The Irish Government has proposed a €500 limit to maximum payouts on gaming terminals, down from the €750 put forward in March. The current limit of €5.00, which remains unchanged since 1956, has been described – according to a government spokesperson – as “archaic, unpractical, and unimplementable”. The Minister for Justice Charlie Flanagan has, therefore, outlined a number of changes …
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London-listed Gamesys Group (formerly JPJ Group Plc) has moved to strengthen its customer on-boarding capacity appointing TruNarrative as its ‘single platform’ compliance solution provider. The agreement sees Gamesys utilise TruNarrative’s all-in-one compliance solution across its digital portfolio, providing provisions for fraud detection, ID verification, behavioural monitoring, AML and KYC referencing. Updating stakeholders, Gamesys detailed the importance of managing compliance enforcements …
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As Sweden’s re-regulated online gambling marketplace completes its first full-year in operations, independent online gambling trade association Spelbranschens Riksorganisation (SPER) has launched its inaugural ‘Swedish Gambling Leadership Awards’. SPER details that it seeks to promote and reward industry leaders who have promoted social responsibility, corporate sustainability and fair play interactions during a crucial period for all Swedish gambling incumbents. Swedish …
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London’s Tower Hamlets Council (E14) has confirmed proposals to implement a revised gambling policy which will prevent gambling shops from opening in a number of areas across the borough. The East London council, which was amongst a number of others to lobby for a change in FOBT legislation, has only approved the application of one new betting shop over the …
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Gibraltar-headquartered MoPlay has become the latest online gambling operator to join the German Betting Association (DSWV). The announcement, confirmed by DSWV President Mathias Dahms and MoPlay CEO Juergen Reutter this morning, will see MoPlay join Sky Bet, William Hill, bet365, Paddy Power Betfair and Interwetten as a member of the organisation. Dahms celebrated the announcement: “We welcome MoPlay in our …
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A newly privatised Française des Jeux (FDJ) has moved to strengthen its retail services by sanctioning a buyout of French payment solutions provider Bimedia. The newly listed Paris Exchange gambling enterprise confirms that it has ‘entered an agreement’ with European private equity fund Idinvest Partners to acquire its Bimedia asset for ‘less than €50 million’. Updating investors, FDJ governance states …
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Horse Racing Ireland (HRI) is reported to be in discussions with a number of third parties over the sale of all or part of Tote Ireland to private interests, with an extensive review of the Tote already taking place. Reported by The Irish Times, the Tote has faced a number of challenges in recent years, having struggled to compete with …
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Stockholm-listed industry affiliate marketing network Raketech Group Plc has confirmed the appointment of Klas Winberg as new Chief Marketing Officer (CMO). Winberg joins Raketech’s executive management team from competitor Catena Media, where he formerly served as VP of Sales & Marketing, leading the firm’s commercial disciplines. A proven industry leader in player acquisition, market development and developing effective marketing strategies, Winberg …
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As the use of online sports betting continues to grow, many within the industry have shifted their focus towards delivering a more digital product. However, Singular explained that the retail sector still plays a crucial role in reaching new audiences. Singular’s CEO George Shamugia explained to SBC that it is through ‘leveraging global trends’ and the establishment of a dedicated …
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LeoVegas has strengthened its commitment to sports integrity by becoming the fifth sports betting company to join the International Betting Integrity Association (IBIA) since it rebranded in June. As part of the collaboration, LeoVegas.com will start feeding into IBIA’s unique global sports betting monitoring and alert system, while the company’s other betting platforms (Royal Panda, BetUK, Pixel.bet and 21.co.uk) will …
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