It cannot be underestimated how big a year 2024 is for sports betting. The Olympic Games, the UEFA European Championships and CONMEBOL’s Copa America all have the potential to be betting bonanzas. The latter, especially, could be crucial given that Brazil – Latin America’s largest country with a football-frenzied population – is establishing a regulated framework for betting. Given the …
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David Yatom Hay, Soft2Bet: navigating the complexities of regulation
Entering new markets presents its own set of challenges, but navigating the ever-changing regulatory landscape within the global gambling space is something that Soft2Bet has become very adept at. Having recently entered the Italian market, and with licences for Sweden, Greece and Romania acquired earlier this year, Soft2Bet’s General Counsel David Yatom Hay has had his work cut out for …
Read More »Soft2Bet: turning regulatory challenges into new opportunities
The last year has been a busy one for Soft2Bet, with the igaming and sportsbook solution provider entering several new markets in the first half of the year alone. But according to David Yatom Hay (pictured, right), Soft2Bet’s General Counsel, this is just the tip of the iceberg, with big plans already in motion to pursue new, promising opportunities around …
Read More »TMT Analysis: Verifying identities is easier than you think – William Hill learnt the hard way
Fergal Parkinson, Director of TMT Analysis, asks whether gambling companies should be doing more to verify players’ identities, drawing upon the recent example of William Hill. British gambling giant William Hill has recently been hit with a record-breaking £19.2m penalty by the UK Gambling Commission. It could have been even worse – the regulator reportedly considered suspending the organisation’s licence. …
Read More »BetConstruct: avoiding the common sportsbook pitfalls
Starting a gambling business is no easy feat. You need to select what platform to use, where to operate and what products to offer to your customer and then, on top of that, ensure that bettors are not only engaged but that they want to come back to your site too. It is much easier said than done. But with …
Read More »Year in Review: Q2 continues to set the tone with M&A shakeups and regulatory debate
As 2022 gathered pace, it was clear that the year was going to be one of extensive M&A, trading and regulatory activity, as companies published their first quarterly updates and the UK Gambling Commission (UKGC) had some big decisions to make. Kicking off Q2, Betsson and Gaming Innovation Group (GiG) revealed respective major accomplishments, as the former made a strong …
Read More »Alex Beecham, Checkd Media: a two-way conversation is crucial for entry to new markets
Entering any new market can be tricky, but according to Checkd Media Managing Director Alex Beecham, working with operators can help ensure high standards to engender long term market trust. Speaking ahead of Betting on Sports Europe, Beecham outlines some of Checkd Media’s plans for global expansion as he highlights the importance of a ‘two-way conversation’ between operators and affiliates. …
Read More »Funanga: How cash can help operators navigate payment challenges in Latin America
Emerging markets are always high on the agenda for iGaming operators writes Jens Bader, CEO of CashtoCode, however some regions such as Latin America (LatAm) can prove tricky – which is why cash can help relieve some of the regulatory headaches when entering new regions. At any given moment, iGaming operators are exploring the opportunities they present or trying to …
Read More »Martin Lycka: Gamblng advertising – Here be monsters!
In the latest of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka dips into the rich history of Greek mythology to put the industry’s challenges this year into some sort of context. A spectre is haunting gambling Europe – the spectre of a ban on gambling related advertising. It came from Italy …
Read More »Spelinspektionen clears four of underage betting allegations
Swedish gambling regulator Spelinspektionen has ruled that four operators have been cleared following allegations that they had offered markets on sporting events which included a ‘majority of participants’ under the age of 18. ATG, Betsson, Hillside Sports and Kindred Group-owned Spooniker all had cases cleared by Spelinspektionen after it was initially thought that the four operators had offered markets on the …
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