The debate on UK gambling adopting mandatory affordability checks on customers has drawn distinct opinions across political ranks. Yesterday, the debate was brought to Westminster Hall as MPs responded to UK racing’s petition to “abandon financial risk checks as proposed by the White Paper”. Collecting over 103,000 signatures, UK racing cites that the current proposals favoured by the UK Gambling …
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Blue cards and sin bins: the implications for operators
Jeevan Jeyaratnam, COO of Abelson Odds, offers up a fascinating thought-leadership viewpoint on the impending arrival of the blue card to the beautiful game. Operators and suppliers, he says, will have to carefully consider how they intend to handle its implications. Feeling Blue The controversial decision on the use of blue cards has been delayed until March 2 after, most …
Read More »Catena Media parts with CEO Michael Daly with immediate effect
The board of Catena Media Plc has this afternoon announced that Michael Daly has chosen to step down as Chief Executive Officer with immediate effect. Investors of the Nasdaq Stockholm affiliate and media publisher were informed that Pierre Cadena, VP Corporate Strategy, will assume the role of interim CEO, leading the firm’s ongoing reorganisation to focus on North American growth. …
Read More »DCMS confirms September application of £2/£5 stake limits on online slots
The UK government has confirmed that staking limits will be applied to online slot games from September as a guaranteed player protection measure following the Gambling Review, under its White Paper consultation. The decision was announced by Stuart Andrew MP, Under-Secretary of State at the Department for Culture, Media & Sport (DCMS), a judgment deemed as a “landmark moment for …
Read More »UKGC to proceed with pilot test on customer affordability checks
The UK Gambling Commission (UKGC) has announced that it will proceed with the next steps to implement affordability checks on remote gambling operators. The decision was announced this afternoon by Tim Miller, Executive Director of Policy Development for the Gambling Commission. Affordability checks were deemed a key protection needed to “identify and take action for customers who may be financially …
Read More »Better Collective tops FY2023 high targets ahead of Playmaker refresh
Better Collective A/S states that it has exceeded financial expectations in revenue and earnings following a transformative year for its business, which acquired seven new media properties for €300m. Year-end trading sees the Stockholm and Copenhagen listed media group’s revenues stand at €327m (FY2022: €269m), alongside an EBITDA result of €110m (FY2022: €85m). Corporate results outperformed the enhanced targets of …
Read More »Brazil: Manssur resignation rocks final steps of Bets launch
The Ministry of Finance of Brazil has confirmed that José Francisco Manssur has resigned from his post and will no longer participate in the final procedures of the forthcoming launch of Brazil’s federal sports betting marketplace. Manssur served as a principal adviser to the government in drafting Bill No. 3,626/2023, which forms the legislative framework for Brazil to launch its …
Read More »FDJ to sell Sporting Solutions as future lies in B2C growth
Groupe Francaise des Jeux (Groupe FDJ) has put its B2B unit Sporting Solutions up for sale and is looking for a buyer for the company it acquired in 2019 for an undisclosed sum. As reported by Jake Pollard of Gaming&Co, the Paris EuroNext gambling group has recruited London-based M&A specialists Oakvale Partners around two months ago to lead the search …
Read More »Nigeria’s House of Representatives corrects “ban misconceptions” on sports betting debate
Rep. Kelechi Nwogu of Nigeria’s People’s Democratic Party has issued a correction to the widely circulated news that the House of Representatives is making moves to ban sports betting in the West African nation. The House of Representatives held a plenary meeting in Abuja last week where it directly addressed the National Lottery Regulatory Commission (NLRC), which is in charge …
Read More »DSWV: Interstate deficiencies will be exposed in critical summer for German sports
Deutscher Sportwettenverband (DSWV), Germany’s Sports Betting Trade Association, has called on Bundesländer (state authorities) to back its call for a “realignment of regulations in 2024”. The trade body has urged Germany’s 16 federal states to face the deficiencies of the Fourth Interstate Gambling Treaty (GlüNeuRStv), the framework that has re-regulated the country’s online gambling marketplace since July 2021. 2023 was …
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