Ted Menmuir

News Corp to tighten investment in Betr 

SBC News News Corp to tighten investment in Betr 

News Corp, the global media conglomerate of the Murdoch Family, is reported to be scaling down its investment in Australian sportsbook challenger Betr.  As reported by the Australian Financial Review (AFR.com), News Corp seeks to “water down its investment in Betr”, the sportsbook venture of Matthew Tripp in which it owns a 47% stake. Investment concerns have grown due to …

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Spelinspektionen to host live inspection of Nordic Markets on 21 March

SBC News Spelinspektionen to host live inspection of Nordic Markets on 21 March

Spelinspektionen – Sweden’s gambling inspectorate, has called on all gambling policy stakeholders and industry leadership of Nordic gambling markets to join its ‘Live Seminar’ on 21 March 2023.  The event will be hosted at the Stockholm Waterfront from 10am-to-5pm and will provide the most comprehensive analysis of Nordic gambling market’s policy developments and wider issues impacting regulatory affairs. “Together with …

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Winning Post: What Football’s White Paper tells of gambling’s regulatory future

SBC News Winning Post: What Football's White Paper tells of gambling's regulatory future

Last week the UK government delivered on a pledge of the 2019 General Election, publishing the White Paper of its review of Football. Regulus Partners draws on the expected parallels and horse-trading of how football’s fan-led recommendations will resemble UK gambling’s forthcoming judgements… The government demonstrated this week that, contrary to speculation, DCMS White Papers do exist. It has taken …

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UK Gambling has no minister as review needs an Easter conclusion

SBC News UK Gambling has no minister as review needs an Easter conclusion

DCMS has confirmed that at present, no minister has been assigned to oversee the brief of the Gambling Review.  The statement was made in light of the Racing Post announcing on Wednesday that Stuart Andrew, DCMS current Sports Minister would oversee gambling duties replacing Paul Scully. This February, PM Rishi Sunak announced that DCMS would be restructured due to the …

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Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

SBC News Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

Minas Gerais has become the latest Brazilian state to outline its commitment to launching an online gambling and sports betting regime.  This week the Finance Secretary of Minas Gerais, Brazil’s second most populous state (+22m) allowed state-owned lottery operator Loteria Mineira (LEMG) to launch its ‘sportsbook pilot’ website and mobile app Lotominas.bet. Developed by Intralot Brasil, LEMG’s ‘sportsbook pilot’ will …

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ANJ demands drastic lowering of GGR from excessive gamblers

SBC News ANJ demands drastic lowering of GGR from excessive gamblers

l’Autorité Nationale des Jeux (ANJ), France’s unified gambling regulator, has ordered operators to prioritise reducing their percentage share of gross gaming revenues (GGR) generated from ‘problematic players’.  The initiative was called upon by ANJ’s board following its review of action plans on the “prevention of excessive or pathological gambling” submitted by licensees in 2022. Problematic gambling is recognised as “French …

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GiG expands News Corp partnership to cover Ireland

SBC News GiG expands News Corp partnership to cover Ireland

Gaming Innovation Group (GiG) has secured a significant commercial upgrade to its existing content partnership with News Corp Limited.  Since December 2022, GiG’s media division has led the editorial of sports betting and online casino content for News Corp’s flagship The Sun and talkSPORT properties. Following a ‘successful launch’ that has exceeded partnership expectations, News Corp announced that GiG media …

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Enjoy marks Brazil as first stop of its LatAm digital expansion

SBC News Enjoy marks Brazil as first stop of its LatAm digital expansion

Heritage South American gambling group Enjoy SA has unveiled its new online betting platform EnjoyWin, which is now operational in Brazil, a market that the Chilean based company expects to become “the next big thing”. In an interview with local media DF MAS, Enjoy’s Product and Innovation Manager Marianela Artoni shared that the platform features an expanded offer that includes …

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CIRSA full unit recovery delivers peak profits of €550m 

SBC News CIRSA full unit recovery delivers peak profits of €550m 

Grupo CIRSA has lauded its 2022 financial recovery as all core business units “return and outperform pre-COVID 2019 trading”.  Full-year 2022 results saw the Blackstone-owned Spanish gambling group declare an operating profit of €552m, up 66% on the corresponding FY2021 result of €331m. Headline growth was attributed to CIRSA units achieving a combined peak operating income of €1.74bn, ahead by …

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