London-listed Gamesys Group (formerly JPJ Group Plc) has moved to strengthen its customer on-boarding capacity appointing TruNarrative as its ‘single platform’ compliance solution provider. The agreement sees Gamesys utilise TruNarrative’s all-in-one compliance solution across its digital portfolio, providing provisions for fraud detection, ID verification, behavioural monitoring, AML and KYC referencing. Updating stakeholders, Gamesys detailed the importance of managing compliance enforcements …
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Tower Hamlets Council to restrict locations of new betting shops
London’s Tower Hamlets Council (E14) has confirmed proposals to implement a revised gambling policy which will prevent gambling shops from opening in a number of areas across the borough. The East London council, which was amongst a number of others to lobby for a change in FOBT legislation, has only approved the application of one new betting shop over the …
Read More »Betfred signs streaming and data deal with At the Races
Betfred has inked a multi-year turnover based streaming and data deal with At The Races (ATR), which will allow both parties to work aside one another to deliver digital content innovation. The agreement, set to start in January 2020, will cover the delivery of streaming and raceday data, which ATR sells as a licensee for its racecourse rights holders across …
Read More »RAiG launches social responsibility audit
Responsible Affiliates in Gambling (RAiG) has published the details of its social responsibility audit, which will provide assurance that RAiG members are compliant with relevant UK regulatory requirements. The audit, which will be repeated on an annual basis, will place significant focus upon the improvement of consumer safeguards within the gaming industry, as well as facilitating the implementation of good …
Read More »Gambling Act to face scrutiny regardless of election outcome
The 2005 Gambling Act will come under scrutiny from three of the major UK political parties, after the Conservatives, Labour Party and Liberal Democrats have all outlined changes to the legislation in their manifestos ahead of the upcoming General Election. Speaking in Telford yesterday, Boris Johnson described the current Gambling act as “analogue” in a “digital age”, while also emphasising …
Read More »Sportech recovery driven by operational efficiencies
The governance of London-listed Sportech Plc has detailed confidence in the firm’s performance and future prospects as 2019 trading is forecasted to surpass ‘adjusted EBITDA expectations’. Updating investors, Sportech governance details that the company has benefited from ‘operational efficiencies’ implemented across the firm’s business channels, forming part of Sportech’s wider group transformation programme. During the course of 2019, the racing …
Read More »Keir Adams, SBTech: Pricing betting’s most unpredictable market
Bookmakers will have their political credentials put under the spotlight once again, as the UK prepares for a general election on Thursday 12 December. Following year-on-year political upsets since 2015, Keir Adams, Head of UK Sports at SBTech, spoke to SBC News about pricing betting’s most unpredictable market. SBC: How do you price an election? And how do you price in …
Read More »High stakes and drama anticipated for National Lottery 2020 tender
2020 will see a battle of titanic egos and high stakes take place, as the UK Gambling Commission (UKGC) launches its tender to operate the fourth National Lottery contract from 2023. Monitoring early developments, UK media has branded the National Lottery tender as one of 2020’s most intriguing business narratives, as incumbent Camelot defends its position against hostile competitors seeking …
Read More »Conservative manifesto brands Gambling Act as analogue
Mirroring Labour and Lib-Dem pledges, the Conservative Party states that it will sanction a review of the Gambling Act after publishing its ‘Get Brexit Done – Unleash Britain’s Potential’ General Election 2019 manifesto. Speaking in Telford (Shropshire) this Sunday, PM Boris Johnson presented the 60-page document outlining how the Conservative government would ‘forge a new Britain’ outside of EU restraints. …
Read More »Playtech points to ‘strong core’ as TradeTech struggles
Publishing its latest year-to-date trading update, the governance of Playtech Plc has disclosed that full-year adjusted EBITDA will be below market consensus, despite the firm’s ‘core business’ segments continuing to perform strongly. The FTSE250 technology group attributes its earnings slowdown to financial unit ‘TradeTech’, which expects 2019 results to be ‘well below management expectations’. Updating investors, Playtech governance informs that …
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