Hosting its third ‘International Forum on Sports Integrity’ (IFSI), governance of the International Olympic Committee (IOC) has launched a series of new cooperative measures strengthening global sports integrity. The IOC’s integrity forum sees more than 100 diverse stakeholders, representing all functions of sports, cooperate and share knowledge in strengthening integrity disciplines. Gearing up for the Tokyo 2020 Olympic Games, the …
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The Italian government has issued further insight on its new fiscal decree order, which will be enforced upon all licensed gambling incumbents. Sanctioned on 16 October, the fiscal decree has been attached to the 5Star-DP coalition government’s first Budget Law mandate. It aims to provide Italy’s Customs & Monopolies agency ADM with the strictest controls to monitor gambling operators and …
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Racecourse Media Group (RMG) has extended its contract with the Meydan Group to provide production and distribution of the next two full horseracing seasons at the course for a further two years. The season is now underway and culminates with the prestigious $35 million Dubai World Cup card on 28 March 2020 – recognised as the most international and valuable day’s racing. Timeline Television will …
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The Greek government has settled on amendments to finally approve the passage of its revamped gambling bill, launching the country’s first regulated online gambling framework. First sanctioned in September 2018 with the aim of overhauling Greek gambling’s licensing regime and industry-wide regulations, final provisions of the new gambling bill have been approved by the European Commission (EC) and Greece’s House …
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La Liga football club CA Osasuna is being pressured to end its relationship with shirt sponsor KirolBet. At the Pamplona club’s ‘public assembly’, Osasuna’s membership passed the decree that the club should terminate all agreements with ‘compromising partners’. The assembly saw numerous members speak out against KirolBet as shirt sponsor, stating that Navarra’s biggest football team should not be sponsored …
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London AIM-listed mobile gaming group Nektan Plc has confirmed that it has secured £2.6 million in working capital, having agreed subscription terms on a new share placement. Issuing its latest market-filing, Nektan governance reveals that ‘certain investors’ have agreed to back the firm’s subscription agreement, set at 52 million new shares priced at 5p per share. In its transaction note, …
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Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has announced a further major contract renewal, as Canada’s British Columbia Lottery Corporation (BCLC) expands its lead services agreement for a further five years through to 2024. Expanding its existing remit, Scientific Games’ subsidiary SG Digital will act as lead online sports betting and igaming systems provider for BCLC domains, covering all core …
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As US betting approaches the final straight of its first full year in operations, SBC Americas’ Editor Chris Murphy details that coast-to-coast all critical stakeholders appear to be playing their part in progressing US betting’s agenda – ‘No drama, just business’ the US really is a new territory for gambling… ___________________ With G2E deals still fresh on the order pad …
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Valencia becomes the latest Spanish autonomous region to update its laws governing gambling establishments operating within its municipality. Concluding its plenary session, Valencia’s municipal government ‘Generalitat Valenciana‘ confirmed that it had given approval to drafting the ‘Ley del Juego’ bill, moving to establish measures preventing minors from accessing gambling halls and implementing further support programs tackling problem gambling. In its …
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Tabcorp Holdings governance has survived a bruising annual general meeting (AGM), in which the firm’s corporate governance and executive leadership were questioned by frustrated investors of the ASX-listed gambling group. AGM voting saw 35% of Tabcorp shareholders oppose the re-election of Paula Dwyer as corporate chairman, extending her tenure for a further two-years. Further investor upheaval saw 37% of Tabcorp …
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