Europe

Affiliate marketing publisher XLMedia has reported that 2019 was a year of ‘limited financial progress’ for the group as it sought to ‘mitigate a number of operationally frustrating scenarios and global sector headwinds’. Publishing its results for the year ended 31 December 2019, XLMedia reported a full-year loss after it wrote down the value of its assets, reporting revenues of …

The relationship between payments and sports betting is one that’s constantly evolving as operators seek to maximise customer engagement through the most efficient processes possible.  As such, the need for an efficient payment experience has grown exponentially in recent years. That view is supported by Anthony Medica, Business Development Manager at ECOMMPAY, who believes that payments in sports betting are …

Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has confirmed the appointment of Rich Schneider as Group Chief Product Officer (CPO). A key new hire for SGC, Schneider has joined the executive team from Australia ASX competitor Aristocrat, where he served as CPO leading creative studios, hardware and product development. Updating investors, SGC governance details that it has secured an ‘industry …

Major sporting events across Ireland are to face further setbacks after the Irish government confirmed that all mass gatherings of over 5,000 people will be banned until 1 September. The new restrictions will impact the 2020 All-Ireland championships, the League of Ireland, racing festivals and a number of other sporting events. Issuing a statement, government sources have said that local …

A strong opening to 2020 trading for Francaise des Jeux (FDJ) has been halted by COVID-19 disruptions, said the company, impacting its lottery and sports betting retail networks. According to its Q1 2020 trading update, FDJ has recorded a 5% decline in stakes to €4.1 billion (Q12019: €4.3bn), underlining a 60% drop in retail sales since 16 March – the …

The Parliamentary All Party Betting & Gaming Group (APBGG) has confirmed that it has launched its review of the Gambling Act 2005, pre-empting the review to be launched by the Department for Digital, Culture, Media & Sport (DCMS). The review, which will take place online, will consider written evidence from industry stakeholders and hold a series of meetings with experts …

As the race to offer ever more varied and engaging markets to punters continues, a start-up B2B supplier has made the familiar experience of fantasy football games the central theme of its fixed-odds betting product.   20Shots has developed software that allows operators to offer a range of fixed-odds fantasy football markets, with fans able to bet on the performance of …

The government has urged UK gambling operators to ramp up its protection measures during the COVID-19 lockdown in a bid to mitigate what it has described as a “heightened risk of problem gambling”. In a letter to five chief executives of the largest gambling companies, the sports minister Nigel Huddleston (DCMS) has emphasised that “messages warning of risks and signposting …

GML Interactive, the operating company of Greek online bookmaker Stoiximan, has disclosed that OPAP SA will increase its majority shareholding in the betting group to 84.5%. The transaction will see Athens-listed OPAP continue to increase its equity in Stoiximan’s Greek and Cypriot operations, having become the majority shareholder of the betting asset in 2019 after securing a 51% stake for …