Tag Archives: Gambling

LeoVegas gains financial flexibility via issue of unsecured bonds

LeoVegas has disclosed the successful issuance of senior unsecured bonds of SEK 500m in 2020 under a framework of up to SEK 800m. The online gambling group first announced this intention in November 2020, suggesting that it would enable the group to deliver on its expansion strategy amid a “focus on regulated markets and markets soon to become regulated”. Alongside …

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George Stalev, Delasport: Staying one step ahead of technology trends

George Stalev, Delasport: Staying one step ahead of technology trends

At a time when technology is constantly changing, George Stalev – Chief Technology Officer (CTO) at Delasport – believes that companies must stay ‘one step ahead’ of competitors if they wish to stand out from the crowd. Speaking to SBC News, Stalev explained why ‘a technical approach is often the best way to solve a problem’ before touching upon the …

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BGC highlights importance of gambling’s ‘symbiotic relationship’ with sports

BGC highlights importance of gambling’s ‘symbiotic relationship’ with sports

The Betting and Gaming Council (BGC) has emphasised the financial support that the betting industry provides for UK sports which have been hit by the coronavirus pandemic. In a submission to a House of Commons Culture, Media and Sport Committee inquiry into ‘sport in our communities’, the BGC stressed that the likes of horseracing, snooker, football and rugby league have …

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WATCH: Embracing technology key for safer gambling strategies

technology

The uptake of innovative technology could be a key component in global safer gambling strategies as funding begins to increase. That was agreed by panelists at this month’s SBC Summit Barcelona – Digital, who pinpointed the need to significantly increase the low number of people who seek treatment. You can also click here to see the full panel from the …

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Armenia tightens up gambling regulations with new location restrictions

Armenia is reported to be tightening up its gambling regulations, with measures due to impact both the location and size of betting venues. Reported by Armenian media outlets, during a government meeting Finance Minister Atom Janjughazyan stated that bookmakers will now be required to operate solely at locations which are a certain distance away from ‘heavily populated areas, as well …

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GambleAware: Engage those with lived experience of gambling harms

The creation of a national level forum to ensure the voices of people with lived experience of gambling-related harm are heard within research, education and treatment at every level has been urged by participants of a new GambleAware study. Researchers identified that in order to ensure a range of voices and views are heard and utilised, the creation of a …

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Spillemyndigheden reports decline in Q2 betting

The widespread cancellation of live sports has hindered betting activity in Denmark, with figures from the country’s regulator Spillemyndigheden showing a decline in GGR. Publishing its statistics for Q2 2020, the effects of the coronavirus pandemic on the Danish betting and gaming industry are apparent with the betting sector reporting a 41.22% decline in GGR for the quarter, falling from …

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Wycombe footballer suspended after placing 183 bets

Wycombe Wanderers’ forward Scott Kashket has been sanctioned with a two month suspension and £3446 fine after he admitted placing 183 bets on football matches. Kashket had been charged by the Football Association (FA) last month following a period between 2014 and 2016, during his time at Leyton Orient, in which the bets had been made. Kashket lost a total of £1,067.75 …

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Research claims footballers under-perform because of gambling

A PHD study undertaken by Graeme Law at the University of Chester claims that professional football players are under-performing due to worries relating to gambling losses. Law detailed his data and analysis  at the British Sociological Association’s annual conference in Birmingham, stating that players gamble as a way of relieving boredom and use online betting sites to conceal gambling partners from their …

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