The Malta Gaming Authority (MGA) has begun to reap ‘the fruits of the groundwork laid in 2021’, according to CEO Dr Carl Brincat, and intends to continue rolling out its data and technology strategy. In its 2022 annual report, the regulator detailed operating revenue, including the release of unclaimed player funds of €82.2m (2021: €81.5m), an increase of just under …
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Frank Hojem brings political experience to Svenska Spel comms role
Svenska Spel has hired Frank Hojem as Head of Communications and Sustainability, with the new addition to its senior management team due to assume duties later this year. Sweden’s state-owned betting, gaming and lottery operator has highlighted Hojem’s political experience as being of particular significance to the role, which he will commence on 14 August reporting directly to CEO and …
Read More »Australian reformists call for European style regulatory changes
The Alliance for Gambling Reform (AGR), an Australian campaign group lobbying for changes to the country’s regulatory framework on betting, has harshly criticised existing provisions. In its Online Gambling Policy, the AGR has asserted that Australia’s national regulations on gambling are lagging behind those of other jurisdictions, such as in Europe. The report took note of recent changes in European …
Read More »‘Canute in front of the waves’ – regulatory relationships debated at CBS
Regulatory reform has swept across Europe in recent years, with the UK, Spain, Italy, Germany, the Netherlands and Belgium, to name a few, embarking on reviews and introducing new rules. But how has this impacted business For Colin Stewart, CEO of Palasino Malta, the answer to this question at the CasinoBeats Summit in Malta was ‘not quite sure’. Zeroing in …
Read More »Positive LatAm developments drive Codere’s Q1 2023 growth
Grupo Codere closed Q1 2023 in a strong financial position according to the firm’s latest quarterly trading update, with Latin American markets key growth drivers. The multinational gambling group reported an year-on-year revenue uptick of 19% to €350m (Q1 2022: €283m), with adjusted EBITDA up 20% to €65m (€52m) with a margin of 19%, one percent higher than the year …
Read More »Norsk Tipping adopts tighter loss limit for under-20s
Norsk Tipping has updated its policy on loss limits for younger players, introducing a monthly maximum of NOK 2,000 (€169) for customers aged 20 and under. Whilst all betting markets and games offered by the Norwegian state-backed operator have an age limit of 18 and above, the firm has outlined that younger customers are at greater risk of gambling-related harm. …
Read More »Damian Mathews returns as COO of new look EEG
Damian Mathews has taken on additional responsibilities on the Board of Esports Entertainment Group (EEG), reassuming his former position of Chief Operating Officer. New Zealand-based Matthews has been a member of the EEG Board in a part-time capacity since June 2020 and stepped up to full-time Chief Financial Officer duties in April 2022. In June 2022 he became COO before …
Read More »Twitch CEO has ’no problem’ with streaming of licenced gambling
Dan Clancy, Twitch CEO, has provided context on the streaming platform’s approach to gambling content, asserting that its focus is preventing promotion of unregulated operators. Twitch first took the decision to update its community guidelines around betting content in September 2022. From 18 October 2022, streamers on the platform are prohibited from showcasing material or advertising from unlicensed casino firms. …
Read More »Odds On Compliance travels over the pond with Playbook Europe launch
Odds On Compliance has achieved the next stage of its transatlantic expansion plans by launching its Playbook Europe division as a ‘comprehensive’ cross-continental regulatory database. Playbook Europe will compile regulatory information around the sports betting, igaming, daily fantasy sports and both land-based and ilottery sectors. Initially, 21 European countries will be featured, but Odds On Compliance has plans to add …
Read More »‘Its an investment opportunity’ – Oddin.gg CEO Vlastimil Venclik on US esports prospects
The growth of esports as a betting vertical has clearly not gone unnoticed, but Oddin.gg CEO Vlastimil Venclik believes that the opportunities posed by the sector have not yet been fully grasped by some. Whilst attending the SBC Summit North America last month, Venclik sat down with SBC Media to discuss Oddin.gg’s business, particularly its esims, but also provide some …
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