Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business. Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech home market enterprise of SAZKA …
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XLMedia recruits ‘transformation pro’ David King as CEO
The board of XLMedia Plc has confirmed the appointment of David King as inbound Chief Executive of the London AIM-listed global igaming media publisher. Effective from 1 July 2022, the appointment will see King succeed Stuart Simms, who announced his resignation as CEO of XLMedia in April. A UK media figurehead, King is the former Chief Executive of JPIMedia Group, …
Read More »Intralot narrows Q1 losses as group reorganisation improves balance sheet results
Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The €70m increase in consolidated revenues …
Read More »STS Group hits peak NGR ahead of critical H2 trading
STS Group has reported a strong start to year trading, completing its first business quarter as a Warsaw Stock Exchange (WSE) enterprise. Filing its Q1 2022 financial results, STS achieved group revenues of PLN 282 million (€61m), up 6% on pre-WSE results of PLN 265 million. Period trading saw STS pay combined Polish lottery and sports betting taxes of PLN …
Read More »KSA warns affiliates to follow KOA advertising rules
Dutch gambling regulator Kansspelautoriteit (KSA) has written to ‘more than 50 affiliates’ warning them that KOA online gambling laws must be applied to their advertising activities. The warning follows an investigation by KSA of affiliates used by licensed KOA operators to promote their online gambling services. The regulator notified affiliates that all campaigns targeting Dutch consumers must follow KOA regime …
Read More »BetWarrior seals ground breaking sponsorship of AFA football
BetWarrior has announced its biggest sponsorship commitment to date, becoming the ‘Official Sponsor’ of the Argentine Football Association (AFA). Agreeing on a four-year deal, BetWarrior will serve as the principal partner of Argentina XI National Teams, the AFA Cup and national tournaments. The AFA announced that the sponsorship would mark its debut in the upcoming friendly between the Argentina Men’s …
Read More »Smarkets: Boris clean from Sue Gray report as PM survival chances improve
PM Boris Johnson remains steadfast that he will not resign over parties held at Number 10, as the UK public observed national lockdown rules, obeying his government’s orders. The PM stated that he would ‘take full responsibility for the scandal’, as yesterday the Met published Sue Gray’s delayed report that laid bare incidents of ‘intoxicated staff, vomiting on carpets, wine …
Read More »Polish cross-party committee calls for rethink of sports betting taxes
Pressure is mounting on Poland’s Ministry of Finance to undertake a review of its gambling tax structure, revitalising income generated from licensed bookmakers. A cross-party Sejm (lower parliament) committee representing ‘Polish consumers and entrepreneurship’, had announced that it has submitted a proposal advising the Ministry “to abandon the 12% turnover tax applied to sports betting.” The Committee has advised the …
Read More »Super Group marks steady Q1 opening on NYSE
Super Group Inc, the parent company of Betway and Spin brands, has outlined a confident and stable start to trading as an NYSE-listed business. Publishing its first quarterly results on the New York Stock Exchange, Super Group achieved group revenues of €334m, attributed to a split of – 53% Betway / 47% Spin. Revenue growth reflected pre-NYSE results of €311m, …
Read More »Pavlos Sideris: Reducing online slot stake limits could lead to more problem gambling
Writing for SBCNews, Pavlos Sideris, director at Double Up Media, discusses the effects of stake limits when gambling and the potential side effects of a stake limit being applied to online slots. 2018 saw the reduction of fixed-odds betting terminals (FOBTs) to maximum stake limits of £2. While this saw a limitation in high-street gambling spend, it’s debatable as to …
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