Tag Archives: bwin

Entain shows Dutch hand acquiring BetCity.nl for €850m

Entain Plc has agreed to acquire BetEnt BV, the Dutch licensed operator of BetCity.nl, in a move to secure a leading presence within the Netherlands’ newly regulated online gambling regime. This morning, FTSE100 Entain announced that it had entered a deal to acquire BetEnt’s entire share capital from owner Sports Entertainment Media BV for an initial consideration of €300m (£257m). …

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Polish cross-party committee calls for rethink of sports betting taxes 

BetFan

Pressure is mounting on Poland’s Ministry of Finance to undertake a review of its gambling tax structure, revitalising income generated from licensed bookmakers.     A cross-party Sejm (lower parliament) committee representing ‘Polish consumers and entrepreneurship’, had announced that it has submitted a proposal advising the Ministry “to abandon the 12% turnover tax applied to sports betting.” The Committee has advised the …

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DAZN recruits Tiku as tech master to lead development of global sportsbook platform

DAZN has announced the appointment of Sandeep Tiku as Chief Technology Officer (CTO) who will spearhead the global OTT sports media provider’s development of its much-anticipated proprietary sportsbook platform.  An industry figurehead, Tiku joins the DAZN executive leadership team from Entain Plc, where he formally served as Chief Operations Officer (COO) and executive board director of the FTSE100 gambling group. …

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Entain maintains confidence in 2022 outlook but Euro headwinds blur vision

Entain Plc’s 2022 performance began in line with corporate expectations, as its business units and brand portfolio are matched against tough 2021 like-for-like comparatives.  Publishing its Q1 2022 trading update, Entain reported that group NGR was up 31%. This, it said, was supported by the return of its retail unit performance which achieved a 1,000% NGR uptake against 2021 lockdown …

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Entain Foundation initiates first time aid for grassroots sports in Italy

Entain Foundation has extended its support for grassroots sports to Italy through its partnership with non-profit organisation, Sport Senza Frontiere Onlus. For the first time, the collaboration will now aim to deliver a social inclusion programme through free access to sport for young people across Italy – where Entain operates through the Eurobet, bwin and Gioco Digitale brands. Andrea Faelli, …

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Winning Post: Hungary to break away from Monopoly status

To the surprise of industry observers, Hungary’s parliament will review draft legislations aiming to liberalise the nation’s sports betting market. Regulus Partners reviews the market clauses proposed by drafts legislations to envision how Hungary’s sports betting regime may take shape post its full monopoly status…   Hungary is one of the few countries remaining in the EEA which has an online …

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Robert Hoskin – No time for cynics Entain leads global gaming on ESG fronts

Environmental, Sustainability and Governance (ESG) initiatives are a growing focus of corporations across all mass market sectors. Though cynics may argue that the policies function largely as a public relations exercise, for Robert Hoskin this is far from the case.  To date Hoskin’s career reflects the ever-changing landscape of igaming, witnessing first-hand PartyGaming’s transition through subsequent M&As with Bwin, GVC …

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Sportradar lands first sports betting data contract from UEFA

UEFA, the governing body of football in Europe, has awarded its first ever contract for sports betting data to Sportradar. The new agreement will see Sportradar become the continental governing body’s authorised collector and distributor of data for betting purposes, building on its current position as the authority’s integrity partner for the past 12 years.  Sportradar will collect and distribute …

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KOA applicants urge KSA to clarify cooling-off commands 

Entain Plc and Kindred Group have reaffirmed their intent to join the Netherlands KOA online gambling marketplace which is due to launch on 1 October.  Yesterday, KOA’s first 10 licenced applicants were disclosed by Kansspelautoriteit (KSA), the Netherlands’ gambling regulatory authority. Presumed to be taking part in the KOA’s first licensing window, European igaming giants Entain and Kindred withdrew their …

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Betano boosts Portuguese branding via FC Porto deal

Betano has signed an agreement with FC Porto, becoming the club’s betting partner and gaining front-of-shirt sponsorship of its handball team. The deal is the second major betting partnership signed between the Kaizen Gaming-owned sports betting brand, following on from its agreement with FC Porto’s Lisbon-based rivals Benfica and Sporting CP as well as SC Braga, Marítimo and Os Belenenses. …

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