The European Gaming and Betting Association (EGBA) has urged the European Commission to develop a new regulatory framework which will both clarify and standardise gambling laws across Europe. Disclosed as part of an open letter to the European Commission, EGBA secretary general Maarten Haijer explained that he felt ‘the cross-border online betting world is hamstrung by a patchwork of national …
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Spain’s DGOJ has approved a number of new provisions to its gambling code, enforcing new measures banning licensed operators from offering betting markets on under-18 sanctioned sporting events. Updating the market, the DGOJ states that it wants to form a ‘clear distinction’ between wagering categories, focused on protecting the integrity of sports where the majority of participants are considered minors. …
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Motherwell of the Scottish Premier League, have joined Huddersfield Town in becoming the second professional football team to join Paddy Power’s Save Our Shirt campaign. Unlike with ‘The Terriers’, no hoax kit was released prior to the official launch, with the news of the sponsorship receiving no media attention until now. A spokesman for Paddy Power announced the partnership: “Motherwell …
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Opening the week, industry strategic consultancy Regulus Partners provides an Irish overview, assessing whether the government can reform its newly sanctioned betting tax scheme by forming a level playing field for its incumbents. ________________ The Irish government is reportedly considering changes to its betting duty regime in light of the evidence of the first six months of doubling the rate …
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Ending his 17-year tenure at Sky Betting & Gaming (Sky Bet), industry figurehead Richard Flint has called for betting and racing leaders to work in partnership, tackling an ‘existential threat’ facing all betting stakeholders. Speaking to the Racing Post, Richard Flint the former Executive Chairman of Sky Bet, warned UK racing leaders not to be complacent in believing that their …
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Scotbet one of the few remaining independent bookmakers operating in Scotland has detailed that it is fighting for its survival, having been placed into receivership last Friday. The struggling bookmaker blames the UK government’s £2 FOBTs stake reduction, detailing its enforcement as ‘the straw which broke the camel’s back’. Restructuring its operations, Scotbet management has been forced to close 11 …
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Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for Q2 2019 trading. Publishing its H1 2019 interim update, Stockholm-listed Betsson AB reports a tough Q2 April-to-June trading period, in which group revenues declined 5% to SEK 1.27 billion (Q2 2018: SEK 1.3bn). Betsson governance details a ‘period of operational adjustments’, in …
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The Irish Cabinet has called for the greyhound industry to boost its welfare spending after the sector was rocked by recent controversies alluding to animal cruelty. During the weekly cabinet meeting, the Government outlined new plans to ensure that the sector increases its spending on welfare initiatives and traceability, with suggestions made that the sector should be spending at least …
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Paddy Power have announced it’s controversial ‘sash’ style Huddersfield Town kit was just a hoax, releasing the real kits alongside a campaign aimed at shirt sponsors. The campaign, titled ‘Save Our Shirt’, is calling on brands, including fellow bookmakers, to stop sponsoring football shirts. The intention of the hoax jersey was to shine a light on the issues around shirt …
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Last May, Stockholm-listed Better Collective A/S moved to significantly advance its US profile by acquiring US legacy betting publisher the RotoGrinders network for $21 million. Branded as a transformative deal for Better Collective’s organisation and growth strategy, Chief Executive & Co-Founder Jesper Søgaard details to SBC why his firm is ready to gamble on the US betting market’s undefined agenda …
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