Europe

W2 and Crucial Compliance: Simplifying the compliance burden for igaming operators

Crucial Compliance

Writing a shared account for SBC News, Warren Russell from W2 and Crucial Compliance’s Paul Foster explain why the move towards tighter enforcement for global regulators leaves operators needing to strengthen their compliance efforts today. Global regulators continue to tighten regulations to ensure licence holders meet the highest possible safer gambling and AML standards. As part of these efforts, regulators …

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Regulated market success offsets German headwinds for LeoVegas

SBC News Regulated market success offsets German headwinds for LeoVegas

LeoVegas has delivered a strong start to 2021 despite acknowledging headwinds in the German sector related to updated regulatory requirements in the country, as well as encountering difficulties in the Nordics. As part of its Q1 2021 report, it disclosed that casino accounted for 74% and live casino 17% of the group’s Gross Gaming Revenue (GGR), while sportsbook is now …

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Codere founding family demands €900m compensation from US investors 

SBC News Codere founding family demands €900m compensation from US investors 

Grupo Codere SA is caught up in a further investor dispute, after the company’s founding Martinez Sampedro family demanded that their minority shareholding be acquired by the firm’s remaining US investors. The Martinez Sampedro family have filed an appeal with Spain’s National Securities Market Commission (CNMV), urging the regulator to demand that US investors acquire the family’s 14% stake in …

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Bookies Corner: No hiding from Super Thursday’s electorate judgement

SBC News Bookies Corner: No hiding from Super Thursday's electorate judgement

Tomorrow, the electorate of England, Scotland and Wales will head to the polls for critical local and national elections that will shed light on the faultlines running through UK politics in the wake of Britain leaving the EU and a year of the COVID-19 pandemic…  The outcome of ‘Super Thursday’ results will be consequential with regards to PM Boris Johnson …

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STS to enter new markets with revamped website

SBC News STS to enter new markets with revamped website

STS has strengthened its presence in international gaming markets after launching a revamped version of its stsbet.com website.  The new website, which enables STS to ‘enter new foreign markets’, will allow the company to “offer innovative solutions that are nowadays necessary to acquire an advantage over competitors and effectively acquire customers”. As a result, players will now benefit from an …

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SoftSwiss elevates player experience with four new sportsbook features

SBC News SoftSwiss elevates player experience with four new sportsbook features

SoftSwiss has enhanced its sportsbook platform after adding a range of new player functionalities, which the supplier believes will help ‘amplify’ the overall player experience.  Among the functionalities will be Quickbet, BetCashout, Maxstake and BetBuilder tools which are hoped to ‘help to further accelerate the overall betting process, making it more convenient for the players’. Coming just ahead of UEFA …

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EGBA urges German Lander to drop ‘anti-competitive’ online tax rates

Maarten Haijer, Secretary General of EGBA

The European Betting and Gaming Association (EGBA) has urged the German Bundesländer to reject proposed tax rates of 5.3% on online poker and slots, arguing that this would undermine the country’s recently updated gambling regulations. The turnover tax has been proposed by the Bundesrat, Germany’s Federal Council, as the final tax arrangement that should be imposed on casino and poker …

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Coingaming targets ‘mature and emerging’ markets with SportCaller linkup

SBC News Coingaming targets ‘mature and emerging’ markets with SportCaller linkup

Coingaming Group’s Sportsbet.io sportsbook has announced a partnership with SportCaller, aimed at expanding its long-term presence in mature and emerging markets in untapped territories. The partnership aims to combine Sportsbet.io’s multi-currency capabilities with SportCaller’s international scope and localisation operations in order to diversify fan engagement around targeted free-to-play sports games. “SportCaller’s highly-focused, and collaborative approach to game-ideation, together with their …

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Aspire Global highlights BtoBet acquisition for successful Q1

Checkd leaving wider international footprint amid revenue growth

Aspire Global has reported a successful first quarter for 2021 having achieved key objectives across multiple verticals and recorded a total revenue increase of 42.6%, driven by the global market presence of BtoBet. Publishing its Q1 2021 trading report, the group revealed that revenue had increased to €48.1 million (€33.7 million Q1 2020), attributed largely to the acquisition of BtoBet, …

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