Europe

Compliance for UK gambling businesses: What changed in 2020 and what to expect for 2021

SBC News Compliance for UK gambling businesses: What changed in 2020 and what to expect for 2021

As the world ground to a halt due to the COVID-19 pandemic, the online gambling industry has seen a rapid increase in the number of players, and as a consequence more compliance and fraud breaches, writes Sumsub co-founder Jacob Sever (pictured). The lockdowns imposed to halt the spread of the virus were a “recipe for disaster” for the gambling industry, …

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July to August 2020 in Review: Betting beats the gloom as new horizons emerge

betting

As betting began to emerge from the difficulties of March and April, the future started to look slightly brighter as the industry began to assess its new options for a post-COVID environment. SBC – Betting emerges from the COVID storm … July saw no respite from politics which continued to dominate gambling’s agenda, as the UK government stalled on its …

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May to June 2020 in Review: Political whiplash follows Covid storm

SBC News May to June 2020 in Review: Political whiplash follows Covid storm

Having navigated March and April’s COVID storms, the betting industry was served a political whiplash across European jurisdictions as the months of May and June saw governments order tighter customer controls across all gambling verticals.   SBC – European governments order tougher controls on gambling’s compliance duties Following direct orders from the government, the UK Gambling Commission (UKGC) imposed a series …

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Spain to form new body on ‘gambling harmonisation’

SBC News Spain to form new body on ‘gambling harmonisation’

Spain’s DGOJ has signed a new ‘collaborative accord’ which aims to establish a ‘new technical body’ charged with harmonising Spain’s federal gambling laws, standards and market controls. The regulatory agency for Spanish gambling will work with ‘UNE’ – the ‘standardisation body’ formed by the Ministry of the Economy to comply with EU competition standards across Spain’s 17 autonomous regions. The …

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William Hill acquires majority stake in Alfabet Colombia to open LatAm vision

SBC News William Hill acquires majority stake in Alfabet Colombia to open LatAm vision

William Hill Plc has secured its first South American sportsbook venture after confirming that it has acquired a ‘majority stake’ in Colombian-licensed operator Alfabet SAS. Closing its 2020 trading, the FTSE250 betting group stated that Colombia will be ‘the ninth regulated betting market in which William Hill will have an active presence’. Operating in Colombia since 2018, Alfabet SAS is …

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‘A fantastic achievement’: Better Collective reflects on SBC Awards win

Better Collective reflects on SBC Awards win

As 2020 draws to a close, what better way to round off the year than by celebrating the achievements of some of the industry’s leading companies. At the star-studded SBC Awards earlier this month, Better Collective was recognised as the Sports Affiliate of the Year, which CEO Jesper Søgaard described as a ‘fantastic’ way to end what has been a …

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March to April 2020 in Review: Betting tackles its Covid trauma

March to April 2020 in Review: Betting tackles its Covid trauma

SBC recounts the traumatic months of March and April 2020, as the deadly coronavirus spread across Europe, leading to nationwide lockdowns and the cancellation of sports fixtures across the world. SBC – COVID-19 shocks signal that 2020 will be no ordinary year… As COVID-19 triggered what has been described as an ‘unprecedented’ situation, the betting industry was forced to enact …

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GiG enlisted by Rootz for marketing compliance tool

SBC News GiG enlisted by Rootz for marketing compliance tool

Malta-based casino operator Rootz has reached an agreement with Gaming Innovation Group to make use of its GiG Comply compliance tool. The firm’s compliance monitoring system scans over 30,000 web pages each day for various types of content including igaming code red words, links and regulatory requirements across multiple jurisdictions. In addition the marketing compliance tool can be adapted to …

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Kieran Trippier handed fine and suspension for betting violations

SBC News Kieran Trippier handed fine and suspension for betting violations

Atletico Madrid and England defender Kieran Trippier has been handed a suspension and a fine for breaching the FA’s Betting Rules. The violations occurred in July 2019, and were strenuously denied by the footballer, who played in Tottenham Hotspur’s 2019 Champions League final appearance before joining Atletico Madrid in the Spanish La Liga. However, an independent regulatory commission proved four …

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