Former Paddy Power Chief Executive Stewart Kenny and Chairman Fintan Drury have called for changes to oversight of the betting and gaming industry in Ireland, as the country moves forward with legislation to introduce an industry regulator. As reported by The Times, the duo – along with Ian Armitage, the former director of the now Flutter Entertainment-owned bookmaker’s first financial …
Read More »Tag Archives: European Gaming and Betting Association (EGBA)
Flutter joins EGBA as organisation strengthens sustainability pledge
Flutter Entertainment has become the latest operator to join the European Gaming and Betting Association (EGBA). By joining the Brussels-based trade group, Flutter has reiterated its commitment to industry responsibility and safer gambling across the European betting and gaming sector, with the organisation representing EU licenced and regulated operators. The Dublin-based FTSE 100 company joins a range of prominent betting …
Read More »Italian football authorities call for suspension of betting sponsorship ban
The Italian Football Federation (FIGC) has argued that the country’s betting sponsorship and advertising ban should be temporarily lifted in order to allow the sports sector to recoup lost earnings. First implemented on 1 January 2019, the Italian advertising ban has seen the full range of commercial marketing including product placements, distribution of branded items and influencer marketing are banned …
Read More »Norway targets unlicensed ‘foreign gambling companies’ with new legislation
Norway’s Ministry of Culture has introduced a new Gambling Law, implementing tighter restrictions on unlicensed international betting companies operating in the country, as well as their affiliates. Proposed by the government on 18 June and described as a ‘milestone’ by Abid Raja, Norweigan Minister of Culture and Gender Equality, the new bill aims to merge the nation’s fragmented gambling frameworks. …
Read More »IBIA finds ‘no corruption issues’ across 99.96% of regulated markets
The International Betting Integrity Association (IBIA) has released its ‘optimum’ study into betting regulation, assessing 20 jurisdictions across six continents, finding no evidence of corruption across the vast majority of surveyed markets. Covering ‘a range of licencing models,’ the study collected fiscal and integrity data from multiple regulated betting operators – representing almost 50% of all commercial online betting activity …
Read More »EGBA urges German Lander to drop ‘anti-competitive’ online tax rates
The European Betting and Gaming Association (EGBA) has urged the German Bundesländer to reject proposed tax rates of 5.3% on online poker and slots, arguing that this would undermine the country’s recently updated gambling regulations. The turnover tax has been proposed by the Bundesrat, Germany’s Federal Council, as the final tax arrangement that should be imposed on casino and poker …
Read More »Norway ‘losing control of online market’ due to rejection of state monopoly
The prevalence of a state monopoly has led to Norway ‘losing control of its online gambling market’ according to Maarten Haijer, Secretary General of the European Gaming and Betting Association (EGBA). Under the current system, Norway’s two operators – Norsk Tipping and Norsk Rikstoto – are both state-owned, with the former responsible for lotteries and sports betting, whilst the latter …
Read More »EGBA’s Haijer welcomes Kindred report but argues industry must do more
Maarten Haijer of the European Gaming and Betting Association (EGBA) has warned that the industry must learn its lessons and adapt as it comes under increasing public scrutiny. The EGBA’s Secretary General recently spoken highly of Kindred Group’s move to make public the shares of its revenues made from customers at a high-risk of gambling harm. Kindred’s report found that …
Read More »EGBA: European gambling revenues drop by 23% in 2020
The gambling sector is continuing to reel from the effects of the global pandemic, as data from the European Gaming and Betting Association (EGBA) has shown that betting revenues are set to fall by 23% in 2020. The data, published in collaboration with H2 Gambling Capital, has found that Europe’s total gambling revenue will drop from €98.6 billion gross gaming …
Read More »EGBA welcomes European Commission’s DSA proposals
The European Gaming and Betting Association (EGBA) has welcomed new proposals made in the European Commission’s proposals for a Digital Services Act (DSA). The publication of the proposals follows on from the Commission’s calls for ‘an ambitious reform of the digital space’. The long-awaited legislative proposal, which will support the Digital Markets Act, will introduce rules for regulating large digital …
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