The UK Gambling Commission (UKGC) has criticised claims from some betting operators of a thriving UK gambling black market, ahead of the upcoming review of the 2005 Gambling Act. According to a report earlier this month by data and analytics firm PwC, nearly 9 to10% of all gambling related searches online were for black market sites, and unregulated operators accounted …
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Scientific Games has appointed Glen Saville as its new Senior Director, Global Trading, taking over from Benjie Cherniak. Based in Las Vegas, he will be responsible for growing Scientific Games’ global trading business overseeing Don Best Sports and SG’s European operations to offer a seamless, industry-leading service. With a wealth of operator experience within the global sports betting industry, Saville’s arrival adds strength to the …
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Regulus Partners observes that US wagering’s heritage stakeholders are playing unsustainable word games to maintain market advantages… __________ Among all the drivers shaping sports betting adoption in the US, a very important factor often left out of accumulating lists is grammar and the meaning of words. On one level the importance of what words mean to the evolving landscape is …
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W2 has launched a new real-time affordability check solution to support the needs of operators adapting to evolving compliance guidance from the UK Gambling Commission (UKGC). UKGC guidance requires licensees to put affordability at the heart of their safer gambling commitments for 2021, and will undoubtedly become a central focus in the Gambling Act review, particularly as so many fines …
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The UK Gambling Commission (UKGC) has launched a new dedicated section on its website, informing the general public about understanding their rights and protections when participating in gambling. A new ‘Money and Rights’ section has been added to the GamblingCommission.gov.uk website hosted under the ‘Public and Players’ information category. The section offers detailed information on opening accounts, ID verification and …
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Genius Sports Group has filed a ‘registration statement’ informing the US Securities and Exchange Commission (SEC) of its intention to merge with special purpose acquisition company (SPAC) ‘dMY Technology Group II’ (dMY II). The SEC filing has been registered by the newly created holding company of ‘Galileo NewCo Ltd’ (NewCo) and confirms the merger approval by both Genius and dMY …
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The Supreme Tribunal of Spain has accepted an appeal lodged by Spanish media trade union Asociación de Medios de Información (AMI) challenging the amendments of Spain’s Consumer Affairs Ministry on the ‘Royal Decree of Advertising’. Published in yesterday’s government gazette, the AMI has urged the Supreme Tribunal – Spain’s highest-ranking legal body – to review Consumer Affairs orders that the …
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BetConstruct has optimised its back office for mobile devices, which provides extra support for its sportsbook and casino platform partners looking to monitor activity on the go. The integration of its mobile back office, BetConstruct said, will help bridge the agility gap for both sportsbook and casino operators by delivering ‘a comprehensive overview of sportsbook, casino, turnover, bets, reports’ among …
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M&A developments continue apace in the US market, as ‘26 Capital Acquisition Corp’ filed its initial IPO offering with a listing this morning on the Nasdaq Capital Market. Trading under the ticker ‘ADERU’, 26 Capital is the new ‘special purpose acquisition company’ (SPAC) of billionaire gambling investor Jason Ader, who serves as the company’s CEO. Debuting on the Nasdaq exchange, …
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Following the UK’s exit from the European Union (EU) on 31 December, 2020, the issue of the country’s overseas territory Gibraltar has been repeatedly raised in gambling industry circles. Gibraltar, which is the home to many gaming and sports betting operators, was the subject of an 11th hour deal between British and Spanish political authorities with regard to its post-Brexit …
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