Retail

Kulturdepartementet, Norway’s Ministry of Culture and Gender Equality, has instructed gambling regulator Lottstift to launch a compensation scheme, rewarding cultural sector organisations that have been impacted by the COVID-19 pandemic.  The collaboration was formally announced by Marianne Skjeldestad Hove, the director of voluntary support of Kulturdepartementet. The compensation scheme will be funded by Norwegian Lotteries, under the mandate of Norway’s …

The European Parliament has adopted a negotiating position on the provisions of the Digital Services Act (DSA), a development welcomed by the European Lotteries (EL) for enhancing consumer protection and measures against illegal online gambling.  Coming to a decision, MEPs approved the provisions by 530 votes to 78, with 80 abstentions, with the legislation now moving onto the ‘trilogues’ stage, …

Allwyn confirms recent news speculation, disclosing this morning that it has agreed to merge with SPAC vehicle Cohn Robbins Holdings Corp (CRHC)– a transaction that will see the multinational lottery operator list on the New York Stock Exchange (NYSE).  Issuing a joint statement this morning, Allwyn and CRHC dealmakers pursue an NYSE listing that will value the lottery group at $9.3 billion (€8.25bn) – representing …

IGT Plc has executed an executive team and boardroom reorganisation, as Group CEO Marco Sala is appointed as Executive Chairman of the NYSE gambling technology group.  The appointment follows wider group developments, that saw IGT majority owner De Agostini SPA announce that Lorenzo Pellicioli had chosen to end his sixteen-year tenure as CEO of the Italian investment conglomerate. B&D Holding …

Scientific Games Corporation (SG) has received international certification for its responsible gambling operations by the World Lottery Association (WLA). Covering the five continents in which SG maintains a commercial presence, the Responsible Gaming Framework Certificate of Alignment accredits the firm’s lottery activities across both retail and digital products and services.  The accreditation was secured by SG following an auditing process …

Chile gambling giants Enjoy and Dreams have reached a final agreement to merge their businesses, becoming the Chilean market’s biggest casino group and outright gambling leader.  The transaction, which is expected to be completed by Q4 or early 2023, will result in an enlarged company that will control 58% of the casino industry in Chile. According to documents sent to …

The board of ‘Nueva Codere‘, the business identity of Grupo Codere SA under the ownership of bondholders, has nominated Christopher Bell to serve as new Non-Executive Chairman.  The candidacy will be subject to the approval of the shareholders’ general meeting of Nueva Codere scheduled for 7 February. The meeting will aim to resolve the ‘construction of a new board that will …

Spelinspektionen, the Swedish Gambling Inspectorate, has issued a warning to the Swedish Bingo Association for failure to comply with social responsibility requirements on its website.  After conducting its assessment, the Inspectorate concluded that logos for self-testing, bet limitation, game suspension and determination of login time were absent from the idrottensbingo.se when customers were logged out. However, the responsible gambling messaging …

A new survey commissioned by safer gambling charities GAMSTOP and YGAM has revealed insights into university students gambling habits and spending. Taking feedback from 2,000 Students across UK campuses, the survey undertaken by research agency CensusWide revealed that 80% of participants had gambled. Of those students, 41% admitted that gambling had a “negative impact on their university experience, including missing …

Greg Wood, President of Bacta, has declared that the interests of British arcade operators will be heard by the government ahead of the critical outcome of the generational review 2005 Gambling Act.  For a third year running, British arcade operators will have to mitigate COVID-19 impacts on their businesses, as patrons stay at home and entertainment venue restrictions are imposed …