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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UKGC assists in illegal South Wales gambling bust
South Wales’ Tarian Regional Organised Crime Unit (ROCU) has collaborated with the UKGC, HMRC and Cardiff City Council Licensing to issue seven warrants across Cardiff on reports of an illegal gambling den in Splott. The warrants, issued on 28 February, saw the arrest of two males on suspicion of money laundering and breaches of the gambling act. After conducting a …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Bacta relocates April National Council from London to Leeds
Bacta has confirmed that it’s moving its 21 April National Council meeting from London to Leeds with members invited to meet with the Council over lunch and participate in an informal Open Forum. Bacta will hold its next National Council meeting on 21 April in Leeds instead of London, the industry body confirmed to stakeholders. This comes as part of …
Read More »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 …
Read More »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. …
Read More »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 …
Read More »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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