Europe

Cross-party think-tank calls for £100 monthly limit on gambling

SBC News Cross-party think-tank calls for £100 monthly limit on gambling

Cross-party think-tank The Social Market Foundation (SMF) has called for further ‘protective regulation’ of wagering limits to be rolled out, advising regulators that gamblers should be limited to betting ‘£100 each month until they pass more stringent checks‘. Reported by the Financial Times, the think tank claims that it is ‘inevitable that gamblers will sometimes spend more than they can …

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HBLB anticipates 40% drop in Levy reserves

SBC News HBLB anticipates 40% drop in Levy reserves

The Horserace Betting Levy Board (HBLB) has confirmed that reserves held to support the sport through difficult times will be 40% lower than pre-pandemic levels. Reported by The Guardian, the Board’s chief executive Alan Delmonte revealed that reserves are predicted to be around £30 million by the end of December, having been around £50 million in March. “That shows you …

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German DSbV demands actions on illegal online gambling transactions

SBC News German DSbV demands actions on illegal online gambling transactions

The German Casino Association ‘Deutsche Spielbankenverband’ (DSbV) said that payment blocking orders of unlicensed online gambling operators should be at the ‘top of the agenda’ for German lawmakers. The DSbV made its statement following the aftermath of the Wirecard AG’s multi-billion euro scandal, which it stated has rocked confidence in German banking and payment processing laws. In its statement, the DSbv …

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William Hill accelerates transformation agenda to overcome COVID realities

SBC News William Hill accelerates transformation agenda to overcome COVID realities

A year-on from implementing its corporate transformation programme, William Hill Plc has praised the execution of its new strategy which has helped the company navigate Covid complexities and further industry headwinds. Publishing its half-year results for the six months ended 30 June 2020, the COVID-19 disruptions to live sport were a key factor in the 32% decline in net revenues, …

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Belgian Pro League selects bwin as its new betting partner

SBC News Belgian Pro League selects bwin as its new betting partner

GVC Holdings‘ European flagship sportsbook property bwin has been confirmed as the new betting partner of the Belgian Pro League and Eleven Sports for the next three seasons. The deal will cover the Jupiler Pro League, D1B and the Supercup, with the online operator also becoming the rights holder of the national betting streaming rights to the Pro League, broadcast …

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Merkur Sportwetten increases stake in Belgium’s Betcenter

SBC News Merkur Sportwetten increases stake in Belgium’s Betcenter

Gauselmann Group subsidiary Merkur Sportwetten GmbH has grown its presence in the Belgian market after increasing its holding in Betcenter Group NV from 50.1% to 74.9%. The partial sale, which came in with retroactive effect on 1 January 2020, will mean that Seydi Tekin will remain as chief executive officer of Betcenter in the long term. Meanwhile Carsten Schaudienst will …

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SIS inks new partnership with RETAbet

SBC News SIS inks new partnership with RETAbet

Racing content and data services provider Sports Information Services (SIS) has enhanced its footprint in the Spanish and Latin America markets by entering into a partnership with Ekasa Reta’s flagship brand, RETAbet. Under the agreement, SIS will deliver its 24/7 Live Betting Channels, which will feature a mix of global horse and greyhound racing. This will provide RETAbet with ‘profitable …

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GAMING1 uses AI to combat problem gambling

SBC News GAMING1 uses AI to combat problem gambling

GAMING1 has enhanced its offering of responsible gambling products by releasing a range of Artificial Intelligence player protection tools. The toolkit, which was designed by the company’s in-house product development team, aims to monitor all players activities and detect any early signs of problem gambling. Commenting on the launch, Sylvain Boniver, COO at GAMING1 said: “We’ve created a cutting-edge product …

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Nearing the SCA deadline: Is the market prepared?

SCA

Getting on the path towards Strong Customer Authentication (SCA) compliance should be the “north star of every vendor’s roadmap” said ConnectPay CTO Marius Galdikas, as we move towards the revised final deadline for the new payment security standards set by the European Banking Authority (EBA). The SCA law states mandatory two-factor authentication for online transactions and contactless payments made within …

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