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Sportsbook software provider Altenar has welcomed reports that Italian sports betting operators will soon be allowed to offer cash out functionality to customers on a trial basis. According to Italian news agency Agimeg, this cash out introduction will arrive alongside another positive regulatory reform for operators, enabling them to cancel the payout of winning single bets emanating from ‘clearly wrong …

Sports Betting Community (SBC) has shown its commitment to the growing US betting industry by securing membership to the American Gaming Association (AGA). SBC organizes some of the biggest sports betting trade events in Europe and the United States via its event brand SBC Events.com. SBC also manages a network of betting and gaming industry news portals including SBCAmericas.com, an …

Just a few moments after the eagerly anticipated launch of Exploding Jackpots at ICE London, SBC News was there to talk to Ian Bradley, SBTech’s Chief Strategy Officer. We asked him what SBTech had learned from the successful Pulse reveal in 2018, and how the ‘Big Bang’ will bring about a new betting experience for SBTech partners. SBC: What did …

Racing content and data provider SIS (Sports Information Services) and At the Races (ATR) have both signed an exclusive media rights deal with Ascot Racecourse, which will allow racing coverage from Ascot to be broadcast internationally. Both SIS and ATR have been granted exclusive media rights for sports betting purposes, as well as for display across licensed betting premises within …

The Advertising Standards Authority (ASA) has came down on an advert from sports betting affiliate OddsMonkey, concluding that it was “irresponsible and therefore breached the Code”. The ad in question, posted on the homepage of www.oddsmonkey.com in November of last year, stated: “Make Money Online with OddsMonkey. OddsMonkey makes it simple for you to earn a tax-free second income”. Further …

Business Daily Africa has reported that the Kenyan Revenue Authority (KRA) has placed a demand for a minimum KSH 10.3 billion (€80m) on market-leading bookmaker SportPesa, attached to backdated taxes spanning a period of three-years. The KRA tax charge has been filed against SportPesa’s private entity ‘Pevans East Africa’, stating that the betting group had withheld taxes that should have …

The executive of pan-national industry trade body – the ‘European Gaming & Betting Association – EGBA’, has accused Norway’s gambling authority Lotteritilsynet of regulatory over-reach for demanding that national banks block payments deemed to correspond with online gambling transactions. EGBA governance reacts to weekend news reports that Lotteritilsynet is actively targeting the restriction of payments of six Malta MGA licensed operators …

Independent bookmaker JenningsBet has confirmed that it will re-launch its online betting property utilising FSB Tech platform provisions, as the legacy bookmaker emphasises accelerating its digital profile within a much changed UK betting landscape. JenningsBet confirms that it has selected FSB as its lead platform supplier moving to revamp its digital sportsbook property with reactive in-play odds, comprehensive pricing modules and …

Two and a half years after the original bill was passed in its House of Representatives, the Dutch Senate has finally passed its Remote Gaming Act, paving the way for igaming regulation across the Netherlands.  With the aim of addressing the unregulated online gambling market for Dutch consumers, the new legislative framework will be integrated into law through a Royal …