European industry platform and technology provider BetConstruct has announced that it has released its front-end source codes as an open source function, in a move to give its customer base more flexibility and agility over their products. BetConstruct’s management and development teams believe that the decision to open front-end source codes will allow for the supplier and its partners to …

UK National Lottery operator Camelot Group has informed the media that Chief Executive Andy Duncan has resigned as leader of the company. The resignation of Duncan as Group CEO, will see Nigel Railton leader of Camelot’s international business division ‘Camelot Global’ act as interim Chief Executive whilst the board of governance considers its best options for corporate leadership. Camelot informed …

Updating the market, international betting integrity body ESSA reported 27 cases of suspicious betting to the relevant authorities during the first quarter (Q1) of 2017. The sport of tennis accounted for 45% of those alerts with 12 cases; the sport has now had the highest number of alerts in the last nine consecutive quarters. The remaining 55% of cases were split …

The UK government will not introduce a tax on industry ‘free plays’ and customer bonus incentives, as Parliament shuts down and prepares for the 8 June General Election. Last December, HMRC introduced new provisions accounting for duties on customer free plays issued by operators which would be attached to the 2017 Finance Bill. Updating industry stakeholders, the government has chosen …

Publishing its Q1 2017 interim results (unaudited period ending 31 March), Stockholm-listed European online gambling group Betsson AB has reported that its period earnings and profit results have been impacted by negative currency fluctuations, increased market taxes and player friendly results recorded by its sports betting division. Updating investors, Betsson would report a 10% increase in group revenues to SEK …

Updating the market, FTSE-listed Playtech Plc has confirmed that its new subsidiary sports betting division Playtech BGT Sports (PBS) has finalised the restructure of its senior management team following the division’s acquisition of leading betting technology firm  BGT last year As previously announced, heading up the team as PBS Chief Executive will be Dr. Armin Sageder, who led BGT to …

Presenting Q1 2017 results, Kindred Group CEO Henrik Tjärnström has stated his firm will move to become a UK market player following the acquisition of 32 Red Plc for £175 million (deal announced February 2017). Kindred’s leader was pleased to have secured his firm’s thirteenth online gambling brand, adding a further renowned asset to Kindred’s regulated market portfolio. Tjärnström told …

Gibraltar-based online lottery operator Lottoland has claimed the 128th place in The Financial Times ‘fastest growing European companies index’. The Financial Times’ index ranks the European enterprises with the highest percentage growth between the periods of 2012-2015.   Lottoland which allows its customers to wager on multiple international lotteries such as the US ‘Powerball’ or Spain’s ‘El Gordo’, acts as …