Ted Orme-Claye

Affordability checks rumoured to be sidelined as DCMS focuses on UKGC shake-up

SBC News Affordability checks rumoured to be sidelined as DCMS focuses on UKGC shake-up

Plans for the UK Gambling Commission (UKGC) to conduct advanced affordability checks as a result of the review of the UK’s betting and gaming regulations may be shelved due to the findings of the consultation, according to a report by The Telegraph. The enforcement of applied affordability checks on all UK gamblers wagering over £100 a month has been submitted …

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Regulated market success offsets German headwinds for LeoVegas

SBC News Regulated market success offsets German headwinds for LeoVegas

LeoVegas has delivered a strong start to 2021 despite acknowledging headwinds in the German sector related to updated regulatory requirements in the country, as well as encountering difficulties in the Nordics. As part of its Q1 2021 report, it disclosed that casino accounted for 74% and live casino 17% of the group’s Gross Gaming Revenue (GGR), while sportsbook is now …

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EGBA urges German Lander to drop ‘anti-competitive’ online tax rates

Maarten Haijer, Secretary General of EGBA

The European Betting and Gaming Association (EGBA) has urged the German Bundesländer to reject proposed tax rates of 5.3% on online poker and slots, arguing that this would undermine the country’s recently updated gambling regulations. The turnover tax has been proposed by the Bundesrat, Germany’s Federal Council, as the final tax arrangement that should be imposed on casino and poker …

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Coingaming targets ‘mature and emerging’ markets with SportCaller linkup

SBC News Coingaming targets ‘mature and emerging’ markets with SportCaller linkup

Coingaming Group’s Sportsbet.io sportsbook has announced a partnership with SportCaller, aimed at expanding its long-term presence in mature and emerging markets in untapped territories. The partnership aims to combine Sportsbet.io’s multi-currency capabilities with SportCaller’s international scope and localisation operations in order to diversify fan engagement around targeted free-to-play sports games. “SportCaller’s highly-focused, and collaborative approach to game-ideation, together with their …

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Aspire Global highlights BtoBet acquisition for successful Q1

Checkd leaving wider international footprint amid revenue growth

Aspire Global has reported a successful first quarter for 2021 having achieved key objectives across multiple verticals and recorded a total revenue increase of 42.6%, driven by the global market presence of BtoBet. Publishing its Q1 2021 trading report, the group revealed that revenue had increased to €48.1 million (€33.7 million Q1 2020), attributed largely to the acquisition of BtoBet, …

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GiG platform growth outrides early regulatory headwinds

SBC News GiG platform growth outrides early regulatory headwinds

Gaming Innovation Group (GiG) has reported a positive start to its 2021 trading, achieving growth targets across all verticals, highlighting the performance of its platform business overcoming regulatory hurdles. Normalised group revenue increased to €15.4 million, a 44% uptake on the 2020 trading figure of €10.7 million, whilst EBITDA rose by 674% from €600,000 to €4.6 million, with the normalised …

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HMRC reveals gambling receipts did not meet expectations for 2020/2021

SBC News HMRC reveals gambling receipts did not meet expectations for 2020/2021

HM Revenue and Customs (HMRC) has announced that gambling revenue for the 2020/2021 financial year fell below expectations, largely due to the economic impact of national lockdowns. Total tax receipts registered from April 2020 to March 2021 totalled £2.83 billion – a drop of £182 million or 6% when compared to 2019/2020 fiscal duties – attributed to COVID-19 lockdowns enforcing …

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bet-at-home optimistic ahead of market liberalisation despite Q1 losses

SBC News bet-at-home optimistic ahead of market liberalisation despite Q1 losses

German operator bet-at-home has remained optimistic in its Q1 2021 trading report due to increased liberalisation of its home country’s market, despite recording financial losses. Overall, the group’s gross betting and gaming revenue stood at €30.5 million for Q1 2021, representing a 5.5% year-on-year decrease from the 2020 figure of €32.2 million. Of the recorded revenue, €17.1 million was generated …

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Aspire advances M&A strategy with Pariplay and BtoBet integration

SBC News Aspire advances M&A strategy with Pariplay and BtoBet integration

Aspire Global has finalised the integration of Parliplay’s Fusion platform into its BtoBet sportsbook provider subsidiary, as part of a continued execution of its M&A strategy. The integration has opened up ‘considerable synergies’ as Pariplay’s content development services will now be available to BtoBet’s full suite of international partners, offering clients an opportunity to diversify their revenue stream. “This is …

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Jdigital enhances Spanish betting integrity with IBIA partnership

SBC News Jdigital enhances Spanish betting integrity with IBIA partnership

The International Betting Integrity Association (IBIA) has formed a partnership with Jdigital, the Spanish online gambling trade body, having reached a memorandum of understanding. Under the terms of the partnership, the two organisations will work to develop a framework for cooperation and coordination. Additionally, the partners will organise projects aimed at promoting regulated betting markets with high consumer channelling and …

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