Europe

Microgame: Capitalising on the ‘step change’ for Italy’s betting market

Microgame: Capitalising on the 'step change' for Italy's betting market

The pandemic has brought about a ‘step change’ in the development of the Italian betting market, said Microgame CEO Marco Castaldo (pictured, left), who believes that operators are now beginning to realise the online growth potential. Speaking ahead of next week’s SBC Digital Italy, he explained why those operators who can differentiate the overall user experience by specific player segments …

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Ström’s Veralda sells 2% shareholding in Kambi Group 

SBC News Ström’s Veralda sells 2% shareholding in Kambi Group 

Veralda, the private investment fund of Swedish sports betting tycoon Anders Ström, has confirmed the sale of 675,000 shares in Kambi Group Plc. The share sale was executed yesterday, with Veralda divesting 2% of its current equity in Stockholm-listed Kambi for a purchase price of SEK 462 per share (€45). The transaction placed with private Swedish and institutional private investors …

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FDJ 2020 results drained by early Covid hits 

SBC News FDJ 2020 results drained by early Covid hits 

Groupe FDJ has reported a ‘gradual recovery’ to its financial performance, as strong second-half lottery sales helped the company mitigate sustained Covid headwinds incurred earlier in the year. Completing its first year as a Paris Euronext enterprise, FDJ recorded full-year group stakes (lottery sales + sports betting wagers) of €16 billion, down 7% on corresponding FY 2019’s €17.1 billion. The …

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SoftSwiss launches new betting project with Bitkingz parternship

Sports betting games provider ParlayBay has formed an alliance with GRID Esports as it looks to power its next-generation gaming experience.

SoftSwiss has announced Bitkingz Sportsbook, a project from Bitkingz Casino, as its latest client. Bitkingz Sportsbook was launched on 1 February 2021, supplied with main odds feeds by Betradar. The sports betting site now gives access to over 10,000 live events. The sportsbook’s operator, Bitkingz Casino, runs via the SoftSwiss online casino platform, and will now offer its users an …

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YGAM and GamCare enlist Cambridge United for Kick the Habit campaign

SBC News YGAM and GamCare enlist Cambridge United for Kick the Habit campaign

Responsible gambling organisations GamCare and YGAM are set to launch the Kick the Habit campaign in cooperation with Cambridge United Community Trust (CUCT). The campaign will see CUCT promote podcasts, articles and interviews via social media channels. The media releases will focus on the consequences of gambling problems and provide education regarding the topic. Additionally, the drive will focus on …

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Henrik Tjärnström: ‘No sleep till Kindred hits 0% harm’ 

SBC News Henrik Tjärnström: ‘No sleep till Kindred hits 0% harm’ 

Kindred Group’s pledge to incorporate ‘transparent safer gambling metrics’ as part of its financial reporting duty has been deemed a ‘leadership milestone’ by company chief executive Henrik Tjärnström. This week, Kindred became the first listed operator to publicly disclose information on its share of corporate revenues generated from ‘high-risk customers’, alongside further data tracking its group-wide safer gambling efficiencies. Tjärnström …

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Age restriction violations on the decline, says ASA

SBC News Age restriction violations on the decline, says ASA

The Advertising Standards Authority (ASA) has announced that age restriction violations in UK gambling advertisements have fallen, according to its latest report. Adverts involving gambling, alcohol, tobacco and other products deemed adult oriented or harmful to children were analysed over a three month period from October to December 2020 using monitoring tools. Across a sample of 49 websites and 12 …

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GambleAware partners with Expert Link to launch ALERTS network

SBC News GambleAware partners with Expert Link to launch ALERTS network

Responsible gambling advocacy charity GambleAware has appointed Expert Link to co-design its nationwide ‘ALERTS’ network. GambleAware has provided funding for, ALERTS – which is an acronym for ‘Affected Lived Experience Research, Treatment and Support Group’ – for 18 months. The group will consist of people with lived experience of gambling harm. The charity’s stated ambition is that the group will …

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