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Greece seeks to revamp its gambling laws for foreign investment

SBC News Greece seeks to revamp its gambling laws for foreign investment

The Hellenic Parliament is expected to pass a series of gambling amendments related to VLTs provisions and land-based casino licensing. Last October, Greek news sources reported that the Syriza government had tabled new reforms on industry taxes, licensing arrangements and games provisions, in order to make its national market more attractive to foreign operators. Parliament further seeks to amend existing …

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Proven Player… Better Collective lands 7th Børsen Gazelle

SBC News Proven Player... Better Collective lands 7th Børsen Gazelle

Leading industry affiliate Better Collective continues to be recognised as one of Denmark’s fastest growing and most dynamic enterprises, having secured its seventh consecutive Børsen Gazelle Award. Developed by Danish business publication Børsen, the Gazelle Awards recognise the nation’s fastest growth enterprises, who have displayed consistent value for investors and stakeholders. The impressive places Better Collective amongst an elite small …

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Lottoland aims to work with Northern Territory Government after ban

SBC News Lottoland aims to work with Northern Territory Government after ban

Online lottery operator, Lottoland has revealed it ‘aims to work with the Northern Territory Government,’ after the Australian regulatory body revealed its plans on banning licensees from betting on Australian lotteries. The ban come as a result of  heavy lobbying against synthetic lotteries,  from the Tatts Group and the Australian Lottery and Newsagent Association (ALNA). Adam Joy, chief executive of …

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Strengthened infrastructure delivers positive Q3 results for Greek OPAP

SBC News Strengthened infrastructure delivers positive Q3 results for Greek OPAP

Publishing its Q3 2017 trading update (period ending 30 September), Greek gambling group OPAP has detailed strong gains in its betting products and video lottery terminals (VLTs) as the firm homes in on full-year corporate targets and expectations. Updating the market, OPAP would detail group gross gaming revenues of €357 million up 12% on corresponding Q3 2016’s €319 million. Improved …

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SportPesa “thrilled” with new Football Manager partnership

SBC News SportPesa "thrilled" with new Football Manager partnership

Kenyan sports betting operator, SportPesa has agreed a five-year deal to become an official partner of Football Manager. As part of this innovative partnership, SportPesa will receive in-game advertising during match simulations and dual-branded content will appear on the operator’s growing social media channels. Speaking about the partnership, Shaun Simmonds Head of Marketing for SportPesa said: “We’re thrilled to finalise …

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Simon Westbury – VSoftCo – Providing a 360-degree service

VSoftCo - Copyright: nexusplexus / 123RF Stock Photo

This week, virtual games provider VSoftCo signed a new deal with Sport-Shotz, a provider of sports themed casino games. Just after the story broke, we caught up with VSoftCo’s Chief Commercial Officer Simon Westbury to discuss a shift towards virtuals in the digital arena, whether they should be treated as a casino or sports betting product, and how cross channel learning …

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David Clifton: Licensing Expert – Death knell sounded for FOBTs?

SBC News David Clifton: Licensing Expert – Death knell sounded for FOBTs?

On 31 October, Gambling Minister Tracey Crouch announced the launch of a 12-week consultation on proposals for changes to gaming machines and social responsibility measures that will run until 23 January 2018. The consultation covers Government proposals relating to: maximum stakes and prizes for all categories of gaming machines permitted under the Gambling Act 2005 (including a reduction in the maximum stakes …

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Kindred Group commits to Stockholm ‘Urban Escape’ office migration

SBC News Kindred Group commits to Stockholm 'Urban Escape' office migration

European online gambling firm Kindred Group Plc has confirmed that it will move its ‘home’ Stockholm office to new premises within the ‘Urban Escape Project’ in central Stockholm, a business property currently being developed by AMF Fastigheter. Updating stakeholders, Kindred details that it has agreed to terms with AMF Fastigheter with a view to move its Stockholm operations to the ‘Urban …

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Mexican growth leads Codere corporate recovery

SBC News Mexican growth leads Codere corporate recovery

Refinanced Spanish gambling firm Grupo Codere continues its strong corporate recovery, as the company reports KPI and metric growth for its Q3 2017 trading update (period ending 30 September). Primarily driven by growth in its Spanish and Mexican divisions, Codere would record Q3 2017 group operating profits of €401 million up 3% on corresponding 2016’s €390 million. Despite facing adverse currency …

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