The European Commission (EC) is set to urge its member states to implement advertising standards and social warnings regarding online betting and gambling advertising. The EC intends to implement advertising warnings on all forms of gambling advertising in order to curve problem/compulsive gambling in member states. A draft European legislation is in the process of being written by the European …
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Focus on stadium naming rights – part 3 – The End Game
With six Premiership clubs now enjoying commercial stadium deals it’s perhaps a surprise that the other top clubs are yet to do so. It is however not for want of trying; as far back as 2009 Chelsea openly admitted they were considering selling off the Stamford Bridge name and were reportedly hunting a deal in the region of £10m a …
Read More »GameAccount introduces new international commercial team
Led by Commercial Director Daniel Lindsay, who joined GameAccount in September 2013 and has over 19 years gaming experience with companies including TCS John Huxley and Aristocrat Leisure Limited, the new team comprises; Sara Di Finizio ,Country Manager Italy, alongside Commercial Managers Federica Faggiano and Camilla Folkeson. Underlining the strength of the team, Daniel Lindsay said: “We have recruited from …
Read More »Russia to study the legalisation of online poker
Russian First Deputy Minister Igor Shuvalov has order the Russian Finance and Economic Development Ministry to study the potential legalisation of online poker in the country. Russian business news source Kommersant, reported that senior Russian government ministers had been impressed with financial reports projecting that the government could raise a $145 million in annual fiscal revenues from online poker. Acting …
Read More »Greece’s OPAP offers redundancy scheme to 75% of staff
Greece’s betting monopoly OPAP has begun a voluntary redundancy scheme for about three-quarters of its staff to cut costs, one of its biggest unions said on Thursday.OPAP declined to say whether it was offering the scheme, which will mainly affect its retail network supporting services, according to a document outlining the program seen by Reuters. Greece sold a majority stake …
Read More »RGA criticises Portuguese Government of creating “punitive taxes” and “unviable conditions”
Gambling trade association – Remote Gambling Association (RGA) has labelled the Portuguese Governments plans to implement a 8-16% revenue tax on sports betting operators as “punitive” and “unviable”. The association has raised concerns about Portugal’s current draft igaming proposal and its amendments, which are currently being reviewed by Portuguese parliament legislators. Portugal had planned to liberalise its sports betting market, …
Read More »Evolution Gaming goes live with Danske Spil
Evolution Gaming, video-streamed Live Dealer gaming, has this week launched another world first – a unique new online Live Casino for Danske Licens Spil in Denmark’s liberalised gaming market. The new service from state-owned Danske Licens Spil commenced live rollout on July 3rd with dedicated Live Roulette and Live Blackjack tables hosted at Evolution’s Malta studios. These dedicated tables sit …
Read More »UK gambling sector sees 15% decrease in work force
The number of people working in the gambling industry plummeted by 15 per cent between March 2010 and September 2013, Gambling Commission statistics reveal. There were 122,339 employees as of March 31st 2010, versus a reported 104,137 by the end of September last year. This represents a loss of 18,202 or 14.87 per cent, with the biggest decreases seen in …
Read More »Sisal Group prepares for Italian IPO
Borsa Italiana – the Italian Stock Exchange, announced on Monday that it had allowed gambling and sports betting operator Sisal Group, to list itself for open trading on their exchange. Gambling and payment operator Sisal, are one of the leading operators in the region, with reported revenues totaling €772 million (£614 million) for 2013. Italian gaming regulator AAMS, reports that …
Read More »Ireland’s Betting Bill to be reviewed by EC
The Irish Government have submitted the final revision of its proposed Betting Bill to the European Commission (EC). Irish ministers are hoping to implement remote betting regulations and taxes on the online gambling industry by the end of 2014. The Bill will be reviewed by the EC, in order to comply with European anti-monopoly and ethical business practices. The EC …
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