Italy’s Customs and Monopolies Agency (ADM) has confirmed that sports betting concessions will be extended until 31 October. The decision was authorised following an ‘in-depth assessment’ taken by the Ministry of the Economy to ‘apply a reprieve’ on betting licences that were due to expire at the end of June. Last year, at the peak of Italy’s COVID-19 outbreak, the …
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“Covid has taught us to think flexibly and react quickly using all the possible tools in a creative way,” said Snaitech CEO Fabio Schiavolin, as he told SBC Leaders about adapting his approach to leading the Italian multichannel operator through the pandemic. The exclusive interview with Schiavolin kicks off the final 2020 issue of the publication, formerly known as SBC …
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Italian online gambling incumbents have received some welcome news as Rome’s Lazio TAR Administrative Court sides with Betway, Sportpesa, Nexigames and Snaitech in their appeals against Italy’s ADM Customs and Monopolies Agency. The operators had lodged separate TAR appeals against the ADM, as the regulatory body had failed to provide assurances that they would be able to reapply for licensing extensions. …
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COVID has undoubtedly had far-reaching implications for the betting industry across the world, putting a halt on live sporting events and – according to Fabio Schiavolin, Chief Executive of Snaitech – accelerating the migration of customers from retail to online betting. Delivering his keynote speech on day one of Betting on Sports Europe – Digital 2020, Schiavolin touched on a …
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Playtech Plc will trade with caution for the remainder of 2020, as its business units emerge from a ‘disrupted period’, with its corporate outlook dependent on further COVID-19 outcomes. Publishing its 2020 interim results (period ending 30 June), Playtech recorded a 23% drop in corporate revenues to €564 million, (H1 2019: €728m) as the FTSE250 technology group absorbed a series …
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Adaptability will be an essential quality for betting operators seeking to engage with customers on an increasingly digital-led footing as COVID-19 continues to ensure a retail lockdown. That was one of the big takeaways from a four-strong panel at today’s SBC Digital Summit titled ‘An Opportunity to Revisit the Omni-Channel Approach’. In opening the session, moderator and head of Digitain’s …
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Issuing a corporate filing, the governance of FTSE250 Playtech Plc has updated investors on its Italian market contingencies countering the COVID-19 virus outbreak. Stating that ‘Italy faces its darkest hours’, on Sunday night (8 March) Prime Minister Giuseppe Conte signed a decree that enforced severe restrictions on the movement of 16 million people within the regions of Lombardy and 15 …
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London-based video virtual sports specialist Highlight Games has agreed to supply its virtual sports products to Microgame S.p.A after securing a new partnership with the Italian platform provider. The agreement will see Highlight Games offer its Soccerbet product featuring Italian and English games in league and single match formats, as well as the NBA Last 60 across Microgame’s retail, online …
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FTSE250-listed Playtech Plc will continue to review its corporate divisions and underlining strategy after full-year results for 2019 showed core unit growth subdued by further Asian market impacts and severe declines across its TradeTech financial services unit. Playtech recorded a 22% increase in corporate revenues to €1.5 billion (FY2018: €1.25bn), as the technology group’s ‘Core B2B’ division delivered a 15% …
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Four months after signing a new partnership, London-based video virtual sports specialist Highlight Games Limited has confirmed that its SOCCERBET product is now live with leading Italian gaming operator Snaitech. Under the terms of the agreement, Snaitech will launch Highlight Games’ flagship product across its entire gambling portfolio. It will be available to Snaitech customers in both league and single …
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