PressEnter Group has announced that it is subject to a management buyout led by Chief Executive Lahcene Merzoug and members of the firm’s current executive management team. CEO since 2021, Merzoug is confident that the transaction will soon be completed, in which he will assume the role of Executive Chairman. “PressEnter Group’s management team consider the group to have significant …

 Super Group Inc (SGHC) continues to navigate against macro headwinds impacting the performance of its flagship Betway and Spin brands across global jurisdictions. Publishing its Q3 trading update, the NYSE online gambling group registered corporate revenues of €308m, down 2% on 2021 comparative results of €312m. The decline in headline revenues was primarily attributed to the slowdown of the Spin …

Stanleybet Group has announced that it will expand into the Spanish retail betting market, launching its initial operations in the autonomous province of Andalusia.  The heritage European gambling group has obtained a Spanish retail betting licence, and secured further Andalusian rights to open its first shop venue in the city of Malaga – expected to take place by the first …

Spain’s Ministry of Consumer Affairs has stressed the need for tougher monitoring of online gambling, having increased year-on-year ‘sector penalties’ handed to licensed operators.  The warning follows a sector update, which revealed that during the first half of 2022, the Ministry had issued “sanctions for serious infractions” on 53 operators, with fines totalling €84.3m. Of the 53 individual penalties, the …

Lloyds Bank has begun trialling a ‘budgeting tool’ that allows debit card customers to set ‘personalised limits’ on their monthly gambling spend. “The feature allows people using the Lloyds Bank mobile app to set a monthly debit card gambling limit of any amount to the nearest pound when spending online, in person or over the phone,” it stated. The budgeting …

Allwyn Entertainment will take over the running of the National Lottery in 2023, having agreed terms to acquire Camelot UK outright.   A deal was reached with the Ontario Teachers Pension Plan (OTPP) for Camelot UK to be sold to Allwyn, who will take control of the Fourth National Lottery contract a year prior to its entitlement. Financial terms were not …

Sorare, the collectable NFT football game, will expand free-to-play access on its platform in response to concerns by French gambling authority l’Autorité Nationale des Jeux (ANJ). Since March, ANJ had scrutinised Sorare due to concerns about its NFT platform’s legibility to maintain customer protections, underage gaming and money laundering risks.  Founded in 2018, Sorare is an Ethereum blockchain-built football game …

“A shift towards a better targeted and more personalised approach to safer gambling has been witnessed across European gambling markets.” The above statement was made by Brussels-based trade body The European Betting and Gaming Association (EGBA), which published its annual ‘Sustainability Report 2021/2022’. The report showcases the joint efforts made by EGBA members to promote safer gambling and their progress …

Kansspelautoriteit (KSA), the Netherlands gambling authority, has launched an investigation into affiliate websites that have breached its rules by promoting illegal/unlicensed operators. Of concern, KSA detailed that the websites had targeted vulnerable players using domains such as ‘casinowithoutcruks’ and ‘casinowithoutlicense’ – that deliberately promoted illicit operators in breach of KOA laws and requirements. The websites were discovered following an online …

Sports engagement platform Tally Technology  (www.playtally.com) has been appointed by Ambev, the Brazilian subsidiary of multinational brewery AB InBev, to develop new football-based games and fan experiences for Brazil Serie A teams Atlético Mineiro and Cruzeiro Esporte Clube. The agreement follows a successful test period, in which leading sports sponsor Ambev successfully utilized Tally’s ‘prediction games’ to engage with fans …