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Spain to outlaw wagering on ‘under 18’ sports

Spain’s DGOJ has approved a number of new provisions to its gambling code, enforcing new measures banning licensed operators from offering betting markets on under-18 sanctioned sporting events. Updating the market, the DGOJ states that it wants to form a ‘clear distinction’ between wagering categories, focused on protecting the integrity of sports where the majority of participants are considered minors. …

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Paddy Power announces Motherwell as ‘Unsponsorship partner’

Motherwell of the Scottish Premier League, have joined Huddersfield Town in becoming the second professional football team to join Paddy Power’s Save Our Shirt campaign.  Unlike with ‘The Terriers’, no hoax kit was released prior to the official launch, with the news of the sponsorship receiving no media attention until now. A spokesman for Paddy Power announced the partnership: “Motherwell …

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Winning Post – Irish outlook… Sin tax errors, on both sides!

Opening the week, industry strategic consultancy Regulus Partners provides an Irish overview, assessing whether the government can reform its newly sanctioned betting tax scheme by forming a level playing field for its incumbents. ________________ The Irish government is reportedly considering changes to its betting duty regime in light of the evidence of the first six months of doubling the rate …

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SIS strikes greyhound tote pool deal with AmWager.com

greyhound

SIS (Sports Information Services) has struck a deal to supply its British and Irish greyhound racing content to AmWest Entertainment, the parent company of AmWager.com. SIS will provide live streams and data from up to 33,000 races per year, taken from the 53 meetings per week racing schedule of British tracks including Central Park, Crayford, Doncaster, Harlow, Henlow, Hove, Monmore …

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Richard Flint – Racing is a ‘critical friend’ of betting in tackling its regulatory predicaments

Ending his 17-year tenure at Sky Betting & Gaming (Sky Bet), industry figurehead Richard Flint has called for betting and racing leaders to work in partnership, tackling an ‘existential threat’ facing all betting stakeholders. Speaking to the Racing Post, Richard Flint the former Executive Chairman of Sky Bet, warned UK racing leaders not to be complacent in believing that their …

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Scotbet handed lifeline by last minute receivership deal

Scotbet one of the few remaining independent bookmakers operating in Scotland has detailed that it is fighting for its survival, having been placed into receivership last Friday. The struggling bookmaker blames the UK government’s £2 FOBTs stake reduction, detailing its enforcement as ‘the straw which broke the camel’s back’. Restructuring its operations, Scotbet management has been forced to close 11 …

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SportPesa tells stakeholders it has no fear in its Kenyan position

Leading Kenyan bookmaker SportPesa has issued a statement to media and its corporate stakeholders underlining that its business will not be ‘shut down’ by Kenya’s current hostile agenda against licensed betting incumbents. A turbulent week saw Kenyan betting grab global business headlines as the Uhuru Kenyatta government instructed a number of national departments to undertake the strictest of enforcements against gambling …

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Betsson H1 results disrupted by tough regulatory dynamics

Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for Q2 2019 trading. Publishing its H1 2019 interim update, Stockholm-listed Betsson AB reports a tough Q2 April-to-June trading period, in which group revenues declined 5% to SEK 1.27 billion (Q2 2018: SEK 1.3bn). Betsson governance details a ‘period of operational adjustments’, in …

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Irish government calls for increase to greyhound welfare funds

The Irish Cabinet has called for the greyhound industry to boost its welfare spending after the sector was rocked by recent controversies alluding to animal cruelty.  During the weekly cabinet meeting, the Government outlined new plans to ensure that the sector increases its spending on welfare initiatives and traceability, with suggestions made that the sector should be spending at least …

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Paddy Power launches ‘Save Our Shirt’ campaign alongside ‘real Huddersfield kit’

Paddy Power have announced it’s controversial ‘sash’ style Huddersfield Town kit was just a hoax, releasing the real kits alongside a campaign aimed at shirt sponsors.  The campaign, titled ‘Save Our Shirt’, is calling on brands, including fellow bookmakers, to stop sponsoring football shirts.  The intention of the hoax jersey was to shine a light on the issues around shirt …

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