Europe

Bet-at-home maintains 2020 outlook as regulatory headwinds loom

SBC News Bet-at-home maintains 2020 outlook as regulatory headwinds loom

bet-at-home AG has maintained its full-year 2020 corporate guidance, despite undertaking significant changes to its business strategy to mitigate COVID-19 circumstances and incurring DACH market headwinds. Publishing its interim results for the six months ended 30 June 2020, bet-at-home posted net betting and gaming revenues of €49.1 million, down from €58.7 million in H1 2019 which it stated was ‘due …

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Winning Post: Political flip-floppery leads to uncertainty for casinos

SBC News Winning Post: Political flip-floppery leads to uncertainty for casinos

Industry strategic consultancy Regulus Partners looks at the government u-turn to postpone the reopening of casinos in England, the growing support for a ban on online gambling and the upcoming publication of Social Market Foundation’s report on the Gambling Act 2005. UK: regulation – new poll finds growing support for online gambling ban The polling firm Survation this week released …

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YGAM calls for diverse perspectives on regulatory change

SBC News YGAM calls for diverse perspectives on regulatory change

Lee Willows, founder of Young Gamers and Gamblers Education Trust (YGAM), has called for ‘a range of different voices’ to be included in the Experts by Experience initiatives to ensure that the programmes are ‘representative of the totality of the gambling experience’. Willows emphasised that Experts by Experience initiatives must draw upon ‘lived experiences’ to ensure that they are ‘fully-inclusive’ …

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UKGC launches public awareness campaign on gambling controls, rights and safeguards

SBC News UKGC launches public awareness campaign on gambling controls, rights and safeguards

The UK Gambling Commission (UKGC) has launched its latest public campaign promoting ‘9 ways to keep yourself safe when gambling’. The campaign focuses on raising public awareness of safer gambling control tools, facilities and support groups such as GambleAware and GamCare. In addition, the UKGC seeks to provide better all-round guidance on how consumers can monitor their activity with licensed …

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Betway continues CD Leganés sponsorship

SBC News Betway continues CD Leganés sponsorship

Betway has secured a sponsorship extension with CD Leganés which will see the gambling operator act as the main sponsor for the team during the upcoming season. The agreement, which was initially signed in 2018, comes at a time when the Spanish Ministry of Consumer Affairs is considering proposals which will toughen up regulations on betting companies, including restrictions to …

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Esports Entertainment Group finalises Argyll takeover

SBC News Esports Entertainment Group finalises Argyll takeover

Esports Entertainment Group has finalised its acquisition of online sportsbook and casino operator Argyll Entertainment AG for an undisclosed sum. As part of the takeover, Esports Entertainment Group has purchased Argyll’s parent company LHE Enterprises in addition to its operating subsidiaries. “Acquisitions are an important component of our growth strategy and completing our first acquisition as a NASDAQ company is …

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Boris Johnson delays reopening of casinos in England

SBC News Boris Johnson delays reopening of casinos in England

Casinos in England are facing further delays in reopening their doors after Prime Minister Boris Johnson revealed that the government will ‘squeeze that brake pedal’ in slowing down the spread of COVID-19. A number of venues, including casinos, were due to reopen on 1 August as the country began to ease restrictions. However, following a spike in cases across Greater …

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BGC welcomes decision to reopen Scottish casinos

SBC News BGC welcomes decision to reopen Scottish casinos

The Betting and Gaming Council (BGC) has welcomed the decision made by the Scottish Government to reopen casinos and bingo halls from 24 August. First Minister Nicola Sturgeon announced the latest easing of the country’s coronavirus lockdown in a statement to the Scottish Parliament, confirming that betting shops will be permitted to switch their gaming machines back on from the …

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Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off

SBC News Ilya Machavariani, Dentons - CIS regional dynamics will come to play prior to gambling take-off

Market developments in the CIS region have shot to the forefront of the industry’s agenda, as an intense July saw Ukraine approve its Gambling Law mandate, the Russian Duma announce an overhaul of sports betting laws and taxes, whilst Uzbekistan forms a counsel for the development of a national lottery.   At the coalface of rapid developments,  Ilya Machavariani, Head …

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