OPAP SA holds confidence in its growth strategy and future prospects, despite a tough end-of-year closing derailing its return towards financial stability. Publishing its full-year 2020 financial results, the Athens-listed gambling group recorded a 30% revenue slump to €1.12 billion (FY2019: €1.61bn) attributed to Greece enforcing its second national lockdown during Q4, which forced OPAP to close 2/3 of its …
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Cash out is now available for players with operators running off the NSoft sportsbook platform, delivered as part of the provider’s In-Play Betting MTS turnkey solution. The popular feature has been added as another core component of the in-play solution for NSoft, a preferred partner of Sportradar, alongside the provision of real-time live odds, a risk management service, resulting and …
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Better Collective has strengthened its position in the Swedish market via an acquisition of online sports betting media platform Rekatochklart.com. Agreed at a paying price of €3.8 million and paid in cash, the transaction has enabled Bettor Collective to consolidate the acquired asset into its group accounts, and was completed as an asset purchase from Win & Fun Media Ltd. …
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GamCare, the charity operating the National Gambling Helpline, has stated that research and feedback from ‘lived experience’ must lead UK gambling’s much-needed reforms. The charity has published the findings from a survey conducted on 343 of its ‘service users’ for the government’s ongoing review of the 2005 Gambling Act. The survey focused on its users’ experience with licensed operators and …
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Entain Plc will deploy a ‘new affordability model’ across its entire UK brand portfolio, to detect customers at ‘greatest risk of potential financial harm’, ensuring early intervention from its customer care teams. The model – which has been ‘under development for the past 18-months’ – has been configured by Entain’s proprietary ‘ARC’ (Advanced Responsibility and Care) safer gambling player monitoring …
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Tim Miller, the Executive Director of the UK Gambling Commission (UKGC) leading research and policy development, has outlined the regulator’s principal objectives which will spearhead its new ‘Corporate Strategy’. The first UKGC executive to speak following this month’s abrupt departure of chief executive Neil McArthur, Miller addressed industry executives and wider business stakeholders at the CMS Law Gambling Conference. The …
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Adam Gontarz, CEO for custom software development company CrustLab, writes for SBC News about the emerging trends across the betting and gaming industry, and how 2021 promises some interesting technological developments. With the constant evolution and advancement of technologies within the betting and gaming industry, what was maybe considered ‘hot’ one day may be replaced by a new development or …
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The digital world is “very different from the retail world” for gambling, explained GiG’s Ashley Hardy and Nicola Fitton in a recent webinar about omnichannel titled ‘Digital transformation – the journey’. Held as part of the SBC Webinars series, the pair discussed why retail operators should look to a partner which can get your brand to a better ‘commercial’ place, …
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The British Horseracing Authority (BHA) has announced plans to tighten regulations of syndicates and racing clubs in order to ‘support public confidence’. Central to the enhancement of the regulations is a strengthening of the Code of Conduct for Syndicates. First introduced in 2017, the Code requires syndicates to provide members with a contract covering specific areas in order to advertise …
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Nicolas Fleiderman has been selected as the new Chief Executive Officer for A GAME ABOVE, taking over from Steen Madsen who stepped down earlier this year. Fleiderman’s appointment comes soon after the customer experience campaigns and consulting agency celebrated its first anniversary. In his new role, the new CEO will focus primarily on the company’s growth within regulated markets across …
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