Tag Archives: Cyprus

Cyprus’ NRC rolls out BoscaSports betting displays in RMG deal

Cyprus’ NRC rolls out BoscaSports betting displays in RMG deal

Racecourse Media Group (RMG) has partnered with Cypriot betting brand Nicosia Race Club (NRC) to integrate BoscaSports’ betting display platform across the operator’s retail estate. The digital screens will be used to distribute RMG’s ‘premium’ racing content to NRC’s customers in Cyprus, covering meetings from prominent UK racecourses such as Epson, Newmarket, York and Goodwood via the Racing TVi service. …

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KSA orders Gammix to withdraw or face €4.5m Dutch penalty

KSA, Netherlands/Dutch gambling authority

Kansspelautoriteit (KSA) – The Netherlands gambling authority has issued a cease-and-desist order to Cyprus-based online casino multi-brand operator Gammix Limited.  KSA has accused Gammix of breaching KOA market rules, as the unlicensed operator is deemed to have offered ‘illegal online games of chance’ to Dutch consumers. Gammix that operates a portfolio of 15 online casino brands including Rigged.com, Zinkra, Touch …

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OPAP offloads Betano stake to Allwyn investment vehicle

SBC News OPAP offloads Betano stake to Allwyn investment vehicle

OPAP SA has notified investors that it has divested its ‘minority interest’ in Betano, the Pan-European sportsbook subsidiary of Kaizen Gaming.  Issuing a market filing, the Athens-listed gambling group disclosed that it had sold its 36.75% stake in Betano to Rubidium Holding – a fully owned ‘indirect’ investment vehicle of Allwyn Entertainment. Deal terms will see OPAP receive an upfront …

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Parimatch rebrands corporate identity to Parimatch Tech

SBC News Parimatch rebrands corporate identity to Parimatch Tech

Leading CIS betting group Parimatch has rebranded its corporate identity to ‘Parimatch Tech’ to better reflect the firm’s strategic vision as a multi-market, proprietary-built sports betting incumbent.  The corporate rebrand conveys Parimatch Tech’s 27-year journey, transitioning from a single betting shop to a pioneering tech-first betting enterprise maintaining a global footprint within the Ukraine, Cyprus, UK, Kazakhstan, Belarus, Tajikistan, Tanzania, …

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OKTO.CASH provides new physical-to-digital top-ups for Parimatch players in Cyprus

OKTO.CASH

Parimatch players in Cyprus can now make use of OKTO.CASH, a new physical-to-digital payment method allowing them to top-up their online gaming account with cash. OKTO.CASH from leading fintech firm OKTO is an in-app payment method designed to deliver a seamless experience throughout the top-up process, with funds accessible to players in real-time without exiting the gaming app or site.  …

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Cypriot football seeks betting levy for development programmes

SBC News Cypriot football seeks betting levy for development programmes

The Cypriot Parliament has begun discussions on amending the nation’s ‘Sports Betting Law’ for the purpose of benefiting all-levels of Cypriot football development. At a meeting attended by the Pancyprian Footballers Association (PASP), MPs debated utilising a ‘percentage of all tax revenue generated from betting to support, educate and medically treat footballers across all levels in Cyprus’. The proposed amendment …

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Greek retail closures rock OPAP Q1 performance

SBC News Greek retail closures rock OPAP Q1 performance

OPAP SA has disclosed double-digit declines across all core operating metrics as a result of closing its entire retail network (betting shops, gaming venues and lottery stalls) following Coronavirus restrictions enforced across Greece and Cyprus. Publishing its Q1 2020 results, OPAP recorded group revenues of €328m down 17% on corresponding 2019’s €396m, as the Athens-listed gambling group disclosed that first-quarter …

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OPAP supports public health networks with direct response programme

SBC News OPAP supports public health networks with direct response programme

OPAP has launched a ‘direct response programme’ which will support public health networks and emergency services in its home markets of Greece and Cyprus. Last week OPAP, the operating firm of the Greek National Lottery confirmed that it had donated 500,000 surgical masks and further emergency equipment to be directly used by Greece’s National Health Service.  The Athens-listed firm detailed …

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Cyprus bookmakers report 14% drop in GGR for Q2

SBC News Cyprus bookmakers report 14% drop in GGR for Q2

Publishing its quarterly report for the second quarter of the year, the National Betting Authority of Cyprus has revealed a 14% drop in gross gaming revenue (GGR) for Class A (retail) and Class B (online) licensees.  The report, which includes the publication of the financial results and quantitative data for the period April – June 2019, noted a tough trading …

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6 of the Best – Gamban’s Jack Symons

Blonk 6OTB

This week’s 6 of the Best comes from Jack Symons, Co-Founder and Director at Gamban. In the latest edition we discover which Matt Damon hit is a particular favourite, have a different take on a musical answer and find out which dominant sporting side was a joy to behold. Best Holiday I’ve been lucky enough to travel a lot of the world [I’m …

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