Europe

Horse racing has enjoyed 200% growth in the Spanish market in the last five years, from €21 million in 2013 to a “non-dismissible” €90 million in online turnover during 2017. Online gaming revenue in Spain reached €560 million in 2017, with sports betting accounting for 55.57% of this figure. In play fixed odds and pre-event fixed odds betting made up …

Cyprus-based sports betting company 1xBet has praised the impact of 1xPromo, a customer loyalty program which enables its customers to redeem bonus points for free bets. 1xPromo, otherwise known as Promo Code Store, is permanently visible to all 1xBet customers, with a balance that automatically updates after every bet placed on the sportsbook. The bonus points can be redeemed at …

With RB Capital, who were the sell-side advisors on the transaction, Catena Media plc has further strengthened its position as a leading iGaming affiliate in the regulated New Jersey market through the acquisition of BonusSeeker.com and related assets. BonusSeeker, which is on a strong growth trajectory, provides its users with unbiased comprehensive reviews of all the legal casino operators in New …

FTSE100 betting group Paddy Power Betfair Plc (PPB) has confirmed the appointment of Jonathan Hill as Group Chief Financial Officer (CFO). Hill the current CFO of senior citizens’ financial services firm Saga Plc, is set to join PPB’s corporate leadership team this autumn, replacing long-term group finance lead Alex Gersh who this March confirmed his departure from PPB’s executive team. …

It can surely have come as no surprise that, after all that has happened in recent months, the Gambling Commission has announced proposals designed to provide greater protections for children, reduce problem gambling risks to vulnerable customers and act on its long-held perception that operators have not been doing enough to properly know their customers and to intervene at an …

Jan Jones Blackhurst, the former Mayor of Las Vegas and current Vice President of Public Policy & Corporate Responsibility at Caesars Entertainment has highlighted gender equality concerns facing the global gambling community. Speaking to casino industry news source CasinoBeats (SBC.Global subsidiary), Blackhurst detailed that the sector had tainted itself during ICE 2018, a global gambling conference in which the sector …

Sky Bet is to pay a £1m penalty package for failing to protect vulnerable customers, the Gambling Commission has stated. The regulatory body has detailed that the failures relate to customers who had self excluded from gambling, highlighting three key weaknesses in Sky Bet’s self exclusion scheme, meaning that: 736 self-excluded customers were able to open and use duplicate accounts …

Paddy Power is aiming to strengthen its responsible gambling methods with the implementation of its new electronic self-exclusion process, which utilises an in-shop app for all of its UK-based shops. Replacing the old method of paper based method of self-exclusions, the new format, which is powered by the shop tablets, serves as a more efficient method in safeguarding vulnerable customers …

London AIM-listed European online gambling/lottery group, Veltyco Plc has issued a corporate update confirming the appointment of Melissa Blau as new Chief Executive Officer. Veltyco governance confirms the appointment Blau, following an executive management restructure, which has seen company executives Uwe Lenhoff and Hans Dahlgren step down from the board. As leader of Veltyco, Blau will be supported by the …

The Austrian Play Fair Code (PFC) has signed a memorandum of understanding with Sportradar, designed to bring a multitude of benefits to its many stakeholders. Amongst those are the exchange on knowledge and best practices focussed towards education and prevention, which is to aid the strategic objective of fighting corruption across all forms of sport, both within Austria and on …