London-based video virtual sports specialist Highlight Games has continued to strengthen its portfolio of partnerships after agreeing to supply its video virtual sports products to MaxBet Entertainment Group. Under the agreement, Highlight Games will supply English and Italian league versions of its Soccerbet product, in addition to its NBA Last 60 for MaxBet’s online channels in Romania and Belarus. “I’m …
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Scottish bookmakers have slammed Holyrood’s decision to reopen betting shops without chairs or live racing, stating that the ruling is ‘crazy’ and a ‘slap in the face’ for bookies which have most likely been struggling during the lockdown period. Scotland’s 900 betting shops – employing around 4,500 people – have been closed since March as part of the national effort …
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The UK’s Financial Conduct Authority (FCA) has enforced a number of restrictions on embattled Wirecard AG, following the digital payment processing firm’s decision to file for insolvency in its home market of Germany. Issuing a regulatory notice, the FCA stated that Wirecard UK can no longer carry any regulated market activities. Furthermore, the financial services regulatory body underlined that Wirecard …
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Ahead of today’s AGM, Sportech Plc has issued a trading update, informing investors of further COVID-19 pandemic impacts and countermeasures undertaken by the LSE-listed wagering technology group. Updating investors, Sportech explained that it has implemented its pandemic cost-saving measures announced during March trading, based on its forecast scenario that global sporting events would be curtailed through to the end of …
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The Danish Gambling Authority, Spillemyndigheden, has called upon operators to prepare for changes to the country’s national identification scheme ahead of the roll out of MitID. The current system, NemID, has been used since 2010 and offers an online verification system which is used to log in to online banking systems, communicate with public authorities and verify their identity for …
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Global financial crime screening experts Accuity will host the next SBC Webinar on Thursday 9 July (14.30 BST): ‘Coming out of lockdown: Gambling, compliance, and the new normal’. Online gambling’s compliance roadmap has been disrupted by the unprecedented events of 2020, as multiple regulators increase oversight on KYC and customer care demands on both a temporary and long-term basis. A specialist in …
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As operators slowly return to normality with live sporting events beginning to resume and global regulations gradually relaxing, the betting landscape has shifted dramatically with new avenues, such as esports, booming whilst other markets have faced an up-hill battle. With new horizons starting to open, there is also the opportunity for firms to branch out and create a new platform …
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The return of live sports will have a positive impact on virtual sports according to Martin Wachter – CEO and Founder of Golden Race – who predicted that it will result in increased traffic and exposure of virtual products. According to Wachter, the pandemic has proven to the betting industry that virtual sports is not a ‘side product’ but instead …
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Rachael Maskell, the Shadow Minister for UK Charities, has branded the Young Gamers & Gamblers Education Trust (YGAM) as ‘a leading example of how charities have innovated’. The Labour MP for York Central praised the work of YGAM staff who continue to deliver the charity’s youth education programmes on gambling, despite also navigating the unprecedented challenges of national lockdown. Maskell, …
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FeedConstruct has secured a new partnership with the Ukrainian Association of Football which will see the sports data feed provider gain exclusive rights to collect and distribute video streaming and Fast Betting Data from the matches. Under the terms of the partnership, FeedConstruct will cover more than 800 matches from competitions such as the Ukrainian Premier League, Cup, Women’s and …
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