Flutter Entertainment Plc is in the process of announcing its next chairman as the FTSE100 gambling group finalises its path towards a dual US listing. According to Sky News, Flutter has lined up former Kellogg Company President and CEO John Bryant (2011-2017) as the next chairman of the £24bn valued firm. A US retail figurehead and an expert in global …
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CBF seeks 4% betting fee for Brazilian football rights
CBF, the Football Confederation of Brazil, has demanded that the government guarantee a larger % share of revenues generated from a federally sanctioned sports betting regime. The CBF has issued its formal proposal that a ‘betting regime guarantee 4% share of gross revenues to be distributed across its football leagues’. As such, the governing body of pro-football in Brazil seeks …
Read More »Harris Hagan: Legal Eye… Top tips for complying with the ASA’s “strong appeal” test
Gemma Boore of Harris Hagan explains the strong appeal test, considers the impact of recent rulings by the Advertising Standards Authority (“ASA”), and shares top tips for those that want to comply with the strong appeal test when advertising sports betting to UK customers. __________________________ Half-a-year has passed since the introduction of the “strong appeal” test for gambling advertisements, and …
Read More »ANJ demands stronger anti-fraud measures as PMU fails action plan
French operators have been warned to improve their AML and anti-fraud capabilities by l’Autorité Nationale des Jeux (ANJ), the country’s unified gambling regulator. The Authority (ANJ) has scrutinised the submitted action plans for “Combating Fraud, Money Laundering, and Financing of Terrorism” by licensed gambling operators and those possessing exclusive rights – FDJ and PMU. Despite operators conforming to ANJ’s requirements …
Read More »Flutter consolidates Italian business under Sisal brand
Flutter Entertainment has announced that it will unify its Italian gambling operations into the single ‘legal entity’ of Sisal Italia SPA. The reorganisation will involve the merger of the Italian gambling group’s Superenalotto lottery business with the online gaming subsidiary of Sisal Entertainment. The merger is necessary for Flutter to streamline and strengthen its position within the Italian gambling market …
Read More »Anita Vegter to serve as Chair of Dutch Gambling Advisory
The Netherlands Gambling Authority, Kansspelautoriteit (KSA), has announced that Anita Vegter will serve as the new Chair of its Advisory Board. A senior judge of the Court of Amsterdam, Vegter has replaced Ronald Prins as Chair of the Advisory Board, which oversees KSA management of the Dutch gambling market. The Advisory Board has served as a council to KSA since …
Read More »Novamedia exits unsuitable KOA marketplace
Novamedia BV, the operating company of the Netherlands Postcode Lottery, has confirmed that it will no longer participate in the Dutch KOA online gambling marketplace. Via a statement on its website, Novamedia announced that it had chosen to relinquish its online gambling licence granted by Dutch gambling authority Kansspelautoriteit (KSA). Novamedia Gaming BV independently made the decision to relinquish its …
Read More »UKGC fines TGP Europe £320k for AML white-label shortcomings
The UK Gambling Commission (UKGC) has this morning charged TGP Europe Limited a penalty totalling £316,250 for failures in anti-money laundering (AML) and social responsibility measures. The Isle of Man-based business, which manages a white-label network of 19 websites, including the sportsbook brands of Fun88, 12Bet, BK8 and Kaiyun, will also receive an official warning and face added conditions to …
Read More »GamCare welcomes Posner and Bindarh as new trustees
Problem gambling treatment and support charity GamCare has announced two new appointments to expand its board of trustees. Ahead of the expected publication of the Gambling Review’s White Paper, GamCare has appointed Lester Posner, the current Head of Communications for the Health & Safety Executive, as a new board member and trustee. A public affairs expert, Posner will advise GamCare …
Read More »Swedish Alliance signals no change to Gambling Inspectorate
Spelinspektionen, Sweden’s Gambling Inspectorate, will maintain the current size of its seven-member board of governance. The decision has been approved by Sweden’s ‘Centre-Right Alliance’ government – a coalition formed by the four parties of the Swedish Moderates, Christian Democrats (CD), Liberal Party, and Centre Party. The only change adopted by Spelinspektionen will see long-serving counsellor Per Håkansson appointed as Chairman …
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