The Greek Ministry of Finance has confirmed that online sports betting and other games will be subject to different licences as shown in the draft gambling regulations submitted to the European Commission. The draft legislation comes as the Ministry of Finance seeks to implement further controls on the gambling industry. As confirmed in the legislation, online sports betting licences will …
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Ardalan Shekarabi, Sweden’s Minister of Social Security, has told national media that the government is ready to publish ‘stage two’ of its regulatory approach on gambling, focusing on enforcing tougher advertising and marketing restrictions upon licensed incumbents. Recognised as one of the highest-profile MPs within the governing Socialdemokraterna (social democrats) party, Shekarabi is the former Minister of Civil Affairs, who …
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Gaming solutions supplier Aspire Global has stated that the firm has reached a retroactive €13.7m settlement with the Israeli Tax Authority. This regards a previously disclosed tax audit “related to management and control jurisdiction, permanent establishment and transfer pricing among the group entities”. The group says that “the resolution brings an end to all related investigations into the company,” with Aspire agreeing to …
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Malta headquartered River iGaming has announced a suspension of all B2C activities resulting in the redundancy of all individuals in the operation, with the firm establishing a “strong and dedicated” B2B focus during 2020. The company’s brands include Vegas Casino, Casonic, Spin Genie and Pocket Fruity and licences to run X Factor Games and Britain’s Got Talent Games. This move …
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The governance of Stockholm-listed Gaming Innovation Group (GiG) has confirmed that it has secured the right to float a new SEK 400 million (€40m) bond placement with interest repayments due for 2022. Issuing a corporate filing, GiG governance details that it will begin trading its new bond arrangement on the Stockholm Nasdaq Exchange on 27 December 2019. GiG’s transaction has …
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FTSE gambling group Playtech Plc has strengthened its compliance and transactional monitoring capacities by integrating TruNarrative ‘single platform’ KYC solutions. The partnership will see Playtech B2C customers benefit from a single platform managing compliance provisions for age and ID verification, document validity, PEP, sanction screening, KYC referencing and further customer protections. In its update, Playtech management details that it has …
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Flutter Entertainment has penned a new partnership with EveryMatrix which will see the operator group utilise EveryMatrix’s casino integration platform, CasinoEngine. The new alliance will see EveryMatrix’s CasinoEngine provide its platform in several regulated markets such as Spain, Italy, Sweden, and the UK. Stian Hornsletten, Group Chief Commercial Officer of EveryMatrix, commented: “Spain is the first market to tackle together with Flutter. To achieve …
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Sportradar has secured its first Memorandum of Understanding (MoU) with an operators’ association through APAJO, the Portuguese Association of Online Betting and Gaming. The company’s Integrity Services division has committed to improving the investigation into possible corruption, particularly in Portuguese sport, by exchanging data and information related to sports integrity. Furthermore, Sportradar and APAJO will explore opportunities for additional projects …
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Malta-based casino games developer Kalamba Games has confirmed the appointment of Tamas Kusztos as Head of Sales and Account Management to boost the firm’s commercial capacity. Kusztos has also held senior roles at major operators including GoldBet, Betsson and Rizk. At Kalamba, he will focus on building key strategic partnerships in new and existing markets as the company prepares to launch a proprietary Remote …
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Industry platform and systems provider EveryMatrix has communicated that it has withdrawn its white label services for the regulated market of Denmark. Updating corporate stakeholders, EveryMatrix informs that it will be closing turnkey provisions for its partner white label brands of casinohouse.dk, 777.dk, victoriamilan.dk and JetBull. Via its closure statement, EveryMatrix underlines that the firm has ‘changed overall direction’ shifting …
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