law by Prime Minister Edi Rama and his Socialist Party five years ago with the aim to put the brakes on Albanian organised crime. However, …

The Ministry of Justice and Security of the Netherlands has launched a consultation on applying ‘play limits’ as a mandatory requirement of the Remote Gambling Act (KOA Act). The consultation seeks insights and feedback on KOA protections endorsed by Legal Protection Minister, Franc Weerwind, who leads the Dutch government’s ongoing review of the KOA Act, which initiated the Netherlands’ regulated …

An error in Denmark’s self-exclusion registry ROFUS that affected around 1,200 listed players has been addressed by the Danish Gambling Authority Spillemyndigheden. The mistake allowed some players who renewed their self-exclusion under ROFUS to nevertheless access gambling through physical casinos and betting machines, with the renewals skipping on some games that are typically covered by the ROFUS scheme.  After receiving …

Raketech Plc has delivered on elevated targets for 2023, bolstered by the expansion of its media network and partnerships. Publishing its Q4 trading results this morning, the Nasdaq OMX-listed igaming media group registered period revenues of €22.7m, up 45% on Q4 2022 comparatives of €15.8m. Headline growth was credited to a threefold jump in sub-affiliate income totaling €11.4m (50% of …

Cyprus has announced that it is launching the National Self-Exclusion Platform (NSEP) as part of the country’s Safer Gambling Strategy 2022-2025. Spearheaded by the National Betting Authority (NBA), the scheme will deliver added protection for customers of the rapidly growing Cypriot gambling market.  The main safeguard is allowing players to opt in for self-exclusion so that they can control their …

Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …

The Royal Spanish Tennis Federation (RFET) has joined the General Directorate of Gambling Regulation (DGOJ) as the latest partner of the Global Betting Market Research Service.  According to the Spanish tennis governing body, the added information sharing capabilities that the service offers will allow it to better safeguard the sport from suspicious activity. The partnership allows RFET and DGOJ to …

MaxBet, the Balkan market subsidiary of Flutter Entertainment, has announced its ‘biggest sponsorship agreement ever’ – becoming the principal sponsor of FK Partizan Belgrade. As reported by the Serbian media, MaxBet has agreed to terms on a €5.5m deal to become the ‘general sponsor’ of FK Partizan Belgrade for the next three and a half years. The deal sees MaxBet …

Flutter Entertainment has put pen to paper with BetConstruct for the integration of the latter’s gaming offerings to the Betfair International platform.  Thanks to the new partnership, Flutter – which has a presence in more than 20 regulated markets through its portfolio of brands such as Betfair – will be able to continue its strategy of supplying players with safer …