Betfred has secured a foothold in the South African betting market, purchasing Betting World (bettingworld.co.za) from Phumelela, conducted via the newly established Betfred South Africa brand. Carried out at a purchasing price of R120 million (£6.1 million), subject to final adjustment relating to the net capital of working items, the transaction was considered officially concluded as of 31 May. The …
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“If you don’t stop, or if you stand still, you’ll be left behind.” This was one of the warnings from Coingaming Group’s CEO Maarja Pärt as she explained how the company is pushing boundaries within the technology, crypto and investment spaces. This exclusive interview with Pärt kickstarts the third edition of SBC Leaders for 2021, where she touches upon her …
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Northern Ireland has warned all gambling businesses and hospitality establishments to prepare for statutory changes to be imposed on the nation’s gambling laws. Yesterday, the NI Executive disclosed that communities minister Deirdre Hargey has been appointed to spearhead the biggest overhaul of the province’s gambling laws in over 35-years. Hargey announced that she would move to implement a ‘two-phased‘ approach …
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JKR Investment Group has already established itself as a key partner for international companies including BETER and Betegy that provide B2B solutions to the world’s biggest sportsbooks. But for both Alexander Gusev, the company’s CEO and Nikola Teofilovic, JKR’s Senior Investment Manager, the key to its success can largely be attributed to strong partnerships, industry expertise and a customer-first approach. …
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Peers for Gambling Reform (PGR) has published the findings of its latest report, arguing that an overhaul of UK gambling laws would likely have positive societal outcomes on employment, tax revenue and employee earnings. NERA was commissioned to undertake an ‘economic assessment’ of recommended industry reforms that have been suggested as part of the government’s generational review of the 2005 …
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DCMS has formed its ‘expert panel’ that will support appointed minister Tracey Crouch undertaking the government’s review of football for the benefit of fans and local communities. The review had been previously pledged as a Conservative Party ‘manifesto commitment’ made by PM Boris Johnson during the 2019 General Election campaign. Following the widespread fallout of English Football’s ‘Big Six’ clubs …
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Entain Plc has published its Environmental Social and Governance (ESG) 2020/2021 report, tracking the FTSE100 gambling group’s progress on its corporate charter and sustainability objectives. Establishing its new identity as Entain, in November 2020 the group launched its ‘Sustainability Charter outlining its ambitious plans to lead the ‘global gambling sector in an era of sustainability and corporate conduct’. The charter is …
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In a market which is becoming more saturated by the day, Yael Shatzky – VP Marketing at Solitics – explains why she believes that personalisation is the key to attracting and retaining customers. Customers demand personalisation in the digital hyper-communicative era. Data has shown that 68% of consumers believe it’s important for businesses to tailor experiences based on their tastes …
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GambleAware has published ‘commissioned research’ to clarify fragmented data, insights and analysis of the UK’s gambling participation and its associated prevalence of related harms. The research, undertaken by Professor Patrick Sturgis and Professor Jouni Kuha of the London School of Economics, was commissioned by GambleAware following concerns about discrepancies between a YouGov 2019 survey and ‘2018 Health Survey for England’. …
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A new era for Italian gambling has started after Gamenet Group completed its €1.1 billion buyout of IGT Plc’s Lottomatica B2C subsidiaries. This morning, Gamenet and IGT disclosed that all final arrangements had been concluded in the sale of Lottomatica’s Scommesse (sports betting) and Videolot Rete gaming machine units. Finalising its acquisition, Gamenet has confirmed that it will now operate …
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