DACH markets betting group bet-at-home AG has recorded double-digit declines across all topline metrics, publishing its Q1 2020 trading update. The Frankfurt Xetra bookmaker detailed that tough Q1 trading was compounded by the abrupt postponement of European sports and continued wagering declines recorded in Poland and Switzerland. Dealing with multiple headwinds, bet-at-home saw Q1 2020 wagering volumes drop by 18% …
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Carousel Group has confirmed the promotion of Josh Littin to the position of Director of Digital. He will be tasked with overseeing the firm’s online growth and product development strategies. Littin has served as Carousel’s Head of Product since 2018, becoming a key stakeholder in the launch and strategic development of the firm’s Sportsbetting.com and Racebook.com properties. Carousel confirmed that …
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Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents. Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels. ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing …
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French horseracing will be allowed to return this May, operating its schedule and track meetings on a ‘conditional basis’ granted by France’s Ministry of Agriculture. Last week, Edouard de Rothschild – President of France Galop – and LeTrot counterpart Jean-Pierre Barjon presented French racing’s action plan to resume fixtures on 11 May behind closed doors. Underlining that races would be held under …
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Day five’s morning session of the SBC Digital Summit concluded with the ‘Gambling in Society‘ panel, which focused on the ways gambling can ‘re-appraise its position’ to regain the trust of consumers, regulators, media and wider society. The ongoing global crisis has emphasised the need for gambling companies to re-establish their community bonds, as corporate conduct and social responsibility are …
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The UK Gambling Commission (UKGC) has this morning confirmed the appointment of four new commissioners, strengthening its regulatory oversight for a crucial 2020 agenda and further future proceedings. The commissioner appointments have been approved by the Department of Digital, Culture, Media and Sport (DCMS) – allowing Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey to join UKGC governance …
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As I write this, I am greatly looking forward to moderating the “Brand Control – Working with Affiliates” panel session during the “Digital Marketing Day” of the ground-breaking SBC Digital Summit. This will be a highly topical session because, looking back on what has happened in gaming regulatory terms since the commencement of the COVID-19 lockdown in the UK and …
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The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …
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The first-panel session of the Payments Day track, held on day-four of the inaugural SBC Digital Summit, debated how COVID-19 disruptions will impact all dynamics related to AML, fraud and customer verification measures. Payment Expert Editor Joe Streeter led discussions on key industry disciplines that were in the midst of an overhaul, prior to the virus spreading and creating a …
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A new FTSE100 gambling giant was formed this morning, as Flutter Entertainment Plc confirmed the outright completion of its $11 billion merger with The Stars Group Inc (TSG). Flutter has completed its six-month merger pursuit of TSG ‘on schedule’, securing all regulatory (Australia, UK and US) and shareholder approvals during the first half of 2020 trading. Updating its timetable, the …
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