Europe

Czech Republic revamps tax system for gambling operators

SBC News Czech Republic revamps tax system for gambling operators

The Czech Republic’s finance minister Alena Schillerová has confirmed that the country will be hiking taxes on gambling operators, set to come into effect from January 2020. Announced on Twitter, Schillerová confirmed: “The government has just approved a long-awaited Tariff package for tobacco, hard alcohol, and gambling taxation by the Ministry of Health and the National Drug Coordinator. It responds …

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BGC enforces strictest Belgium gambling advertising code

SBC News BGC enforces strictest Belgium gambling advertising code

Belgium’s government has approved a further directive of CDV Minister (Christian Democrat) Koen Geens ‘gambling protection mandate’, which sanctions the Belgium Gaming Commission (BGC) to implement a tougher advertising code on licensed gambling operators. From 1 June, advertising of online casino services and gambling products will no longer be broadcast across Belgian TV networks. The measure forms part of Koen …

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GLMS reappoints Ludovici Calvi as President

SBC News GLMS reappoints Ludovici Calvi as President

Lottomatica’s Ludovici Calvi has been reappointed as the President of the Global Lottery Monitoring System (GLMS) at the association’s most recent AGM in Antwerp. Joining Calvi, a number of other members have been elected to the Executive Committee for the upcoming 2019-2021 term. Kauhanen Sami from Veikkaus OY has been appointed, alongside EL Mechrafi Younes from MDJS as well as …

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Big on boxing MansionBet sponsors ‘Pound for Pound’ podcast

SBC News Big on boxing MansionBet sponsors 'Pound for Pound' podcast

Gibraltar online gambling group Mansion continues its support of boxing, with its flagship sportsbook property MansionBet sponsoring the ‘Pound for Pound’ podcast. Considered boxing’s ‘number 1 podcast’, Pound for Pound is hosted by actor Jake Wood and ex European Super Bantamweight Champion Spencer Oliver. Published each Wednesday, Pound for Pound features in-depth analysis of boxing fights, news, events, plus exclusive …

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Norway’s KLP fund terminates all gambling investments

SBC News Norway’s KLP fund terminates all gambling investments

Kommunal Landspensjonskasse (KLP) Norway’s €70 billion public pension fund has confirmed that it will no longer invest in gambling or alcohol-related enterprises. Business news sources have reported that KLP governance has sanctioned a complete sale of its holdings in gambling and alcohol businesses, impacting around 90 firms. Moving forward, KLP states that it will no longer invest in companies that …

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Tech focused EveryMatrix sells Jetbull B2C asset

SBC News Tech focused EveryMatrix sells Jetbull B2C asset

Industry platform and software services provider EveryMatrix has confirmed that it has agreed to sell its B2C brand Jetbull to Swedish igaming group AMGO AB for €2 million. Jetbull has served as EveryMatrix’s B2C brand since 2010, primarily servicing online sportsbook and casino provisions. Updating the market, EveryMatrix Founder & Chief Executive Ebbe Groes stated that the transaction was undertaken …

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RAIG to discuss affiliate specific regulations

SBC News RAIG to discuss affiliate specific regulations

The chair of the new Responsible Affiliates in Gambling (RAIG) trade body Clive Hawkswood is already making meetings with key stakeholders to discuss the necessity for affiliate-specific regulations, as the marketing sector looks to protect its image. In an interview with AffiliateINSIDER, Hawkswood was asked if gambling affiliates and affiliate marketing practices were misrepresented within existing UK advertising codes. “There …

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Mark Jarvis Racing forges new partnership with FSB Tech

SBC News Mark Jarvis Racing forges new partnership with FSB Tech

Sports betting platform and systems provider FSB Tech has penned a new deal with Mark Jarvis Racing which will see FSB deliver turnkey sports-betting and casino solutions. The new alliance will give Mark Jarvis access to FSB’s sports betting platform, managed trading services, casino aggregation platform with marketing support and compliance services which wil subsequently be rolled out across the …

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Paddy Power Betfair begins life as Flutter Entertainment

SBC News Paddy Power Betfair begins life as Flutter Entertainment

The governance of FTSE100 gambling group Paddy Power Betfair Plc has confirmed that it has officially sanctioned the firm’s corporate rebrand to ‘Flutter Entertainment Plc’. The Flutter Entertainment rebrand was approved outright (99%) by company shareholders at the firm’s 15 May 2019 AGM. As previously communicated, the FTSE betting group undertakes the rebrand to ‘better reflect its broader business’ within …

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