Ted Menmuir

UKGC mulls credit betting restrictions

SBC News UKGC mulls credit betting restrictions

UK gambling policy stakeholders are considering banning or severely restricting betting transactions undertaken through credit verticals, in a move to protect national gambling consumers. The UK Gambling Commission (UKGC) is reported to be considering drastic actions on limiting credit cards with a view to reducing ‘the risk that consumers will gamble more than they can afford’. “We will consider prohibiting …

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Star Power… BetHard confirms Zlatan Ibrahimović as global brand ambassador

SBC News Star Power... BetHard confirms Zlatan Ibrahimović as global brand ambassador

Malta-based online gambling operator BetHard Group has confirmed the appointment of Zlatan Ibrahimović as Brand Ambassador for its flagship BetHard.com sportsbook. Confirming the appointment of Ibrahimović, who is considered one of global football’s most recognisable stars, Erik Skarp, co-founder and CEO of Bethard Group stated that the Swedish icon would play a key role in the brand development and vision …

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Next Chapter… Sky Bet seeks to replicate UK success abroad

SBC News Next Chapter... Sky Bet seeks to replicate UK success abroad

A tech-savvy Sky Betting & Gaming (Sky Bet) dominated Monday’s industry headlines reporting stellar half-year results. Focusing on the in-house development of its platforms and systems, combined with rich data for greater personalisation of its website and mobile verticals, Sky Bet continues to show its technology pedigree against the industry’s legacy incumbents. City analysts are keeping a close eye on …

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Paddy Power prices Zuckerberg’s Facebook resignation

SBC News Paddy Power prices Zuckerberg’s Facebook resignation

Mark Zuckerberg faces his toughest period as CEO & Founder of technology and social media giant Facebook, following shocking revelations of public data breaches, by political ‘micro-targeting firm’ Cambridge Analytica. This week, Facebook undertook an ‘apology tour’ purchasing full-page advertisements in several UK and US newspapers, with Zuckerberg publicly stating  ‘We have a responsibility to protect your information, if we …

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High Court approval of GVC terms signals closing time on Ladbrokes Coral Plc

SBC News High Court approval of GVC terms signals closing time on Ladbrokes Coral Plc

The High Court of England & Wales has sanctioned the outright takeover of Ladbrokes Coral Plc by GVC Holdings, clearing the deals ‘recommended offer’ for investors. GVC governance clears another final hurdle towards securing its industry-changing takeover of Ladbrokes Coral, which this March received both its investor and UK Competition & Markets (CMA) approval. Updating stakeholders, GVC details that its …

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Per Eriksson departs NetEnt AB leadership with immediate effect

SBC News Per Eriksson departs NetEnt AB leadership with immediate effect

Stockholm-listed industry games developer NetEnt AB, has disclosed that Chief Executive Per Eriksson has departed the company with immediate effect. This morning the NetEnt board released the following statement: “NetEnt has decided that Per Eriksson is to step down as president and CEO with immediate effect. The recruitment process will be initiated immediately, and a new CEO will be presented …

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Tech & Responsibility savvy Sky Bet posts stellar interim results

SBC News Tech & Responsibility savvy Sky Bet posts stellar interim results

Independent online gambling group Sky Betting & Gaming (SB&G) has today published its interim results (26-week period 28 December 2017) reporting double-digit growth across its core metrics and product KPIs. The fast growth Leeds-based enterprise, reports period group revenues of £339 million up 47% on 2016/17: £230 million, recording a revenue split of Sky Bet £210 million (2016/17: £133 million) and …

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Marc Wood: Pay360 – Meeting 2018’s compliance demand…

SBC News Marc Wood: Pay360 - Meeting 2018's compliance demand...

As industry operators are being further pressured to improve their AML and compliance disciplines, all stakeholders face a tough balancing act in servicing betting consumers’, verification, customer services, payment and UX options.  Speaking at BOFCON2018, Marc Wood Head of Gaming at Pay360 details how industry leaders should approach 2018’s AML and Compliance conundrum _____________________ SBC: Hi Marc. In 2018, why …

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Luckbox appoints Quentin Martin as first operations lead

SBC News Luckbox appoints Quentin Martin as first operations lead

Esports betting start-up Luckbox has confirmed the appointment of its first operations lead, hiring PokerStars’ Quentin Martin as Chief Operating Officer (COO). Seeking to launch its initial proprietary esports betting platform this 2018, Martin will be the key stakeholder in developing Luckbox’s operational framework supporting the firm’s future scale. Furthermore, Luckbox management detailed that Martin would lead the firm’s recruitment …

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Kindred Group wins Belgium digital VAT repeal

kindred

Stockholm-listed Kindred Group Plc has disclosed that it has secured a favourable ruling by Belgium’s Constitutional Court relating to its repeal of VAT charges on online gambling activities. Since 2016, Kindred has fought to repeal the Belgian government’s 2016 industry amendment, which demanded that licensed online operators pay an additional 21% VAT charge for their Belgian services. Challenging the Belgian …

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