The UK Gambling Commission (UKGC) has this afternoon confirmed the licence suspension of industry platform and systems supplier EveryMatrix Ltd, enforced with immediate effect. The UKGC undertakes its decision following a review of ‘compliance activity’ examining the technology incumbent’s ‘customer interaction frameworks’. In its update, the UKGC states that it has undertaken its suspension in-line with Section 18.2 of the …
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Spanish news source eldiario.es has reported that FTSE250 gambling technology group Playtech Plc has formed a subsidiary unit within Spain’s autonomous city of Ceuta. Playtech the leading technology and systems supplier of tier-1 European gambling firms, is reported to have filed ‘Playtech Services Ceuta Sociedad Limitada’ with Ceuta’s business registry, disclosed by the city’s regulatory bulletin. As yet it remains …
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The Malta Gaming Authority (MGA) has announced that it will advance its research and resources of cryptocurrency capabilities aiding Malta’s regulatory development of online gambling incumbents. Updating stakeholders, the MGA announces that it has launched the second phase of its ‘Sandbox Framework’ initiative, exploring the capacity of authorising ‘virtual financial assets’ as a means of payment, along with further blockchain-centric …
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Seeking to boost coverage of its newly launched SBK ‘true price’ sportsbook product, Smarkets has expanded the remit of its partnership with sports marketing agency Strive Sponsorship. Smarkets has worked with Strive since September of last year, appointing the London-based agency to develop brand-led content-rich marketing campaigns across social media verticals, promoting its Smarkets flagship betting exchange product. Expanding Strive’s …
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Leading Åland Island-based operator Paf, Chief Executive Christer Fahlstedt has implemented betting’s most transparent social responsibility mandate questioning standard practices that have governed incumbents operations to date. Paf’s leadership directive hit news headlines home and abroad, however, Fahlstedt tells SBC that facing the industry’s most urgent agenda, his executive team has simply accepted its responsibility challenge head-on… ______________ SBC: Christer thanks …
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Issuing a market filing this morning, Stockholm-listed Gaming Innovation Group (GiG) has moved to replace Group Chief Executive Robin Eirik Reed with immediate effect. Updating investors, GiG governance said Reed has officially departed the firm’s executive leadership team as of 5 September and will be replaced by GIG Chief Operating Officer (COO) Richard Brown as interim CEO. The company confirmed that …
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Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has secured the lead systems supplier contract for the newly reformed ‘Milli Piyango’ – Turkey’s National Lottery. The company’s instant win catalogue and Wave retailer terminals have been selected as core systems by the winning joint venture of Italian gambling operator Gruppo Sisal and ‘Şans Dijital’ – the digital division of Turkish multi-media conglomerate …
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Seeking to bolster its all-round customer on-boarding provisions, meeting new UK Gambling Commission (UKGC) online gambling regulatory requirements, Betfred has partnered with digital ID verification solutions provider HooYu. Betfred has been utilising HooYu’s platform ID provisions since April, helping the bookmaker to improve its KYC procedures as all UK licensed incumbents are required to undertake stringent ID checks on customer …
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Announced as a major corporate development, fast-growth Smarkets has this morning confirmed that it will enter the US sports betting market in partnership with Nasdaq-listed casino group Full House Resorts. Updating the market, Smarkets leadership confirms that it has secured a long-term technology agreement to act as lead online sportsbook supplier for Full House Resorts within the states of Indiana …
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Having failed five times to sanction the sale of state-owned instant win (scratch card) operator LOTEX, the Brazilian government has drafted new tender documents and concession criteria as it re-establishes efforts to sell the state asset. Announced last week, Brazil’s Ministry of Finance has launched a new tender submission deadline, open until 17 October, with LOTEX’s official auction scheduled for …
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