Ted Menmuir

Blexr acquires ThePogg to revitalise ADR space

SBC News Blexr acquires ThePogg to revitalise ADR space

iGaming media publisher, Blexr has announced that it has acquired heritage online gambling review portal ThePogg for ‘a six-figure sum’. The deal will see the Malta-and-Barcelona-based publisher acquire ThePogg’s digital IPs and Alternative Dispute Resolution (ADR) service to help diversify its online portfolio and B2B offering. Founded in 2011 by affiliate marketing expert Duncan Garvie, ThePogg.com is recognised as one …

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STS maintains Polish growth amid business reorganisation 

SBC News STS maintains Polish growth amid business reorganisation 

STS Group has reported on a consecutive record-breaking quarter performance, benefitting from continued growth in its home market of Poland. Opening its 2023 accounts, STS cites that Polish growth has helped its business overcome recent market exits in the UK and Estonia, announced during the close of 2022. Q1 trading saw the Warsaw SE-listed betting group achieve wagering results of …

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Albania proposes AML stringent law to end gambling prohibition

SBC News Albania proposes AML stringent law to end gambling prohibition

Albania is making progress on ending its five-year prohibition on sports betting and gambling as a ‘draft law’ is placed under review by the government of the Balkans nation.  Since 2018, Albania has outlawed gambling except within state-sanctioned casinos. However, at the close of 2022, Prime Minister Edi Rama announced that the prohibition would be lifted as its measures had …

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Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

SBC News Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

Intralot SPA has cited a return to a ‘better operational efficiency’ as the Athens-listed gambling technology group delivers improved EBITDA results despite registering a decline  in headline revenues.     Publishing full-year 2022 results, Intralot registered group revenues of €392m, reflecting a 5.1% decrease compared to FY2021 results of €414m. The decline in headline revenues was primarily attributed to the license expiration …

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Spelinspektionen bolsters 2023 budget to tackle black market threats

SBC News Spelinspektionen bolsters 2023 budget to tackle black market threats

Spelinspektionen, Sweden’s Gambling Inspectorate, has welcomed the news that it will receive extra funding towards combating illegal gambling activities.  Authorised by the Riksdag, the Inspectorate will receive a further SEK 2.4m (€200,000) to its 2023 budget, allocated towards safeguarding Sweden’s regulated online gambling marketplace. The Inspectorate had requested additional funds to bolster resources, in a year in which it “handle …

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GamCare joins NGSN to widen harm prevention access

Anna Hemmings, GamCare

GamCare has announced that it has ‘secured funding for three years’ as a key organisation in support of GambleAware’s National Gambling Support Network (NGSN).   The network, which formerly operated as the National Gambling Treatment Service (NGTS), is made up of a diverse group of treatment providers across the third sector, focused on early intervention of harms and adopting a …

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India amends Tech Rules to identify real money games

SBC News India amends Tech Rules to identify real money games

New amendments to identify gambling products/services have been added to India’s ‘Information Technology Rules of 2021’.  The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules of 2021 are standards and requirements introduced by the Indian government in February 2021 to regulate online content and platforms, including social media intermediaries, messaging services, and digital media publishers. The rules are …

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Lula & Haddad eye 15% GGR tax on Brazil sports betting regime

SBC News Lula & Haddad eye 15% GGR tax on Brazil sports betting regime

A draft proposal co-signed by Brazil President Lula da Silva and Finance Minister Fernando Haddad has recommended that  a 15% gross gaming revenue (GGR) tax be applied to sports betting activities.  News of the proposal submitted to the Attorney General’s National Treasury Office (PGFN) was reported during the Easter break by Brazilian business news source Poder360. As reported, Lula and …

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CBF seeks 4% betting fee for Brazilian football rights

Brazil

CBF, the Football Confederation of Brazil, has demanded that the government guarantee a larger % share of revenues generated from a federally sanctioned sports betting regime.  The CBF has issued its formal proposal that a ‘betting regime guarantee 4% share of gross revenues to be distributed across its football leagues’. As such, the governing body of pro-football in Brazil seeks …

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