Europe

The Betting and Gaming Council (BGC) has issued its statement regarding this morning’s report by Peers for Gambling Reform (PGR), highlighting the industry’s financial contribution to the UK economy in response to ‘fantasy figures’. Five key measures were recommended by the report – affordability checks, stake limits on high-risk online casino games, a ban on sports sponsorships, the classification of …

Peers for Gambling Reform (PGR) has published the findings of its latest report, arguing that an overhaul of UK gambling laws would likely have positive societal outcomes on employment, tax revenue and employee earnings. NERA was commissioned to undertake an ‘economic assessment’ of recommended industry reforms that have been suggested as part of the government’s generational review of the 2005 …

Esports Entertainment Group (EEG) has secured definitive terms to acquire Malta-based online gambling operator Bethard Group Ltd, as the company continues to expand its European sportsbook profile. Nasdaq-listed EEG confirmed that it had reached an agreement with Gameday Group – the operating firm of Bethard – to acquire its asset for €16 million ($19.5m) cash and a guarantee of 12% …

Gambling with Lives has unveiled its new ‘treatment and support system’, designed by the lived experience of former victims of gambling harms working with health experts to tackle the deep complexities of gambling disorders. The support charity states that its organisation embarked on a new pathway design, acknowledging that victims of gambling had faced judgement and a lack of understanding …

William Hill has made the first steps into expanding into the burgeoning South American gambling landscape, building on its acquisition of Alfabet SAS to launch in Colombia. The acquisition of Alfabet was initially conducted in December 2020, in a deal which saw the then Gibraltar and UK-based operator acquire a majority stake in the company which has operated the BetAlfa.co …

GambleAware has launched new interactive maps designed to identify the usage of and reported demand for support and treatment, segmented by local authorities and wards across Great Britain. Based on the responsible gambling charity’s annual treatment and support survey, GambleAware has outlined differences in gambling participation, usage and reported demand for treatment and support, broken down by area. The survey …

Betfair will serve as a co-sponsor of Brazilian TV broadcaster SBT’s coverage of the 2021 CONMEBOL Copa America tournament taking place this summer from 13 June to 10 July.   Recognised as one of Brazil’s ‘big three’ terrestrial TV channels, SBT is contracted to broadcast 11 Copa America matches including the tournament kick-off match between hosts Argentina against Chile, as well …

Paddy Power, the son of the owner of the bookmaker-of-the-same-name David Power, has raised over €500,000 in crowdfunding for his American SportZ Exchange (ASX) sports trading platform. The ASX project was founded in 2019 whilst a beta version was launched in 2020, and will function as a ‘stock market’ for sports, combining fantasy sports and financial markets, enabling fans to …