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Codere SA will escape bankruptcy after the embattled Spanish gambling group secured new terms on its debt arrangement with US debt-holders.  The Bolsa Madrid gambling group is reported to have secured a 12-month funding arrangement with a US hedge fund which will guarantee a €120-150 million credit line for the company to fund its operations and repay its deferred debt …

Entertainment Laboratories (Enlabs) has secured a new partnership with EveryMatrix which has seen the two launch an esports betting service via Enlabs’ flagship brand, OPTIBET. EveryMatrix will supply extensive esports coverage and a tailored esports front-end with live streaming via its OddsMatrix Esports Services. Stian Hornsletten, Group CCO of EveryMatrix, commented: “I admire the work done at Enlabs in the …

Research from BonusFinder.com has revealed that 94% of UK gamblers were aware of the responsible gambling tools available to them during the lockdown period. The research, which surveyed 500 UK casino and bingo players, detailed that 31% of players had gambled ‘somewhat more’ between March and June, while 28% admitted to gambling ‘the same’ amount as they would in normal …

Regulus Partners kicks off the week by reviewing the much anticipated GRH APPG report released last week, and Parliament’s continued tittle-tattle on reviewing the rules related to online and TV advertising, as debate on UK gambling heats up this summer.   _________________ UK: politics – with liberals like these… who needs prohibitionists? It is a cliché of the age that expressions …

The UK Gambling Commission (UKGC) has established an interim ‘Experts by Experience’ (EbE) group formed by individuals who have suffered a from a wide range of gambling harms and addictions. The group will broaden the UKGC’s advice, recommendations and evidence with regards to policy-making on reducing gambling harms, raising safer gambling standards and understanding gambling’s impact on society. The creation …

Betsson AB has moved to strengthen its governance advisory confirming the appointment of former Paddy Power Chief Executive Andy McCue as a company non-executive director. The appointment of McCue follows the conclusion of Betsson’s AGM, in which the Stockholm-listed online gambling group re-elected all members of its existing board led by Chairman Patrick Svensk. A ten-year Paddy Power senior executive, …

William Hill Plc has confirmed the executive appointment of Nedda Kaltcheva as Chief Product and Technology Officer for the firm’s international business units. Kaltcheva, a former engineering lead for Stars Group Inc (2018-2019), joins William Hill’s Malta division from Palo Alto industrial logistics solution provider Manna, where she formerly served as European CTO. In her executive remit, Kaltcheva will lead …

UK Bookies have raised £250,000 for Cancer and Covid-19 charities after taking a beating on Thursday’s Britannia Stakes race at Royal Ascot. Earlier this week, Betting and Gaming Council (BGC) members vowed to donate all profits, after levy and duties were deducted, from win and each-way bets made on the race to charity. Participating bookmakers included Paddy Power Betfair, bet365, …

The UK Gambling Commission (UKGC) has launched a two-month consultation on proposed measures which would change the way that operators interact with high-value customers. The consultation will consider the seven propositions made by a working group led by the Betting and Gaming Council (BGC) and GVC, which aim to make gambling safer and reduce harm across the sector. It includes …

The suspicious live betting activity from over 50% of the football matches identified by Sportradar between 2017 and 2019 emerged within the first 15 minutes, signifying a clear trend for match fixers to enter the betting markets early in the game. This was one of the headline findings revealed as part of #ProtectingGlobalSport – a social media campaign initiated by …