Ted Menmuir

EC to set state wide gambling advertising restrictions

SBC News EC to set state wide gambling advertising restrictions

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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GameAccount introduces new international commercial team

SBC News 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 …

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Russia to study the legalisation of online poker

SBC News 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 …

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Greece’s OPAP offers redundancy scheme to 75% of staff

SBC News 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 …

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RGA criticises Portuguese Government of creating “punitive taxes” and “unviable conditions”

SBC News 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, …

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Evolution Gaming goes live with Danske Spil

SBC News 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 …

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Sisal Group prepares for Italian IPO

SBC News 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 …

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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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