Kenny Alexander is to step down as CEO of GVC Holdings after 13 years with COO Shay Segev taking control of the FTSE-100 operator almost immediately. Alexander will remain at GVC in the short term as a company executive to support the leadership transition. Confirming the leadership change, Chairman Barry Gibson said: “Kenny has built a remarkable global business, and has …
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The European Gaming and Betting Association (EGBA) has called upon German policymakers to ‘simplify the country’s complicated policy framework for online gambling’. The Brussels based industry trade body criticised Germany for being ‘one of the very few remaining European countries which has no properly functioning online gambling market’. Explaining why the new State Treaty must simplify current legislation, Maarten Haijer, …
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Sports betting supplier Betby has agreed a new partnership with Advabet which will make its sportsbook and Betby.Games esports offering available with the igaming solutions provider. Under the agreement, the Betby.Games offering will be available through the Advabet solution, which will include FIFA, NBA 2K and Rocket League competitions, with more events to be added. Leonid Pertsovskiy, Chief Executive Officer …
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The CIS office for international law firm Dentons has issued on-the-ground perspectives with regards to the approval of Ukraine’s ‘Gambling Law’ (Bill-2285-D). Tuesday’s industry headlines were dominated by the Verkhovna Rada approving the bill’s second reading 248-to-95, moving to end Ukraine’s 11-year prohibition of all forms of gambling except for lotteries. Observing Rada developments, Dentons CIS has detailed further insights …
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DACH bookmaker Interwetten will grow its brand exposure in Nigeria after securing former Premier League footballer Yakubu “Yak” Ayegbeni as its first Nigerian market brand ambassador. Yakubu will represent the brand in the Nigerian market, and will be integrated into all advertising activities, both online and print, for the betting group. Interwetten’s entry into the Nigerian sports betting market, was …
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The European Gaming and Betting Association (EGBA) has responded after the Spanish government radically altered its Royal Decree on Advertising mandate by adding further marketing and sports sponsorship restrictions on licensed incumbents. Last week, a European Commission filing revealed that the Spanish government had drafted a series of new amendments to its approved Royal Decree on Advertising, banning betting sponsorships …
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LeoVegas AB has written an open letter to the Swedish gaming inspectorate Spelinspektionen, urging it to clarify its interpretation of the new deposit limit. The letter follows on from disparities in the interpretation of new regulations introduced by the Minister of Health Ardalan Shekarabi which outline new deposit and stake limits for the duration of 2020. In the letter, LeoVegas …
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The operating firm of Stoiximan and Betano brands has confirmed that it will rebrand to ‘Kaizen Gaming’ in a bid to reflect its company culture of ‘continual improvement’. ‘Kaizen’ stems from a Japanese business philosophy which looks at introducing small, incremental changes to a business’ operations to try improve both quality and efficiency. The rebrand comes seven years after Stoiximan …
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Sportradar has this morning confirmed the appointment of Alex Gersh as new Group Chief Financial Officer (CFO) effective immediately. A sports betting figurehead, Gersh is recognised as a leading financial strategist for mass-market digital enterprises, having formerly served as Group CFO of Paddy Power Betfair Plc. Of distinction, alongside former CEO Breon Corcoran Gersh led the corporate turnaround of Betfair …
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Mikel Arana, the new Director-General of Spain’s DGOJ, has defended the government for revising the mandate of the approved ‘Royal Decree on Advertising’, which adds further market restrictions and controls on gambling. Speaking to Spanish newspaper El Diario, Arana held his first interview since taking leadership of the DGOJ after replacing long-term incumbent Juan Espinosa as Director-General on 5 May. Last week, …
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