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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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GambleAware launches high impact ‘Bet Regret’ campaign

GambleAware has announced the launch of its latest gambling-harm awareness campaign – ‘Bet Regret’ – aiming to raise public awareness of betting triggers and impulsive behaviours. Seeking maximum impact, the Bet Regret campaign will be launched during Sky Sports’ broadcast of Manchester United vs Liverpool FC on Sunday 24th February, a match which is expected to generate the highest TV audience for the …

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SportPesa denies €80 million Kenya player winnings tax dispute

Business Daily Africa has reported that the Kenyan Revenue Authority (KRA) has placed a demand for a minimum KSH 10.3 billion (€80m) on market-leading bookmaker SportPesa, attached to backdated taxes spanning a period of three-years. The KRA tax charge has been filed against SportPesa’s private entity ‘Pevans East Africa’, stating that the betting group had withheld taxes that should have …

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EGBA – Lotteritilsynet punitive actions prove that Norway needs gambling reform

The executive of pan-national industry trade body – the ‘European Gaming & Betting Association – EGBA’, has accused Norway’s gambling authority Lotteritilsynet of regulatory over-reach for demanding that national banks block payments deemed to correspond with online gambling transactions. EGBA governance reacts to weekend news reports that Lotteritilsynet is actively targeting the restriction of payments of six Malta MGA licensed operators …

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Governor Chris Christie to join Sports Betting Hall of Fame at Betting on Sports America

Christie

Governor Chris Christie is to be recognised by the sports betting industry for the pioneering role that he played in widening the scope for sports betting in the US. During his time as State Governor for New Jersey, Christie was instrumental in generating the political will to revisit and challenge the federal ban on sports betting via the PASPA, which …

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Irish betting nerves tested by critical tax judgement

Ireland is awaiting the final review of its proposed bookmakers’ turnover tax hike which would effectively double the tax that bookmakers are obliged to pay from one to two per cent. Numerous industry stakeholders have voiced concerns surrounding the damaging effects that the tax hike could have on the Irish gambling industry, and especially how the tax hike would affect …

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LeoVegas AB announces raft of new leadership appointments

LeoVegas - Premier League

Further to publishing its 2018 full-year results, Stockholm-listed LeoVegas AB has confirmed that it has strengthened the firm’s executive management team, announcing three key new hires. As previously communicated, seasoned digital strategist Richard Woodbridge has joined LeoVegas’ executive team as new Group Chief Operations Officer (COO). A fresh industry recruit, Woodbridge has formerly served as the digital operations lead for …

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Lotteritilsynet deepens Norway payment blackout

Norway’s gambling authority Lotteri-og Stiftelsestilsynet (Lotteritilsynet), continues its hardened stance against remote gambling operators, deemed to be illegally targeting national consumers. Upping its command on restricting remote gambling services, this weekend Lotteritilsynet revealed that it had ordered all Norwegian licensed banks to block payment transactions which could be identified for the purposes of online gambling. The Times of Malta reports …

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UKGC calls for advice on customer interactions, ADR & gambling blockers

Wooden Blocks with the text Advice. Wooden ABC

Calling on all industry operators and stakeholders to participate in its latest consultation, the UK Gambling Commission (UKGC) has sought advice, information and knowledge on the following three disciplines: Safeguarding customer interactions – The Commission seeks to asses how gambling businesses identify and interact to help customers who may be at risk of or experiencing harms associated with gambling. Developing …

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Racing Point F1 begins ‘New Era’ with SportPesa as lead sponsor

Seeking to amplify its European market profile, leading Kenyan bookmaker SportPesa announces that it has become the lead/title sponsor of the ‘Racing Point’ Formula 1 team. The move sees SportPesa, confirm early 2019 rumours that the bookmaker was seeking to become the first title-related betting sponsor of a F1 Team, following the sport’s governance lifting restrictions on betting sponsorships and …

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