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Kambi gains ‘increased flexibility’ with new buyback programme

Kambi

Kambi Group plc has announced that it will further utilise the buyback mandate received at the Extraordinary General Meeting on 19 June 2023.  Following on from previous programmes undertaken since the EGM, the Stockholm-listed betting and gaming supplier’s Board of Directors have decided that the buyback programme will run until 20 May 2024, with a total of up to €4m. …

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EveryMatrix opens new eco-friendly HQ in Bucharest

SBC News EveryMatrix opens new eco-friendly HQ in Bucharest

EveryMatrix has announced the opening of its new development hub in Bucharest, Romania. In collaboration with STRABAG Real Estate, construction on the HQ began in 2022, providing the company’s Bucharest-based team of 400+ staff and growing with a modern, eco-conscious workspace. The news also comes as the igaming software provider reaches a milestone of 1,000 employees. Ebbe Groes, CEO of …

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Abelson Odds: capitalising on unparalleled Brazilian football fanaticism

SBC News Abelson Odds: capitalising on unparalleled Brazilian football fanaticism

Despite enjoying much success alongside a range of clients across Europe, Abelson Odds is looking to spread its wings to a Brazilian region that is renowned the world over for an intense fanaticism for the beautiful game. That was the viewpoint stressed by COO Jeevan Jeyaratnam at the recent SBC Summit Rio to SBC News during a conversation that was …

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NHS: Sheffield clinic sees NGSN hit operating milestone

SBC News NHS: Sheffield clinic sees NGSN hit operating milestone

The NHS has reached an operating milestone in the support and development of the National Gambling Support Network (NGSN) by opening its fifteenth clinic in Sheffield. The clinic opened this weekend, expanding dedicated NHS treatment support and recovery services for problem gambling in Yorkshire and the North of England. Amid growing demand for services, the opening of the new clinic …

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LAHC orders Mayor Khan to implement TfL gambling ad ban

SBC News LAHC orders Mayor Khan to implement TfL gambling ad ban

London Mayor, Sadiq Khan, has been urged to fulfill his 2021 manifesto commitment and introduce a ban on all forms of gambling advertisements across the Transport for London (TfL) network. The demand has been made by the London Assembly Health Committee (LAHC), which has highlighted the need for Londoners to understand the severity of the problem gambling issue in the …

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X takes the axe from Italy’s media regulator over gambling promotion

SBC News X takes the axe from Italy’s media regulator over gambling promotion

AGCOM, the Media and Communications Authority of Italy, has summoned a €1.35m fine on X (formerly Twitter) for continuing to promote gambling advertisements and content to Italian audiences. According to the ruling, AGCOM has found nine separate instances of illegal advertisements that have come from different user accounts, all of them verified by the blue checkmark of the X platform.  …

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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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Haddad pressed to name President of Brazil Bets Secretariat

SBC News Haddad pressed to name President of Brazil Bets Secretariat

Pressure mounts on Fernando Haddad, Brazil’s Minister of Finance, to name a President of the Secretariat of Bets and Prizes, an appointment needed to finalise the launch of Brazil’s federal sports betting marketplace. In Congress, frustration mounts as the Ministry of Finance has yet to publish the final schedule to launch the ‘Bets’ regime as authorised on 2 January by …

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