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Boylesports CFO Mark O’Neil – Operator to establish UK retail network by end of 2017

SBC News Boylesports CFO Mark O’Neil - Operator to establish UK retail network by end of 2017

Speaking on Newstalk’s ‘Breakfast Business’ show, Mark O’Neil Chief Financial Officer of Irish independent bookmaker Boylesports stated his firm’s intent on growing its UK retail network. O’Neil detailed that despite losing its bid to takeover Ladbrokes-Coral merger betting shop ‘offcuts’ which would have given his firm a ‘solid retail platform’, BoyleSports will move to pursue its long awaited plans of …

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Germany rejects EC rulings and approves betting 2nd State Treaty

SBC News Germany rejects EC rulings and approves betting 2nd State Treaty

Despite being deemed a ‘non-viable solution’ by the European Commission, the German Bundestag (lower-house) yesterday approved the progression of 2nd Modified State Treaty on Gambling (Glücksspieländerungsstaatsvertrag). Progressing the treaty, which allows a ‘transitional arrangement’ for bookmakers to offer online betting services as the German government revamps its national gambling framework expected in 2018. Last October, German officials presented the Second …

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African Ambitions…Dafabet opens Nairobi hub office

SBC News African Ambitions...Dafabet opens Nairobi hub office

Philippines and Isle of Man based bookmaker Dafabet has made its first play within the African betting market by opening a ‘hub office’ in Nairobi Kenya. The Asian-focused bookmaker views the Kenyan market as its best entry point for the African market, detailing that consumers are knowledgeable of products and that the betting sector is mature due to established competition. The …

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DSWV appeal to see change in German betting regulation

SBC News DSWV appeal to see change in German betting regulation

The German Betting Association (DSWV) has made an appeal to the government regarding the terms of the latest Gambling Treaty Amendment. This forms a part of the lengthy and ongoing battle to reform and better regulate sports betting in Germany. The amendment to the State Treaty provides the introduction of a quality approval system for sports betting providers. This followed …

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Fortuna continues Romanian expansion with €47 million deal for Fortbet assets

SBC News Fortuna continues Romanian expansion with €47 million deal for Fortbet assets

Fortuna Entertainment continues its M&A expansion within the licensed Romanian gambling market. The Eastern European bookmaker confirmed this week that it was closing in on the acquisition of Fortbet Holdings gambling assets. Updating the market, Fortuna detailed that it was in the final stages of negotiations for the Fortbet properties of Bet Active Concept SRL, Bet Zone SRL, Public Slots SRL and Slot Arena SR. …

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iGB Affiliate announces a ‘Chef Special’ for Nordic Affiliate Conference delegates

SBC News iGB Affiliate announces a 'Chef Special' for Nordic Affiliate Conference delegates

Industry affiliate marketing news source and corporate event organiser iGB Affiliate (Clarion Gaming) has confirmed that its first-ever Nordic Affiliate Conference in Stockholm (NAC 6-7 April) will begin with a ‘networking dinner’ from one of Sweden’s most celebrated chefs. NAC 2017 delegates will be treated to a three-course meal at Winterviken restaurant by renowned chef Markus Aujalay, who has represented Sweden …

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Bookmakers remain exempt from latest money laundering rules

Copyright: mkos83 / 123RF Stock Photo

Bookmakers already celebrating a successful start to Cheltenham week will have further cause for celebration with the news that the betting industry will continue to be exempt from European money laundering rules. There was a real danger that the Fourth EU Money Laundering Directive would encompass bookmakers given the classification of gambling as a high risk area for money laundering. …

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Jackpotjoy Plc appoints Jason Holden as Investor & Public Relations lead

SBC News Jackpotjoy Plc appoints Jason Holden as Investor & Public Relations lead

Updating the market, London-listed igaming firm Jackpotjoy Plc (formerly Intertain Group Canada) has confirmed the appointment of Jason Holden as its Director of Investor and Public Relations. Holden joins newly LSE listed Jackpotjoy from investment bank and brokerage firm Liberum Capital, where he served as Gaming & Technology Industry Analyst (2015-2017). Holden has further experience in technology investing and PR …

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New UK anti money laundering watchdog OPBAS to be set up by 2018

SBC News New UK anti money laundering watchdog OPBAS to be set up by 2018

The UK Government is set to get tougher on money laundering and criminal financing activities by creating new watchdog the ‘Office for Professional Body Anti-Money Laundering Supervision’ (OPBAS).  The body will act alongside the UK Financial Conduct Authority (FCA), as the government seeks to introduce new, stricter money laundering regulations to meet global finance standards. The government will aim to set …

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