Europe

After failing to appoint a new nominated advisor, Nektan (Gibraltar) Limited has confirmed that it is no longer trading on the London Stock Exchange’s Alternative Investment Market (AIM). Nektan cancelled its trading on AIM, citing AIM Rule 1, which states: “an applicant must appoint a nominated adviser and an AIM company must retain a nominated adviser at all times”. The …

Betway is gearing up for its biggest Spanish marketing commitment, after reportedly entering discussions to become the official shirt sponsor of Sevilla FC in time for the start of the 2020/2021 La Liga football season.  Spanish football news source Palco23 has reported that Betway is leading the way to replace Marathonbet as lead sponsor of Sevilla, recognised as Andalucía’s biggest …

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

BAGO, Belgium’s trade association for gaming operators, has confirmed that it will endorse the European Gaming and Betting Association’s (EGBA) responsible advertising code of conduct as its guiding policy for advertising and marketing standards. With its current membership covering 70% of Belgium’s licensed online and land-based gambling incumbents, BAGO has become the first European industry trade association to endorse and …

The betting and gaming industry has, undoubtedly, been tested when it comes to mitigating the impact of the coronavirus crisis both for its stakeholders and players. Regulus Partners begins the week by looking at the new guidance for operators issued by the UK Gambling Commission, the ban on advertising from BGC members and the pending return of UK horse racing …

Major developments in Ukraine have seen the Rada (parliament) committee fast track final readings of ‘Bill-2285D – Gambling Law’ to be commenced this week (18 May). MPs will be given the final chance to debate amendments of the governing SoP Party’s bill which will reestablish Ukraine’s federal gambling framework. Despite its fast track, observers remain unconvinced on a number of …

The board of IGT Plc has moved to strengthen its corporate governance structures, confirming three separate committee appointments that will be sanctioned following the firm’s annual general meeting (AGM). The New York-listed gambling technology group confirmed that Professor Alberto Dessy, a company independent director since 2015, will take a seat on the firm’s Audit Committee. The appointment sees Dessy ,a …

The Horserace Betting Levy Board (HBLB) has boosted its prize money contributions to support the industry as it continues to deal with the financial implications of the coronavirus crisis. With no crowds on racecourses, nor betting shops open, a drop in prize money was previously considered to be ‘inevitable’. The HBLB has since confirmed that it would boost its prize-money …

Parimatch Holdings has confirmed the promotion of Dmitry Sergeev to the newly created executive leadership position – CEO of Parimatch CIS Division.  Sergeev, who has led Parimatch’s Russian unit since 2019, will be tasked with leading operations and growth strategy for the ‘Commonwealth of Independent States’ territories, encompassing – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, …