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UKGC fines Gamesys £6m for deficiencies in customer responsibility and AML duties

SBC News UKGC fines Gamesys £6m for deficiencies in customer responsibility and AML duties

The UK Gambling Commission (UKGC) has issued a £6m penalty against Gamesys following an investigation revealing social responsibility and Anti-Money Laundering (AML) failings. The £6m penalty has been imposed on the business entity Gamesys Operations Limited, the multi-brand operator of 16 websites including Ballycasino.co.uk, Doublebubblebingo.com, Jackpotjoy.com, and Megawayscasino.com. As part of the settlement, Gamesys will have to undertake a “third-party …

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Soft2Bet to showcase MEGA platform with ICE workshops

SBC News Soft2Bet to showcase MEGA platform with ICE workshops

Soft2Bet has set out its stall ahead of next month’s ICE London where it will showcase its Motivational Engineering Gaming Application (MEGA), described by the company as “game-changing gamification technology”.  The firm will be hosting workshops, talks and discussions to show how MEGA’s personalisation and localisation features help drive engagement and revenues. Product Manager Olga Melnyk will be hosting the …

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XLMedia seeks new CFO as Caroline Ackroyd departs leadership team 

SBC News XLMedia seeks new CFO as Caroline Ackroyd departs leadership team 

The board of XLMedia has announced that Caroline Ackroyd has notified the board of her intention to resign as Chief Financial Officer (CFO) of the London AIM iGaming media publisher. Updating investors, XLMedia informed that Ackroyd will maintain CFO duties until 31 March 2024 to assist the executive leadership team with an orderly transition. Ackroyd has served as XLMedia’s CFO …

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Bacta urges DCMS to increase Gaming Machine stake and prizes

SBC News Bacta urges DCMS to increase Gaming Machine stake and prizes

Bacta has stated that it has ‘fired the starting gun’ on its engagement with DCMS in the interest of UK amusement and gaming machine industry stakeholders. The trade body has issued an ‘evidence-based’ response to DCMS with regards to increasing the maximum stake and prizes offered by gaming machines in UK adult entertainment venues. Writing to DCMS Secretary of State, …

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PDC & Prostate Cancer UK reflect on BIG 180 campaign at ‘iconic’ World Champs

SBC News PDC & Prostate Cancer UK reflect on BIG 180 campaign at 'iconic' World Champs

The Professional Darts Corporation (PDC), along with the CEOs of Prostate Cancer UK, have responded to the success of THE BIG 180 campaign at the World Championships. Launched in partnership with Flutter Entertainment-owned Irish bookmaker Paddy Power, the campaign sought to raise money for awareness of Prostate Cancer UK’s charitable operations. The BIG 180 saw Paddy Power pledge to donate …

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Fitzdares hires ‘betting IT guru’ Nick Dutton as new COO

SBC News Fitzdares hires ‘betting IT guru’ Nick Dutton as new COO

British bookmaker Fitzdares has announced the hiring of Nick Dutton as its new Chief Operating Officer. With 36 years’ experience in IT & technology roles largely within the gaming sector, Dutton joins Fitzdares with immediate effect, where he will oversee technological improvements that will drive brand growth and provide an unrivalled user experience for all Fitzdares members. The company has …

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Bet365 ready for UK adjustments as revenues return to +£3bn 

SBC News Bet365 ready for UK adjustments as revenues return to +£3bn 

Bet365 has declared an underlying loss of £60m for the financial year of 2022/2023, attributed to expanding its technology resources and growing its corporate headcount to over 7,600 global staff. The loss was detailed in the private company’s 2022/2023 accounts, which were published on Companies House, spanning a 52-week period up to 26 March 2023. Despite the loss, Bet365 reported …

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SIS extends Playtech partnership to include Competitive Gaming

SBC News SIS extends Playtech partnership to include Competitive Gaming

SIS (Sports Information Services) has extended its partnership with Playtech to continue supplying its end-to-end esports betting product, Competitive Gaming. The deal will now see the entire library of SIS’ Competitive Gaming content – with over 150,000 annual events provided across ebasketball and esoccer contests – be accessible to Playtech’s extensive global network. Andy Kelly, Head of Commercial Partnerships at …

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888 recruits Ian Gallagher as Chief Product Officer

SBC News 888 recruits Ian Gallagher as Chief Product Officer

888 Holdings has hired Ian Gallagher as its Chief Product Officer. Starting the role back in December, Gallagher will be in charge of 888’s product vision, strategy and development of its global brands and business units such as 888, William Hill, Mr Green and Sports Illustrated. Gallagher will be directly responsible for the LSE gambling group’s teams of product managers, engineers, designers, and …

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