Erin-Marie Gallagher

Tightened Swedish regulations could cause more harm than good, says EGBA

SBC News Tightened Swedish regulations could cause more harm than good, says EGBA

Instead of supporting gamblers during the COVID-19 lockdown, enhanced online gaming restrictions in Sweden ‘could do more harm to consumer protection’ according to the European Gaming and Betting Association (EGBA). Yesterday, Sweden’s Minister for Health and Social Affairs Ardalan Shekarabi  proposed that weekly deposits were limited to SEK5,000, with a SEK100 cap on bonus offers in a bid to protect …

Read More »

Soft2Bet’s Boris Chaikin on meeting punters’ needs through white label development

SBC News Soft2Bet’s Boris Chaikin on meeting punters’ needs through white label development

Innovation and evolution of product offerings have been the key to mitigating the impact of sporting cancellations, writes Soft2Bet CEO Boris Chaikin. As the wider betting and gaming industry continues to find new ways to deal with the impacts of COVID-19, Chaikin (pictured below) discusses Soft2Bet’s heritage, white label model, and how the company has adjusted amid the current pandemic. …

Read More »

Favourable football results and US expansion drive Kambi Q1 growth

SBC News Favourable football results and US expansion drive Kambi Q1 growth

Sports betting platform and systems provider Kambi Group has attributed a period of sustained growth to a ‘strong soccer performance’ and continued US expansion. Publishing its Q1 report for the three month period ended 31 March 2020, Kambi noted a 33% increase in revenues, rising from €21 million in Q1 2019 to €27.9 million. Despite a reduced sports schedule from …

Read More »

HBLB releases £6.5m in capital credits to reduce ‘exceptional pressure’ on racing

SBC News HBLB releases £6.5m in capital credits to reduce ‘exceptional pressure’ on racing

The Horserace Betting Levy Board (HBLB) has confirmed that racecourses with capital credits balances currently totalling £6.5m will be able to draw on them to assist with their immediate cash requirements. As it stands, there are currently 18 racecourses which hold capital credits balances with HBLB. Under the new scheme, HBLB will allow each racecourse to have the option of …

Read More »

Sweden proposes tougher online measures for remainder of 2020

SBC News Sweden proposes tougher online measures for remainder of 2020

Mandatory weekly deposits and caps on bonus offers are due to be rolled out across Sweden from 1 June until the end of the year, as part of the country’s new coronavirus-led online gambling restrictions. Sweden’s Minister for Health and Social Affairs Ardalan Shekarabi has proposed that weekly deposits are limited to SEK5,000, with a SEK100 cap on bonus offers. …

Read More »

Gamesys halts UK advertising during lockdown

SBC News Gamesys halts UK advertising during lockdown

Gamesys Group Plc has disclosed that it will be suspending all TV and radio advertising across the UK until COVID-19 restrictions are lifted, highlighting its concerns over targeting children and those vulnerable to problem gambling.  Publishing its Q1 trading update for the three month period ending 31 March 2020, the company emphasised that it will be strengthening its responsible gambling …

Read More »

Soccerbet to Highlight virtual sports set on Coolbet

SBC News Soccerbet to Highlight virtual sports set on Coolbet

London-based video sports specialist Highlight Games has strengthened its network of partnerships after agreeing to supply its video virtual sports products to Coolbet’s online and mobile channels in all of its key markets. Under the terms of the agreement, Highlight Games’ NBA Last 60 and Soccerbet products will become available to Coolbet’s online and mobile customers, with Soccerbet available in …

Read More »

888 integrates Golden Race virtuals in new partnership

SBC News 888 integrates Golden Race virtuals in new partnership

888 has strengthened its virtual sports offering after teaming up with Golden Race ‘Beyond Virtuals’ to deliver a range of virtual sports games for its 888casino and 888sport platforms. Under the agreement, players at 888casino and 888sport will gain access to virtual sports betting events including more than 20 leagues and tournaments of 3D Virtual Football, 3D Horse Racing, Dog …

Read More »