Speaking to the Lotteries Council on Thursday 19 April, Marc Etches, the Chief Executive of industry charity GambleAware, has called for UK lottery stakeholders and Camelot operator of the National Lottery to increase their donations for problem gambling prevention, research and treatment. Etches comments come a few weeks following the UK’s Public Accounts Committee’s publishing of its report into the ‘Future …

The Stars Group Inc has moved to restructure its corporate debt facilities, alongside its future operational structure to accommodate its agreed $4.7 billion (€3.9 billion) acquisition of Sky Betting & Gaming (SB&G). Detailing further insight of its industry-changing acquisition, Stars Group governance is set to pay ‘$3.6 billion cash’ to CVC Capital and Sky Plc for SB&G’s entire asset portfolio. …

Expanding its social responsibility and safer gambling initiatives, Kindred Group Plc has confirmed the promotion of Maris Bonello to the newly created role of Head of Player Sustainability, Research & Integrity. Bonello the former Integrity Analytics lead for Unibet, will head up a data team working alongside Kindred’s legal and compliance teams, focusing on group-wide player-to-product sustainability standards. Furthermore, the …

Toronto TSX-listed The Stars Group Inc continues its M&A drive, confirming this morning that it has reached an agreement with private equity firm CVC Capital Partners and Sky Plc to acquire Sky Betting & Gaming (SB&G) outright. Seeking to create the world’s ‘most valuable, listed online gambling enterprise’, the Stars Group governance has put forward a ‘cash and stock transaction valued …

Stockholm-listed online gambling group Betsson AB continues its executive management team restructure confirming the appointment of Peter Zäll as new Chief Strategy Officer (CSO). Zäll joins Betsson’s executive team from Swedish state-owned gambling operator Svenska Spel, where he served as Group VP of Product & Marketing (2012-2017). Updating the media, Betsson governance confirmed that Zäll’s appointment would initially prioritise the …

US news sources have reported that the NBA (basketball) and MLB (baseball) leagues will move to divest their respective stakes in daily fantasy sports (DFS) operators’ DraftKings and FanDuel. In 2015 the MLB had participated in a $300 million investment round, backing DraftKings enterprise as official ‘MLB Fantasy Sports Partner’. The NBA acquired its stake in FanDuel, supporting the DFS …

Stockholm-listed, betting platform and software provider Kambi Group Plc, has expanded its presence within the regulated Romanian gambling market in partnership with Stanleybet. Updating the market, Kambi leadership confirms that it has secured the lead omni-channel platform supplier agreement for Stanleybet Romania’s digital and retail properties. The agreement follows an extensive tender process undertaken by StanleyBet governance, seeking a sportsbook platform …

Industry technology and platform provider Betgenius (Genius Sports subsidiary) has confirmed the appointment of Alonso Jibaja as its strategic Head of Business Development for the Latin America (LATAM) region. Jibaja joins Betgenius’ commercial management team from BetConstruct, where he most recently served as Regional Director for South America. Matt Stephenson, Managing Director at Betgenius, commented on the appointment of Jibaja …

The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …

The Racing Post has moved to expand its B2B division, confirming five new managerial appointments maintaining the fast-growth of its industry commercial services. Updating the market, the Racing Post has appointed former beIN Sports’ head of product distribution, John Matthews as its new Head of Digital B2B services. The firm’s B2B division which operates multi-media, content and data solutions for …