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IBAS issues dispute guidance on season long bets

SBC News IBAS issues dispute guidance on season long bets

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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EGBA warns against Swedish ‘one-size-fits-all’ deposit limits

SBC News EGBA warns against Swedish ‘one-size-fits-all’ deposit limits

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 onboards VIE.gg affiliates

SBC News Esports Entertainment Group onboards VIE.gg affiliates

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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IGT records dire 2020 opening as COVID-19 impacts all primary revenues  

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

IGT Plc has declared a tough opening to 2020 trading, reporting that COVID-19 restrictions have impacted ‘all business segments operating all primary revenue streams’.  Dire Q1 2020 metrics saw the firm record an 18% decline in group revenues to $940 million (Q12019: $1.14bn)  As a consequence of Mid-march lockdown orders the New York-listed technology group abruptly lost its revenue streams …

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Nektan ceases trading on London AIM

SBC News Nektan ceases trading on London AIM

After failing to appoint a new nominated advisor, Nektan (Gibraltar) Limited has confirmed that it is no longer trading on the London Stock Exchange’s Alternative Investment Market (AIM). Nektan cancelled its trading on AIM, citing AIM Rule 1, which states: “an applicant must appoint a nominated adviser and an AIM company must retain a nominated adviser at all times”. The …

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Betway eyes Sevilla FC sponsorship amid changing Spanish advertising climate 

SBC News Betway eyes Sevilla FC sponsorship amid changing Spanish advertising climate 

Betway is gearing up for its biggest Spanish marketing commitment, after reportedly entering discussions to become the official shirt sponsor of Sevilla FC in time for the start of the 2020/2021 La Liga football season.  Spanish football news source Palco23 has reported that Betway is leading the way to replace Marathonbet as lead sponsor of Sevilla, recognised as Andalucía’s biggest …

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GVC finalises Ladbrokes Coral migration

Diversified Entain rides out 2020 retail storms

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

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Belgium BAGO adopts EGBA code of conduct on advertising 

SBC News Belgium BAGO adopts EGBA code of conduct on advertising 

BAGO, Belgium’s trade association for gaming operators, has confirmed that it will endorse the European Gaming and Betting Association’s (EGBA) responsible advertising code of conduct as its guiding policy for advertising and marketing standards. With its current membership covering 70% of Belgium’s licensed online and land-based gambling incumbents, BAGO has become the first European industry trade association to endorse and …

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CasinoBeats Malta goes digital for 2020

CasinoBeats Malta Digital

SBC Events has announced that its online casino conference and exhibition CasinoBeats Malta 2020 has now evolved to become CasinoBeats Malta Digital, a fully virtual three-day conference, exhibition and networking experience. The physical event was due to take place at the InterContinental Malta in mid-June, but with restrictions on travel and movement still affecting businesses, it has been transformed into …

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