Europe

Gambling with Lives (GWL) has announced that Will Prochaska has resigned as Strategy Director of the charity and reform group representing the families of those bereaved by gambling-related suicides. As announced this weekend, “Will Prochaska is leaving to operate as an independent advisor on gambling harm initiatives, a move that reflects his continued commitment to tackling the harm caused by …

New Public Health figures for England estimate that 1.6 million adults would benefit from specialist-led treatment for gambling harms. The estimated figure forms part of a prevalence update on “gambling treatment need and support” undertaken by the Office for Health Improvement & Disparities (OHID), reporting to the Department of Health and Social Care. Providing a breakdown of treatment needs, the …

Thomas Holland, Product Director at Genius Sports, talks about betbuilders, risk management, and how innovations are driving change in sportsbooks in an exclusive interview with SBC News.   SBC: Managing liabilities has become complex, with products like betbuilder creating exposure across millions of outcomes. How do you effectively manage risk in today’s world? Thomas Holland: Managing liabilities has always been complex, …

FSB Technology has announced the appointment of Craig Artley as its new Chief Financial Officer. Joining from Sporting Group, Artley will oversee the igaming software provider’s financial strategy, lead its finance and compliance teams and direct commercial relationships with new and existing platform partners. Adam Smith, CEO of FSB, commented: “Craig is another outstanding hire into our senior leadership executive …

Alan Pepperell, Retail Director, Spotlight Sports Group, offers some fascinating insight into the changing face of the UK’s retail betting sector and how the industry is focusing on digitising horse racing in betting shops to make them a destination to enjoy live sports events. The betting shop revolution In the past few decades betting shops have seen several potential threats …

Parimatch Group seeks a new CEO following the resignation of Maksym Liashko as Managing Partner and Chief Executive of the CIS gambling group. This afternoon, Energame, the management company of Parimatch Group, notified media outlets that it had “accepted the resignation of Maksym Liashko”. The update informed that “the decision was taken this week during a shareholder meeting of the …

Spelinspektionen, Sweden’s Gambling Inspectorate, holds ‘no significant opinion’ on the 2024 Budget proposals to increase taxes on the gambling sector. As announced by the memorandum of the Budget 2024, in the Spring of 2024 the Riksdag will debate increasing the gambling tax rate from 18 to 22% of gross gambling revenues (GGR). Should the proposal be approved, the 22% GGR …

Genius Sports has made its latest move in the sports fan engagement space by launching a privacy-compliant identification solution, FanHub ID. The product utilities online and offline data signals and AI technology to create fan-based profiles. The target market for the product are marketers and content owners, who Genius states can use FanHub ID to ‘reach and measure’ sports audiences ‘at scale’. …

The Gambling Regulators European Forum (GREF) has appointed Rachel Bezzina, AML Manager of the Malta Gaming Authority (MGA), to co-chair its newly established AML Working Group. Rachel Bezzina will co-chair the Working Group alongside Christophe Vidal, the Chief Coordinator of AML and Fraud Monitoring for l’Autorité Nationale des Jeux (ANJ) – France’s National Gambling Authority. GREF is a forum for …

Gaming Innovation Group (GiG) has successfully issued €75m in senior secured bonds to increase capital funds available for its business. The bond is made up of two tranches of €45m and SEK350m (€30m) and allows GiG to expand the bond’s total borrowing limit to “€100m equivalent, related to this issue.” Proceeds from the bond will be used to fully repay …