As 2019 comes to a close, SBC looks back on the year to highlight major news that you might have missed in the sports betting world. This inaugural edition looks at January and more specifically at Insider Sport’s take on football’s 3pm blackout, GambleAware’s backing of self-exclusion, David Clifton’s sports betting predictions for the year and the UK high-street bank …
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LatAm foul play adds €15m losses to Codere 2019 accounts
Commissioned by Codere SA governance, ‘Big 4’ accountancy EY has confirmed a total impact of €15 million losses attributed as ‘intentional LatAm inconsistencies’ which will be accounted for in the Bolsa Madrid gambling group’s full-year 2019 results. October trading saw Codere declare to Spain’s CNMV markets authority that year-to-date accounts had been overstated by a reported €13-20 million attached to …
Read More »MGA report reveals 13 licences refused between January and June
The Malta Gaming Authority (MGA) has revealed that it had issued 13 licence refusals between January and June 2019 as confirmed in its interim performance report. The report reviews the performance of the MGA, highlighting major projects undertaken during the first six months of the year. It revealed that six of the 13 licence refusals were issued at onboarding and …
Read More »LV Bet names Jarosław “Pashabiceps” Jarząbkowski as new brand ambassador
Malta-licensed online betting group LV Bet has named former member of the “Virtus.pro” organisation, Jarosław “Pashabiceps” Jarząbkowski as its new brand ambassador, who will work with the operator in promoting esports. The cooperation between LV BET and its ambassador aims to strengthen brand recognition across the internet and among Polish market players interested in esports. “We are pleased to take this …
Read More »EveryMatrix ups commitment to Kids Academy as it celebrates five years
Industry platform and systems provider EveryMatrix has reaffirmed its commitment to maintain and expand its Kids Academy corporate social responsibility programme as it celebrates five years of the initiative. The project aims to offer Romanian children the chance to access quality education that would be otherwise unavailable to them, across computer science, mathematics and English. Ebbe Groes, Group CEO of …
Read More »KSA outlines plans to tackle illegal games of chance
Dutch gambling regulator Kansspelautoriteit (KSA) has outlined new proposals which would identify and tackle illegal land-based games of chance. The plans, which will come into force in 2020, will highlight the need to collaborate more local authorities across the Netherlands, having set targets to support authorities at least 50 times during the next 12 months – a marked increase on …
Read More »Martin Lycka: My letter to Gambling Santa
In the latest of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka pens a letter to the Santa of Gambling and hopes that, for a change. the industry is on the ‘good’ list. Dear Gambling Santa, My name is Martin and I am probably a little too old to write to you. …
Read More »Children see one gambling ad for every five by adults in 2018
Gambling accounted for just 2.2% of the average 141.9 adverts seen by children each week in 2018 according to new figures published by the Advertising Standards Authority (ASA), which confirmed that children’s exposure to gambling adverts, relative to adults, has fallen from 38.6% in 2008 right down to 20.4% last year. The new report by the UK’s independent advertising regulator …
Read More »Updated AML regulations to come into force in January says UKGC
The UK Gambling Commission (UKGC) has confirmed that the updated Money Laundering Regulations, which will oversee the implementation of the EU 5th Money Laundering Directive, will come into force on 10 January 2020. The changes to the AML requirements will mean that all land-based and remote casino operators licensed by the UKGC must continue to carry out business reviews ‘and …
Read More »RSPH calls for government to classify loot boxes as gambling
The Royal Society for Public Health (RSPH) has called for the introduction of legislation which would prevent gambling operators from acting as title sponsors for sports clubs in a new report published today. The report, entitled Skins in the Game, surveyed 1,025 young people between 11 and 24 across the UK. In this report, RSPH has called upon the new …
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