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Garzón confirms Royal Decree sign-off on 28 February

Alberto Garzón, Spain’s newly appointed Minister of Consumer Affairs, has revealed that Royal Decree reforms will be formally announced on Friday 28 February. Garzón made his statement addressing civil servants of Spain’s DGOJ gambling regulatory authority at a meeting hosted by the Consumer Affairs Ministry. The long-awaited reforms for Spain’s advertising code on gambling products are to be presented to …

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Racing Point F1 drops SportPesa due to home market ‘difficulties’

Formula One team Racing Point has terminated its title sponsorship with Kenyan bookmaker SportPesa due to ‘difficulties in their home market’, according to the firm’s team principal Otmar Szafnauer. Racing Point had initially signed a multi-year title sponsorship with SportPesa ahead of the 2019 F1 season, marked as the Kenyan betting group’s biggest-ever sponsorship commitment. However, as a new F1 season approaches (start …

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The end of the one-stop solution for sports betting?

sports betting

The preference for a ‘one stop shop’ solution amongst operators is a thing of the past says Altenar COO Dinos Stranomitis, who added that it is now modern practice for B2C betting and gaming businesses to choose specific elements from different B2B providers. Speaking to SBC News at ICE London, he said that Altenar will continue to specialise in providing …

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Betway expands Euro profile securing Portuguese licence

Portugal’s Comissao de Jogos do Turismo (SRJI) has granted Betway a licence to operate B2C online casino and betting services. The government agency which leads licencing initiatives for Portugal’s gambling marketplace, sanctioned by the nation’s Tourism Board has granted online gambling rights to Betway’s Malta operating subsidiary GM Gaming Ltd. Portugal becomes Betway’s ninth European regulated marketplace, in which the …

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Flutter secures Australian clearance for Stars Group merger

Flutter Entertainment Plc has received regulatory approval from the Australian Competition and Consumer Commission (ACCC) for its proposed merger with The Stars Group Inc.    The Australian competition clearance means Flutter has cleared a significant hurdle in its pursuit of a merger with The Stars Group, which it hopes to push through by Q3 2020. The ACCC had been forced to …

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IMG strengthens its global network with NHL US rights

IMG ARENA has secured rights to provide U.S. sports betting operators live streams of select out-of-market National Hockey League (NHL) games, via its digital betting platforms. The firm has been a NHL sports betting live stream provider in the European market for several years, and will be introduced to legalised U.S states and future states that will become authorised in …

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WATCH: Scientific Games delivers sports betting aggregation first with OpenMarket

OpenMarket

Scientific Games is now ready to deliver “rapid innovation” to its customers through OpenMarket, a first aggregation platform for sports betting “anywhere on the planet”. Launched at this month’s ICE London (see video above), OpenMarket has become the sixth component of the OpenSports sportsbook solution for the online arm of Scientific Games. Keith O’Loughlin, SVP for Sportsbook, Digital for Scientific …

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Betgenius – Euro 2020: Adding player markets to BetBuilder will deliver margin gains

In part two of Betgenius’ Euro 2020 optimisation series , James McKiernan, Commercial Director for Europe, explains why same-game multiples will once again be a hugely popular product and how operators can set their offering apart… _____________ Same-game accumulators and request-a-bet (RAB) products were one of the biggest success stories of the 2018 FIFA World Cup. Allowing punters to bet …

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Transitioning GiG faces B2C and B2B declines closing tough 2019

Stockholm-listed Gaming Innovation Group (GiG) has detailed confidence in its future outlook and prospects as the company transitions to becoming a single-focus B2B technology incumbent. This morning, GiG published its Q4 2019 results, recording corporate declines across all major operating metrics and citing a number of factors impacting both B2C and B2B performance. Recording a 26% decline in Q4 2019 …

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New look ARC revamps executive leadership team

UK racetrack operator Arena Racing Company (ARC) has moved to expand its corporate leadership team by confirming the appointments of Bradley Hunt as Chief Finance Officer (CFO) and Alex Slade as General Counsel. Both executives will serve in new roles within a restructured company, forming part of the new ARC senior management team A seasoned financial lead within the Entertainment …

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