Ted Menmuir

Jette Nygaard-Andersen: Gambling must learn to champion its customers

Jette Nygaard-Andersen has underlined that global gaming leadership must accept its remit in maintaining a sustainable industry as a “common-sense goal” as incumbents face a decade of new challenges. The Group CEO of Entain Plc provided the keynote speech, opening the SBC Barcelona Summit, as Entain was placed at the forefront of global news headlines following a $22 billion approach …

Read More »

Entain discloses terms on DraftKings $22 billion approach  

The board of Entain Plc has published a further media statement outlining the financial terms of DraftKings approach to acquire its business. The statement confirmed a first offer made by DraftKings at £25 per share, comprised of a combination of group shares and cash – valuing the business at $20 billion (£14.6 bn) Entain governance rejected DraftKings initial terms that …

Read More »

Dekker orders KSA to end cooling amnesty for unlicensed operators

A last-minute order by Dutch Legal Protections Minister Sander Dekker has enforced regulator Kansspelautoriteit (KSA) to terminate its ‘cooling-off’ reprieve for unlicensed operators awaiting to join the KOA Regime from 1 October.  Yesterday, Dekker informed the Kamer that he had instructed KSA to no longer offer cooling-off rights to unlicensed operators – who will instead be instructed to cease all …

Read More »

Yorkshire nets £800k to launch community-focused safer gambling programme

The UK Gambling Commission (UKGC) has awarded Yorkshire and the Humber £800,000 to develop its community-focused gambling harm prevention and support programme.  The region’s funding forms part of the UKGC’s National Strategy to Reduce Gambling Harms – in which public health directors will develop a customised programme treating problem gambling harms across the eight counties forming Yorkshire and the Humber. …

Read More »

Swedish inspectorate cancels inactive licences of Vivaro and FP Bets 

Spelinspektionen, the gambling inspectorate of Sweden, has revoked the licences of Vivaro Gaming and Fair Play Bets Limited on the grounds of inactivity of business services.  Both operators were granted Swedish online gambling licences during the first half of 2020, but had registered SEK 0 in turnover during the past year – forcing Spelinspektionen to investigate their licences. Responding to …

Read More »

Sazka Entertainment appoints Lord Coe as first independent advisor

Sazka Entertainment has appointed four-time Olympic medalist Lord Sebastien Coe to its Board of Directors. Lord Coe is the current President of World Athletics and was instrumental in London’s bid to host the 2012 Olympic Games. He began his role as a non-executive director of the Pan-European lottery operator on Tuesday. Despite UK subsidiary Allwyn competing to win the UK government’s Fourth …

Read More »

ANJ gathers French consensus to reform gambling advertising standards 

A public consultation evaluating the standards and conduct of French gambling advertising has been launched by L’Autorité Nationale des Jeux (ANJ) – France’s unified gambling regulatory agency.  The consultation forms part of the ANJ’s pledge to reform French gambling’s advertising standards, which was brought into disrepute following multiple public complaints recorded during this summer’s UEFA Euro 2020 Championship. Updating stakeholders, …

Read More »

Boris reshuffle sees Smarkets shorten odds on 2023 General Election

Smarkets has reviewed the surprise promotions and cruel dismissals of PM Boris Johnson‘s latest cabinet reshuffle, forecasting its consequences on the future of UK politics.  Prior to Wednesday’s proceedings, Westminster sources had detailed that Johnson was seeking to re-energise his senior cabinet with strong and competent characters to lead key departments post-pandemic.  Yet, remaining loyal to his lieutenants, Johnson retained …

Read More »

Ladbrokes debuts ‘Balloon’ as first brand-led campaign for casino  

Ladbrokes continues to refresh its marketing image, announcing the upcoming launch of ‘Balloon’ – UK gambling’s first brand-led campaign promoting online casino and games.  Balloon is the third campaign developed for Ladbrokes by London creative agency Neverland, which was appointed to lead the development of its headline advertising campaign for this summer’s UEFA Euro 2020 Championship. Filmed by Emmy-nominated director …

Read More »

Stable CIRSA refinances corporate debt bonds  

The board of Grupo CIRSA has announced that it has agreed to terms on a new €615 million debt-bond placement, helping the Spanish gambling group improve its financial liquidity by refinancing its previous debt arrangements.    The bond placement will carry an annual interest rate of 4.5%, with its maturity clause triggered from 2027 onwards, and has been underwritten by the …

Read More »