Europe

IBIA – MGA must adopt coherent approach on sports betting customer disputes  

SBC News IBIA - MGA must adopt coherent approach on sports betting customer disputes  

The International Betting Integrity Association (IBIA) has published its official response to the Malta Gaming Authority’s (MGA) consultation on ‘suspicious betting reporting requirements and further integrity matters’.  The IBIA underlined that it has followed MGA legislative developments closely since the regulatory body launched its ‘Prevention of Corruption in Sport Act‘ in  2018. Furthermore, the IBIA has supported the MGA in …

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UKGC places Genesis Global under immediate investigation

Sarah Garnder: UKGC consultation conclusions due this summer

Online casino group Genesis Global Limited has been placed under immediate investigation by the UK Gambling Commission (UKGC), with the regulator citing unspecified compliance issues.  Yesterday, the UKGC disclosed that it had enforced section 116 (2) of the 2005 Gambling Act, placing Genesis under investigation for carrying out activities in breach of its licence conditions. Under section 116, the UKGC …

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Alessandro Sposito, ESA Gaming: Lightweight games for a heavy impact in Africa

ESA Gaming

Africa’s sports betting sector has been booming over the last few years, with countries like Nigeria, Kenya and South Africa leading the way in the region.  While still heavily dependent on an ecosystem of retail shops and agents, online betting and gaming is seeing significant growth in many parts of the continent, driven in large part by improved internet accessibility …

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GVC ‘surprised’ at widening of HMRC’s Turkey investigation

SBC News GVC ‘surprised’ at widening of HMRC’s Turkey investigation

GVC Holdings has confirmed that the HM Revenue & Customs (HMRC) has expanded its investigation into the company’s former online subsidiary in Turkey. The investigation, which began on 28 November 2019, was launched in relation to former third party suppliers, which the operator understood to be related ‘to the processing of payments for online gambling in Turkey’. In 2017, GVC …

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Betsson outrides pandemic challenges as regulatory dramas loom

SBC News Betsson outrides pandemic challenges as regulatory dramas loom

Betsson AB has published its 2020 interim results stating that it has ‘delivered all-time highs in revenues under the most challenging conditions’. The Stockholm-listed online gambling group praised its swift actions undertaken during March, which allowed the company to continue to ‘execute the strategic priorities’ as part of its ongoing transformation programme. Trading under unprecedented circumstances, Betsson recorded Q2 2020 …

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Scottish bookies warn of job losses without government support

SBC News Scottish bookies warn of job losses without government support

Scottish bookmakers have warned First Minister Nicola Sturgeon that hundreds of jobs could be at risk if the government does not implement a business rates relief to help them cope with the cost of the Covid-19 pandemic. Unlike in England, Holyrood opted to exclude betting shops from its business relief scheme, which was designed to support businesses which had seen …

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GambleAware – Deeper research needed to tackle the illness of gambling disorders

SBC News GambleAware – Deeper research needed to tackle the illness of gambling disorders

GambleAware has published its ‘quarterly briefing note’, highlighting the work the charity has undertaken with diverse organisations in reducing problem gambling harms across the UK. The briefing note provides industry stakeholders with an update on GambleAware’s commissioning of directives to support the delivery of the National Gambling Treatment Service. Furthermore, the charity providers an update on, national public health campaigns …

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TIU suspends Antonis Kalaitzakis over betting breaches

SBC News TIU suspends Antonis Kalaitzakis over betting breaches

The Tennis Integrity Unit (TIU) has handed a 20-month suspension and $6,000 fine to Greek tournament director Antonis Kalaitzakis after he admitted to ‘betting on tennis and failing to report knowledge of, or suspicion of corruption’ to the TIU. The suspension follows on from an investigation which found that Kalaitzakis used online betting accounts to place 127 bets on tennis …

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888 appoints VC expert Limor Ganot as a corporate advisor

888 Holdings

The board of 888 Holdings has expanded its governance advisory, confirming the appointment of Limor Ganot as a corporate non-executive director. A seasoned executive in corporate financing and strategic planning for technology enterprises, Ganot is the Managing Partner of US/Israeli venture capital fund Gefen Capital. An Israeli business figurehead, Ganot has further served as CO-CEO and VP of Business Development …

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Camelot under fire for exploiting National Lottery age limits

SBC News Camelot under fire for exploiting National Lottery age limits

Camelot Group, the operating company of the National Lottery, has faced media and political backlash following reports that 16 and 17-year-olds have spent £47 million on National Lottery games.  The Sunday Times accused Camelot of ‘exploiting a loophole’ in UK gambling laws, allowing children to wager on National Lottery instant-win products without any form of intervention.  Quoting ‘latest figures’, the …

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