Sportsbook

The latest sportsbook news for the gambling industry.

Malta placed on FATF rogue list following litany of AML discrepancies

SBC News Malta placed on FATF rogue list following litany of AML discrepancies

Malta has been placed on a greylist of the Financial Action Task Force (FATF) – the global AML and anti terrorist financing unit of the G7.  The EU member state has previously faced international criticism regarding issues such as the Panama Papers scandal, which saw Maltese government figures implicated in establishing offshore companies encountered little legal action, as well as …

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Soft2Bet secures MGA licences to push forward with international growth

SBC News Soft2Bet secures MGA licences to push forward with international growth

Soft2Bet has strengthened its status in the European gaming sector after acquiring licences from the Malta Gaming Authority (MGA) for two of its brands, Campobet and YoyoCasino. CampoBet is one of Soft2Bet’s best performing brands in Europe, offering a range of sports betting options and casino games as part of a ‘all-in-one entertainment experience,’ whilst YoYo casino had be tailored …

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Bundesrat moves forward with no changes to unloved GlüNeuRStv regime

SBC News Bundesrat moves forward with no changes to unloved GlüNeuRStv regime

The German ‘GlüNeuRStv’ has maintained the much-disputed 5.3% wagering tax on online casino and poker verticals ahead of the launch of its online gambling regime on 1 July.  As the outstanding amendment for Germany’s Bundesrat (federal council) to resolve, the controversial tax received its approval from Bundesländer (state executives) this week as a federal measure of the GlüNeuRStv.  Bundesländer executives …

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Sky Bet: London competition poses threat to Yorkshire vacancies

SBC News Sky Bet: London competition poses threat to Yorkshire vacancies

Sky Betting and Gaming has revealed that it has more than 300 vacancies available as it prepares to open its new headquarters in Leeds, West Yorkshire, in September. Speaking to the Yorkshire Post, Conor Grant, CEO of Flutter Entertainment’s UK and Ireland divisions, informed the outlet about the multiple vacancies available at Sky Bet, recognised as Yorkshire’s top tech and …

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Canada moves out of gambling wilderness as Bill C-218 secures final approval

SBC News Canada moves out of gambling wilderness as Bill C-218 secures final approval

Canada has ended its decade long drama to legislate single sports wagering, as yesterday evening the Senate approved the third and final reading of ‘Bill C-218 The Safe & Regulated Sports Act’.  Approved without any amendment, Bill C-218 will allow Canada’s 10 provinces to choose whether to independently regulate for single-event wagering on pro-sports events. Of heightened significance, Bill C-218 …

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Genius Sports strengthens LatAm status with AFA partnership

SBC News Genius Sports strengthens LatAm status with AFA partnership

Genius Sports has enhanced its market status in Latin American by securing the position of exclusive official data and streaming partner of the Argentine Football Association (AFA). The agreement will see the data and technology provider collect and distribute data across 3,330 games per season and 13 competitions at all levels of Argentine football, with the aim of internationally connecting …

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Codere spins online unit to DD3 SPAC in pursuit of $350m Nasdaq listing

SBC News Codere spins online unit to DD3 SPAC in pursuit of $350m Nasdaq listing

Nasdaq-listed SPAC DD3 Acquisition Corp has entered a definitive agreement to merge with ‘Codere Online’ – the online gambling subsidiary of embattled Spanish gambling group Codere SA.  Under DD3 ownership, Codere Online plans to gain a listing on the Nasdaq Exchange, as dealmakers target a $350 million (€290m) valuation for the online gambling unit, which will be separated from Codere’s …

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DGOJ secures rights to reform Spain’s fragmented self-exclusion registry 

Spiffbet

Spain’s 17 autonomous communities have agreed to establish a cooperative framework on the management and data sharing of their individual gambling self-exclusion networks.  The principles of a cooperative framework were agreed upon at a meeting of Spain’s ‘Gambling Policy Council’, chaired by DGOJ Secretary-General Mikel Arana. To date, the majority of Spain’s autonomous communities have individually maintained their player gambling …

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Norway targets unlicensed ‘foreign gambling companies’ with new legislation

SBC News Norway targets unlicensed ‘foreign gambling companies’ with new legislation

Norway’s Ministry of Culture has introduced a new Gambling Law, implementing tighter restrictions on unlicensed international betting companies operating in the country, as well as their affiliates. Proposed by the government on 18 June and described as a ‘milestone’ by Abid Raja, Norweigan Minister of Culture and Gender Equality, the new bill aims to merge the nation’s fragmented gambling frameworks. …

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Danish regulator underlines stability despite online casino outpacing sportsbook growth

SBC News Danish regulator underlines stability despite online casino outpacing sportsbook growth

Spillemyndigheden has released its ‘2020 Danish Gambling Report’, revealing that the online casino vertical achieved a greater market share than sports betting for the first time. Denmark’s regulator – headed by Anders Dorph – revealed that overall online casino revenues amounted to DKK 2,453 million (€330m) representing a market share of 27% –  whilst sports betting accounted for 25% of …

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