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Bulgarian gambling sector commits to close AML partnership with authorities

SBC News Bulgarian gambling sector commits to close AML partnership with authorities

Stakeholders in the Bulgarian gambling market will take part in a new initiative against AML/CTF alongside Bulgaria’s National Revenue Agency (NRA) and the State Agency for National Security.  The NRA is Bulgaria’s regulatory body that exercises control over the operator licensing process and taxation, with the news being shared during a general meeting organised by Director General Rumen Spetsov.  The …

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Playtech hits 2023 targets on SNAI & Latin America growth 

SBC News Playtech hits 2023 targets on SNAI & Latin America growth 

Playtech Plc has celebrated a year of strategic and commercial achievements across its B2B and B2C businesses.  Publishing its full-year 2023 accounts, the FTSE250 gambling technology group achieved corporate revenues of €1.7bn, up 7% on FY2022 comparative results of €1.6bn. Of note, year-end trading revealed Playtech’s B2C business generated revenues “exceeding €1bn for the first time”.  The achievement was recognised …

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Australian rugby continues to block betting from the sport

SBC News Australian rugby continues to block betting from the sport

The South Sydney Rabbitohs and Canterbury-Bankstown Bulldogs have extended partnerships with Reclaim the Game as the National Rugby League (NRL) continues to distance itself from the betting sector. The two New South Wales clubs each confirmed a three-year renewal of their pre-existing partnerships with Reclaim the Game – an initiative of the NSW government. A core principle of the campaign …

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EveryMatrix broadens LatAm impact with Mincetur accreditation

SBC News EveryMatrix broadens LatAm impact with Mincetur accreditation

EveryMatrix has received regulatory accreditation from Peru’s Ministry of Foreign Trade & Tourism (Mincetur). This falls in line with the igaming technology provider’s goal to deliver compliant solutions within regulated and emerging markets. EveryMatrix is one of the first to be accredited in the country, enabling its customers to gain early market share. Bobby Longhurst, Group Chief Commercial Officer at …

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Spelinspektionen fines Svenska Spel £7.5m over player protection gaps

SBC News Spelinspektionen fines Svenska Spel £7.5m over player protection gaps

In a somewhat surprising development, the Swedish government has fined itself, with the country’s s gambling authority Spelinspektionen issuing a SEK100m (£7.5m) penalty to Svenska Spel – the operator wholly owned by Sweden.  According to the indictment, the penalty relates to breaches of the Gambling Act part of Sweden’s re-regulation in 2019. More particularly, the operator has apparently failed to …

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Allwyn gains access to €500m accordion debt facility

SBC News Allwyn gains access to €500m accordion debt facility

Allwyn International has secured a $500m accordion facility underwritten by a ‘syndicate of international banks’. The $500m facility will be made available to the global lotteries group for a period of six years, as part of the firm’s existing Senior Facilities Agreement (SFA). Allwyn will use the proceeds to finance its planned investment in Instant Win Gaming, announced in February …

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BetMakers to deliver racing on GiG’s SportX platform

SBC News BetMakers to deliver racing on GiG’s SportX platform

BetMakers Technology Group and Gaming Innovation Group (GiG) are going to be delivering racebook services on GiG’s sportsbook platform SportX. This will be made possible through integration with BetMakers’ Embedded Racebook Solution, which allows operators to offer a full racebook with a comprehensive platform that includes wagering, form, data and embedded video.  Andrew Cochrane, CBO at GiG, commented: “This agreement …

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HBA & Genius launch CJRFantasy racing

SBC News HBA & Genius launch CJRFantasy racing

HBA Media has partnered with Genius Sports to launch ‘Crown Jewels Racing Fantasy’ (CJRFantasy), aiming to make horse racing competitive in the world of sports broadcasting. CJRFantasy, the first international horse racing fantasy game, has been launched to help ‘unify the global horse racing calendar’, providing broadcasters and fans around the world with a new platform to improve their knowledge, and compete with each other …

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SIS expands gaming product to third US state with bet365

Bet365 becomes first European operator to go live in Kentucky

SIS Content Services – part of SIS Group (Sports Information Services) – has partnered with bet365 to make its entry into Kentucky with ebasketball from its esports product suite. The multi-content supplier of 24/7 live betting services aims to enhance its reputation in the esports betting space and widen the audience that can engage with its competitive gaming content across …

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888 narrows 2023 losses as Widerström Evokes new vision 

Per Widerström, 888 CEO

888 Holdings declares that it has established the foundations for future sustainable growth under new company leadership, which will lead the business under its new identity as Evoke Plc. This morning the LSE gambling group published its full-year 2023 accounts, registering ‘reported’ corporate revenues of £1.71bn, up 38% on FY2022 comparative results of £1.23bn. However, pro-forma trading marked 888’s revenue …

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