Ted Menmuir

En Marche sanctions FDJ IPO inbound for November

Bruno Le Maire, France’s Economic & Finance Minister, has confirmed that the En Marche government will maintain its ‘Pacte Loi’ agenda, authorising for the IPO of Française des Jeux (FDJ) to take place from 7-20 November. Confirming En Marche’s first privatisation, Le Maire has sanctioned for FDJ to list its shares on the Paris Euronext exchange as the French state sells …

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Revived PMU posts back-to-back racing growth

France’s Pari Mutuel Urbain (PMU) details confidence in its ‘revitalisation programme’ reporting consecutive growth quarters for its racing vertical. Updating PMU stakeholders this week, Chief Executive Cyril Linette revealed that French racing wagers during Q2 and Q3 trading had consecutively grown by 0.5% to €1.9 billion, an outcome that the PMU last witnessed in 2011. Despite a tough opening to …

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Racing Post B2B boosts bookmaker football packages

Racing Post

Racing Post B2B has enhanced its operator ‘football content packages’, with the addition of further engagement features bringing punters closer to the action than ever before. Boosting bookmaker engagement, Racing Post B2B has strengthened its football content with the inclusion of confirmed line-ups, audio commentaries and new audio goal alerts. Furthermore, bookmakers will have access to pre-match expert analysis provided …

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Javier Balbuena – Paraguay needs to strengthen CONAJZAR remits

Javier Balbuena, former Director General of Paraguay’s CONAJZAR gambling commission, has been appointed as a key advisor to the Committee of Economic Affairs which is set to undertake a wholesale review of the country’s gambling laws. Speaking to SBCNoticias, Balbuena has confirmed that Committee members will review three separate ‘Games of Azar’ bills seeking to establish a new regulatory framework governing Paraguayan …

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Lib Dems appoint GAMSTOP director Mike Dixon as party CEO

The Liberal Democrats have confirmed the appointment of Mike Dixon as new Chief Executive of the party from 21 October. Dixon will take control of Lib Dem operations and strategic planning, having formerly served as Chief Executive of ‘Addaction’ – a UK-wide support network for people recovering for drug/alcohol addiction and mental health issues. Regarded as one of the UK …

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Rank pleased with Grosvenor progress as critical Stride integration begins

Rank Group Plc has detailed further progress for the firm’s transformation objectives and confidence in future prospects, as the London listed gambling group publishes its latest trading update for the quarter ending 30 September 2019. Rank records a 10% increase in group like-for-like net gaming revenues (NGR), detailing strong continued growth across its digital channel up 16% NGR. Maintaining its digital …

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Italy calls for toughest stance governing gambling transactions

Italian gambling incumbents are set to undertake further market adjustments, as the new 5Star-DP coalition government publishes the draft decree of its planned ‘Budget Law’. Following on from 2019’s gambling advertising ban established by the former Lega-5Star coalition government, in 2020 Italy will move to establish new payment processing laws and operator AML registry. New fiscal provisions introduced to the …

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Adthena: Dancing in the dark… why competitive visibility is a US winner

When the legal sports betting market in the US kicked off last year, it opened up a billion-dollar industry for bookmakers and affiliates. It’s a brand new competitive landscape where everything’s up for grabs, the competitors are yet to be determined, and the first order of business is to acquire as many players as you can, as fast as you …

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MustardBet shuts down business

Isle of Man licensed online bookmaker MustardBet has informed customers that it has ceased trading by issuing a notice of closure across its digital platforms. The bookmaker confirmed that it has begun returning balances back to customers, which it aims to fulfil within the next 72-hours. Closing its wagering markets, MustardBet has been praised for confirming that ‘all unsettled customer bets …

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Malta MGA publishes Brexit guidance

The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …

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