Paysafe Group begins a ‘new era’ as the digital payment services provider floats on the New York Stock Exchange (NYSE) following its combination with SPAC vehicle Foley Trasimene Acquisition II Corp. Led by US financial services magnet, William Foley II Foley Trasimene had made its initial approach to take Paysfe public last December, targeting a $9 billion valuation. March proceedings …
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Tim Miller, the Executive Director of the UK Gambling Commission (UKGC) leading research and policy development, has outlined the regulator’s principal objectives which will spearhead its new ‘Corporate Strategy’. The first UKGC executive to speak following this month’s abrupt departure of chief executive Neil McArthur, Miller addressed industry executives and wider business stakeholders at the CMS Law Gambling Conference. The …
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Adam Gontarz, CEO for custom software development company CrustLab, writes for SBC News about the emerging trends across the betting and gaming industry, and how 2021 promises some interesting technological developments. With the constant evolution and advancement of technologies within the betting and gaming industry, what was maybe considered ‘hot’ one day may be replaced by a new development or …
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The digital world is “very different from the retail world” for gambling, explained GiG’s Ashley Hardy and Nicola Fitton in a recent webinar about omnichannel titled ‘Digital transformation – the journey’. Held as part of the SBC Webinars series, the pair discussed why retail operators should look to a partner which can get your brand to a better ‘commercial’ place, …
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The British Horseracing Authority (BHA) has announced plans to tighten regulations of syndicates and racing clubs in order to ‘support public confidence’. Central to the enhancement of the regulations is a strengthening of the Code of Conduct for Syndicates. First introduced in 2017, the Code requires syndicates to provide members with a contract covering specific areas in order to advertise …
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Nicolas Fleiderman has been selected as the new Chief Executive Officer for A GAME ABOVE, taking over from Steen Madsen who stepped down earlier this year. Fleiderman’s appointment comes soon after the customer experience campaigns and consulting agency celebrated its first anniversary. In his new role, the new CEO will focus primarily on the company’s growth within regulated markets across …
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Kenya’s betting and gaming market has seen a number of regulatory challenges in recent years, particularly with regards to tax, but the sector still holds many opportunities for operators. In a panel at the SBC Digital – Africa event – sponsored by PM Affiliates and betgames.tv – David Moshia, Managing Director of Gaming Advisory Africa, moderated a conversation between four …
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The Starting Price Regulatory Commission (SPRC) has announced that UK racing fixtures starting prices will be determined using ‘mainly off-course mechanisms‘. The change has been implemented following a number of years under consideration, with the SPRC outlining that racing fixtures needs to better reflect their betting markets as a whole. Starting prices were last examined in 2015 when on-course betting …
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National self-exclusion service GAMSTOP has made its debut partnership with an English Premier League club, forming an agreement with Crystal Palace FC. As a result of the deal, the top tier team will share information about GAMSTOP’s services across its social media channels, including both the men’s and women’s teams, as well as donating advertising space at its Selhurst Park …
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Alberto Garzón, Spain’s Minister of Consumer Affairs, has revealed his department’s intentions to undertake a wholesale review of the country’s gambling’s tax regime across all licensed verticals. The minister made his statement in an interview with Europa Press radio, revealing that Spain’s Ministry of Consumer Affairs had ‘studied potential new formulas to tax gambling and sports betting operators’. Garzón maintained …
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