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With the highly anticipated Canadian Gaming Summit approaching on June 18-20, SBC’s Affiliate Leaders had the privilege of catching up with JD McNamara, VP of Operations-Canada at Better Collective, for an exclusive chat ahead of his appearance as a speaker at the Summit. McNamara, who brings a wealth of insider knowledge and expertise to the table, delves into Better Collective’s …

Betsson AB opens 2024 trading by achieving its ‘highest income generating quarter’, ahead of a busy summer of sports for its global brand portfolio across all geographies.  The Stockholm-listed online gambling group trades with confidence as Q1 revenues stand at a peak €248m – up 12% on 2023 comparatives of €221m.  Headline revenues reflect a record customer activity of its …

Industry reformists at the House of Lords have stated that the Gambling Review’s White Paper falls significantly short on advertising policies and reforms to protect the public from harm. This afternoon, the House of Lords hosted a short debate on the “Impact of gambling advertising, marketing and sponsorship on problem gambling”, put forward by Lord Foster of Bath (Liberal Democrats). …

A new bill to amend the Gambling Act has been proposed by Bulgaria’s biggest political party GERB, together with the Movement for Rights and Freedoms party (DPS).  Targeting untargeted advertisements  The amendments put forward by DPS’s Yordan Tsonev and Temenuzka Petkova from GERB envision to ban gambling advertisements on the TV, radio, print and online outlets, as well as all …

Kindred Group CEO Nils Andén has played down the risk of online slots being banned in the Netherlands or that Dutch market KOA uncertainties will derail the €2.6bn bid from Français des Jeux (FDJ) as recommended to investors. Speaking during the group’s Q1 call with analysts this morning, Andén said the recent proposal to ban online slots was just “a motion, so ultimately …

Kindred Group Plc has detailed a ‘solid start’ to the year’s trading, maintaining focus on growth in core European markets and Australia. Publishing its Q1 2024 trading update, the Stockholm-based online gambling group’s Q1 revenues stand equal with 2023 comparatives of £307m. Period trading reflected marked improvements in the Netherlands (+24%) and the UK (+20%), as Kindred’s Western Europe segment …

France’s gambling sector grows as regulator says “demanding regulation is not a brake on growth”. France’s sports betting and gaming operators saw their gross gaming revenues rise 3.5% YoY and reach €13.4bn in 2023. National regulator the Autorité Nationale des Jeux said all market verticals had “recorded GGR growth after a (period of) stabilisation in 2022” linked to Covid19 and …

The UK government has published its response to the Culture, Media and Sport Committee of the House of Commons observing sessions and consultations related to the Gambling Review.  Chaired by Dame Caroline Dinenage (MP), in December, the Committee published its ‘second report of sessions 2023-to-2024’ related to implementing changes and proposals outlined by the Gambling Review’s White Paper. The remit …

888 Holdings has detailed a positive start to year trading, as the LSE gambling group prioritises the objectives of its Value Creation Plan (VCP). Publishing a Q1 trading update, 888 revenues stand at £431m, with results tracking slightly above the £420-430m guidance outlined by FY23 Results on 26 March 2024. Improved headline results carry notice that “the Group continues to …

New developments in Brazil see the Secretariat of Awards and Prizes (SPA) publish the ‘Normative Ordinances’ related to payment authorisations, required to establish the general rules that operators of sports betting and online gaming in the country must abide by for financial transactions. Titled as ‘the Payment Ordinance‘, the framework dictates that deposits, withdrawals, and prize payments can only be …