Tennis’ ATP Tour will launch its first virtual sports product after expanding its longstanding partnership with IMG ARENA – the sports betting innovation studio and content hub of global sports publishing group IMG. The sport’s first officially branded virtual sports product features logos from the ATP Masters 1000 series and official tournament names. It has been designed to deliver players …
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As the UK enters its third week of lockdown, Regulus Partners assess the devastating impact of Covid-19, in which reality indicates that betting incumbents will never see a ‘return to normal’… NB – Helping industry stakeholders, Regulus Partners has produced a free UK sector-by-sector guide to impact which we will update due to the fluidity of the situation. Email Regulus directly for …
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Michael Dugher, Chief Executive of single industry representative body the Betting and Gaming Council (BGC), has stated that UK gambling will support the government in a time of national crisis. On Friday, the BGC published its ‘compulsory action plan‘ outlining 10 measures strengthening industry social responsibility and consumer standards, which all BGC members will adhere to during the COVID-19 pandemic. …
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The Malta Gaming Authority (MGA) has reminded all licensed incumbents of their duties in ensuring that ‘responsible commercial communications’ are thoroughly maintained during the ongoing global COVID-19 crisis. Writing to operators, the MGA demanded that that responsible communications and engagements are upheld with consumers who have been forced into lockdown or isolation by their national governments. It said: “We remind …
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GVC Holdings has underlined its support for the Betting and Gaming Council’s (BGC) ‘coordinated approach’ to provide consumers with the safest gambling environments during the current Covid-19 pandemic and beyond. The FTSE250 betting group has emphasised the need for greater responsibility during a period in which a ‘quarter of the global population in some form of lock-down’. This could lead …
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FTSE100-listed Flutter Entertainment has underlined that its multi-billion pound merger with The Stars Group Inc (TSG) remains on track, as the group plans to undertake several COVID-19 adjustments. Planning for 2020 disruptions, Flutter confirmed that it has secured a new debt arrangement which provides the company with access to a £1.3 billion revolving credit facility, supporting the group’s business continuity …
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Industry affiliate marketing publisher Catena Media Plc has informed investors that it will make significant changes to its board following a number of resignations. Issuing a market filing, the Stockholm-listed firm confirmed that Kathryn Baker has declined to seek re-election as Chairwoman. Baker is joined by Mats Alders and Cecilia Qvist who have chosen to resign from board duties. Reacting …
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As Italy enters its fourth week of national lockdown, Italian gambling incumbents have been provided light relief by the government’s new economic measures. Prime Minister Giuseppe Conte has secured an initial €25 billion rescue package, aimed at primarily protecting company payrolls, mortgage repayments and commercial rents. Further measures see the government temporarily suspend tax duties for a number of ‘at-risk …
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Danish gambling regulatory authority Spillemyndigheden has reminded licensed incumbents that new marketing requirements will come into effect on 1 April 2020. On 1 January 2020, Spillemyndigheden officially sanctioned a new executive order adding a further segment of requirements to Denmark’s gambling code related to marketing requirements on gambling-related products and services. From the start of April, all Danish licensed gambling …
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The All England Lawn Tennis Club (AELTC) will hold emergency meetings next week assessing its options with regards to maintaining UK tennis’ 2020 schedule. Updating stakeholders, AELTC detailed that it is evaluating all potential scenarios, including the postponement of the Wimbledon 2020 Championships (29 June – 12 July) as a result of the ongoing COVID-19 pandemic. AELTC confirmed that it …
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