Sportsbook

The Betting and Gaming Council (BGC) has reiterated the need to protect UK gambling’s continued progress on safer gambling objectives from growing black market threats. The trade body’s warning follows the publishing of the latest industry statistics by the UK Gambling Commission (UKGC) –  that saw problem gambling % rates for 2021 register 0.3% lower than the previous 0.6 recorded …

Local councillors and Police and Crime Commissioners (PCCs) have joined calls for stricter regulatory oversight of the betting and gaming industry, ahead of the 2005 Gambling Act review White Paper. Releasing a joint statement, the Local Government Association (LGA) and Association of Police and Crime Commissioners (APCC), cited research that 21% of gambling premises were based within the most deprived …

Novibet has surrendered its UK licence with immediate effect, after the betting and gaming firm officially informed customers that it would no longer be operational within the region. The Greek betting group entered the jurisdiction with licenses for real event betting and igaming, which includes poker, roulette, blackjack and other casino games, on November 1, 2014. Subsequently, a remote gambling software …

Kambi Group CEO Kristian Nylén has increased his personal shareholding in the company by 22,500 shares, as the firm seeks to secure greater control of its future strategic direction.  Nylén used the current exercise window to gain all of his 22,500 share options based on the 2018 buyback programming, thereby boosting his shareholding in Kambi from 720,000 to 742,500. The …

Mor Weizer, Group Chief Executive of Playtech Plc, has revealed his intentions to help the bid of M&A suitor TTB Partners Limited, which seeks to acquire the FTSE250 gambling technology group.  The board of Playtech disclosed Weizer’s intentions in an update to investors regarding the firm’s current outlook and status. On 2 February, a collective of Asian investors, led by …

Kindred Group has faced significant regulatory hurdles in the Nordic markets over the past week, with two of its subsidiaries falling foul of authorities in Norway and Denmark.  Last week, the Norwegian Lotteries Authority informed the Nasdaq Nordic-listed gambling group’s Trannel International brand that it would be hit with a daily fine of NOK 1.2 million (€120,000) if it does …

Goodwin Racing has introduced a new sportsbook, Betgoodwin, which looks to offer modern technology to new and existing UK players, such as bet cash out and create a bet. In creating the development with software suppliers FSB Technology, the partners have made available ‘thousands of pre market and in play betting opportunities’ every month. The current free bet refund offers …

STS Holdings has reported a strong trading year for 2021, as it made its debut on the Warsaw Stock Exchange (WSE), in particular experiencing increases in player number and bet volume.  Issuing an update this morning, the company – the largest betting operator in Poland – reported that the total value of bets placed by its customers stood at nearly …

Unibet has been handed one order and five reprimands by Spillemyndigheden, the Danish Gaming Authority, for ‘a number of breaches’ of KYC and AML requirements.  It was found that the Kindred sports betting brand’s AML strategy left the firm exposed to an increased risk of money laundering. In particular, the operator was found to have ‘not sufficiently made a risk …

The shift from retail to online betting is continuing in Australia, according to the Australian Communications and Media Authority (ACMA). Research from the Authority found that 11% of Australians reported participating in online gambling during the previous six months, an increase on the figure of 8% in 2020.  Online sports betting in particular has proven popular among Australian gamblers, with …