Members of the European Lotteries trade organisation have invited their counterparts in the US to their panels at Betting on Sports America to discuss their experience of the synergies between the traditional lottery product and sports betting. The Joint Working Group is set to attract a number of the state lotteries and will be held during the Betting on Sports …
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Multi-currency sportsbook Sportsbet.io, has added to its current offering of payment capabilities by integrating Litecoin into its platform. In addition to being able to pay using other cryptocurrencies such as Bitcoin, Ethereum, and SOC coin,customers will also now have the opportunity to deposit, play, win, and withdraw in Litecoin. Joe McCallum, Director of Sportsbook at Sportsbet.io, commented: “This is just …
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Kindred Group-subsidiary 32Red has committed itself to reinventing the current football sponsorship model by making a major investment into a new men’s mental health programme. The initiative will see the online gambling platform – which currently sponsors five Championship clubs and Rangers in the Scottish Premiership – invest heavily into the development of Team Talk hubs across the city where …
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The UK Gambling Commission (UKGC) has released a number of ‘top tips’ for operators to ensure that bets are being settled in accordance with the regulator’s social responsibility code provision 4.2.6. The advice comes after the UKGC has been made aware of operators breaching the licence conditions and codes of practice, examples of which have included “using a new settlement …
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Danish gambling regulatory agency, Spillemyndigheden, has warned those with an online gambling licence to be clear about the use of terms such as “free” in bonus offer advertisements. According to the industry regulator, the use of the word “free” in gambling advertisements can be misleading to the customer, especially if the offer involves a turnover requirement. Spillemyndigheden has outlined that …
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The Irish Independent has this weekend reported that the Dáil Éireann will move to present a two-tiered betting tax plan to the European Commission for EU-wide regulatory approval. Following extensive industry consultations, the Irish government is reported to be dropping its formerly approved ‘2% turnover betting tax’, moving towards a more favourable dual tax system differentiating between retail and digital …
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Conservative MP Richard Graham has called upon the Government to implement a new gambling levy which he hopes would “speed up work on both prevention and cure.” Ahead of the release of the UK Gambling Commission’s (UKGC) National Strategy to Reduce Gambling Harms, Graham has urged the Government to report on whether or not a new levy would be possible. …
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California-based technology fund Vista Equity Partners has this afternoon confirmed that it has acquired DAZN Group sports data and content subsidiary Perform for an undisclosed fee. As anticipated, Vista Equity confirms that it will absorb Perform assets within its US-centric sports data platform STATS, developing a new global powerhouse in sports analysis, data and content provisions. Confirming the transaction, Robert F. …
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Guided by the SMP eGaming licensing team, BetConstruct has become one of the first software developers to be granted a new Software Supplier Licence from the Isle of Man Gambling Supervision Commission (GSC). Upon securing the Software Suppliers licence, BetConstruct will have its gaming and betting solutions added to the British Crown Dependency’s GSC game register. As a result, the …
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We spoke to Marco Castaldo, who explained why uncertainty in the US path from early regulation to profitable business has dictated caution for Italy-focused gaming services provider Microgame, and what he perceives as a “fixation” on platform features, while speculating as to whether leading European operators – particularly those who drive innovation in-house – will move ahead of those who rely …
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