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City View: Entain needs DNA change to meet 2024 recovery 

SBC News City View: Entain needs DNA change to meet 2024 recovery 

Last Thursday, Entain Plc published its full-year accounts revealing the scars of a problematic 2023. The long-awaited results of the FTSE100 gambling group left no place for hiding as leadership declared corporate losses of £900m. Though leadership maintains that dire 2023 results were down to legacy failings, under the bonnet, the year-end accounts detailed growing concerns across all markets including …

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Casino suffers from hypochondria on cannibalisation debate

SBC News Casino suffers from hypochondria on cannibalisation debate

The ‘cannibalisation’ of land-based casino resorts by online portals has been in the headlines recently and fits into broader debates on regulations and how they impact the channelisation of regulated markets, a concern impacting all industry stakeholders… The recent online-offline casino cannibalisation debate that took place (albeit by proxy) between Deutsche Bank and Eilers & Krejcik (EKG) in the US …

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Legal Eye: Source of funding guidance… Two steps forward and one step back

SBC News Legal Eye: Source of funding guidance... Two steps forward and one step back

The Gambling Commission seeks to improve transparency on funding disclosures related to licensees and their investors, a remit needed to strengthen its regulatory oversight of UK Gambling. Jessica Wilson, Gambling Law Associate of Harris Hagan provides her legal eye on newly released guidance from the Commission which aims to clarify the requirements for source of funding disclosures, but still leaves …

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Stuart Godfree: Tech eyes on Apple facing its EC anti-trust probe on App Store rules

SBC News Stuart Godfree: Tech eyes on Apple facing its EC anti-trust probe on App Store rules

Mobile gaming expert, Stuart Godfree, Managing Director at mkodo, has opened up on new European legislation that threatens to impact Apple’s App Store, notably in relation to the publishing of real-money gaming products.  The new legislation, he said, will see the removal of restrictions on In-App Purchasing (IAP), allowing third parties to use external payment for services as well as …

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iCasino the main draw for France at ICE 2024

SBC News iCasino the main draw for France at ICE 2024

If Latin America was most often mentioned as the region of focus for both suppliers and operators during ICE London last week, when it came to France all the questions and industry chatter focused on whether online casino (or iCasino as the natives say) regulation was a real possibility in the near-to-medium term. This was perfectly illustrated during the roundtable …

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Tim Miller: UKGC views competition and choice as a consumer right and protection

SBC News Tim Miller: UKGC views competition and choice as a consumer right and protection

Tim Miller reflected on the journey and the scale of work undertaken on the UK Gambling Act review and its subsequent White Paper consultations as the most comprehensive examination of a gambling market undertaken by a regulatory agency. Many believe that the process of the Gambling Review had been triggered before the Department for Digital, Culture, Media and Sport (DCMS) …

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Tom Waterhouse: Brazil’s battle on localisation refreshes gambling’s M&A landscape

SBC News Tom Waterhouse: Brazil's battle on localisation refreshes gambling's M&A landscape

Renowned gambling investor and industry M&A strategist, Tom Waterhouse, believes that investor appetite will be replenished by the launch of Brazil’s forthcoming federal sports betting marketplace.   A speaker at the SBC Summit Rio, Watherhouse details innovation and effective localisation strategies as key dynamics valued by investors who are keen to see a domestic champions take on foreign giants, as Brazil …

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Legal Eye: White Paper… Where are we now, and what will come next?

SBC News Legal Eye: White Paper... Where are we now, and what will come next?

Legal Eye, featuring Gemma Boore and David Whyte Senior Associates for Gambling at Harris Hagan, returns to examine the passage of the White Paper in the nine months since its publication. 2024 sees UK gambling stand at a pivotal juncture, marked by the diverse scrutiny, opinions, and feedback submitted in response to the proposed changes of the White Paper. Boore …

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Shape Games’ Ulrik Restorp: empowering partners through tailored solutions

SBC News Shape Games’ Ulrik Restorp: empowering partners through tailored solutions

Ulrik Restorp, SVP of Products at Shape Games, took time out with SBCNews ahead of ICE London to share how the company aims to empower its partners through tailored solutions and help them create immersive and tailored experiences for their distinct markets.  ________________ In the dynamic landscape of the igaming industry, Shape Games stands at the forefront, not only as …

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