“Some people will understand, some won’t. But there was a point when betting was the reason I was getting out of bed in the morning. Not the football, not my family, I just got up and placed bets, that was it. It was all I wanted to do.” Whether it’s the lifestyle, passion for the game or simply it’s a …
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Publishing its full-year 2018 results, the governance of London-listed JPJ Group declares that it has delivered record revenues and corporate earnings, ahead of its market consensus. Completing year-two as an LSE enterprise, JPJ records a 10% increase in group revenues to £319 million (FY2017: £289m), despite its flagship Jackpotjoy (UK) brand delivering a flat revenue performance of £216 million Whilst …
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Detailing an ‘industry first’, Åland Island (Finland) based betting group Paf has moved to openly publish a detailed breakdown of its customers’ annual wins and losses as part of its corporate social responsibility mandate. Updating the market, Chief Executive Christer Fahlstedt detailed that the initiative would bring stakeholder transparency to Paf’s player wagering limits and further sustainability directives. “We are probably …
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The UK government’s independent Regulatory Policy Committee (RPC) has published its assessment of the Department for Digital, Culture, Media & Sport (DCMS) policy enforcement on ‘FOBTs wagering and social responsibility standards’. The RPC has reviewed whether DCMS inbound UK gambling FOBTs regulatory policy (to be enforced 1 April 2019), has effectively assessed social costs/benefits, industry impacts and further macro dynamics. …
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With only a few days until the Betting on Football conference returns to Stamford Bridge, SBC has introduced a new format to one of the panels which will allow the audience to pose the big questions to some of the industry’s most influential figures. Set to bring the Leadership in Betting track to a lively close on Wednesday 20 March, …
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Irish betting/gambling stakeholders have agreed to establish the ‘Gambling Awareness Trust’, aiming to improve Ireland’s problem-gambling harm networks, counselling, research and treatment. The Trust has been established as an independent charity and has received a commitment of €1 million in initial funding from the Irish Bookmakers Association (IBA). In its mandate, the Gambling Awareness Trust seeks to fund research of …
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Czech private equity firms KKCG and EMMA Capital have confirmed that they will move to split the ownership of assets in pan-European betting and lottery operator SAZKA Group. SAZKA is the Czech national lottery operator, which holds majority/significant holdings in European operators – OPAP Greece (33%), Casinos Austria (30%), LOTTOITALIA (33%) and SuperSport Croatia (67%). Agreeing on undisclosed terms, the …
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Maarten Haijer, Director General of the European Gaming & Betting Association (EGBA), has urged European Union policymakers to push for the development of a common rulebook on online gambling protections, standards and safeguards. Writing a guest post on EU news source Politico.eu, Haijer reaffirms EGBA’s position that a reported +12 million European online gambling consumers are being underserved by inconsistent …
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The UK Gambling Commission (UKGC) has issued a statement on the closure and sale of former licensed incumbent BetBright. On Wednesday 6 March, BetBright announced its closure, having sold its entire technology stack and assets to London-listed online gambling group 888 Holdings for £15 million. In its statement of closure, BetBright confirmed that all player funds and winnings would be …
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Stockholm-listed online gambling firm Kindred Group Plc has published its 2018 corporate sustainability report, outlining key long-term social responsibility commitments and targets for its enlarged enterprise. Updating stakeholders, Kindred Chief Executive Henrik Tjärnström details the enhanced responsibility placed on the online gambling group, which in 2019 services 25 million customers, across Europe, the US and Australia, operating 11 brands and employing …
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