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Brazil opens consultation on vague betting mandate

SBC News Brazil opens consultation on vague betting mandate

The Brazilian government could potentially fast track legislation for regulating fixed odds betting, as Brazil’s Economic Ministry sanctions a month-long public consultation to seek guidance on regulating wagering services. Sanctioned this week, Brazil’s Economic Ministry is reviewing legislative provisions attached to the conditionally approved ‘bill MP-846’, which aims to establish a federal gambling framework for Brazilian online and land-based gambling. …

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IGT appoints ‘security pro’ Dr Samantha Ravich as corporate advisor

SBC News IGT appoints 'security pro' Dr Samantha Ravich as corporate advisor

New York-listed gambling technology group International Game Technology Plc (IGT) has moved to strengthen its corporate advisory confirming the appointment of Dr Samantha Ravich as an Independent Director. A scholar in national security development, political science and cybersecurity defence measures, Dr Ravich is the current Chair of the Center on Cyber and Technology Innovation at the ‘Foundation for Defense of Democracies’, …

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Round table – Betinvest: The future of sportsbook personalisation

Betinvest

Some of the leading suppliers to the sports betting industry have offered their insights into the future for sportsbook personalisation based on automated customer segmentation, advanced behavioural analysis and predictive AI-driven models. The next round table participant was Betinvest, represented by its VP of Business Development Valentyn Kyrylenko. SBC: What role does pricing and risk have to play in the …

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Rebecca Pow to oversee gambling industry following cabinet reshuffle

SBC News Rebecca Pow to oversee gambling industry following cabinet reshuffle

As part of last week’s Cabinet reshuffle following Boris Johnson’s appointment, it has been confirmed that MP for Taunton Deane Rebecca Pow will be tasked with overseeing both the horseracing and gambling sectors rather than sports minister Nigel Adams.  Pow was re-appointed as the parliamentary under secretary of state for arts, heritage and tourism at the Department for Digital, Culture, …

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Online casino ties ordered to be cut in Germany

SBC News Online casino ties ordered to be cut in Germany

Online sports betting operators looking to acquire a license for the federal German market have been ordered to cut ties with online casinos and other unregulated forms of gambling as the market moves towards heightened compliance measures. Earlier in July, the Regional Council of Darmstadt – which has been tasked with overseeing Germany’s transition into a regulated online betting market – …

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Fitzdares bets big on ‘industry-first’ live chat app engagement

SBC News Fitzdares bets big on ‘industry-first’ live chat app engagement

Private bookmaker Fitzdares has announced an ‘industry-first’ after launching a ‘built-in live chat function’ to support its mobile betting app. The premium bookmaker details ‘a game-changing service’ for its members, delivering a centralised hub to check prices, place bets or even ask for an opinion/advice from the Fitzdares trading team all from within the app. The launch of the live chat …

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Sportradar boosts Riot Games integrity muscle

SBC News Sportradar boosts Riot Games integrity muscle

Sportradar has advanced its esports profile after announcing that it has secured an integrity partnership with leading video games developer Riot Games. The partnership will see Sportradar’s ‘integrity services’ monitor all global betting activity related to syndicated League of Legends (LoL) tournaments sanctioned by Riot Games, the developer of the multiplayer esports format. Doug Watson, Head of Esports Insights at Riot …

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‘Systematic failings’ cost Ladbrokes Coral £5.9m

Diversified Entain rides out 2020 retail storms

The Gambling Commission has found ‘systemic failings’ at the Ladbrokes Coral Group leading to the imposition of a penalty package consisting of £5.9m payment and a series of improvement measures that must be implemented by new owner GVC. The regulator has also revealed that more sanctions may be coming down the line as further investigations into the actions of Personal Management …

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New look SKS365 forms ‘expert body’ leading corporate compliance

SKS365, Sportradar, Planetwin365

Italian gambling group SKS365 – the operating company of Planetwin365 – has established a new supervisory body to oversee its legal and compliance directives. The compliance body will be led by former Carabinieri (Italian national guard) Brigadier General Massimo Ignesti, who will serve as Chairman. Ignesti will be supported by Professor Ranieri Razzante as Deputy Chairman. He is a legal scholar in anti-crime legislation …

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