Featured News

News that the SBC Team choose to highlight

Domenico Mazzola, Flows: advanced tech & data key to ensuring player welfare

SBC News Domenico Mazzola, Flows: advanced tech & data key to ensuring player welfare

In a world where engagement, acquisition and retention have arguably been key topics of conversation for many years, the necessity of ensuring a safe environment for players is one that has eclipsed all of these to be placed front and centre of the industry’s attention. With the role of automation in player engagement previously examined by Flows, Sales Director Domenico …

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Brazil postpones betting vote as Senate is divided on the status of online casino

Pro-gaming Senator Angelo Coronel named a Rapporteur for Brazil Betting Bill

The final vote needed to approve the launch of Brazil’s federal sports betting marketplace has been postponed. The plenary of the Federal Senate was scheduled to vote on Bill 3,626/23 today (Wednesday, 29 November). However, last-minute deliberations see senators divided on the inclusion of online games (casino) incorporated in the bill’s text. Bargaining reportedly went down to the wire, but …

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Kindred calls on full North American exit

Nils Andén, Kindred CEO

Kindred Group Plc has announced its outright exit from all North American markets, as part of its ongoing strategic review overseen by a new executive leadership team. This morning investors were informed that “Kindred will exit the North American market with the expectation of completing this exit by the end of Q2 2024, subject to regulatory approval.” The Stockholm-listed online …

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Entain investors told that MGM has eyes only on BetMGM

SBC News Entain investors told that MGM has eyes only on BetMGM

US casino giant MGM Resorts will not be making a bid for the whole of Entain as the pressure from activist investors on the UK group’s CEO Jette Nygaard-Andersen shows few signs of easing following last week’s Financial Times reports of shareholders moving against her. According to sources close to the group, the US casino giant is “not interested” in bidding …

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OKTO: solid partners & reliable, robust paytech key to long-term LatAm expansion

OKTO Commercial Director, Galina Bineva.

“There’s been a shift, but for the last year there has been a lot of insecurity within the operator space.” This began a recent deep-dive into the Brazilian and LatAm market in general as OKTO Commercial Director, Galina Bineva, adopted a Latin American focus during a recent sit down with SBC Media. Despite a plethora of global jurisdictions being on …

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Entain to settle HMRC Turkish dispute with + £600m payout

SBC News Entain to settle HMRC Turkish dispute with + £600m payout

Entain Plc has reached an ‘in principle’ agreement with the Crown Prosecution Service (CPS) to resolve its Deferred Prosecution Agreement (DPA) concerning the investigation by HM Revenue & Customs (HMRC) of its former Headlong Turkish business. This afternoon, Entain informed investors of obtaining preliminary judicial approval from Dame Victoria Sharp, President of the King’s Bench Division, to finalise a £585m …

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UKGC explains experimental findings of new UK gambling survey 

SBC News UKGC explains experimental findings of new UK gambling survey 

The UK Gambling Commission (UKGC) has announced the completion of a key corporate project, the publication of the “Gambling Survey for Great Britain Experimental” data release. Head of Statistics Helen Bryce documents that three years ago, the UKGC initiated a project to enhance data collection on adult gambling participation and problem gambling prevalence in Great Britain. The project, adopting a …

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Brazil CAE settles on tax and fiscal duties of federal sports betting market  

SBC News Brazil CAE settles on tax and fiscal duties of federal sports betting market  

The Economic Affairs Commission (CAE) of the Senate of Brazil has concluded its review of the tax and fiscal modalities of Bill 3,626/23 – submitted by the government to regulate a federal fixed-odds betting market.  The review marks the final assessment of Bill 3,626/23 by a legislative advisory, as the Senate will forward the Bill to the Plenary of the …

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Stuart Andrew: UK government committed to modernising land-based gaming

SBC News Stuart Andrew: UK government committed to modernising land-based gaming

DCMS Secretary Stuart Andrew has outlined the government’s intention to modernise and safeguard land-based gambling venues as a principal objective of a yet to be settled Gambling Review. The statement was made by the Minister whilst addressing an audience of British leisure and arcade stakeholders at the ‘Bacta Annual Convention 2023‘ – celebrating the 50th anniversary of the trade body …

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Spain sees Bustinduy take control of Garzon’s gambling reforms agenda 

SBC News Spain sees Bustinduy take control of Garzon’s gambling reforms agenda 

The Government of Spain has announced Pablo Bustinduy‘s appointment as the new Minister of Social Rights, heading the Ministry of Consumer Affairs. A member of the newly-formed Sumar Party, Bustinduy was among 22 new figures to be appointed by President Pedro Sanchez to the senior cabinet of Spain’s ‘Progressive Left’ coalition government. Following the inconclusive results of a snap General …

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