Ted Menmuir

Lottoland upgrades customer compliance duties with DoTrust

SBC News Lottoland upgrades customer compliance duties with DoTrust

Compliance specialist, The Department of Trust (DoTrust), has partnered with lotto betting and igaming operator, Lottoland. Through the agreement, the operator aims to improve compliance and enhance customer service with advanced automation in identifying vulnerable customers, with DoTrust selected following a thorough period of due diligence and evaluation. Michael Byrne, COO at DoTrust, said: “Lottoland is a much admired and significant player …

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Tabcorp CEO Adam Rytenskild resigns over ‘offensive workplace language’

SBC News Tabcorp CEO Adam Rytenskild resigns over 'offensive workplace language'

Tabcorp Holdings has informed markets that Adam Rytenskild has resigned with immediate effect as CEO of the ASX-listed wagering and racing media group. Investors were informed this morning of the immediate departure of Rytenskild who faces “allegations of using ‘inappropriate and offensive’ language in the workplace.” Tabcorp said its board considered the language used by the CEO to be inconsistent …

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UKGC to close ‘business as usual’ consultation on Friday

Sarah Garnder: UKGC consultation conclusions due this summer

The UK Gambling Commission (UKGC) has reminded stakeholders that the consultation on proposed changes to the Licence Conditions and Codes of Practice (LCCP) duties and enforcement policies will close on Friday, 15 March 2024. The UKGC launched the consultation on 15 December 2023, seeking feedback on the transparency of financial penalties and the financial key reporting duties outlined in the …

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DGOJ launches whistle-blower Portal of SIGMA Programme

SBC News DGOJ launches whistle-blower Portal of SIGMA Programme

DGOJ, the Gambling Directorate of Spain, continues to strengthen the sports integrity provisions of the ‘SIGMA programme’ against match-fixing and sports manipulations. As announced this week, the DGOJ has launched a ‘notification portal on sports manipulations’ co-developed with SIGMA partner CONFAD – Spain’s network of pro-sports stakeholders combatting match-fixing and criminality in sports. The notification portal will serve as a …

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Experts Table: Gambling needs a sanity check on data discipline & business intelligence

SBC News Experts Table: Gambling needs a sanity check on data discipline & business intelligence

Data management and business intelligence have been determined as the vital disciplines for all gambling-related businesses to maximise margins and reduce costs needed to compete in a cutthroat market. Yet, despite AI innovations, gambling’s value-chain has become more convoluted in its data frameworks and processes. Hence incumbents require an intelligent approach beyond data collection, to benefit from a data-driven culture …

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Entain brings ‘Wall Street Pro’ Ronald J. Kramer as NED

SBC News Entain brings 'Wall Street Pro' Ronald J. Kramer as NED

The board of Entain Plc has announced the appointment of Ronald J. Kramer as a new Independent non-executive director (NED) of the FTSE 100 gambling group with immediate effect. An expert in corporate finance and asset management, Kramer is the current Chairman and CEO of Griffon Corporation (NYSE:GFF), a diversified management and holding company headquartered in New York. During his …

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GGL stands by disputed research of Gambling Survey 2023

SBC News GGL stands by disputed research of Gambling Survey 2023

Glücksspielbehörde (GGL), the Federal Gambling Authority of Germany, has stood by the findings of the Gambling Survey of 2023, emphasising its role in providing a ‘facts-based approach’ to the development of Germany’s Fourth Interstate Market (GlüNeuRStv). The Authority states that it now has the relevant data and insights to make year-on-year assessments of the GlüNeuRStv market since its launch on …

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IGT hits +$1bn income target ahead of Everi transformation

SBC News IGT hits +$1bn income target ahead of Everi transformation

IGT Plc has declared a record operating income of $1bn, as the NYSE-listed technology group prepares for its next transformation having agreed terms to spin off its Global Gaming and PlayDigital units to Everi Holdings. Publishing its FY2023 accounts, IGT’s corporate revenues stood at $4.3bn, up 2% on the FY2022 results of $4.2bn. Investors were informed that consolidated revenue growth …

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YGAM & GAMSTOP report that 28% of student gamblers are at risk of harm

SBC News YGAM & GAMSTOP report that 28% of student gamblers are at risk of harm

“Nearly half of British university students who gamble, report doing so beyond their financial means” is the headline finding of the third Annual Student Gambling Survey, commissioned by YGAM and GAMSTOP. Research conducted by a Censuswide survey, polling 2,000 students on UK campuses, revealed a decrease in gambling participation among participants over the last year, from 71% to 60%. Providing …

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UKGC finalises membership of new Industry Forum

SBC News UKGC finalises membership of new Industry Forum

The UK Gambling Commission (UKGC) has announced the newly appointed members of the ‘Industry Forum’ to provide greater insights and feedback from licensed operators. The initiative was launched by UKGC Chairman Marcus Boyle in September 2023, to establish an Industry Forum providing feedback from licensed operators accommodating new regulatory and compliance demands across their platforms. The Industry Forum is recognised …

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