Tag Archives: gibraltar

HM Gibraltar places online gambling industry on strict AML orders 

The HM Government of Gibraltar has imposed fines totalling £2.5 million across its online gambling sector, having identified weak processes and controls related to ensuring AML protections.  The fines shared across the industry follow a ‘thematic review’ undertaken by Gibraltar’s Gambling Division undertaking risk assessment of AML and compliance duties. In its assessment, the Gambling Division noted that operators had …

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MansionBet expands platform agreement with DraftKings B2B

DraftKings Inc has announced a major partnership renewal for its B2B technology unit (formerly SBTech) as Gibraltar-based Mansion Group renews and expands its existing platform arrangement. Updating stakeholders, Mansion Group confirms that DraftKings B2B will continue to serve as lead platform provider for its flagship MansionBet brand, servicing its lead software for online casino and sportsbook services. As lead technology …

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WTC: Gibraltar success stories and “future-proof” business

Gibraltar

In the second of a two-part series, World Trade Center Gibraltar Senior Advisor Brian Stevendale highlights two of the biggest success stories for business in Gibraltar, before two WTC inhabitants share details of its fun and COVID safe environment. Office space success stories Lottoland is the obvious Gibraltarian gaming success story. It started off with 15m2 of Gibraltarian office space …

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WTC: Why you should move your gaming business to Gibraltar

Gibraltar

In the first of a two-part series, Brian Stevendale – a 20-year veteran of the Fairhomes Group, an Investment and Property Development Group located in the World Trade Center Gibraltar – writes for SBC News about the gaming-friendly ecosystem on ‘the Rock’ and why so many enjoy doing business in the sun. Julian Jarvis is the CEO at Pragmatic Play, …

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Liverpool FC in agency dispute over £15m BetVictor sponsorship

Liverpool FC has entered a legal dispute related to its £15 million training kit sponsorship with Gibraltar-based bookmaker BetVictor. Sports sponsorship agency Winlink has sued the Premier League leaders for a reported £1.1 million, stating that one of its senior executives had introduced club officials to the bookmaker. Winlink underlined that it was ‘heavily engaged over a number of years …

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Mansion orders Playtech sports betting upgrade for casino properties

Mansion Group has expanded its lead technology supplier agreement with Playtech Plc, adding a further sportsbook platform for its Casino.com property. The product and services extension follows Mansion renewing contract terms with Playtech as its lead technology and platform supplier for a further five-years. Updating stakeholders, Mansion confirmed that it seeks to expand Casino.com’s capacity by adding new sportsbook components, alongside …

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BetVictor terminates its Isthmian amateur football profile

The Isthmian Premier League has issued a statement confirming that BetVictor has opted to terminate its title sponsorship agreement which covers its syndicated leagues. Established in 1905, the Isthmian League is a regional men’s semi-pro football association formed by amateur clubs across London, the East and South East of England. Last summer, Gibraltar-based bookmaker BetVictor secured a two-season deal to …

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Andrew Lyman – Brexit is no ‘doom & gloom scenario’ for Gibraltar gambling

Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub navigating Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, industry …

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MansionBet expands horse racing sponsorship with HRI

Grosvenor Sport

Online sports betting operator MansionBet has announced the expansion of its current horse racing sponsorships into Ireland for 2020 with Horse Racing Ireland (HRI). As a result of the deal, the Gibraltar-based operator is now set to sponsor over 60 events throughout the UK & Ireland, including Doncaster, Newmarket, Newbury, Cork, Naas and Fairyhouse. Dana Bocker, Head of Integrated Marketing at Mansion, …

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Gibraltar underlines that Tax Treaty will have no impact on employees status

The Gibraltar government has communicated to its business community that changes to laws agreed under its ‘Tax Treaty’ mandate with Spain should not impact employee rights. Last March, Gibraltar and Spain’s tax authority agreed to terms established under a ‘Tax Treaty’ related to the tax status of individuals working in Gibraltar and residing in Spain. From the start 2020, in …

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