Sportsbook

Svenska Spel welcomes proposed betting ban on selected markets

Svenska Spel

President and CEO of Svenska Spel, Patrik Hofbauer, has backed proposals to issue a further crack down on selected sports betting markets as suggested by the Swedish Government.  The proposed ban follows on from a meeting held between Sweden’s social security minister Ardalan Shekarabi, the Swedish Football Association (SvFF) and the Swedish Ice Hockey Association which discussed the potential for …

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Italy calls for toughest stance governing gambling transactions

Italian gambling incumbents are set to undertake further market adjustments, as the new 5Star-DP coalition government publishes the draft decree of its planned ‘Budget Law’. Following on from 2019’s gambling advertising ban established by the former Lega-5Star coalition government, in 2020 Italy will move to establish new payment processing laws and operator AML registry. New fiscal provisions introduced to the …

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MustardBet shuts down business

Isle of Man licensed online bookmaker MustardBet has informed customers that it has ceased trading by issuing a notice of closure across its digital platforms. The bookmaker confirmed that it has begun returning balances back to customers, which it aims to fulfil within the next 72-hours. Closing its wagering markets, MustardBet has been praised for confirming that ‘all unsettled customer bets …

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Malta MGA publishes Brexit guidance

The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …

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Parimatch extends Apoel FC sponsorship deal

Parimatch has extended its sponsorship deal with Cypriot First Division champions APOEL Football Club for the fourth consecutive season. As part of the renewed sponsorship deal, the Parimatch logo will continue to be printed on the front of the APOEL FC players match jersey, with the partners also continuing to work together on charitable and community-led initiatives.  Sergey Portnov, CEO …

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City anticipates tough choices in Flutter’s pursuit of Stars

City analysts are pondering how Flutter Entertainment will sooth competition concerns across multiple markets, attached to its bold merger pursuit with digital rival The Stars Group Inc. Since the merger was propositioned on 2 October, Flutter CEO Peter Jackson and corporate governance have emphasised confidence in clearing all regulatory hurdles to deliver a £10 billion online gambling powerhouse. The stakes …

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Scientific Games adds sports betting to Dutch Lottery deal

Nederlandse Loterij

Scientific Games will deliver the Dutch Lottery’s players with a full sports betting solution across mobile and desktop after extending its partnership with Nederlandse Loterij. Having previously provided Nederlandse Loterij – the largest gaming company in the Netherlands – with OpenPlatform player account technology and lottery instant games, Scientific Games has added the sports offering through OpenSports. OpenSports is the …

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IMG Arena delivers live betting opportunities with UFC Event Centre

Industry data, insights and content provider IMG Arena has teamed up with UFC to launch the UFC Event Centre, which is hoped to deliver new opportunities for live, in-round betting during UFC matches. The official data feed from both the UFC Event Centre and UFC will be made accessible via licensed partnerships with sportsbooks and gaming operators, which is due to include including IMG …

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KSA sanctions Royal Panda and LeoVegas over online offering

Dutch gambling authority Kansspelautoriteit (KSA) has sanctioned both Royal Panda and LeoVegas after the two operators were found to be offering games of chance to consumers within the country. The KSA emphasised that “online gambling is currently prohibited”, and subsequently handed Royal Panda a €400,000 while LeoVegas was issued with a fine of €350,000. The fines follow on from research …

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DGOJ revamps AEAT tax data collaboration

Updating licensed incumbents, Spanish gambling regulator DGOJ has renewed its cooperation agreement with ‘Agencia Tributaria’ (AEAT), Spain’s tax agency. Both institutions confirm that they will move to revamp data and information mechanisms monitoring the tax compliance of Spanish licensed operators, that have been in place since 2014. Establishing new partnership terms, DGOJ officials will have access to the AEAT’s database …

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