Betsson AB continues to bolster its B2B sportsbook resources by acquiring a majority 80% stake in KickerTech Malta for a valuation of €14m cash. The investment accompanied Betsson’s Q3 trading update, in which the Stockholm-listed online gambling group revealed that its proprietary sportsbook portfolio had surpassed period wagers of +€1bn.  An agreement has been reached with TG Holdings to acquire …

Michelle Donelan has kept her ministerial role as Secretary of State for the department of Digital, Culture, Media and Sports (DCMS).   Yesterday afternoon, new Prime Minister Rishi Sunak declared no changes to DCMS’ leadership, a department that has witnessed 11 secretarial changes in the past 12 years. An appointment of PM Liz Truss’ short-lived premiership, Donelan replaced Nadine Dorries as …

Betsson AB has reported consecutive ‘best ever’ quarters, as group leadership looks forward to the FIFA World Cup to close an anticipated record-breaking 2022.  Publishing its Q3 trading update, Betsson generated group revenues of €200m, up 18% on 2021 results of €170m. Headline growth sees year-to-date revenues stand at €556m (YTD2021: €500m). Period trading was bolstered by the early start …

Ulf Kristersson, Sweden’s new Prime Minister has announced the remaining cabinet positions that will form the country’s new right-wing coalition government.  The leader of the Moderate Party, Kristersson will govern alongside members of the Swedish Democrats (SD), Liberal, and Christian Democrats (CD) parties – the coalition that won Sweden’s General Election on 11 October. The Riksdag informed that Kristersson had …

Though blighted by chaotic changes to the government, which will likely see no publishing of the Gambling Review White Paper in 2022. Licensing Expert David Clifton observes strategic manoeuvres that indicate which criteria stakeholders want the Review’s remaining proceedings to focus on. Consensus points out that an abandonment of the White Paper would not represent good news for either the …

The government of Albania will seek to relaunch the Balkan nation’s sports betting marketplace by 1 January 2023.  Sports betting was prohibited in 2018 alongside casino and online gambling, a decision sanctioned by Albanian Prime Minister Edi Rama as a youth protection and anti-corruption measure. This summer, Balkan news sources reported that Rama was considering suspending gambling’s prohibition to generate …

Gluecksspiel (GGL), Germany’s unified gambling regulator, has warned Twitch that its streaming platform must comply with the advertising rules of the Fourth Interstate Gambling Treaty (GlüNeuRStv).  The caution is a response to Twitch updating its ‘Community Guidelines’ this October to enforce a ban on “unsafe slots, roulette, and dice gambling sites”. The updated guidelines stated that “starting October 18th we …

GambleAware has highlighted key recommendations and feedback made by Bournemouth University on “How to Create Safer Online Gambling” environments  Bournemouth University was commissioned by GambleAware to provide independent research on how operators delivered effective and engaging safer gambling messages to customers. The research was further tasked with evaluating the transparency of messages when operators provide information to customers.  Insights were …

Australian media reports that Betr, the new sportsbook venture of Matthew Tripp, has pulled out of its ‘leading bid’ to take over management of the Western Australia TAB (WA TAB).  This October, the WA Gaming and Wagering Commission surprised industry observers by naming Betr, a yet-to-be-launched sportsbook, as the frontrunner to win its WA TAB contract. The decision was branded …

The English Football League (EFL) faces mounting political pressure to end its title sponsorship with Sky Bet.  This weekend, the Daily Telegraph reported that EFL Chairman Rick Parry was issued a letter signed by cross-party-peers calling for the EFL to end its relationship with Sky Bet as principal sponsor of the Championship, League One and League Two. The letter cited …