Carousel Group has confirmed the promotion of Josh Littin to the position of Director of Digital. He will be tasked with overseeing the firm’s online growth and product development strategies. Littin has served as Carousel’s Head of Product since 2018, becoming a key stakeholder in the launch and strategic development of the firm’s Sportsbetting.com and Racebook.com properties. Carousel confirmed that …
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Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents. Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels. ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing …
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FTSE250 GVC Holdings has confirmed that its executive committee members will take a 20% pay cut, while some staff have agreed to also forego bonus payments for 2020. GVC’s Board and remuneration committee stated that it ‘would be appropriate’ for both the Board of Directors and Executive Committee to take a voluntary reduction in basic salary and fees for three …
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The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …
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The first-panel session of the Payments Day track, held on day-four of the inaugural SBC Digital Summit, debated how COVID-19 disruptions will impact all dynamics related to AML, fraud and customer verification measures. Payment Expert Editor Joe Streeter led discussions on key industry disciplines that were in the midst of an overhaul, prior to the virus spreading and creating a …
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William Hill has confirmed that it has signed the pan-European code of conduct for responsible advertisement released earlier this week by the European Gaming and Betting Association (EGBA). By joining the initiative, William Hill has committed to the long-term vision set out by the EGBA when it comes to rolling out standards for gambling advertising content in Europe. The “Code of …
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A new FTSE100 gambling giant was formed this morning, as Flutter Entertainment Plc confirmed the outright completion of its $11 billion merger with The Stars Group Inc (TSG). Flutter has completed its six-month merger pursuit of TSG ‘on schedule’, securing all regulatory (Australia, UK and US) and shareholder approvals during the first half of 2020 trading. Updating its timetable, the …
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A further 16 websites have been blocked by the Danish Gambling Authority, Spillemyndigheden, after it was found that they were offering betting and gaming without a licence. The ruling was issued in March 2020, and marks the sixth time that the regulator has gone to court to have unlicensed betting, casino and skin betting websites blocked, having now blocked a …
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Stats Perform has significantly expanded its betting-related content to help bookmaker clients navigate lockdown complexities, facing the global downturn in live sports content. The sports-tech innovation studio detailed that it will amplify its Watch&Bet service for bookmakers by adding new esports and PDC Darts programming. Securing a partnership with leading pro-esports organisation BLAST, Watch&Bet will showcase the popular BLAST CS:GO …
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Swedish trade association Branschföreningen för Onlinespel (BOS) has published a report revealing that channelisation rates for both online casino and sports betting are tracking significantly below government expectations. Since the market reopened on 1 January 2019, it is estimated that between 80% and 85% of players have been channelled to licensed sports betting sites. This dropped for online casino sites …
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