Malta has ended its year-long purgatory as a ‘greylist’ financial jurisdiction of the Financial Action Task Force (FATF) the global AML and anti-terrorist financing watchdog of the G7. The Times of Malta outlined that the FATF had made the decision to remove Malta from its list of countries under ‘increased monitoring’ and classified as financially untrustworthy. According to the Times, …
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Betsson has partnered with AC Milan to become the club’s official regional partner in line with the online gambling company’s focus on expansion in LatAm. The move continues the operator’s growth strategy as over the past couple of years it has been solidifying a presence in several markets, such as Brazil, Argentina, Colombia, Mexico, and Perù. The 2021/22 Serie A …
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Betsson Group and GoldenRace have announced a partnership focusing on Greece, with the latter providing the operator with its virtual sports offering. As the exclusive virtual sports provider of the Swedish international gambling group for the Greek market, GoldenRace has further bolstered its position in the recently regulated sector. The company – which acquired a licence from the Hellenic Gaming …
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The Kenyan betting and gaming sector has encountered a major fiscal hurdle, as the country’s government reimposes a 20% tax on wagering stakes as well as doubling its taxation of foreign tech firms. Publishing the 2022 Finance Bill, the Treasury detailed that the 20% tax rate would be reintroduced, just under two years after it was abandoned in 2020 after …
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The gambling industry has changed substantially over the last few years, most notably with the growing influence of the online sphere on how we consume information and entertainment. Speaking in the latest SBC Leaders magazine, Betsson Group CEO Pontus Lindwall explained that when he first entered the online gambling industry in 1996, the sector was very much in its infancy. …
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Racetracks in the city and province of Buenos Aires will now be able to grant betting licences, following permission from regional regulatory authorities. A new update on the regulation of the province’s horse racing agencies from the Provincial Institute of Lotteries and Casinos (IPLyC) – the local regulator – and published in the provincial Official Gazette, confirmed the development. As …
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The growing influence of the internet has changed the way in which the betting and gaming industry consumes information and positions itself as a form of entertainment. That was a key focus for Betsson AB CEO Pontus Lindwall in Issue 19 of the SBC Leaders Magazine. In his lead interview, which can be read here, Lindwall reflects on the ups …
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Betsson has signed ex-professional footballer Pontus Wernbloom as its latest brand ambassador in the group’s continued investment into Swedish sports. At the online gambling company, Wernbloom will be part of the company’s activation around football and several other sport-related initiatives and productions. The former Swedish national team midfielder ended his playing career at IFK Gothenburg in 2021, also played in …
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The board of Betsson AB has proposed the appointment of three new executive directors and the election of Johan Lundberg as company chairman. Ahead of the firm’s scheduled annual general meeting (AGM) on 10 May – the board of Betsson has nominated Eva de Falck, Louise Nylén and Tristan Sjöberg as new independent directors. A leading corporate governance advisor, Eva …
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The gambling industry’s fundraiser to support the Ukrainian public, Gaming Industry for Ukraine, has made strides towards achieving its £250,000 target. Issuing an update this morning, the initiative – which provides financial backing to the Choose Love charity’s Ukraine Crisis Fundraiser – detailed that it has secured £190,000 in donations from betting operators in the past week. Companies to have …
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