Sportsbook

Ukraine’s Rada has sanctioned a series of ‘secondary laws’ to accompany its formally approved ‘Gambling Law’ mandate, establishing the foundation of Ukraine’s first-ever ‘Gambling and Lottery Commission’ (UGLC). Closing September proceedings, Rada ministers approved a secondary decree ‘on the formation of a gambling and lottery commission’, which will serve as the state’s legal entity to monitor licensed gambling activities and …

Lotteritilsynet, Norway’s gambling regulator, has reaffirmed its belief that proposals for a new common gambling law will facilitate ‘a more holistic regulation of the Norwegian gambling market’. Responding to the Ministry of Culture’s consultation on regulatory reform of the gambling industry, Lotteritilsynet stated that a reform is needed which ‘will ensure responsible gambling’. Earlier this year, Abid Raja, Norway’s Minister …

Kindred Group Plc has confirmed the promotion of long-term sportsbook lead Erik Backlund to the position of Group Chief Product Officer (CPO), further serving as a new member of the Stockholm-listed firm’s executive leadership team. The internal promotion sees Backlund replace Fredrik Kjell, who departed Kindred this autumn to join telecoms securities firm TrueCaller as chief operations officer. Updating investors, …

The Tennis Integrity Unit (TIU) has handed a four-year ban and $15,000 fine to Spanish tennis player Gerard Joseph Platero Rodriguez after he was convicted of courtsiding. The player has become the first to be charged with the offence, which involves the transmission of live scoring data from a match to a third party for betting purposes. Six months of …

Parimatch has secured terms with La Liga to become the official ‘CIS region betting partner’ of Spain’s highest tier of professional football. Agreeing terms on a two-year partnership, Parimatch confirmed that its brand will be displayed (where permitted) across 15 CIS state broadcast of La Liga matchdays. Parimatch’s logo will be showcased to CIS region audiences through the use of 3D …

The UK Gambling Commission (UKGC) has released new strict guidance for licence holders which will aim to stamp out malpractice in the management of ‘VIP’ customers. Stamping out the ‘irresponsible incentivisation of high value customers’ has become a key area for change, according to the UKGC, after the regulator reported failings in customer protection.  Furthemore, The House of Lords select …

Caesars Entertainment has confirmed that it has reached an agreement with William Hill which will see the US operator complete a £2.9 billion acquisition of the UK bookmaker. The acquisition, which awaits the approval of anti-trust and regulatory bodies, will support William Hill’s ongoing expansion into the US market by creating ‘one of the largest gaming-entertainment companies’ in the market. …