The Danish industry regulator, Spillemyndigheden, has reached out to employees of gambling operators who wish to report evidence of money laundering in the gambling industry through the establishment of a new whistleblower scheme. Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form …
Read More »Sportsbook
IPLyC lays out criteria for Buenos Aires licensing
The Argentine Provinces Board for Lotteries and Casinos (IPLyC), the organisation charged with regulating and monitoring Buenos Aires’ soon to be regulated online gambling marketplace, has published its ‘criteria for competition’ related to securing one-of-seven BA licenses. The board confirms that it has set a deadline of Tuesday 25 June 2019 for competing parties to submit official BA tenders, with IPLyC …
Read More »BetFan sets top five target for Poland’s online betting market
BetFan has set a target of “three to four years” to secure its place in the top five for licensed online bookmakers in Poland. The Warsaw-based operator wants to stand out for its diverse offering of bets – up to 1.5 million different bets each month – and for innovative solutions that guarantee both fast payouts and a simple/automated registration …
Read More »Irish government pledges to establish independent regulator by 2020
The Irish government’s proposals to establish an independent gambling regulator to oversee the licencing of all gambling operators has received the ‘full backing’ of the industry, according to junior minister David Stanton. According to the Fine Gael MP, the Gaming and Lotteries (Amendment) Bill will oversee licensing in addition to establishing a social fund to provide treatment for gambling addicts, …
Read More »Betway and Mandalorian reprimanded by Swedish regulator
Mandalorian Technologies and Betway have become the two latest gaming companies to be reprimanded by the Swedish regulator, Spelinspektionen, after the two were found to have violated bonus offer rules in place. The two have both received a warning and issued with penalty fees of SEK9m (£730k) and SEK5m (£406k) respectively. Current Swedish regulations state that licence holders are only …
Read More »GVC Holdings confirms Triennial & Technology savings
FTSE100 gambling group GVC Holdings Plc will today host its Capital Markets Day, with corporate leadership outlining the firm’s ‘foundations for long-term market outperformance’. Presenting the firm’s strategic objectives and future prospects, GVC governance details progress on the firm’s enlarged agenda, a year following its transformative acquisition of Ladbrokes Coral. Citing an ‘accelerated migration’ of Ladbrokes Coral online brands onto …
Read More »Richard Flint confirms Sky Bet departure
The Stars Group Inc has confirmed that Richard Flint has chosen to end his tenure as Executive Chairman of Sky Betting & Gaming (Sky Bet). Flint departs Sky Bet following 17-years with the company, serving from 2001-to-2018 in the capacities of Managing Director and Chief Executive. Regarded as one of global betting’s leading figureheads, Flint is credited for turning Sky …
Read More »PokerStars adjustments stunt Stars Group Q1 2019 opening
Publishing its Q1 2019 trading statement (period ending 31 March), Toronto TSX-listed The Stars Group Inc details strong progress on its global objectives as an enlarged enterprise. Absorbing the assets of Sky Bet UK and BetEasy Australia, the Stars Group records Q1 2019 corporate revenues of $580 million (Q12018: $392m). “During the quarter, we delivered on key components of our …
Read More »Argentine players seek international tie-ups to secure BA-7 licenses
Argentine news reports of a ‘diverse cast’ of national and international operators vying to secure one of seven Buenos Aires province online gambling licenses. On Monday, the Buenos Aires executive closed its ‘window of submissions’ for operators seeking to join BA’s regulated online gambling marketplace. Argentina’s first legislative code for online gambling was approved last April, as BA districts sanctioned the …
Read More »The FA investigates Yerry Mina for Betjuego promotion
The FA is investigating Everton defender Yerry Mina for taking part in a video in his home country of Colombia to promote Betjuego. As reported by Sky Sports, it appears that Mina – who joined Everton from Barcelona in the summer of 2018 – may have breached the FA’s rule E8(3). The rule states: “An individual Participant (player, coach, agent etc) …
Read More »