Europe

Colossus Bets has soft-launched ‘Match Predictor’ – a new pool type enhancement to boost its product portfolio for sportsbook customers. Announced as a ‘market first’, Match Predictor will see Colossus bring popular ‘bet-builder’ functionalities to its flagship multi-leg jackpot pool markets, featuring guaranteed prizes. The enhancement will allow sportsbook customers to select a range of bet types such as correct …

Kansspelautoriteit (KSA), the Netherlands gambling regulatory authority, has published its requirements for ‘systems inspections’ – a key procedure applied as a licensing condition of the ‘Remote Gambling Act’ (KOA Act) to be launched on 1 March 2021. All prospective online gambling licensees must submit a ‘systems report’ to the KSA outlining which platform and software providers will be utilised to …

Belgian-based retail and online gambling company Bingoal has become the latest operator to join the International Betting Integrity Association (IBIA). By becoming an IBIA member, Bingoal will incorporate its sportsbook operation with IBIA’s global betting integrity monitoring and alert platform, sharing information on suspicious betting activities with approximately 85 other brands. Joeri Impens, CEO of Bingoal, commented: “As a socially …

SAZKA Group has accepted a €500 million ($590m) investment from New York private equity firm Apollo Global Management to advance its European and North American growth options. The transaction has been approved by SAZKA holding company KKCG AG, the investment fund of Czech billionaire Karel Komárek, who is the majority shareholder and Chairman of SAZKA Group. Apollo’s €500 million fund …

The Swedish government has outlined new proposals to extend the current restrictions on the gaming industry until the end of June 2021, citing concerns over the coronavirus pandemic. The memorandum, which has been submitted for consultation until 23 November 2020, includes an extension to a series of ‘temporary measures’ introduced earlier this year such as a SEK 5,000 deposit limit …

The Betting and Gaming Council (BGC) has shown its support for the ‘science-led approach’ taken by the Welsh government, which has allowed betting shops and casinos to reopen their doors following the country’s two week ‘fire break’ lockdown. As of yesterday, 360 betting shops and four casinos in Wales were given the green light to reopen their doors, with a …

Bookmakers have agreed to offer a much-needed cash boost for horseracing during the second coronavirus lockdown, after confirming that they will pay additional fees on existing streaming and data deals until 2 December. The extra revenue from online operators will help racecourses to make up for some of the funding shortfall caused by the widespread closure of betting shops in …

Svenska Spel has extended its partnership with the Swedish Sports Federation, Riksidrottsförbundet, with the agreement now expected to run until 31 December 2022. The new agreement is reported to be worth SEK 42 million over the two year period, and will be effective from 1 January 2021. The duo will focus on securing funds for the country’s sports organisations as …