The government of Colombia has appointed Roger Carrillo Campo as new President of national gambling authority Coljuegos. The appointment was confirmed by the Ministry of Finance, which oversees Coljuegos’ management and oversight of both online anad land-based gaming in Colombia. A qualified economist from Universidad Autonoma de Colombia (UAC), Carrillo Campo has held senior civil service positions within the Bogota …
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Sky Bet turns to Grey London for creative switch
Sky Bet has announced that Grey London has won its agency pitch to become the creative lead of its multi-million-pound UK advertising account. The appointment sees Grey London replace incumbent Who Wot Why as lead creative agency of Sky Bet – a position held since 2018. Winning the account, Grey London will be tasked with “developing a long-term strategic brand …
Read More »Catena exercises warrants to expand available share capital
Catena Media Plc has settled its shareholder subscription options related to warrant rights issued for the period of 2020-to-2024. The Stockholm-listed media publisher had previously alerted shareholders of its intentions to exercise warrants following its Q4 2022 trading results. The transaction saw 6,663,913 of warrants paid by Catena, corresponding to approximately 19.7% of all outstanding warrants being exercised for cash …
Read More »Flutter settles $4m SEC fine for PokerStars’ Russian connections
The Securities and Exchange Commission (SEC) has disclosed that Flutter Entertainment has agreed to pay a $4m fine to settle violations of the US Securities Exchange Act. The settlement was disclosed this morning by the SEC, and relates to Exchange Act breaches committed by Flutter’s igaming subsidiary PokerStars business activities within Russia. An investigation by the US financial markets watchdog …
Read More »bet-at-home prioritises home market growth following dire 2022
bet-at-home AG has declared a full-year corporate loss of €585,000, due to the extensive streamlining of its day-to-day operations and reorganisation of its business strategy. 2022 marked a dire year for the Frankfurt Börse betting group, which recorded declines across all core trading metrics as its full-year gaming revenues (GGR) fell by 10% to €53.5m (FY2021: €59.3m). The drop in …
Read More »PokerStars renews winning formula with Oracle Red Bull Racing
PokerStars will continue to promote its global brand via Formula One, having agreed to extend its sponsorship of the Oracle Red Bull Racing team for the 2023 F1 season. The sponsorship extension was secured ahead of the start of a new F1 season which began this weekend at the Bahrain Grand Prix won by Oracle Red Bull Racing’s Max Verstappen. …
Read More »PandaScore leads full upgrade of Betfred esports markets
Betfred is set to ‘supercharge its esports offering’ by partnering with dedicated esports odds compiler and end-to-end data solutions provider PandaScore. The launch of Betfred’s new esports offering will provide customers with access to over 308 unique markets priced by PandaScore’s trading team across 32,000 esports events per year. The tier-1 bookmaker will further be supplied with PandaScore customised tools …
Read More »Lula to bring sports betting forward but sidelines online casino
Fernando Haddad, Brazil’s Minister of Finance, has shared that the Presidency of Lula da Silva will focus on moving forward on “electronic gaming”, and sanction a sports betting regime. Yet, new details of a federal bill show that online casinos will not be included in upcoming plans. Sports news outlet Panorama Deportivo cited Ministry sources and explained what the regulation …
Read More »DGOJ signals to March ascent for new Spanish Gambling Decree
March is set to be a transformative month for Spanish gambling, as the DGOJ holds final ‘plenary sessions’ on the directives of the ‘Royal Decree on Safer Gambling Environments’. This week, DGOJ Director General Mikel Arana guided Spain’s ‘Responsible Gambling Advisory Council’ through the ‘main novelties and technicalities’ of the Decree. Arana cited confidence that the Royal Decree will secure …
Read More »Lucy Frazer: The voices of Gambling Suicide must be heard
DCMS new Culture Secretary, Lucy Frazer, has stated that those impacted by gambling-related suicides must be accounted for in reforming the UK gambling industry. Three weeks into her new ministerial role as DCMS leader, Frazer spoke at a meeting with industry reformists Gambling with Lives, who were described as “tireless and devoted champions” – leading a transformative campaign that has …
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