Sportsbook

Sportsbook software provider Altenar has welcomed reports that Italian sports betting operators will soon be allowed to offer cash out functionality to customers on a trial basis. According to Italian news agency Agimeg, this cash out introduction will arrive alongside another positive regulatory reform for operators, enabling them to cancel the payout of winning single bets emanating from ‘clearly wrong …

Business Daily Africa has reported that the Kenyan Revenue Authority (KRA) has placed a demand for a minimum KSH 10.3 billion (€80m) on market-leading bookmaker SportPesa, attached to backdated taxes spanning a period of three-years. The KRA tax charge has been filed against SportPesa’s private entity ‘Pevans East Africa’, stating that the betting group had withheld taxes that should have …

The executive of pan-national industry trade body – the ‘European Gaming & Betting Association – EGBA’, has accused Norway’s gambling authority Lotteritilsynet of regulatory over-reach for demanding that national banks block payments deemed to correspond with online gambling transactions. EGBA governance reacts to weekend news reports that Lotteritilsynet is actively targeting the restriction of payments of six Malta MGA licensed operators …

Independent bookmaker JenningsBet has confirmed that it will re-launch its online betting property utilising FSB Tech platform provisions, as the legacy bookmaker emphasises accelerating its digital profile within a much changed UK betting landscape. JenningsBet confirms that it has selected FSB as its lead platform supplier moving to revamp its digital sportsbook property with reactive in-play odds, comprehensive pricing modules and …

Two and a half years after the original bill was passed in its House of Representatives, the Dutch Senate has finally passed its Remote Gaming Act, paving the way for igaming regulation across the Netherlands.  With the aim of addressing the unregulated online gambling market for Dutch consumers, the new legislative framework will be integrated into law through a Royal …

Betting brands created using the BetB2B platform – including 22bet.com, 1xbet.com, 1xbit.com and betwinner.com – are now serving over 1 million players each day. BetB2B, a partner brand of 1xBet, allows for the quick launch of sports betting, esports, slots, live casino, bingo, games, TOTO and financial betting services. Clients can choose which of the betting components are most relevant …

Bookmakers have placed the spotlight on Labour Party leader Jeremy Corbyn, and how he handles the departure of breakaway rebels forming a new Independent Party within UK politics. Branded the ‘Gang of Seven’, the rebel cabal has been deemed as the biggest reprimand of Corbyn’s party leadership, and his handling of Labour’s position on Brexit. Since yesterday’s confirmation of the …

Further to publishing its 2018 full-year results, Stockholm-listed LeoVegas AB has confirmed that it has strengthened the firm’s executive management team, announcing three key new hires. As previously communicated, seasoned digital strategist Richard Woodbridge has joined LeoVegas’ executive team as new Group Chief Operations Officer (COO). A fresh industry recruit, Woodbridge has formerly served as the digital operations lead for …