Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents. Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels. ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing …
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French horseracing will be allowed to return this May, operating its schedule and track meetings on a ‘conditional basis’ granted by France’s Ministry of Agriculture. Last week, Edouard de Rothschild – President of France Galop – and LeTrot counterpart Jean-Pierre Barjon presented French racing’s action plan to resume fixtures on 11 May behind closed doors. Underlining that races would be held under …
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FTSE250 GVC Holdings has confirmed that its executive committee members will take a 20% pay cut, while some staff have agreed to also forego bonus payments for 2020. GVC’s Board and remuneration committee stated that it ‘would be appropriate’ for both the Board of Directors and Executive Committee to take a voluntary reduction in basic salary and fees for three …
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As the hugely successful and deeply engaging SBC Digital Summit drew to a close, Jesper Sogaard, CEO & Co-founder of Better Collective, sat down with SBC Managing Director Andrew McCarron to discuss what the future landscape looks like for affiliates. He emphasised that when it comes to gaining the trust of the public, establishing and abiding by a regulatory climate …
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The current pandemic has highlighted the need for companies to become much more agile in the way that they operate, explained Stuart Simms, Group CEO of XL Media and former Global CEO of Rakuten Marketing. Delivering the day-five keynote at this week’s SBC Digital Summit, kicking off the Juicy Stakes sponsored Digital Marketing Day track, Simms told delegates that affiliates …
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For the latest Better Collective Spotlight, we asked USBets.com to explain what is legal in terms of virtual sports and esports in the US, before Better Collective outlined how it is adapting to this time of crisis – including a “quick switch” for its Rotogrinders.com platform. The entire gambling industry is looking for creative alternatives to traditional betting markets during the COVID-19 …
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The UK Gambling Commission (UKGC) has this morning confirmed the appointment of four new commissioners, strengthening its regulatory oversight for a crucial 2020 agenda and further future proceedings. The commissioner appointments have been approved by the Department of Digital, Culture, Media and Sport (DCMS) – allowing Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey to join UKGC governance …
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As I write this, I am greatly looking forward to moderating the “Brand Control – Working with Affiliates” panel session during the “Digital Marketing Day” of the ground-breaking SBC Digital Summit. This will be a highly topical session because, looking back on what has happened in gaming regulatory terms since the commencement of the COVID-19 lockdown in the UK and …
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A programme outlining the races that will take place once horseracing resumes in the UK is due to be released next week, with prize money facing a significant reduction due to retail closures. The sport has been on hold since 17 March, however, the Resumption of Racing Group has stated that it will develop a provisional programme for the first …
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The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …
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