Featured News

News that the SBC Team choose to highlight

Gambling White Paper lands on RET levy, ombudsman, age restrictions and affordability

SBC News Gambling White Paper lands on RET levy, ombudsman, age restrictions and affordability

After 28 months in development and overseen by the tenure of three Prime Ministers, three Secretaries of State and six junior Ministers, the Gambling Act review White Paper has finally been released this afternoon.  The White Paper sees the Conservative government fulfil a 2019 manifesto pledge made by PM Boris Johnson to overhaul the gambling sector by replacing its “analogue …

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A question of trust: EveryMatrix on why ‘every detail counts’ for lottery sportsbooks

A question of trust: EveryMatrix on why ‘every detail counts’ for lottery sportsbooks

Interest in sports betting from national lottery operators has remained consistent in recent years, with such companies across Europe and further afield maintaining sportsbook offerings and in turn requiring extensive support from the sector. EveryMatrix has been at the forefront of this convergence between lotteries and sports betting, particularly in Europe, where it has provided its solutions to several World …

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Henrik Tjärnström: UK White Paper a window of opportunity for Kindred

Kindred UK

Kindred Group has a history of navigating regulatory changes across Europe, Group CEO Henrik Tjärnström informed investors in a webcast this morning, and remains confident in the face of impending reforms in the UK, Belgium and the Netherlands. A very British future Answering a question from SBC following the group’s Q1 trading update, Tjärnström remarked that the upcoming UK White …

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Howard League: UK requires new national strategy on gambling-related crimes

SBC News Howard League: UK requires new national strategy on gambling-related crimes

Penal reform organisation The Howard League has alerted stakeholders that the Commission on Crime and Gambling Related Harms (CCGRH) has published its final report, urging the government to undertake a new strategic approach to address crime linked to gambling in the UK.  Of significance, the Commission has called for a greater ‘centralised response’ from the Home Office and Ministry of …

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Kindred evaluates ‘merger or sale’ after Q1 revenue climbs to £306m

Kindred

Kindred Group cites a return to positive trading in Q1 2023 after a difficult 2022, with profit noticeably recovering from a major dip last year, but the firm has detailed that it will continue to assess ‘alternative options’ to maximise revenue. A recovery from dire 2022 The company updated its Stockholm Nasdaq-investors this morning that ‘encouraging improvements’ across the first …

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A former ‘match made in heaven’ – Russell Yershon on betting’s Premier League future

SBC News A former ‘match made in heaven’ - Russell Yershon on betting’s Premier League future

Following the news that Premier League has chosen to reduce the coverage of gambling sponsorships, the future of the links those betting brands have with top-flight teams remains unclear for now. Speaking to SBC News, Russell Yershon, Director of Connectingbrands.co.uk – a sports marketing services company – explained the impacts that the decision will have on the industry as we …

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Brazil faces stand-off on betting income rights 

SBC News Brazil faces stand-off on betting income rights 

Addressing London’s LIDE ‘Brazil Business Leaders’ Conference on 21 April, Senate President Rodrigo Pacheco underscored the fiscal importance of implementing a federal sports betting regime.  The legalisation of sports betting was branded as a key component of President Lula da Silva’s ‘revenue strategy’, which aims to raise “potentially over RL100 bn ($18 bn) in 2023”. Pacheco revealed that the Senate …

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Meloni speeds up retail reforms to fix Italy’s fractured gambling laws

SBC News Meloni speeds up retail reforms to fix Italy's fractured gambling laws

A draft law is being fast-tracked across Italy’s constitutional ranks, to implement the long-awaited overhaul of the land-based gambling sector with the aim to standardise the sector’s laws and regulations.    The mandate, which was approved by the cabinet of PM Giorgia Meloni in mid-March, has been put forward to Parliament as of 20 April and will require the opinion …

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SBC Summit North America 2023 examines how to stay relevant in an ever-evolving landscape

SBC Summit North America 2023 examines how to stay relevant in an ever-evolving Landscape with its ‘Converging Worlds’ conference track

The “Converging Worlds” conference track at SBC Summit North America taking place at the Meadowlands Exposition Center, New Jersey, is set to discuss the trials and tribulations of cross-industry collaboration and how it can be utilised for further opportunities in the industry. With the industry so often consumed with the notion of brand awareness and individuality, the emergence of digital …

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CBF toughens stance on 4% betting income

SBC News CBF toughens stance on 4% betting income

The Confederation of Brazilian Football (CBF) has officially submitted its demands to the government on the pending legislation of a federal fixed-odds betting regime. As anticipated, the governing body of Brazilian football has demanded that the government increase its betting income guarantee to ‘4% of total revenues’ generated by licensed bookmakers. It declared, “Current legislation provides for the transfer of …

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