Europe

Bacta & Bingo Association to produce new safer gambling recommendations

SBC News Bacta & Bingo Association to produce new safer gambling recommendations

Bacta’s Technical Standards Group has announced that it will be working in partnership with colleagues from the Bingo Association’s Gaming Machine Working Group. Headed by MERKUR UK’s Alan Claypole, the new mission is to produce a set of industry recommendations on enhancements to existing regulations which will enable the machines sector to remain ‘competitive’ and uphold the ‘highest standards of …

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Twitch faces Swedish spotlight on influencer infringements

Twitch CEO has ’no problem’ with streaming of licenced gambling

Twitch, the live streaming platform of Amazon, has come under scrutiny in Sweden following a private investigation which uncovered widespread advertising of unlicensed online casinos. As exposed by Kulturnyheterna, the investigative team of Sveriges Television AB (SVT), a six-week investigation revealed that “eight out of ten Swedish influencers on Twitch had promoted unlicensed casinos to their audiences.” Swedish media were …

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Kambi: 2023 laid the foundations for ‘a more prosperous future’

SBC News Kambi: 2023 laid the foundations for ‘a more prosperous future’

Anders Ström, Kambi Chair, and Kristian Nylén, Group CEO, have reflected on a year of strategic and operational progress, as 2023 saw a shift in the firm’s business model. Addressing investors, the duo reflected on a year which saw €173.3m in revenue, multiple operator signings and partnership extensions, as well as sportsbook launches, amongst other successes. Speaking of the Stockholm-listed …

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Bragg looks at strategic alternatives post-2023 financial report

SBC News Bragg looks at strategic alternatives post-2023 financial report

On the backdrop of a revenue slowdown in Q4 ‘23, igaming company Bragg has assembled a new committee to look over potential strategic routes for the business going forward.  Some of these routes could include full or partial assets sale, a merger/acquisition, and/or a review of the company’s financing – with no due date for a decision being given by …

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UKGC to impose LCCP quarterly returns from 1 July

SBC News UKGC to impose LCCP quarterly returns from 1 July

The UK Gambling Commission (UKGC) has confirmed that all licence holders must submit regulatory returns on a quarterly basis from 1 July.  The decision follows a ‘consultation response’ to review the frequency of regulatory returns observed by all licence holders. As such, the Commission will amend Licence Condition 15.3.1 to impose mandatory quarterly submissions to improve the “harmonisation of reporting …

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Pallez determined for FDJ to expand beyond France  

SBC News Pallez determined for FDJ to expand beyond France  

Française des Jeux (FDJ) will continue to focus on the international development of its lottery and online sports betting and gaming activities to enable the group to become “a leading international gaming” business in 2024 and beyond. Writing in FDJ’s annual report, CEO Stéphane Pallez said the group has set itself the aim to “deploy our strategy with determination” in …

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Sportradar & Oddin.gg enhance AV streaming for esports betting

Alexandr Kozachenko: DATA.BET is bringing Player Props to the esports industry

Sportradar has partnered with Oddin.gg to offer audiovisual streaming of the latter’s exclusive esports content to Sportradar’s global betting operator clients. The deal looks to support the esports betting-solutions provider’s growth in the expanding global esports market. Patrick Mostboeck, SVP of Fan Engagement at Sportradar, said: “This agreement further strengthens Sportradar’s esports offering while supporting Oddin.gg in realising their growth …

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888 sells US B2C assets to Hard Rock Digital

SBC News 888 sells US B2C assets to Hard Rock Digital

888 Holdings has confirmed its strategic exit from the US market, selling all associated B2C assets to Hard Rock Digital (HRD). In March, 888 notified investors that it had initiated a strategic review of its US B2C business, “considering all available options”. The decision saw 888 announce that it had mutually agreed to terminate its Sports Illustrated (SI) Sportsbook and …

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Harris Hagan promotes ‘Gambling Associate’ David Whyte to Partner

SBC News Harris Hagan promotes 'Gambling Associate' David Whyte to Partner

Harris Hagan has announced the promotion of Senior Associate David Whyte to Partner at the City of London law firm. The decision follows Whyte’s successful tenure as a Senior Associate, where he supported Harris Hagan’s legal practices and framework within the global gambling sector. Whyte joined Harris Hagan in 2019, having previously worked in-house within the online and land-based sectors. …

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BHA seeks ‘culturally diverse’ input on British horse racing experience

PA Betting Services acquires iRaceMedia for stronger Asian foothold

The British Horseracing Authority (BHA) has invited people from ethnically and culturally diverse backgrounds working in racing to share their views.  A short survey form, funded by the Racing Foundation, has now been opened is completely anonymous and will run until 31 May 2024. The BHA is seeking experiences of the industry via the survey. BHA Chief Executive, Julie Harrington, …

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