The government of Paraiba has approved a decree to launch an independent sports betting regime within the boundaries of the Northeastern state of Brazil.  On 17 January, Decree 43376/2023 was published in Paraiba’s state gazette, with the directive approved by governor João Azevêdo Lins Filho. Amongst Brazil’s smallest states, Paraíba (population four million) seeks to launch an independently governed marketplace …

The US Securities and Exchange Commission (SEC) has been informed by Nueva Codere of a cyberattack to its subsidiary Codere Online, resulting in losses of €744,000.  The admission to the SEC outlined ‘weaknesses in internal controls’, which allowed hackers to access Codere Online’s email systems. The cyberattack saw hackers pose as ‘Codere Online agents’, who sent ‘manipulated invoices’ to various …

PA Betting Services has been enlisted to bolster the horseracing content of talkSPORT BET, the new joint-venture sportsbook property of talkSPORT Media and BetVictor.  Securing a multi-year partnership, PA Betting Services will deliver its premium racing content from the UK, Ireland, South Africa and Japan to enhance the offering of talkSPORT BET’s new sportsbook platform.   talkSPORT BET formally launched in …

Racecourse Media Group (RMG) has confirmed the appointment of former Flutter UK-&-Ireland CEO Conor Grant as incoming Chairman. Grant will initially join RMG as a Non-Executive Director from 1 April, with a view to succeed Roger Lewis as Chairman from October 2023. A racehorse owner, Grant is recognised as the ideal candidate to oversee RMG governance and its duties for …

FansUnite Entertainment Inc has lauded the performance of its wholly-owned B2C white-label property McBookie (McBookie.com).  2022, FansUnite’s flagship UK brand achieved a turnover of £45m, up 22% on corresponding year results of £36.6m. Peak wagering was attributed to McBookie generating a 26% increase in sportsbook turnover to £16.5m (FY2021: £13m), combined with an improved online casino turnover of £28.4m (+20%).   …

Catena Media has warned investors of a reduction in Q4 operating profits due to impairments related to write-downs and restructuring measures of its European media portfolio.    Publishing a Q4 2022 preliminary update, Catena underlined continued strong US trading, as its North American assets achieved revenues of €21.5m, reflecting a 31% increase on corresponding results of €16.4m. Having reduced the size …

The Parliament of Romania will review the nation’s advertising code in relation to tightening laws and standards on the marketing and coverage of gambling products. The directive has been ordered by the National Audiovisual Council (CNA), Romania’s media monitoring agency, who this week voted unanimously in favour of a ‘draft law’ to amend Romania’s existing advertising code.  Last November, the …

EveryMatrix has secured a major commercial initiative, having won the public tender to serve as the lead sports betting software provider of Szerencsejáték, the operating firm of the Hungarian state lottery. Awarded the tender, EveryMatrix will be charged with building a new end-to-end advanced sports betting product for TippmixPro, Szerencsejáték’s online sportsbook brand. All functions and components of TippmixPro will …

Entain Plc has underlined its commitment to securing 100% growth within regulated igaming markets, having this morning declared an accelerated withdrawal from several unregulated areas.  The FTSE100 gambling gorup’s board notified investors that the it would no longer operate in “unregulated markets where it sees no path to domestic regulation.” No details were provided as to which markets Entain had …

Betting and Gaming Council (BGC) Chief Executive Michael Dugher has cited concerns that the Gambling Review has lost “real oversight and a genuine strategic approach” with regards to implementing effective reforms.  As February approaches, the deadline month for DCMS to publish the Gambling Review’s long-awaited White Paper of recommendations, Dugher questioned – “What exactly is the government trying to achieve …