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Spanish regional broadcasters terminate betting advertising

SBC News Spanish regional broadcasters terminate betting advertising

Basque country public broadcaster Euskal Irrati Telebista (EITB) has confirmed that it will no longer broadcast gambling-related advertising across its TV, Radio and digital platforms. The board of EITB issued a statement detailing that its actions were a ‘necessary enforcement’ as a regional broadcaster ‘protecting and safeguarding the right of the most vulnerable against the serious problems of addiction that …

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Agile Catena delivers Q1 growth despite tough Swedish adjustments

SBC News Agile Catena delivers Q1 growth despite tough Swedish adjustments

Stockholm-listed industry affiliate marketing network, Catena Media Plc remains positive on its 2019 outlook, detailing that it has undertaken the necessary adjustments to meet new regulatory conditions within its home market of Sweden. Publishing its Q1 2019 trading update, Catena records a revenue increase of 9% to €26 million (Q12018: 24m). Despite growth, the figure is ‘below the expectations’ of …

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Kenya to introduce tough advertising restrictions protecting public from addiction

SBC News Kenya to introduce tough advertising restrictions protecting public from addiction

Sanctioned by the Ministry of the Interior, Kenya’s Betting Control Board has moved to introduce a number of gambling advertising/marketing restrictions aimed at ‘protecting the general public from addiction’. Issuing a statement on 30 April, Control Board Acting Director Liti Wambua confirmed that the regulator would introduce tougher measures restricting gambling advertising across Kenya. These measures include an outdoor advertising …

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CIRSA demands that Ladbrokes offload stake in Sportium joint-venture

SBC News CIRSA demands that Ladbrokes offload stake in Sportium joint-venture

Spanish business news source Economia Digital reports that Grupo CIRSA has sued joint-venture partner Ladbrokes (GVC Holdings) in relation to the ownership structure of its ‘Sportium’ subsidiary. Economia Digital reports that, in July 2018, CIRSA governance filed a Madrid Court challenge against Ladbrokes stating that Sportium joint-venture terms and agreements had been completely altered by GVC Holdings £4 billion takeover of …

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Andy Hornby steps down from GVC to join The Restaurant Group

SBC News Andy Hornby steps down from GVC to join The Restaurant Group

Co-chief operating officer of GVC Holdings, Andy Hornby, is to step down from his position at the gambling giant to join The Restaurant Group as its new CEO. Hornby will be replacing the outgoing CEO, Andy McCue, at the Restaurant Group once an official transition date has been confirmed. Originally joining Gala Coral in 2011, Hornby has previously held positions …

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LeoVegas positive over 2019 outlook despite UK & Sweden adjustments

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has detailed a positive opening to 2019 trading, as the company adjusts to new regulatory conditions within the UK and Sweden. Publishing its Q1 2019 trading update (period ending 31 March), LeoVegas reports a 12% increase in corporate revenues to €86 million (Q12018: €77m), as the company records double-digit growth in customer metrics related …

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Dinos Stranomitis, Altenar: ‘Listening’ to the operator to arrive at the best UX

Colombia

At this year’s Betting on Football conference at Stamford Bridge, Altenar COO Dinos Stranomitis more than played his part in a Q&A session designed to force the industry’s leading suppliers to face the questions ‘you’, as show delegates, want answered. Just six weeks on, we caught up with him to revisit some of the session’s key talking points, including key …

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Global profile helps Paddy Power Betfair post strong 2019 opening

SBC News Global profile helps Paddy Power Betfair post strong 2019 opening

FTSE100 gambling group Paddy Power Betfair (PPB) has reported a strong start to 2019 trading, despite recording unfavourable sporting results in the UK and Ireland. Publishing its Q1 2019 trading statement (for the period ending 31 March), PPB reports a ‘good underlying momentum’, as group revenues grow 17% year-on-year to £478 million (Q12018: £408m) driven by ‘excellent growth in both …

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