The UK Gambling Commission (UKGC) has posted a personal response from CEO Andrew Rhodes regarding “misunderstandings around financial risk checks and what they really mean”. In a blog and video posted on the Commission’s website, Rhodes seeks to answer important questions and clarify the most frequent misconceptions related to financial risk checks. Having initiated the consultation phase of the gambling …
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Writing for SBC News, John Gordon dispels the myths that Incentive Games is a Free-to-Play games provider as he walks us through the company’s unique business model. I’m banning the phrase ‘free-to-play’ in the Incentive Games office. Yes, I know what you’re thinking: “But isn’t that exactly what you do?” No. Let me explain… Some people, when they hear F2P, …
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Playtech Plc has reaffirmed all financial year targets as group trading outperforms all corporate expectations, despite operating profits being dragged by tax impairments. Posting its Interim 2023 results, Playtech declared a record H1 2023 performance with Adjusted EBITDA increasing by 10% to €219.9m (H1 2022: 199.1m) and total group revenue up by 8% to €859.6m (€792.3m). However, period trading saw …
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Home to more than 50 countries and some of the world’s fastest growing economies, not least amongst them Nigeria, it is no surprise that Africa has caught the attention of several prominent bookmakers. The likes of Betsson (Betsafe), 888 Holdings (888AFRICA) and Betway have all found a foothold on the continent, but according to Olabimpe Akingba, Executive Secretary of the …
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The UK has fallen behind on research into gambling, Stuart Andrew, Gambling Minister, admitted to MPs this morning, as he reiterated the need for a ‘balanced and proportionate’ approach to emerge from the White Paper consultations. These consultations, conducted by the UK Gambling Commission (UKGC) and DCMS, are seeking to pave the way for adoption of the Gambling Act review …
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GR8 Tech will continue to drive further growth after announcing three new hires for its commercial development team. Yevhen Krazhan has joined GR8 Tech as its new Head of Global Sales, while Kiril Nestorovski has joined as a Sales Director and Steven Paton as a Senior B2B Sales Manager. In his role, Krazhan will be responsible for identifying new paths …
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Allwyn International cites confidence in achieving its full-year 2023 corporate objectives as group subsidiaries (legacy and acquired) maintain ‘organic growth’. Publishing its Q2 ‘preliminary results’, an enlarged Allwyn sees its lottery portfolio generate consolidated revenues of €2bn for the first time and adjusted EBITDA of €381m (+35%). Headline growth reflects a 115% year-on-year increase, primarily driven by the recent acquisition …
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Flutter Entertainment Plc begins a new corporate governance era as Chairman Gary McGann steps down from all directorship duties effective 31 August. As of 1 September, the board of the FTSE100 gambling group will be led by US executive John Bryant serving as Chair of the Flutter Board and Chair of the Nomination Committee. Closing 2022, Flutter notified investors that …
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September is poised to be the make-or-break month for the passage of Brazil’s desired federal sports betting marketplace, as pressure mounts on the government to settle final terms. Yesterday, Arthur Lira, President of the Chamber of Deputies, declared that a Bill to launch and regulate Brazil’s sports betting market must be presented by 9 September. The matter carries a ‘constitutional …
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Priscila Pio, Head of Sales at BetanDeal, an affiliate marketing agency for the sports betting and casino sectors, sat down with SBC Media ahead of her appearance at SBC Summit Barcelona. Pio will be one of the speakers discussing the dos and don’ts in affiliation, a field that has undergone a transformation as technology and player habits evolve. Throughout the …
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