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Entain makes necessary boardroom changes due to Isaacs shock exit

SBC News Entain makes necessary boardroom changes due to Isaacs shock exit

Entain Plc has made further changes to its board of directors, following this week’s announcement that Gavin Isaacs has resigned with immediate effect as CEO of the FTSE-listed gambling group. Announced on 11 February, Isaacs’ immediate resignation led to Chair Stella David resuming the role of Interim CEO of Entain. Investors were informed that: “As Interim CEO, Stella David has …

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Court orders Spelinspektionen to dismiss indictment of Zimpler AB

SBC News Court orders Spelinspektionen to dismiss indictment of Zimpler AB

Payments provider Zimpler AB has had a partial ban against it overturned by the Swedish Court of Appeal.  In July 2023, the company was officially warned by the Swedish gambling regulator, Spelinspektionen, that it might be facing a fine of SEK 25m (€2.2m). Zimpler AB, while authorised by Sweden’s Financial Supervisory Authority, was accused by Spelinspektionen of providing BankID-enabled payment …

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Stake to zone in on Brazil and Italy in line with UK exit

SBC News Stake to zone in on Brazil and Italy in line with UK exit

Following its removal from the UK market earlier this week, Stake has outlined that it will focus on its Italian and Brazilian offerings.  The Easygo-owned sportsbook and casino issued a statement outlining these commitments after the UK Gambling Commission confirmed that TGP Europe would close down the operator’s UK website.  A spokesperson from Stake noted: “Stake has made a strategic …

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Denmark flags peak online casino GGR as ROFUS hits +55,000 users

SBC News Denmark flags peak online casino GGR as ROFUS hits +55,000 users

Spillemyndigheden, Denmark’s Gambling Authority, has published its market statistics for Danish gambling in 2024. The report covers the key segments of gross gaming revenues (GGR) for online casinos, sports betting, gaming machines, and land-based casinos. Lottery wagering is kept separate from gambling segments reported by Spillemyndigheden. The Danish market’s gross gambling revenues totalled DKK 7.27 billion for the 12 months …

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Crash, Bang, Wallop… The stakes are high on Spribe vs Aviator

SBC News Crash, Bang, Wallop… The stakes are high on Spribe vs Aviator

In barely five years, crash games have revolutionised online casino and generate millions in revenue for operators. Yet a legal fallout in Georgia  between Spribe and Aviator LLC reveals what is now at stake… Spribe is due in a Georgian court today with its future and that of its record-breaking crash game Aviator hanging in the balance following weeks of …

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IBIA reports 17% rise in suspicious betting alerts in 2024

SBC News IBIA reports 17% rise in suspicious betting alerts in 2024

A report from the International Betting Integrity Association (IBIA) has shown that the organisation received 219 alerts of suspicious betting activity in 2024. This is a 17% rise on 2023’s figure of 187 alerts, however, despite this surge, the IBIA noted that the amount remained 11% below the annual average of 245 observed between 2020 and 2023. Europe was the …

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ATG vows to end Swedish racing declines but needs government to listen to concerns

SBC News ATG vows to end Swedish racing declines but needs government to listen to concerns

Concerns about the ongoing decline in Swedish horseracing have been highlighted following the publication of AB Trav och Galopp (ATG)’s annual report. ATG, the operator of Sweden’s totalizator horseracing system, has reported 2% growth in net revenues, reaching SEK 5,361m (€471.7m) in 2024, compared to SEK 5,271m (€463.8m) in 2023. Yet, despite corporate growth, ATG’s horseracing segment continues to decline …

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Grupo Codere tweaks website to better reflect investor interest

Codere Online: Pursuing profitability after a ‘complex’ 2022

Codere Group has officially launched its new rebranded corporate website, boasting a renewed accessibility and usability features for stakeholders.  The launch follows Codere’s completion of its recapitalisation process in 2024, with the company stating that its commitment to “transparency, innovation and continuous UX improvement” will be further evidenced through the new website.  The redesign offers visitors a detailed look into …

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