Leading UK online bookmaker, bet365 has expanded its operating capacity within Manchester after confirming it has taken a five-year lease on a city-centre building. It comes after the online bookmaker launched its DevOPs department in November 2019, which significantly boosted bet365’s operational capacity. “We are thrilled to welcome Bet365 to the final three floors at Core,” said James Whitcher, Asset …
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The Malta Gaming Authority (MGA) follows the UK Gambling Commission (UKGC) in suspending the B2C licence of incumbent Stakers Limited, operator of Stakers.com Issuing a statement on 10 March, the MGA declared an immediate ‘enforced suspension’ of Stakers licence, prohibiting the operator from servicing any wagering activities under its jurisdiction. “Stakers Limited is thus no longer authorised to carry out …
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Sweden’s gambling regulator, Spelinspektionen, has issued a warning to ATG regarding a number of technical issues which allowed players to receive bonus offers on multiple occasions. In February, the operator sent a letter to Spelinspektionen informing the regulator of the issue. Under Sweden’s Gambling Act of 2018, licensees are prohibited from offering players a bonus offer multiple times. The operator …
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Spelinspektionen, Swedish gambling’s regulatory inspectorate, has warned Entertainment Laboratories (Enlabs) that it could move to revoke its licence due to a lack of activity recorded within a re-regulated Swedish marketplace. Enlabs has been given a 1 July 2020 deadline to begin operating gaming activities in Sweden, after the regulator issued its demand. Responding to the warning, Baltic facing Enlabs has …
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Sports data and content supplier Sportradar has strengthened its Formula 1 offering with the introduction of live in-race betting markets, which will make pre-race and in-race markets available to operators. As F1’s official exclusive data provider, Sportradar will roll out the new markets at Melbourne this weekend. The deal includes live data being taken directly from the track on a …
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Industry virtual content supplier Inspired Entertainment has reported steady progress across the UK market, after revealing that it had offset the impact of the Triennial Review. Publishing its results for the three-month period and fiscal year ended 31 December 2019, Inspired revealed a 10.4% drop in full-year EBITDA, dropping from $54.7m in 2018 to $49m. Full-year total revenue was up …
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German gambling conglomerate Gauselmann Group has expanded its digital presence by acquiring a ‘significant majority stake’ in Newcastle-based Bede Gaming. The acquisition will allow Gauselmann Group to create new opportunities ahead of the launch of Germany’s online gaming market in 2021. Paul Gauselmann, CEO and founder of the Gauselmann Group, commented:“Bede’s technological expertise is very impressive and its highly complex …
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As the US gears up for election season, betting exchange Smarkets has suggested that Democratic front-runner Joe Biden has a 45% chance of becoming the next US president. Following a key victory in Michigan, Biden has successfully closed the gap with Donald Trump who is now trading at 51% to gain a second term. Currently trading at 93% to become …
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After a Gambling Commission investigation, online gambling operator Betway has agreed to pay £11.6m, alongside implementing a package of measures, for a series of social responsibility and money laundering failings linked to dealings with seven of its high spending customers. The regulator said that in one instance, the operator had failed to carry out source of funds checks on a …
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The European Gaming and Betting Association (EGBA) has called for the single market regulations to be ‘enforced more strongly across all sectors, including online gambling’. It follows on from the publication of the European Commission’s action plan for the enforcement of the EU single market rules, in which the EGBA agreed that the implementation and enforcement of EU law is …
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