Ted Menmuir

Dafabet accelerates Spanish drive with R. Franco Digital 

Dafabet has confirmed that it will expand its Spanish market presence, supported by R. Franco Digital as its lead platform provider.    Updating the market, Dafabet announced that it has transferred its sportsbook and further technology provisions onto R. Franco’s ‘IRIS’ open architecture system, allowing for a better configuration with Spanish market requirements. An established brand within the UK and Asian …

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Mexico’s igaming market blurred by new digital VAT scheme

The Mexican igaming market has been disrupted by the introduction of a new ‘16% digital services tax’ for all foreign-based companies. Last week, Mexico’s Finance Ministry launched its new ‘SAT Tax’ scheme enforcing the nation’s standard 16% value-added tax charge to be sanctioned on all digital transactions and services, effective from 1 July 2020. The VAT extension forms part of …

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Kindred launches new ‘Fair Sports 4 All’ educational programme with EFDN

Kindred Group has launched it’s new ‘Fair Sports 4 All’ project in collaboration with the European Football Network (EFDN) to educate all sports stakeholders about combating match-fixing and safeguarding integrity. Fair Sports 4 All is a 36-month directive providing educational tools, digital resources, training and further information on reporting match-fixing and suspicious activities to relevant authorities (local and international). Helping …

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Coral relaunches cinematic campaign for racing’s return

Coral has welcomed the return of horseracing on terrestrial TV screens by launching it’s new ‘At the Races’ advert, which forms part of the bookmaker’s wider ‘Coral Racing’ campaign.  This February, Coral launched its ‘Coral Racing’ campaign, a ‘cinematic HD series’ of adverts produced by BBH London as the bookmaker’s new lead creative advertising agency. The campaign was launched as Coral’s …

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Ukraine Rada approves unclear Gambling Law for second readings

Ukraine’s Verkhovna Rada (parliament) Finance Committee has approved Bill-2285D to be forwarded for second readings. Yesterday, Committee member Andrei Motovilovets declared that the Committee ‘unanimously supports the formation of a new market’, and sanctioned second readings for the SoP Party’s ‘Gambling Law’ mandate. The approval sees Rada update its parliamentary schedule to host a dedicated readings session on final provisions …

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Intralot rocked by Bulgaria Eurobet suspension 

Intralot SPA has detailed a troubled start to 2020 trading, noting steep declines across all core operating metrics and divisions, as its corporate recovery programme has been impeded by multiple novel headwinds.  Publishing its Q1 2020 results, the Athens-listed gambling technology and lottery systems provider saw group turnover decline by 47% to €102m (Q12019: €193m).  The €90m turnover decline is …

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Mansion orders Playtech sports betting upgrade for casino properties

Mansion Group has expanded its lead technology supplier agreement with Playtech Plc, adding a further sportsbook platform for its Casino.com property. The product and services extension follows Mansion renewing contract terms with Playtech as its lead technology and platform supplier for a further five-years. Updating stakeholders, Mansion confirmed that it seeks to expand Casino.com’s capacity by adding new sportsbook components, alongside …

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Cloudbet elevates UFC 250 offering with in-play markets

As Amanda Nunes prepares to protect her winning streak in women’s UFC this weekend, Bitcoin sportsbook and casino Cloudbet has revealed that it will be offering a range of betting markets on the event. Cloudbet confirmed that it will be offering up to 28 prop markets per fight, on outcomes including win by KO/TKO and in which round a bout …

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Betgenius: Spare change… how will the increase to five subs affect football trading?

Betgenius Head of Trading Dmitri Agapov weighs up what the new International Football Association Board (IFAB) ruling allowing teams five substitutions means for sportsbook trading teams… When the Premier League, La Liga and Serie A get back underway, empty stadiums and socially distanced benches are not the only changes for fans and teams alike to get used to. Under a new …

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Tabcorp secures debt interest amnesty for 2020  

Tabcorp Holdings has reached an agreement with its US debt holders which will allow the ASX gambling group to defer payments on its debt covenants.  Last month, Tabcorp communicated that it had entered negotiations with US debt holders to obtain new ‘covenant terms’ on its corporate debt tranche of AUS $2.1 billion, maximising financial flexibility as it looks to navigate …

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