The government of Kazakhstan has authorised amendments to the Tax Code that will require all licensed gambling operators to report on the wagering activities and profiles of Kazakh citizens. A mandate that was approved by the Mazhilis (Parliament) in November has been imposed as of 12 February 2024, and will require Kazakh gambling operators to submit direct customer reports to …
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FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout
Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …
Read More »Betfair shortens odds on Labour majority as Tories stick with Sunak
The Labour Party’s odds of winning a forthcoming General Election have shortened to 1/4 following by-election wins in the constituencies of Kingswood and Wellingborough. Yesterday’s double victory sees Betfair Politics improve Labour’s odds of winning the next UK election from 1/3 to 1/4 (80%). Of significance, observers noted the significant swings of 11,000 votes in Kingswood and 18,500 in Wellingborough …
Read More »DSWV: Interstate deficiencies will be exposed in critical summer for German sports
Deutscher Sportwettenverband (DSWV), Germany’s Sports Betting Trade Association, has called on Bundesländer (state authorities) to back its call for a “realignment of regulations in 2024”. The trade body has urged Germany’s 16 federal states to face the deficiencies of the Fourth Interstate Gambling Treaty (GlüNeuRStv), the framework that has re-regulated the country’s online gambling marketplace since July 2021. 2023 was …
Read More »TipsterChat: Brazil’s betting future lies in authentic connection
For many customers, tipsters serve as trusty companions, offering expert predictions to navigate the intricacies of betting. “What if you could see the bets made by the best bettors in the world?” reads the website of TipsterChat; an app that makes it possible for users to connect with such experts. . We sat down with TipsterChat CO-Executive CEO, Carlos Sánchez, …
Read More »Svenska Spel to close Cosmopol Gothenburg & Malmö venues on 24 Feb
Svenska Spel has confirmed that it will close its Casino Cosmopol venues in the cities of Gothenburg and Malmö on Saturday, 24 February. The decision follows Svenska Spel’s conclusion of negotiations with the respective trade unions on the closure of venues deemed ‘no longer profitable’ for Sweden’s state-owned gambling group. The closure of Cosmopol’s Gothenburg and Malmö venues follows Svenska …
Read More »Stockholm District Court dismisses Holknekt challenge against Kindred
The District Court of Stockholm has dismissed a legal challenge against Kindred Group related to the compensation of losses of gambling addict Per Holknekt. Renowned fashion designer and founder of online retailer Odd Molly, Holknekt began legal proceedings in July 2022 against Kindred Group and its relationship with subsidiary Trannel Ltd. Holknekt claimed that he was a VIP customer of …
Read More »SBC Summit Rio: Blaze ready for Brazil’s new frontier in igaming
In their inaugural participation at the SBC Summit Rio (5-to-7 March 2024), Blaze (Blaze.bet), the bronze headline sponsor, highlights the significance of the event as a pivotal platform for networking, learning, and growth. Frances Kintana, HR Director, shares their enthusiasm for leveraging the summit to forge valuable industry connections, stay ahead of trends, and drive strategic advancements. _________ SBC: What …
Read More »Sportradar appoints Felippe Marchetti as integrity lead for Brazil
Sportradar has confirmed the appointment of Felippe Marchetti as Integrity Partnerships Manager for Brazil, helping the NASDAQ tech group scale its integrity and intelligence capabilities for South America’s biggest sports market. Marchetti is experienced in the governance of Brazilian pro-sports, having previously served as a researcher for the Brazil’s Ministry of Sport and as an independent sports integrity consultant deeply …
Read More »iCasino the main draw for France at ICE 2024
If Latin America was most often mentioned as the region of focus for both suppliers and operators during ICE London last week, when it came to France all the questions and industry chatter focused on whether online casino (or iCasino as the natives say) regulation was a real possibility in the near-to-medium term. This was perfectly illustrated during the roundtable …
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