Tag Archives: uk

LeoVegas rides compliance challenges to post 41% revenue gains

compliance

LeoVegas has emerged from a “challenging quarter” for its two largest markets – UK and Sweden – to post a year-on-year (YOY) revenue increase of 41% to €78.6 million, despite a focus on compliance measures to facilitate the next steps in the company’s development. Reporting on the three-month period from 1 July to 30 September 2018, the mobile gametech group …

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“You might as well shout at the moon” – Hammond set to issue RGD hike

Next Week (Monday 29 October) will see all the debate come to an end as Chancellor Philip Hammond delivers the UK Budget 2018, with industry expectations firmly set to see a significant remote gaming duty (RGD) increase. Representing the third online gambling tax constraint imposed by the government since 2014, following point-of-consumption (POC-2014) and Industry Free-Play taxes (2016), 20 and …

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CAP and BCAP issue ‘understanding normalisation’ guidelines

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The UK Committee of Advertising Practice (CAP) and the Broadcast Committee of Advertising Practice (BCAP) have joined forces, with an aim of clarifying practices that could potentially fall under the banner of normalisation. A frequent occupant of published documentation on industry advertising matters, the document aims to offer a clear differentiation between the promotion of gambling as a legitimately and …

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SIS enlists Hipódromo Argentino de Palermo for portfolio growth

Sports Information Services (SIS) has announced a significant expansion of its international horse racing portfolio, after agreeing a global distribution deal with Hipódromo Argentino de Palermo. The exclusive three-year deal, which will see SIS become the official distributor of pictures and data from the Buenos Aires based course, will see the firm broadcast live action from its 188 meetings and …

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Sky Sports to be exclusive home of French Racing

Sky Sports Racing has been revealed as the UK and Ireland’s exclusive pay TV broadcast home of French racing, on a three year deal from January 1 of next year, PMU and At The Races have announced. Furthermore, At The Races is to also become the PMU’s online video streaming provider within both regions, with a full service of over …

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Jumpman Gaming and Progress Play fall foul of the CMA

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Jumpman Gaming and Progress Play have agreed to remove terms and conditions prohibiting players from obtained their money in one go, after an investigation by the the Competition and Markets Authority (CMA). The CMA has been working UK regulator the Gambling Commission, to improve terms and conditions for players online and to help ensure firms do not break consumer protection …

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Oryx Gaming set to acquired by Breaking Data Corp in €7.5m deal

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GIVEMESPORT owners Breaking Data Corp has revealed plans to make a strategic manoeuvre into the betting and gaming world, via the strategic acquisition of Oryx Gaming for €7.5m. Renaming the firm Bragg Gaming Group upon completion, ex-NetPlay TV Chief Financial Officer Akshay Kumar is set to be brought in to occupy a similar role, as Breaking Data plans to leverage …

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Grosvenorsport recruits World Cup winner for upcoming season

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Grosvenorsport.com has announced a legendary last minute signing, with Sir Geoff Hurst getting enlisted by the online bookmaker to help launch Grosvenor Goals for the 2018/19 season. Hurst, who famously scored a hat-trick in the 1966 World Cup final, will be providing weekly picks, blogs, and other content as a brand ambassador for Grosvenor Goals, which gives users the chance to win …

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UKGC outlines tougher sanctions for betting operators

Coming into force on 31 October 2018, the UK Gambling Commission (UKGC) has outlined that strengthened sanctions against gambling companies that break advertising rules or breach consumer law. The new regulations come after the UKGC went through an open consultation period and are the latest step as the industry trade body looks to implement its vision for the market, with …

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10Bet becomes betting partner of West Bromwich Albion

Online sports betting operator 10Bet has joined forces with West Bromwich Albion, after being confirmed as the EFL (English Football League) Championship club’s official betting partner. As part of the new deal 10Bet’s new visual identity is to be prominently displayed across the West Midlands side’s kit throughout the 2018/19 season, taking pride of place on the back of the …

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