Europe

Nektan hails 2018 as a “key milestone” as it breaks even

SBC News Nektan hails 2018 as a "key milestone" as it breaks even

London-listed gaming technology specialist Nektan has reached a major milestone in its move to break-even as announced in its unaudited interim results for the six months ending 31 December 2018. The group announced back in January that it was on-course to breaking even in 2019, having reported  record KPI growth, new commercial partnerships and progress on its US market foundations. …

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En Marche faces rocky road in pursuit of FDJ sale

SBC News En Marche faces rocky road in pursuit of FDJ sale

France’s Senate has revealed that it will review the proposed sale of state-owned assets Française des Jeux (FDJ) and Aéroports de Paris (ADP) this April. The decision follows the approved passage of the ‘PACTE Loi’ mandate, which seeks to implement the En Marche government’s headline ‘Enterprise and Innovation’ programme, which will move to privatise a number of French public firms and …

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Malta MGA opens consultation on developing a ‘Unified Self-Exclusion System’

SBC News Malta MGA opens consultation on developing a ‘Unified Self-Exclusion System'

Updating the market, the Malta Gaming Authority (MGA) has published it’s ‘Preliminary Market Consultation – PMC’ document requesting information and guidance on the planned development and launch of its ‘Unified Self-Exclusion System’. A key project initiative for the MGA and its government stakeholders, the gaming authority seeks to deliver the most comprehensive self-exclusion system to be utilised by all licensed …

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MansionBet backs British Talent as main sponsor of Ultimate Boxxer

SBC News MansionBet backs British Talent as main sponsor of Ultimate Boxxer

Continuing to support the UK boxing scene, Gibraltar-based online bookmaker MansionBet has confirmed that it has become the headline partner of the ‘Ultimate Boxxer’ series. The Ultimate Boxxer 2019, will host its first event on 10 May at the O2 Indigo in London, followed up by its second contest scheduled for 28 June in Manchester. The Ultimate Boxxer series sees …

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SG Digital passes Cheltenham Festival test with flying colours

Cheltenham - Copyright: argus456 / 123RF Stock Photo

SG Digital, the interactive division of Scientific Games, has published its trading data from last week’s 2019 Cheltenham Festival (12-15 March) detailing that its OpenBet sportsbook platforms processed a combined 48 million bets during the event. Servicing the industry’s largest portfolio of tier-1 sportsbook clients during the flagship week of UK racing, SG Digital states that its OpenBet systems maintained a …

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Bundesrat moves forward on complex German licensing framework

SBC News Bundesrat moves forward on complex German licensing framework

Germany’s sixteen federal states have approved the mandate of the ‘third amended Interstate Treaty on Gambling’, paving the way for a new national licensing regime to be implemented. Agreeing on Bundesrat (Federal Council) directives, the northern state of Schleswig-Holstein will be allowed to continue it’s operating its state-sanctioned online gambling regulatory regime allowing a number of licensed incumbents to continue …

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Dutch KSA appoints ‘Security Pro’ Ronald Prins to lead advisory

SBC News Dutch KSA appoints 'Security Pro' Ronald Prins to lead advisory

Kansspelautoriteit (KSA) the gambling regulatory authority for the Netherlands has confirmed the appointment of Ronald Prins as new Chairman of the KSA Advisory Board, succeeding incumbent Arthur Docters van Leeuwen. Established in 2014, the KSA Advisory Board assists the regulatory authority and wider stakeholders with advice and guidance on a number of disciplines, ranging from policy making, gambling standards, public …

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Irish Dáil confirms new gambling authority for revamped market

SBC News Irish Dáil confirms new gambling authority for revamped market

A key week for Irish gambling sees the Dáil confirm that a new gambling regulatory authority will be formed, tasked with monitoring and regulating all components of Irish online and retail gambling/betting. The new authority will act as an independent body reporting to Ireland’s Department of Justice, in which Its formation forms the key directive of a report submitted by …

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CIRSA states its intent on dominating ‘All Spanish Markets’ under Blackstone

SBC News CIRSA states its intent on dominating 'All Spanish Markets' under Blackstone

Publishing its private accounts, Spanish gambling firm Grupo CIRSA has detailed solid corporate progress and growth, completing its first year under the ownership of US multi-national private equity firm Blackstone. The Spanish legacy gambling group records 2018 group revenues of €1.4 billion, combined with operating profits of €368 million, up 5% on its 2017 performance. Issuing a corporate statement, Joaquim …

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