Europe

No respite will be offered to Italian gambling incumbents, as the newly installed 5Star-DP coalition government confirms the fourth set of tax hikes on gaming machines sanctioned over the past year. Inbound with 5Star-DP’s first ‘Budget Law’ decree, Italian gambling faces an increase in video lottery terminals (VLT) turnover tax to 9% – formerly set at 7.9%. Meanwhile, arcade operators …

Punters have shown little faith in PM Boris Johnson passing his Brexit deal in Parliament before the 31st October, with the possibility of a deal being reached currently trading at 3% on the Smarkets betting exchange.  Johnson continues to face an uphill battle in Westminster, having lost a succession of important votes since taking up the role of Prime Minister.  …

In this week’s edition of 6 of the Best, Kelly Kehn, Co-founder of All-In Diversity, tells SBC about her babymoon trip to Barcelona and San Sebastian, and which John Hughes movie tops the list as her best film. Best Holiday There are so many good ones, I think the best one was when I was about 7 months pregnant with my …

Seeking to reform its online gambling marketplace, the Greek government maintains that it will stand by its contested 35% tax charge on gross gambling revenues (GGR). At the start of October, the Greek government approved a series of reforms updating the nation’s gambling frameworks with regards to licensing and taxation. Controversially, the Greek government retained its 35% GGR tax charge but …

Racing content and data provider Sports Information Services (SIS) has secured a two-year extension to its current media rights agreement with the Dubai Racing Club (DRC).  Under the terms of the agreement, SIS will continue to hold the exclusive UK and Irish LBO rights and international online rights for Dubai’s Meydan Racecourse, alongside rights for international LBO customers for a …

Leading DACH-region bookmaker Tipico Sportwetten will enhance its betting shop engagement and all-round customer experience by utilising Bettorlogic content and analytics solutions. Securing a new partnership, Tipico will deploy Bettorlogic’s extensive betting content service across its entire German and Austrian retail portfolio. The agreement will see Tipico’s 1,200 betting shops upgraded with Bettorlogic’s comprehensive range of live updates and further …

Stockholm-listed Betsson AB reports a further trading quarter of corporate adjustments, as the online gambling group continues to experience multiple challenges across its core operating markets. Publishing its Q3 2019 trading update (period ending 30 September), Betsson continues to report ‘weak trends’ across Sweden and the Netherlands, recording an 11% decline in group revenues to SEK 1,275 million (Q3 2018: SEK …

Expekt, one of Europe’s oldest online sportsbooks, has confirmed that it will no longer operate its services for the UK. Issuing a player communication, the Betclic Everest Group subsidiary confirms its UK market closure, informing customers that it will ‘suspend its activities for the British market as of 31/10/2019’. The legacy sportsbook will no longer accept UK deposits but will …