The Liberal Democrats have confirmed the appointment of Mike Dixon as new Chief Executive of the party from 21 October. Dixon will take control of Lib Dem operations and strategic planning, having formerly served as Chief Executive of ‘Addaction’ – a UK-wide support network for people recovering for drug/alcohol addiction and mental health issues. Regarded as one of the UK …
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Sportsbook supplier Betby has outlined plans for international growth, after revealing plans to expand into a number of new betting and gaming markets. The supplier, which launched its Casino-x and Joy Casino brands earlier this year, hopes to deliver a wide range of both promotional and marketing features to operators considering entering the sports betting sector. BETBY’s CCO Chris Nikolopoulos believes the …
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President and CEO of Svenska Spel, Patrik Hofbauer, has backed proposals to issue a further crack down on selected sports betting markets as suggested by the Swedish Government. The proposed ban follows on from a meeting held between Sweden’s social security minister Ardalan Shekarabi, the Swedish Football Association (SvFF) and the Swedish Ice Hockey Association which discussed the potential for …
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Rank Group Plc has detailed further progress for the firm’s transformation objectives and confidence in future prospects, as the London listed gambling group publishes its latest trading update for the quarter ending 30 September 2019. Rank records a 10% increase in group like-for-like net gaming revenues (NGR), detailing strong continued growth across its digital channel up 16% NGR. Maintaining its digital …
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With only 16 days to go until the Brexit deadline, the UK has been granted ‘national listed status’ by the European Union, which will ensure that racehorses can move across the borders in the event of a no-deal Brexit. While barriers to ‘seamless’ movement will still be in place, the third-country status is hoped to provide certainty for owners and …
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Italian gambling incumbents are set to undertake further market adjustments, as the new 5Star-DP coalition government publishes the draft decree of its planned ‘Budget Law’. Following on from 2019’s gambling advertising ban established by the former Lega-5Star coalition government, in 2020 Italy will move to establish new payment processing laws and operator AML registry. New fiscal provisions introduced to the …
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Sweden’s Administrative Court has confirmed that it will reduce a penalty issued to Casino Cosmopol in 2018 from SEK8m to SEK3m, however national gambling regulator Lotteriinspektionen could appeal against the ruling. The fine, issued in relation to systematic deficiencies in Casino Cosmopol’s policies related to money laundering and terrorist financing in November 2018, were found to have ‘serious and systematic’ …
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Isle of Man licensed online bookmaker MustardBet has informed customers that it has ceased trading by issuing a notice of closure across its digital platforms. The bookmaker confirmed that it has begun returning balances back to customers, which it aims to fulfil within the next 72-hours. Closing its wagering markets, MustardBet has been praised for confirming that ‘all unsettled customer bets …
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The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …
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Parimatch has extended its sponsorship deal with Cypriot First Division champions APOEL Football Club for the fourth consecutive season. As part of the renewed sponsorship deal, the Parimatch logo will continue to be printed on the front of the APOEL FC players match jersey, with the partners also continuing to work together on charitable and community-led initiatives. Sergey Portnov, CEO …
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