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LeoVegas nets German federal licence for online slots  

SBC News LeoVegas nets German federal licence for online slots  

LeoVegas AB is gearing up to join Germany’s ‘GlüNeuRStv’ interstate gambling regime, having been granted licence authorisation by the Federal Gambling Authority, Gluecksspiel (GGL). The Stockholm-listed online gambling group informed investors this morning that it had been granted a GGL-authorised licence to “offer and market slots nationwide across Germany”. The statement read: “Gemeinsamen Glücksspielbehörde der Länder (GGL), has granted LVSports …

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Videoslots to challenge €9.8m Dutch KSA fine

KSA, Netherlands/Dutch gambling authority

Videoslots has stated that it will challenge a €9.8m penalty summoned on its business by Dutch gambling authority Kansspelautoriteit (KSA).  The fine – yet to be disclosed by KSA – was branded as ‘absurd and unlawful’ by Videoslots, which  will unequivocally challenge how the Dutch authority issued the record penalty fee on its business. Malta-based Videoslots accused KSA of “calculating …

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SIS brings 24/7 live racing channel to Poland with Go+bet

SBC News SIS brings 24/7 live racing channel to Poland with Go+bet

SIS (Sports Information Services) marks its entry into Poland, having agreed to supply its end-to-end 24/7 live betting content for horse and greyhound racing content to Go+bet.  The partnership will see Polish sportsbook Go+bet, extensively revamping its racing offering with SIS premium Live Betting Channel, providing access to over 73,000 horseracing/greyhound events each year. Of significance, the Go+bet sportsbook will …

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GambleAware forms £2m long-term recovery programme

SBC News GambleAware forms £2m long-term recovery programme

GambleAware has awarded £2m in funding to ten organisations to help improve the long-term recovery for victims of gambling harms. The grants form part of the charity’s expanded ‘Aftercare Funding Programme’ (AFP), which is focused on developing longer-term recovery programmes to benefit the UK’s treatment support network for gambling harms. The ten organisations selected include; the Acta Community Theatre, Addiction …

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Flutter maintains growth in tricky 2022 as focus shifts on FanDuel break-away

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc has delivered on the objectives of a transformative 2022, maintaining ‘rapid US expansion’ whilst successfully integrating the new assets of Tombola and Sisal to diversify its home and international units. Announcing its full-year 2022 preliminary results, Flutter achieved group revenue results of £7.69bn, up 27% on corresponding FY2021 figures of £6.03bn. The FTSE100 gambling group maintains its …

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UKGC opens consultation on GAMSTOP extensions and suicide disclosure

Sarah Garnder: UKGC consultation conclusions due this summer

The UK Gambling Commission (UKGC) has launched a new consultation to secure feedback on “three proposed changes to requirements placed on UK gambling businesses”.  Feedback is required on the first proposal to expand “the multi-operator self-exclusion scheme to additional categories of betting licensee”. The Commission is consulting on whether to apply the GAMSTOP self-exclusion scheme to “all betting licensees, including …

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Better Collective strikes betting media partnership with Goal 

SBC News Better Collective strikes betting media partnership with Goal 

Better Collective continues to expand its B2B services, having entered into an exclusive agreement to support global football media publisher Goal.  Launching the partnership on 1 March, Better Collective has been charged with providing new commercial sports betting content, tech and data insights for Goal domains, which attract an average of 64m monthly visitors. The partnership was struck with Footballco, …

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Czech Treasury demands higher tax take from gambling 

SBC News Czech Treasury demands higher tax take from gambling 

The Ministry of Finance of the Czech Republic has notified national media of its intent “to implement tax changes on gambling”.  The notice was declared by Czech Finance Minister Zbyněk Stanjura, who is currently drafting new measures for the national budget in which the Civic Democratic (ODS) government has “emphasised delivering savings of Kč 70bn (€3bn).” The savings target is …

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Codere Online confirms CEO departure as Nasdaq year-1 targets are matched

Codere Online

Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group.  The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business.  A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …

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Scout Gaming narrows 2022 losses as cost concerns remain

Dafabet

Scout Gaming AB cites that more ‘transformative work’ is required for the company to become a profitable cash-generating business. The Nasdaq Nordic listed real money fantasy sports software supplier saw its full-year 2022 net losses stand at SEK 60m (- €5.5m), with bottom-line results reflecting a 27% decrease on FY2021 losses of SEK 82m (-€7.4m). The narrowing of year losses …

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