Tag Archives: FSB

FSB teams up with Cricket.com to launch predictions game

FSB has signed a new agreement with Cricket.com to launch a new prediction-based game which will be made available across Cricket.com’s website and mobile app. It will allow cricket fans to test their knowledge of the game, as well as compete with their friends and other members to top private and public leader boards for virtual points. Sam Lawrence, CTO …

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Russell Colvin joins FSB as retail lead

Industry platform provider FSB has enhanced its Business Development team after naming Russell Colvin as the new Head of Retail Sales. Colvin has joined the firm from Playtech’s BGT Sports division where he held the role of Commercial Director. In his new role, Colvin will oversee the sales of FSB’s retail products such as its Self Service Betting Terminal and …

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UKGC warns of white label conduct following FSB failings 

White-label services have come under further regulatory scrutiny as the UK Gambling Commission (UKGC) has ordered FSB to pay £600,000 after the regulator identified responsibility failings attached to the management of its ‘subsidiary licensed’ partners.  Conducting an investigation, the UKGC found that FSB white label partners had breached industry standards on customer interactions, AML deficiencies, inappropriate advertising, self-exclusion protocols and …

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Fast growth FSB appoints Susan Ball as corporate advisor

Industry figurehead Susan Ball has joined the board of governance of fast growth betting platform and systems provider FSB, advising the company on its corporate expansion strategy amid changing market and regulatory demands. Issuing a market filing, FSB expands its governance appointing Ball as a Non-Executive Director, working closely with CEO Dave McDowell as FSB prepares for ‘rapid expansion across …

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FSB selects Rob Wheeler as new Business Development Director

Industry platform provider FSB has strengthened its leadership team by confirming that Rob Wheeler has joined the company as its new Business Development Director. The new appointment is hoped to help support FSB’s global expansion, with further senior appointments due to be announced in due course. Commenting on his new role, Wheeler said: “I’m delighted to have joined FSB at …

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FSB takes control of ‘in administration’ Black Type

Sports betting technology supplier FSB has issued a corporate statement on the website of white label sportsbook Black Type (BlackType.bet), confirming that the racing specialist bookmaker has entered administration and will ‘wind down all business affairs’. Black Type management’s decision has forced FSB to take control of the sportsbook to protect all customer funds and honour all open wagers. “We …

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FSB names Andrew Bowen as new CFO

Sports betting platform and systems provider FSB has strengthened its leadership team after appointing Andrew Bowen as its new chief financial officer.  Prior to his new role, Bowen has accrued a number of years of senior-level experience in corporate and operational finance across the gambling sectors having previously served as the Finance Director of the eGaming Division at Ladbrokes.  From …

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What drives betting innovation: operators, players or suppliers?

innovation

Innovation is a buzzword that routinely dominates the industry agenda. From a sports betting supply standpoint, innovation often comes in the form of new proprietary features, which combine to deliver a new future for sportsbook personalisation. You can read a full series on the subject here. Yet, within this popular summer series focused on the importance of pricing, risk management, AI …

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Raising the bar: Why FSB isn’t waving the white label flag to regulation

white label

FSB has implemented ‘state-of-the-art systems’ for customer protection to prevent future issues for its white label platform. Dave McDowell, FSB CEO, added that the recent crackdown on white label operators by the UK Gambling Commission (UKGC) shows that the regulator isn’t afraid to take “pretty severe measures” against companies who don’t raise their game when it comes to customer protection, …

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UKGC – ‘white label compliance cannot be transferred’

The UK Gambling Commission (UKGC) has issued a reminder to its remote operating licence holders regarding their obligations relating to compliance when operating gambling websites, including white labelled sites. The regulator has warned white label solutions providers that they hold the responsibility for the actions of their clients and that requirements on compliance – ‘cannot be transferred to any other …

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