Sportsbook

FTSE250 betting group William Hill Plc has launched its Swedish market licensed online sportsbook property – WilliamHill.se. William Hill had confirmed in April that it would launch its Swedish sportsbook rebranding Redbet, the former sportsbook asset of MRG subsidiary Evoke Gaming. In its update, William Hill details that it has completed a major directive of its post €270 million MRG …

Issuing its first trading statement as a Nasdaq Stockholm-listed enterprise, Gaming Innovation Group (GiG) details a tough opening to 2019 trading, as the company undertakes Swedish market adjustments. Updating investors, GiG records a 13% group revenue decline to €32 million (Q12018: €37m), attributed to anticipated Swedish market costs following the re-regulation of the market. Swedish adjustments impacted GIG’s revenue segments …

The UK Gambling Commission (UKGC) has issued an update reminding all industry stakeholders that new rules on online age and identity verification will be enforced from today (Tuesday 7 May 2019). In its update, the UKGC states that it is enforcing new LCCP rules to ensure that online operators ‘verify customer age and identity details quickly and robustly’. Stricter demands …

Basque country public broadcaster Euskal Irrati Telebista (EITB) has confirmed that it will no longer broadcast gambling-related advertising across its TV, Radio and digital platforms. The board of EITB issued a statement detailing that its actions were a ‘necessary enforcement’ as a regional broadcaster ‘protecting and safeguarding the right of the most vulnerable against the serious problems of addiction that …

Sanctioned by the Ministry of the Interior, Kenya’s Betting Control Board has moved to introduce a number of gambling advertising/marketing restrictions aimed at ‘protecting the general public from addiction’. Issuing a statement on 30 April, Control Board Acting Director Liti Wambua confirmed that the regulator would introduce tougher measures restricting gambling advertising across Kenya. These measures include an outdoor advertising …

Stockholm-listed online gambling group LeoVegas AB has detailed a positive opening to 2019 trading, as the company adjusts to new regulatory conditions within the UK and Sweden. Publishing its Q1 2019 trading update (period ending 31 March), LeoVegas reports a 12% increase in corporate revenues to €86 million (Q12018: €77m), as the company records double-digit growth in customer metrics related …

The Netherlands Authority for Consumers and Markets (ACM) has released information pertaining to the reported ongoing scam in the country, in which scammers are looking to reclaim non-existent gambling debts from consumers. Lootsma and Partners, Bailiff Smits and Co and Inter Payment Service have all been named by the ACM as the collection agencies that form part of the scam, …