Stockholm-listed LeoVegas AB confirms that it has undertaken a restructuring of its marketing division, seeking to strengthen its internal operations and leadership. Following July’s promotion of Louise Nylén, to the position of Deputy CEO, LeoVegas governance has moved to split the executive’s former Chief Marketing Officer (CMO) responsibilities. Updating stakeholders, LeoVegas has placed Petra Blixt as one of two Marketing …
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Nektan secures ‘game changing’ BetVictor platform partnership
London-AIM listed Nektan Plc announces one of its biggest partnerships to date, securing BetVictor as a new B2B client. Updating the market, Nektan has integrated its ‘E-lite Casino Platform’ within BetVictor’s digital framework, expanding the Gibraltar based operator’s gaming content across its verticals. Nektan secures the partnership through its operations and licensing partner Tyche Digital Malta, who will supply platform …
Read More »EPIC Risk Management: Uniting the industry for harm minimisation
EPIC Risk Management is the UK’s leading independent gambling harm minimisation consultancy, placing its key focus on the highest prevalent sectors. EPIC identifies and reduces the brand, reputational, financial and human risks caused by gambling in the workplace. The firm’s Business Development Manager Mark Potter spoke to SBC about EPIC’s calculated strategy when it comes to increasing education around problem …
Read More »Paddy Power Betfair issued £2.2m penalty package
Paddy Power Betfair has been fined £2.2m after an investigation by the Gambling Commission found that the UK operator was guilty of various social responsibility shortcomings. The UKGC investigation brought to light that the firm had failed to intervene when a bettor played with large sums of stolen charity money on its site, as well as falling short when it …
Read More »CAP and BCAP issue ‘understanding normalisation’ guidelines
The UK Committee of Advertising Practice (CAP) and the Broadcast Committee of Advertising Practice (BCAP) have joined forces, with an aim of clarifying practices that could potentially fall under the banner of normalisation. A frequent occupant of published documentation on industry advertising matters, the document aims to offer a clear differentiation between the promotion of gambling as a legitimately and …
Read More »UKGC fines independent bookmaker Mark Jarvis £94,000 for interaction failures
The UK Gambling Commission (UKGC) has fined independent bookmaker Mark Jarvis £94,000 for failing to interact with a customer that displayed problem-gambling traits. Reporting over a period of 19-months, the UKGC details that Leicester highstreet bookmaker Mark Jarvis failed to follow adequate social responsibility procedures, relating to a customer who spent £34,000 on its B2 gaming machines. In its report, …
Read More »Paddy Power Betfair sets up ‘Alpha Hub’ Romania accelerator to tackle responsible gambling dynamics
FTSE100 betting group Paddy Power Betfair Plc (PPB) has announced the launch of its Cluj Romania ‘Alpha Hub’ accelerator program, focusing on enhancing the industry’s responsible gambling and sustainability dynamics. The accelerator programme sees PPB partner with Romanian technology enterprise groups’ Techsylvania and Risky Business Romania to open its initiative to the top development and engineering talent. For a number of …
Read More »Winning Post – Assessing tax hikes in Ireland
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Ireland: betting duty – they never had it so good…. On Tuesday the Irish government announced a doubling of betting duty to 2% of turnover in its 2019 Budget (with exchange duty …
Read More »Gala Leisure completes £40m rebrand to Buzz Bingo targeting new audiences
Legacy UK bingo operator Gala Leisure has announced that it has completed its full £40 million makeover to ‘Buzz Bingo’. Gala Leisure, the former bingo subsidiary of Gala Coral, which was sold to private equity firm Caledonia Investments in December 2015 for £240 million, will now operate its 103 UK clubs under the Buzz Bingo domain. Furthermore, this week sees …
Read More »Ireland’s tax double sees Boylesports warn staff of job losses
Boylesports, Ireland’s second largest bookmaker, has warned its staff that jobs are at risk following the government’s decision to double the nation’s betting revenue tax to 2%. Last week, Ireland’s Minister of Finance Paschal Donohoe delivered a damaging budget for industry stakeholders, implementing higher taxes on retail and digital betting verticals. Dundalk-headquartered Boylesports, which operates 250 betting shops across Ireland, …
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