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bet365 makes its US play through Empire New York alliance

bet365

Leading European online bookmaker bet365 has forged its first US-centric sports betting partnership with Nasdaq-listed gambling group Empire Resorts Inc. Issuing a market update, bet365 enters a 20-year agreement with Empire, which will see the online betting group become lead digital and land-based sports betting services provider for the ‘Resorts World Catskills’ casino in upstate New York. At present, Resorts …

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UK Government confirms FOBTs April 2019 cut

SBC News UK Government confirms FOBTs April 2019 cut

The UK government has confirmed this afternoon that it will bring forward its planned FOBTs £2 machine wagering reduction from October to April 2019. UK Culture Secretary Jeremy Wright has announced the government’s policy U-turn on the contentious issue of FOBTs wagering which has divided government departments. The 2018 Budget announcement on 29 October, saw the UK treasury criticised for failing to …

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Premier League appoints ‘fresh face’ Susanna Dinnage as CEO

SBC News Premier League appoints 'fresh face' Susanna Dinnage as CEO

The Premier League has confirmed the appointment of Susanna Dinnage as new Chief Executive replacing incumbent Richard Scudamore who will depart the organisation at the end of the year, ending his 19-year leadership tenure. A leading media and entertainment executive, Dinnage is the current President of Discovery Networks UK & Ireland (2016-2018), leading operations and commercial planning for the American …

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Vera&John delivers for JPJ against a tougher UK backdrop

SBC News Vera&John delivers for JPJ against a tougher UK backdrop

The governance of London-listed online gambling firm JPJ Group Plc signs off on its latest Q3 2018 trading update (period ending 30 September), confident of delivering on its full-year 2018 corporate expectations. Reporting increased customer activity across its overall portfolio, while maintaining a higher gaming revenue per customer of £99 (10% increase), JPJ records Q3 revenues of £78 million- up …

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Codere eyes Malta expansion for tax relief

SBC News Codere eyes Malta expansion for tax relief

Embattled Spanish gambling group Codere SA is reported to be reviewing its financial structures, seeking to increase its operating presence within Malta, as corporate governance moves to lessen the firm’s fiscal liabilities. The Bolsa-Madrid enterprise seeks to replicate the operating structure of many European gambling counterparts, maintaining its management headquarters in Madrid, whilst migrating certain operational departments to Malta. At …

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Fast growth Rightlander recruits Andy Parsons as Sales Director

SBC News Fast growth Rightlander recruits Andy Parsons as Sales Director

Following a period of significant growth, affiliate compliance and campaign due-diligence software provider Rightlander has confirmed the appointment of Andy Parsons as its first Sales Director. A seasoned IT commercial executive, Parsons has formerly served as an advisor to Rightlander since the company’s launch and now joins the enterprise on a full-time capacity. Updating the market, Ian Sims, Founder of Rightlander, …

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Rank trials Immotion immersive VR at Grosvenor Casino Manchester

SBC News Rank trials Immotion immersive VR at Grosvenor Casino Manchester

UK legacy gambling operator Rank Group Plc is set to trial the immersive virtual reality technology of Immotion Group Ltd, seeking to deliver one-of-kind experiences to its UK venue customers. Agreeing terms on a revenue share deal, Rank will initially trial an Immotion VR pod within its Grosvenor Casino Manchester property showcasing Immotion’s ‘VR Racing Challenge’ simulator game. Should the …

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UKGC hits Stride Gaming with £7m fine for consistent AML & SR failures

SBC News UKGC hits Stride Gaming with £7m fine for consistent AML & SR failures

Daub Alderney an online gambling subsidiary of London AIM-listed Stride Gaming Plc, has been fined £7.1 million for failing to meet UK Gambling Commission (UKGC) rules and standards on money laundering and protection of vulnerable customers. Concluding an investigation under the mandate of the ‘2015 Gambling Act’, a UKGC review panel found that Daub had consistently failed to: Conduct appropriate monitoring …

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Codere crushed by Argentine Peso collapse losses

SBC News Codere crushed by Argentine Peso collapse losses

Bolsa Madrid-listed gambling operator Grupo Codere SA cannot escape the Argentine Peso collapse as the company records continued declines across its 2018 corporate metrics and KPIs. The reality of 100% Argentine Peso decline against the Euro, has seen Codere undertake a number of adjustments within its biggest operating market. Publishing its Q3 2018 trading update, Codere reports a group net …

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Swedish regulator shows new make-up for revamped marketplace

SBC News Swedish regulator shows new make-up for revamped marketplace

Swedish gambling authority, Lotteriinspektionen has provided a public briefing detailing the internal and external changes the organisation will undertake to service Sweden’s full ‘Gambling Act’ re-regulation in-bound for the start of 2019. Last week, Lotteriinspektionen Legal and Integrity policy advisor Katarina Abrahamsson presented a guidance on regulations, guidelines, transition and accreditation processes that will impact all Swedish gambling stakeholders. Preparing …

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