Tag Archives: betsson

FATF due to visit Malta to confirm AML action plan

MGA

The Financial Action Task Force (FATF) will visit Malta this Friday, to clarify whether the island’s financial authorities have completed the assigned action plan on AML policies.  Malta had previously been placed on a greylist of financially risky jurisdictions by the FATF – the G7’s AML and anti-terrorist financing investigative unit – after the task force identified a number of …

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GiG supports launch of Latvia’s FeniBet via Admirāļu klubs partnership

SBC News GiG supports launch of Latvia’s FeniBet via Admirāļu klubs partnership

Gaming Innovation Group (GiG) will power the launch of a new sportsbook brand in the Lativan market, FeniBet, in collaboration with one of its long-term partners in the country.  Working with Novomatic AG Group’s Admirāļu klubs, FeniBet’s entry into the Latvian sector is GiG’s third in the country, as the platform and sportsbook provider looks to further consolidate its foothold …

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KSA retires Dutch Cooling-Off command

Rene Jansen KSA

Kansspelautoriteit (KSA), the Netherlands gambling authority, has confirmed that its ‘Cooling-Off’ command will expire as of Friday 1 April 2022.  The Cooling-Off command was enforced by KSA as a pre-licensing condition to safeguard the launch of the KOA Regime on October 1 2021, which saw the Netherlands establish its regulated online gambling marketplace. Spanning a period of two years and …

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GiG and Betsson agree three-year partnership extension

SBC News GiG and Betsson agree three-year partnership extension

Gaming Innovation Group Inc (GiG), the Malta-based igaming tech firm, has extended its long-term agreement with online gaming outfit Betsson Group for the provision of platform and managed services. These include customer service and full business operations across multiple territories.  In a statement, GiG confirmed that the contract extension will run for an additional three years, taking the term of …

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Betsson delivers on 2021 targets but can’t hide scars of deep Euro impacts

SBC News Betsson delivers on 2021 targets but can't hide scars of deep Euro impacts

Betsson AB has published its fourth-quarter update and FY2021 snapshot report, citing a tough closing to Q4 trading, with the Stockholm online gambling group still managing to deliver on its financial and corporate objectives.  The group praised its diversified business model and a geographical make-up that helped ease trading difficulties within mature markets. Headline Q4 metrics saw Betsson register group …

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Betsson boosts Brazilian football investment with Gauchão

SBC News Betsson boosts Brazilian football investment with Gauchão

Betsson has revealed that it will be sponsoring the Campeonato Gauchão football championship and be present in all commercial properties of the competition. After having invested in Brazilian football since 2021, the Swedish online betting platform now sponsors the 102nd edition of the competition, where 12 clubs will play 72 games to compete for the title. Andre Gelfi, Managing Partner …

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Colbet predicts continued high sports betting turnover ahead of casino launch

SBC News Colbet predicts continued high sports betting turnover ahead of casino launch

Colbet is preparing to launch its live casino offering in the Colombian gaming market, but anticipates that sports betting will remain the dominant vertical across its wider operations.  Speaking to local news outlet La Republica, Santiago Melo, the General Director of the operator, anticipated that the sports betting vertical will continue to contribute around 80 per cent of total group-wide …

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Betsson strengthens LatAm visibility via Colo-Colo deal

SBC News Betsson strengthens LatAm visibility via Colo-Colo deal

Betsson Group has signed a one-year sponsorship agreement with Chilean football club Colo-Colo, in a strengthening of its marketing and brand visibility in Latin America.  The global sponsorship will cover the 2022 season, and will see operator’s logo featured on the Chilean Primera División club’s shirt sleeves for both home and away games, whilst an additional term has included the …

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