New UK industry trade association ‘Responsible Affiliates in Gambling (RAIG)’ has been formed in recognition of the role ‘affiliate marketing providers must play’ as part of wider UK industry initiatives promoting social responsibility and safer gambling standards. RAIG is founded by leading UK betting affiliate publishers; the Racing Post, Better Collective and Oddschecker, backing the RAIG’s mandate of ‘promoting social …
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The UK Labour Party has emphasised that online casinos which received licences after 2014 should have to reapply for operating licences after it was found by the UK Gambling Commission (UKGC) that over one third of operators were asked to improve their standards. The party’s deputy leader, Tom Watson, has penned a letter to both the UKGC CEO Neil McArthur and Jeremy …
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SBC (Sports Betting Community) has confirmed the permanent appointment of Jaap Kalma as Group Chief Commercial Officer. Kalma has been working with SBC for the past four months in an interim role as Business Development Director overseeing the growth into the sports sponsorship industry, having already partnered with SBC to launch the SBC Sponsorship Forum at last year’s Betting on …
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The Advertising Standards Authority (ASA) and the Committees of Advertising Practice (CAP) has hit a new high with the number of withdrawn or amended ads, as revealed in a newly published annual report. Online advertisements have outnumbered television adverts by almost three to one. While new projects to be undertaken by both organisations, as part of a new five year …
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British horseracing stakeholders have had to urgently initiate a plan of action following the recent Horserace Betting Levy Board’s (HBLB) announcement that estimated Levy income for the year ended 31st March 2019 will be some £78m, a fall of £17m from last year. News of the fall in yield were presented to racing’s HBLB representatives, Andy Clifton from the Racecourse …
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‘Know your customer’ is a phrase that almost always applies in the betting space to the person at the sharp end of the betting equation, namely the punter placing the bet. But it has equal if not greater importance further up the supply chain, especially if you’re a bespoke software supplier to those wanting to establish or enhance their sports …
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The penalty charges handed down by the UK Gambling Commission (UKGC) this week “won’t be the last of this size” according to Rhys David, CEO of Credas, who said the fines serve as a “timely reminder” of the regulator’s stance towards substandard anti-money laundering (AML) safeguards. The reaction of Credas – a provider of identity verification technology – came in …
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Arena Racing Company (ARC) has purchased a 45 per cent stake in i-neda Limited which will see them become an equal shareholder in the business alongside Dermot Desmond. The purchase is set to complement ARC’s position in the British horse racing industry, with i-neda set to offer a wealth of experience in developing betting and wagering technology. Kevin Robertson, ARC …
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FTSE100 gambling group GVC Holdings Plc will today host its Capital Markets Day, with corporate leadership outlining the firm’s ‘foundations for long-term market outperformance’. Presenting the firm’s strategic objectives and future prospects, GVC governance details progress on the firm’s enlarged agenda, a year following its transformative acquisition of Ladbrokes Coral. Citing an ‘accelerated migration’ of Ladbrokes Coral online brands onto …
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FTSE100 betting group Paddy Power Betfair (PPB), has moved to strengthen its corporate governance advisory, confirming the appointment of Nancy Cruickshank as a non-executive director. The appointment is confirmed, following PPB’s annual general meeting (AGM), where the FTSE firm’s investors approved of PPB’s upcoming rebrand to ‘Flutter Entertainment Plc’. Nancy Cruickshank is the current Senior Vice President of Digital Transformation …
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