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Branschföreningen för Onlinespel (BOS), Sweden’s Online Gambling Trade Association has warned MPs of the negative consequences of backing a tax increase on Swedish gambling. Announced last month in the Budget Memorandum of Finansdepartementet, in Q1 the Riksdag will debate increase Swedish gambling income taxes from 18% to 22%, to be applied from 1 July 2024 BOS emphasised the impact that …

In a new series, SBC Correspondent Jake Pollard dissects the intricacies of pricing European betting markets, for their unique and respective audiences. Supported by Propus Partners, Part 1 examines French football markets priced by a diverse cast of bookmakers, competing in a marketplace where margins and market share are impacted by markets offered, pay out ratios capped at 85% and …

In the second of three Bets & Balance Sheets, Vasco Rodrigues, CMO at Aurum Solutions, is joined by Anschana Caravaca-Sasse, VP Specialist Markets at Kushki and Laurent Reysbosch, COO at Paytently. The trio delve into the evolving landscape of payment solutions within the gambling sector and discuss the financial benefits of adopting modern payment solutions, such as APMs, e-wallets, and …

Coljuegos, the Federal Gambling Authority of Colombia, has published plans for a ‘regulatory project’ to overhaul the rules on owning and operating electronic slot machines (ESMs). The regulator plans to initiate the project in 2024, a move deemed critical as Coljuegos seeks to terminate the ‘illegal economy’ of unauthorised ESMs operating across Colombia’s 32 federal territories. The project is accompanied …

CopyBet has officially launched in Ireland and added Gaelic football and hurling to its sportsbook. Originally established in the UK in 2016, the platform offers both a sportsbook and a non-analogue automated copy betting system. Shay Given, who became a CopyBet brand ambassador in August, said: “I’m excited to be working with CopyBet as it enters the Irish market for …

Matthew Saxon has become the new Chief Technology Officer (CTO) of Gaming Innovation Group (GiG). Described as an experienced professional in the sector, Saxon will lead the development of GiG’s solutions including engineering and infrastructure, platform migrations as well as GiG Data and GiG Logic. He has worked across the igaming and financial industry for over 30 years, and now …

Entain Plc has declared that it has achieved two high-impact milestones funded by its corporate social responsibility (CSR) programme, The Entain Foundation. Publishing its latest Social Impact Report, Entain announced that it had supported over 200 aspiring athletes aiming for the Olympics, Paralympics, Commonwealth and World Championships through SportsAid. The FTSE100 firm’s collaboration with SportsAid began in 2020, developing direct …

The BHA has made its final call for owners to complete Britain’s inaugural Thoroughbred Census. Now at a landmark 6,000 submissions from an industry wide push to drive participation, thoroughbred owners have until the end of the year (31 December 2023) to complete Britain’s first-ever Census of this kind. Helena Flynn, Programme Director, Horse Welfare Board, stated: “We’ve had a …

Gambling with Lives (GWL) has announced that Will Prochaska has resigned as Strategy Director of the charity and reform group representing the families of those bereaved by gambling-related suicides. As announced this weekend, “Will Prochaska is leaving to operate as an independent advisor on gambling harm initiatives, a move that reflects his continued commitment to tackling the harm caused by …

New Public Health figures for England estimate that 1.6 million adults would benefit from specialist-led treatment for gambling harms. The estimated figure forms part of a prevalence update on “gambling treatment need and support” undertaken by the Office for Health Improvement & Disparities (OHID), reporting to the Department of Health and Social Care. Providing a breakdown of treatment needs, the …