In life, there are the certain outcomes of death and taxes, whilst for sportsbooks, there are media rights disputes and data fees. The rising costs of operating an online sportsbook have divided opinions across the sector regarding the necessity of exclusive media rights packages and the compounding expenses of data fees. At the SBC Summit Barcelona, a panel of sportsbook …
Read More »Ted Menmuir
888 posts Q3 revenue slump hit by UK affairs
888 Holdings has notified investors that its KPI performance remains consistent with corporate expectations, as the LSE gambling group reported a 10% decline in Q3 revenues to £405m (Q3 2022: £450m). As anticipated by the firm’s September update, Q3 trading saw group performance dragged by ongoing safer gambling compliance changes and a refined marketing approach, impacting the performance of its …
Read More »Andrew Rhodes: Bold ideas needed to combat ‘shared threat’ of illegal gambling
Andrew Rhodes, Chief Executive of the UK Gambling Commission (UKGC), has stated that combating illegal gambling should be an arena of collaboration and forming best practices for all regulatory counterparts. The statement was made by Rhodes as the keynote speaker of this year’s International Association of Gambling Regulators (IAGR) Conference (16 October, Gaborone, Botswana). Opening his address, Rhodes cited: “The …
Read More »BetComply appoints Daniel Brookes as Interim CEO
BetComply has announced the immediate appointment of Daniel Brookes as Interim CEO of the igaming multi-jurisdiction compliance advisory. An expert in business compliance for igaming firms, Brookes joins BetComply from online security and ID solutions provider Rdentify, where he served as CEO since 2019. Brookes is the former Chief Operations Officer (COO) of online gambling platform and solutions supplier Betable …
Read More »GamCare calls on rethink of softer gambling machine rules
GamCare has urged the government to reconsider its proposed policy on changes related to Electronic Gambling Machines (EGMs) within land-based gambling venues. The treatment support charity indicates that its ‘lived experience community’ is concerned that relaxing EGM regulations might allow the public to engage with high-risk games in land-based venues, increasing the potential of harm. As outlined in the Gambling …
Read More »BOS backs new credit protections for Swedish consumers
Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association , has endorsed proposals to strengthen consumer credit protections and new safety protocols regarding risky lending and over-indebtedness as proposed by Ministry of Justice. The planned changes include tightening rules around consumers being offered and given credit that they do not have the financial means to repay, in addition to establishing a debt …
Read More »Mansion Group shuts down all B2C brands
Mansion Group has notified affiliates and media partners that it has closed all B2C operations of its flagship brands Casino.com and MansionCasino.com. This weekend, affiliates were sent a communication detailing: “After careful consideration and evaluation of our business operations, we have made the difficult decision to close B2C operations of our gaming brands, Casino.com and MansionCasino.com.” “We regret to inform …
Read More »Dutch CDA seeks cross-party support to kill KOA Act
The failings of the Netherlands’ Remote Gambling Act (KOA Act) have been questioned once more, as Dutch parties’ campaign for the General Election on 22 November. As announced by the Christian Democratic Appeal (CDA), the party will endorse a ‘private members bill’ to terminate the existence of the KOA Act. The CDA, which opposed the legalisation of Dutch online gambling …
Read More »Tombola embarks on structural reorganisation of bingo business
The management of Tombola, will proceed with a reorganisation as part of an ‘extensive operational review’ of the UK’s largest online bingo business. The staff of Tombola were informed last week of the decision, which as reported by the Financial Times, could impact up to 250 jobs – “according to people briefed on the plans.” Meetings for affected staff have …
Read More »ANFP ends Betsson principal sponsorship of Chilean football
Chile’s National Association of Professional Football (ANFP) has abandoned its principal partnership with Betsson AB. which will no longer serve as title sponsor of the Campeonato Nacional. Yesterday, ANFP informed national media of the conclusion of Betsson’s contract as principal sponsor of Chilean football, effective from 15 October. Agreed in 2022 for a reported $8m, the deal has seen Betsson …
Read More »