Mondobets has become the first online gambling incumbent to establish an operating presence in the autonomous Spanish city of Ceuta. The move comes after the North Africa based jurisdiction opened its doors to the world of online betting in 2018, offering industry stakeholders tax and operational incentives with the aim of competing against Gibraltar, the British overseas territory adjusting to UK …
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Kansspelautoriteit (KSA), the Netherlands gambling authority, has published its first guidelines on preventing money laundering and the financing of criminal activities through gambling verticals. Though not ‘legally binding’, the provisions and best practices promoted by KSA have been developed to ‘comply with obligations’ established by the Netherlands ‘Wwft Prevention Act’. Maintaining the integrity of Dutch financial systems, all business stakeholders …
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Matt Shaddick, Head of Ladbrokes Politics, said that betting has “never really solved the problems around offering betting on constituencies” amid rumours of a UK snap election. Speaking in ‘Rare Breed – Betting on Politics’, the first in SBC’s new fortnightly ‘Betting on Sports webinar series’, Shaddick admitted that the difficulty in pricing 650 markets right makes them a “gold …
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Bolstering its sportsbook profile and capacity, German omni-channel gambling operator Gauselmann Group has confirmed the appointment of Mattias Dahms as Managing Director of subsidiary Merkur Sports & Gaming. A renowned figurehead within German sports betting, Dahms has formerly served as Chief Executive of Gauselmann-owned DACH region sports betting property XTiP Sportwetten (2014-2019). Gauselmann confirms that Dahms remit will see the …
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Stockholm-listed Kindred Group Plc has this morning confirmed that it will not pursue its licensing application for the regulated Spanish online gambling market. The European online gambling group details that it had begun its DGOJ licensing application process in December 2018. However, a strict deadline to adjust its platform provisions for Spanish market compliance requirements sees Kindred withdraw its application …
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Sportsbook provider Altenar has reaffirmed its commitment to regulated markets after getting licensed by the UK Gambling Commission (UKGC). As well as obtaining a gambling software licence, the company has also been granted host licences for real and virtual sports. The combination of authorisations will allow it to offer both its software-only package and its fully managed sports betting platform …
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Bolstering its commercial capacity, industry omnichannel systems provider Digitain has confirmed the opening of a new UK regional office in Sheffield. Recently appointed Head of International Business Development Simon Westbury will head up the Sheffield hub, which will provide ‘localised client-facing and account-management services’ supporting Digitain’s international growth plans. In its update, Digitain confirms that it has begun to …
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Gustaf Hoffstedt, Secretary-General of Swedish online gambling trade association BOS, has requested that gambling inspectorate Spelinspektionen offer clarity on recent fines related to ‘betting on sports events’ sanctioned under Chapter 8 of Sweden’s revamped Gambling Act. Requesting an ‘urgent meeting’, the BOS leader urges Spelinspektionen to offer ‘clear and detailed guidance’ on Chapter 8 and its board definition, related to …
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Online gambling firm Gaming Innovation Group (GiG) has allegedly halted its sportsbook operations for its proprietary Rizk and Guts brands across Sweden, citing the country’s regulatory framework as the main reason. As reported on igamingbusiness, GiG has argued that the current ‘lack of clarity’ in Swedish gaming laws has meant that the brands will ‘temporarily suspend’ all bets until there …
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Betfred has this morning confirmed that it will enter the regulated Spanish gambling market, having secured DGOJ licences to operate online B2C sportsbook and casino services. Entering 2019, the UK legacy betting group underlined its intentions to launch a Spanish online gambling business, seeking to diversify its market make-up and revenue channels. Confirming Betfred’s Spanish market developments, Group Chief Operating …
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