Tabcorp Holdings has informed investors that the company will sanction no dividend in relation to financial-year 2020 trading. The firm has been forced to terminate the 2020 dividend (fiscal year ending 30 June) as part of its agreed terms with bank lenders, allowing the ASX betting group to waiver approximately AUS $2.2 billion (€1.3bn) of debt covenants until 2021. Updating …
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Xanadu Consultancy, the holding company of online betting exchange Matchbook (Matchbook.com) has confirmed that Mark Brosnan has chosen to step down as Chief Executive. Brosnan’s decision will see Xanadu’s CFO Farzad Peyman fulfil CEO leadership duties on an interim basis. Moving forward Xanadu confirmed that Brosnan will continue to serve as a company director to support the firm in developing …
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Camelot Group has launched a new TV advertising campaign, which looks to thank National Lottery players for supporting local and national projects during the coronavirus crisis. Up to £600m has been raised so far in support of charities and organisations affected by the pandemic, with the National Lottery raising £30m each week on average. The TV advert will form part …
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Racing content and data services provider Sports Information Services (SIS) has strengthened its position within Balkan markets after securing a new agreement with Meridianbet. SIS will deploy its ‘24/7 Live Betting Channel’ across Meridianbet’s retail outlets in Bosnia and Herzegovina, Montenegro and Serbia, as well as it’s online presence. Anze Gantar, Digital Sales Manager at SIS, said: “We’re delighted that …
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The UK Gambling Commission’s (UKGC) research department has published new data revealing ‘no increase in the number of complaints’ related to illegal gambling websites during the national lockdown. Tracking data since 23 March, the UKGC stated that there has been no spike in complaints – with a total of 12 disputes related to nine websites in March, and a further …
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‘Non manipulable’ identity verification solutions, such as those provided by IDnow, are vital across all industries where companies carry out customer interactions that require a high level of security – something which can, of course, be applied to online gambling. We asked Roger Tyrzyk, IDnow Country Manager for UK&I, Malta and Cyprus (pictured above), to discuss the ‘best of both’ …
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GambleAware has called for the continued development of education programmes to increase awareness of problem gambling after new research showed 46% of those with gambling disorder have not accessed treatment or support. The charity’s ‘Treatment Needs and Gap Analysis’ report, carried out by a group of researchers including the National Centre for Social Research, also found that 27% of gamblers …
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Betting adjudication services provider IBAS has revealed that April was its ‘second busiest month ever’, as punters used its alternative dispute services to make claims on historic wagers. A busy IBAS detailed that it had received significant requests from punters seeking information on how bookmakers should settle ‘season-long football bets’ following the abrupt postponement of 2020’s sports calendar. Acknowledging unique …
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The European Betting and Gaming Association (EGBA) has suggested that the Swedish government heeds advice from the country’s gambling regulator, Spelinspektionen, to not impose mandatory deposit limits over concerns regarding channelisation. The limits, which have been proposed by the country’s health minister Ardalan Shekarabi, have suggested a number of restrictions on online gambling, including an enforced deposit limit of 5000 …
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Esports Entertainment Group has confirmed that it has begun onboarding new affiliate marketing partners on to its newly relaunched VIE.gg esports betting platform. The new affiliate partners will include esports teams, influencers, streamers, leagues, and super affiliates from Asia, Europe, North America and South America. “Our Affiliate partners are a very important part of our organic growth strategy in 2020 …
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