International ecosystem PIN-UP Global, which represents a set of businesses in various segments of the gaming industry, has announced the launch this week of a new business line, PIN-UP.INVESTMENTS. The new venture was created, said the company, to “stimulate the development of technologies and products for the gambling market and related industries by providing financial and expert resources, high-value industry …
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Kindred hires Bolin Communications to lead Swedish public affairs
Kindred Group Plc has appointed Bolin Communications to serve as its new public affairs agency for Sweden. Launched at the start of 2023, Bolin Communications is the new public relations and public affairs agency of Swedish media figurehead Jacob Bolin. Bolin is a former partner of Stockholm-based agency Fuze PR, responsible for campaigns, projects and stakeholder management related to politics …
Read More »BGC calls on Treasury to rethink casino stealth tax
The Betting and Gaming Council (BGC) has called on the Chancellor to rethink its tax plans on the UK gambling sector, as land-based casinos face a £5m a year stealth tax. Under measures announced by the Treasury’s Autumn Statement saw Gaming Duty Bands applied to UK casinos frozen. As such, gaming duties will not rise with inflation, effectively creating a …
Read More »UKGC explains experimental findings of new UK gambling survey
The UK Gambling Commission (UKGC) has announced the completion of a key corporate project, the publication of the “Gambling Survey for Great Britain Experimental” data release. Head of Statistics Helen Bryce documents that three years ago, the UKGC initiated a project to enhance data collection on adult gambling participation and problem gambling prevalence in Great Britain. The project, adopting a …
Read More »Kazakhstan orders gambling operators to comply with direct reporting duties
The government of Kazakhstan will require all gambling businesses to submit direct reports on the gambling activities and profiles of Kazakh citizens. The command was approved by the deputies of the Mazhilis (Parliament), who instructed for new gambling reporting duties to be added to the Tax Code of Kazakhstan. As reported by SBCCIS: “As dictated by the deputies of Parliament, …
Read More »888poker to reach ‘more diverse audiences’ at PFL Europe Championship
888poker has announced a partnership with the Professional Fighters League (PFL) ahead of the European Championship in Dublin on 8 December. Described as a ‘first-of-its-kind agreement’ for the PFL’s regional MMA league, the 888 Holdings-owned company – which currently operates in Gibraltar, Malta and the UK – will gain branding on the PFL SmartCage during the PFL Europe Championship. Additional …
Read More »GGL rejects criticism of data collection on black market exposure
Glücksspiel (GGL), the Federal Authority of German Gambling, has clarified its stance on “data collection approaches” to determine the size of the black market targeting national consumers. The GGL acknowledged that “studies aiming to determine the market size of illegal online gambling are currently contentious, yielding different conclusions than the states’ data”. The studies referenced are likely those commissioned by …
Read More »Continent 8 hires Carl Bonner to lead North American sales drive
Continent 8 Technologies has appointed Carl Bonner as Regional Sales Director to assist with the company’s global rollout of its solutions and services. In his new role, Bonner will be responsible for driving Continent 8’s multi-cloud strategy and growing its customer base in core regulated igaming markets such as the US. Brian B Koh, Chief Commercial Officer at Continent 8 …
Read More »Spelinspektionen gains approval to increase Swedish gambling fines
Spelinspektionen has welcomed new changes to Sweden’s Money Laundering Act that will allow the gambling inspectorate to increase financial penalties on gambling-related fines/infringements. The decision was approved by Finansdepartementet, Sweden’s Ministry of Finance, which will allow the inspectorate to increase penalty fees for gambling operators violating AML rules from 1 April 2024. The inspectorate had previously submitted its proposals to …
Read More »DCMS highlights business impact of a standalone gambling sector
DCMS has submitted its business estimates to the National Office of Statistics (ONS), tracking the performance of sectors under its regulatory remit for the period of March 2019 to March 2022. The report provides estimates on the business contribution (number, turnover, and employment) of sectors governed by DCMS, excluding civil society (charities and voluntary associations). At present, DCMS’ regulatory remit …
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