Europe

David Clifton, Licensing Expert: Gambling can’t hide from its spotlight

SBC News David Clifton, Licensing Expert: Gambling can't hide from its spotlight

Since my last “Licensing Expert” article for SBC News, the stand-out issues in UK gambling regulatory terms have been (a) the circumstances giving rise to the UK Government’s 20 April announcement of an independent review into the collapse of Football Index and (b) the sudden unexpected departure of Neil McArthur from his position as Chief Executive of the Gambling Commission …

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Google takes stricter stance on privacy for gambling apps

privacy

In the latest updates of the Google Play Terms of Services, the technology giant announced the welcome development that it will allow real money gambling apps in 15 additional jurisdictions effective from 1 March, writes Stuart Godfree, Managing Director at mkodo. With much of the industry previously restricted to Apple’s platform, this move triggered many operators to reconsider its app …

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Pinnacle integrates Dota 2 into esports tournament

SBC News Pinnacle integrates Dota 2 into esports tournament

Online betting operator Pinnacle has brought Dota 2 into the second edition of its Pinnacle Cup tournament in cooperation with Relog Media. Launching on 5 May, the tournament will comprise an initial 10-team round-robin stage followed by a best-of-three double elimination bracket, after which two teams will be invited to participate in a playoffs stage, joining the teams which qualified …

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Betway owner Super Group sets course for $4.75bn NYSE IPO

SBC News Betway owner Super Group sets course for $4.75bn NYSE IPO

Betway is set to become the industry’s next listed US property, as its owner Super Group outlined its intentions to merge with an SPAC vehicle to secure a footpath to listing on the New York Stock Exchange (NYSE). This Sunday, Guernsey-based Super Group confirmed that it had ‘entered a definitive agreement’ to combine its business with blank-cheque SPAC – Sports …

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Codere shares fall by 12% after liquidation agreement with creditors

SBC News Codere shares fall by 12% after liquidation agreement with creditors

Spanish online sports betting and casino operator Codere has seen its shares fall by 12% to €1.08, after coming to an agreement with its creditors that will see the firm enter liquidation. As a result of the liquidation, Codere asset’s will be transferred to a new corporate structure in order to ensure the variability of the company, supported by its …

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Matchroom media arm enhances OTT operations with Loop acquisition

SBC News Matchroom media arm enhances OTT operations with Loop acquisition

Matchroom has announced that it has acquired Loop – a live streaming and production company that has previously collaborated with the promoter. Becoming a wholly owned subsidiary of Matchroom Media – the agency’s media arm launched earlier this year to act as home to production of live events – Loop will help to deliver content for Matchroom’s portfolio of properties, …

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Swedish regulator accepts proposals but maintains some objections

SBC News Swedish regulator accepts proposals but maintains some objections

The Spelinspektionen, the Swedish Gambling Inspectorate, has accepted some proposals for further regulation of the country’s industry, but maintains objections to others. Notable recommendations made by the Swedish government’s ‘Gambling Market Inquiry’ in December 2020 included a tightening of advertisement regulations, including a call for a prohibition of advertising of casino games between 06:00 and 21:00. Coordinated by Social Democrat …

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Europe flagged as continent responsible for most betting alerts by GLMS

SBC News Europe flagged as continent responsible for most betting alerts by GLMS

The Global Lottery Monitoring System (GLMS) has released its report for Q1 2021, identifying Europe as the continent most responsible for suspicious betting alerts. A total of 23 alerts were reported to GLMS’ international sporting partners, of which four were sent to FIFA, seven to UEFA, three to the TIU, two to ESIC and two to the IOC. The remaining …

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75% increase in sports betting turnover drives NSoft Q1 growth

SBC News 75% increase in sports betting turnover drives NSoft Q1 growth

Software provider NSoft has countered coronavirus headwinds to meet its commercial targets for Q1 2021, reporting strong growth for its sports betting products in particular. Identifying its Live Sports Betting solution as ‘the best performing product’, NSoft reported a total turnover increase of 75% when compared to the same time period in 2020. The operator said it ‘raised the sportsbook …

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