A new AML package has been brought forward by the European Parliament to further boost money protection across the continent.  The package is yet to be cleared by the Council of Europe (expected to happen in May), but once it goes into effect, it will introduce a wide range of new rules around money transfers, especially regarding high-value transactions.  Various …

The fallout for Svenska Spel of its Casino Cosmopol closures has reflected on the Swedish operator’s Q1 2024 results.  Smaller net revenue and profits were felt throughout the first four months of the year, but the operator remained positive that its business remains stable – with most notable results seen in its Tur lottery division.  Tur revenue improved by six …

Tomorrow , SBC Webinars are hosting ‘Maximize your player engagement and profits with real-time streaming’ in partnership with live streaming experts, Dolby Millicast. Airing live Thursday, 25th April 2024 at 08:00 PT | 11:00 ET and 16:00 BST, Dolby Millicast is providing an expert panel to explore the wide range of benefits among the cutting edge live streaming strategies available …

The UK Tote Group (UKTG) has signed an agreement with Singapore Pools to bring their pools together.  Through the agreement, liquidity with customers of Singapore Pools betting will be combined into the UK Tote’s pools on British racing meetings to create bigger UK pools, better customer experience and improved financial return.  Simon Leong, Chief Product Officer of Singapore Pools, said: …

Kambi’s latest commercial performance report has painted a strong start to the year, with elevated commercial expectations for Euro 2024.  Net cash was at €46m compared to the €61.2m in Q1 2023. According to David Kenyon, CFO at Kambi, this balance sheet is enough to give customers assurances that Kambi “is here for the long haul”.  Kenyon also suggested the …

Xtremepush, a CRM and AI marketing solutions provider, has signed a new Brazil-facing partnership with betting platform Weebet.  The collaboration will maximise the experience for Brazilian bettors as the market continues to evolve. Álvaro Camargo, Country Manager Brazil at Xtremepush, said: “It is impossible to offer our solution to operators, in a comprehensive manner, without the support of the platforms.  …

Allwyn has teamed up with technology supplier MADIC UK to continue the modernisation of The National Lottery.  The operator took over from Camelot as a National Lottery steward in 2023, off the backdrop of a strong unaudited year performance that generated double the revenue (€7.87bn) of the previous corresponding period.  Now, the focus is on taking The National Lottery to …

Data provider LSports is now able to accept crypto and other forms of convenient payments thanks to a new partnership with crypto fintech specialist Payhound.  Onboarding Payhound’s solution will allow LSports to optimise its operational efficiency with easier management of client payment flows, while maintaining its premier position as a real-time sports data provider. A spokesperson for LSports said: “Partnering …

Kindred’s ‘Journey towards Zero’ campaign to eliminate revenue gained from at-risk players seems to have taken a step backwards in the initiative’s latest update.  The company reported “a slight increase” in revenue from players prone to gambling harm in the first quarter of 2024, reaching the 3.2% mark in gross winnings compared to Q4 2023’s 3.1%.  As a result of …

At a colloquium held in Belgium, European Lotteries (EL) underscored the importance of lotteries for Europe’s society and its ‘cultural heritage’. The conference was organised with the help of Belgium’s national lottery under the auspice of the Belgian Presidency of the Council of the EU, and hosted Her Royal Highness Princess Claire of Belgium. A key highlight from the platform …