Retail

LexisNexis Risk Solutions – Industry compliance pros see complacency as biggest AML threat

SBC News LexisNexis Risk Solutions - Industry compliance pros see complacency as biggest AML threat

Global business and legal research agency LexisNexis Risk Solutions has published a new study on gambling compliance attitudes towards money-laundering, titled – ‘On the Frontline: The UK’s Fight Against Money Laundering’  The research conducted by ‘Economist Intelligence Unit’, underlines that industry professionals ‘believe that their sector is at the highest risk of money laundering’. In its report, LexisNexis Risk Solutions seeks …

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GentingBet honours New Zealand pre-tournament bets following England win

SBC News GentingBet honours New Zealand pre-tournament bets following England win

Following the dramatic clash at Lord’s between England and New Zealand in yesterday’s 2019 ICC Cricket World Cup final, GentingBet has committed to honouring all pre-tournament bets on New Zealand winning the Cricket World Cup. The Black Caps fell short of winning the World Cup yesterday after England were named as the 2019 champions on a little-known boundary-countback rule, following …

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SG Digital launches ‘next level’ scorecards Match HQ

SG Digital

Delivering new ‘player first engagements’ and dynamics across its sportsbook network, SG Digital – the interactive arm of Nasdaq-listed Scientific Games Corporation (SGC) – has launched new live score product ‘Match HQ’. Match HQ offers a diverse range of match tailored scoreboard cards for US and European sports audiences. It has been developed by SG Digital’s innovation studio Red7, offering sportsbook clients …

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SKS365 appoints ‘political figurehead’ Maurizio Bernardo as compliance advisor

SBC News SKS365 appoints 'political figurehead' Maurizio Bernardo as compliance advisor

Seeking to bolster its regulatory and compliance capacities, Italian betting operator SKS365 Group has confirmed the recruitment of Maurizio Bernardo as a corporate strategic advisor. A renowned figurehead in Italian politics, Bernardo is the former President of the ‘Italian Chamber of Deputies’ Finance Committee’, and further regarded as an expert of Italian gambling. Updating stakeholders, SKS365 governance confirms that Bernardo will …

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Bacta trials new measures on ‘category D’ fruit machines

SBC News Bacta trials new measures on 'category D' fruit machines

Bacta the UK trade association for amusement/arcade sector stakeholders has moved to update its ‘code of- conduct’ and further trial new safety measures on ‘category D’ machines. The directive follows the conclusion of Bacta’s ‘general meeting’ on 9 July, in which associate members discussed new provisions to be sanctioned on category D fruit machines. Bacta members have agreed to evaluate …

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UKGC places extra demands on Casino 36 management

SBC News UKGC places extra demands on Casino 36 management

The UK Gambling Commission (UKGC) has sanctioned the management of Wolverhampton-based ‘Casino 36’ to undertake ‘extra training’ as part of a £300,000 penalty package for money laundering and social responsibility failures. A UKGC investigation has revealed that Casino 36 had failed to ensure adequate AML provisions with regards to undertaking customer ‘enhanced-due-diligence (EDD)’, ‘source-of-funds (SOF)’ and source-of-wealth (SOW) check carried out …

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Sportium delivers on Andalusian racing promise

SBC News Sportium delivers on Andalusian racing promise

Sportium the Spanish market joint-venture of Ladbrokes and Grupo Cirsa has announced a new dawn for Andalusian racing opening its new wagering property at the ‘Gran Hipódromo Dos Hermanas’ racetrack. Last November Sportium announced that it had secured an exclusive partnership with Dos Hermanas operator AHD Iberia, moving to revamp the historic Andalusian racetrack’s entire wagering capacity. Citing a number …

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HBLB places sectional timing and tracking tech at the front of 2019 budget

SBC News HBLB places sectional timing and tracking tech at the front of 2019 budget

The UK Horserace Betting Levy Board (HBLB) has published its official expenditure plans, outlining racing funding allocations for the full calendar year 2019. In its statement, HBLB governance details that it has established how to allocate its reduced budget of £94m (previously £99m) to support racing innovations, resources and stakeholders. The statutory body overseeing the racing levy responsibilities has committed …

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Four virtuals launched in new Golden Race VBOX retail solution

VBOX

Golden Race has introduced four new virtual games as part of VBOX, the company’s “next generation” software solution for land-based operators. Available to all of the virtual betting provider’s retail clients, VBOX features nearly a dozen games and sports including the new 3D Horse Racing, Dirt Track, Virtual Keno, Perfect Six.  This is in addition to popular existing products such …

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SAZKA confirms OPAP takeover intent

OPAP Q3 bounce back hurt by continued lottery declines

Czech gambling conglomerate SAZKA Group has clarified its intentions to secure ‘full control’ of Athens-listed OPAP SA, Greece’s largest lottery and sports betting operator. On Monday, the Athens Securities Exchange temporarily suspended OPAP’s listing, announcing that the gambling group anticipated a ‘major imminent corporate event’. This morning, Reuters disclosed that SAZKA governance had submitted a formal Athens Exchange filing detailing …

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