Australia ASX-listed gambling group Tabcorp Holdings Plc has posted an underwhelming corporate performance, publishing its half-year 2019 trading results (six-month period ending 31 December 2019). Despite recording a 4% increase in corporate revenues to AUS 2.9 billion, Tabcorp results detailed a number of concerns for investors as it delivered a further quarter trading performance below market expectations. Tabcorp’s group performance …

Alberto Garzón, Spain’s newly appointed Minister of Consumer Affairs, has revealed that Royal Decree reforms will be formally announced on Friday 28 February. Garzón made his statement addressing civil servants of Spain’s DGOJ gambling regulatory authority at a meeting hosted by the Consumer Affairs Ministry. The long-awaited reforms for Spain’s advertising code on gambling products are to be presented to …

Portugal’s Comissao de Jogos do Turismo (SRJI) has granted Betway a licence to operate B2C online casino and betting services. The government agency which leads licencing initiatives for Portugal’s gambling marketplace, sanctioned by the nation’s Tourism Board has granted online gambling rights to Betway’s Malta operating subsidiary GM Gaming Ltd. Portugal becomes Betway’s ninth European regulated marketplace, in which the …

Flutter Entertainment Plc has received regulatory approval from the Australian Competition and Consumer Commission (ACCC) for its proposed merger with The Stars Group Inc.    The Australian competition clearance means Flutter has cleared a significant hurdle in its pursuit of a merger with The Stars Group, which it hopes to push through by Q3 2020. The ACCC had been forced to …

In part two of Betgenius’ Euro 2020 optimisation series , James McKiernan, Commercial Director for Europe, explains why same-game multiples will once again be a hugely popular product and how operators can set their offering apart… _____________ Same-game accumulators and request-a-bet (RAB) products were one of the biggest success stories of the 2018 FIFA World Cup. Allowing punters to bet …

UK racetrack operator Arena Racing Company (ARC) has moved to expand its corporate leadership team by confirming the appointments of Bradley Hunt as Chief Finance Officer (CFO) and Alex Slade as General Counsel. Both executives will serve in new roles within a restructured company, forming part of the new ARC senior management team A seasoned financial lead within the Entertainment …

José Antonio Ortiz Báez, President of Conajzar Paraguay’s ‘National Gambling Commission’, has disclosed that four companies are vying to become the new operating company of the ‘Paraguay Quiniela’ (National Lottery). Ortiz Báez disclosed that tender competition documents had been accepted by national competitors Paraguay TDP, Consorcio B Gaming and Daruma SA, joined by ‘IGT Foreign Holdings’ as the only international …

Closing Monday 17 February trading, online betting exchange Matchbook has been forced to suspend its entire UK betting and casino services. The Dundalk-based operator issued a statement to customers detailing that the UK Gambling Commission (UKGC) had sanctioned a temporary licence suspension on its operating company Triplebet Limited. “As a result, from 23.59 on 17 February 2020 we will be …