The fate of Kenya’s sports betting industry has been revived following President Uhuru Kenyatta’s signature of a 7.5% tax on gambling wagers. The tax measure was contained within the Kenyan Revenue Authority’s (KRA) revised ‘Finance 2021 Bill’, which saw the government modify its federal taxes on gambling and telecom sectors. Securing its presidential approval, the KRA has agreed to lower …
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Playtech Plc has completed a headline project for Czech gambling group Fortuna Entertainment, confirming the successful migration of its PSK Croatia brand onto Fortuna’s centralised platform. The FTSE technology group had undertaken the project back in 2017, following Fortuna’s acquisition of Prva Sportska Kladionica (PSK), a deal that saw Fortuna become Croatia’s biggest gambling firm. The three-year project, saw Playtech …
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The Betting and Gaming Council (BGC) has welcomed the government’s decision to move the UK into the final phase of lockdown. Last night, PM Boris Johnson confirmed that the government would maintain its timetable and end ‘almost all’ COVID-19 social and business restrictions from Monday 19 July. Despite the UK recording +70,000 cases of the Delta Variant, PM Johnson stated …
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The Sports Betting Integrity Forum (SBIF) has relaunched its website and online resources to provide a better platform for informing all relevant stakeholders involved in protecting the UK’s sports integrity. The forum works as the UK’s representative betting integrity body within the Council of Europe’s ‘Macolin Convention’ on the safeguarding of professional sports against manipulation and criminal threats. The SBIF, …
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Entain has issued a statement expressing ‘disappointment’ at the decision by Australian operator Tabcorp Holdings to demerge its Wagering & Gaming and Lotteries & Keno businesses. Making its announcement this morning, Tabcorp revealed plans to establish the aforementioned business sections as independent ASX registered companies – known as Wagering & GamingCo and Lotteries & KenoCo respectively – with jurisdiction across …
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Tabcorp Holdings will proceed with its intentions to demerge its Lotteries & Keno and Wagering & Gaming units with the objective of ‘creating two market leading companies’, following the completion of its ‘comprehensive strategic review’. Approved by company Chairman Steven Gregg and the company’s new board of directors, Tabcorp believes that the unit divestments will deliver Tabcorp investors their long-awaited …
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The Betting and Gaming Council (BGC) has called on the government to strengthen the gambling sector’s customer complaints process by establishing an industry ombudsman. Although a system for dealing with customer complaints already exists, the betting and gaming industry standards body has argued that the creation of an ombudsman would improve consistency of the process as well as its general …
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The acquisition of Gamesys Group by Bally’s Corporation is now closer to completion, after the board of the US betting and gaming conglomerate obtained the required votes for all shareholder approvals. Under the terms of the initial takeover agreement signed in April, the merger will see Bally’s, in cooperation with Premier Entertainment, acquire the entire issued and to be issued ordinary …
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Altenar has strengthened its position in the Colombian market after signing a new partnership with Colbet.co and Betsson Group. The agreement, which follows a revamp of Colbet.co, will see Altenar become the new sportsbook supplier for the betting operator. From 1 July, bettors will be able to access an updated version of the operator’s site, which it believes will deliver …
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Ahead of the new football season, Spotlight Sports Group has released a series of new pre-play and in-play packages which will be powered by its Superfeed content engine. The new packages, Spotlight Sports Group said, will expand its coverage of football across more teams and leagues “than ever before”. Will Fyler, Spotlight Sports Group’s Head of Digital, explained: “Euro 2020 …
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