The executive of Buenos Aires has signed into law the mandate of the ‘2019 Budget Law’, which revamps BA’s gambling framework, introducing Argentina’s first online gambling legislative code, operating within the province of Buenos Aires. Last December, BA districts approved Decree 181 of the 2019 Budget Law, allowing for seven BA online gambling licenses to be granted, servicing sports betting, …
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The Responsible Gambling Strategy Board (RGSB), the policy and standards advisory unit for the UK Gambling Commission (UKGC), has rebranded as the Advisory Board for Safer Gambling – ABSG to reflect its deeper focus on safer gambling initiatives and protections. The independent advisory undertakes its rebrand as Dr Anna van der Gaag CBE begins her tenure as new chair, replacing long-term …
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From today (Monday 1 April), UK gambling will enforce its £2 stake limit on Fixed Odds Betting Terminals (FOBTs – B2 Machines). Neil McArthur, Chief Executive of the UK Gambling Commission (UKGC), has written to betting leadership, reminding all stakeholders of their responsibilities in ensuring consumers are protected. The UKGC Chief Executive, warns leadership that safer gambling enforcement will be …
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Athens-listed gambling group OPAP SA has published its full-year 2018 results, detailing a transformative year for its business, undertaking a number of critical upgrades and refinancing its operating structures. “2018 marked the 60th anniversary of OPAP’s foundation and the entire OPAP team is proud of what was achieved in this historic year. We successfully delivered all of our key business …
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The executive team of Toronto TSX-listed The Stars Group Inc has today disclosed the firm’s medium-to-long term directives, having significantly enlarged its global identity acquiring Sky Betting & Gaming (Sky Bet) and the Australian assets of CrownBet and William Hill Australia. Today in New York, the Stars Group hosted its ‘Investor Day’, outlining core potential growth opportunities, medium-term financial planning, …
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Marked as a major corporate milestone, Gaming Innovation Group (GIG) will begin trading as a Stockholm Nasdaq enterprise today (Tuesday 26 March), having secured main market listings approval. Moving forward, GIG will now operate as a dual-listed enterprise, with its shareholding maintained on the Stockholm Nasdaq (ticker – GIGSEK) and Oslo Børs (ticker – GIG). GIG’s Stockholm IPO has been assisted …
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Germany’s Bundesrat has finally agreed on the make-up of its inter-state mandate moving to revamp its federal gambling framework by 2021. However, featuring an overly complex licensing procedure and muddled policies, strategic consultancy Regulus Partners finds little to cheer on ‘German progress’… __________ Germany has done what it was expected to with regard to online gambling policy, possibly for the first time …
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France’s Senate has revealed that it will review the proposed sale of state-owned assets Française des Jeux (FDJ) and Aéroports de Paris (ADP) this April. The decision follows the approved passage of the ‘PACTE Loi’ mandate, which seeks to implement the En Marche government’s headline ‘Enterprise and Innovation’ programme, which will move to privatise a number of French public firms and …
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Updating the market, the Malta Gaming Authority (MGA) has published it’s ‘Preliminary Market Consultation – PMC’ document requesting information and guidance on the planned development and launch of its ‘Unified Self-Exclusion System’. A key project initiative for the MGA and its government stakeholders, the gaming authority seeks to deliver the most comprehensive self-exclusion system to be utilised by all licensed …
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This weekend, UK business news sources reported that GVC Holdings seeks a new Chairman, as incumbent Lee Feldman is preparing to announce his formal departure from the FTSE100 betting group. The news of the departure comes amid GVC investor backlash at Feldman and Chief Executive Kenneth Alexander having offloaded a combined 3 million of company shares, at the presumed ‘discounted …
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