The decade of the 2020s has unsettled retail betting across all markets, as heritage operators face tough choices in how to operate their estates. At the forefront of change, Dr. Damir Böhm, CEO of Tipwin, believes that retail can set itself apart by investing in proprietary technology and software to reconnect with audiences…A tough endeavour as leadership must accept no …
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Tipwin accepts €15k fine for Danish AML failures
Spillemyndigheden, the Gambling Authority of Denmark, has announced that Tipwin has accepted a fine of DK 100,000 (€15,000) for AML failures found across its business. The penalty enforcement follows the conclusion of a year-long investigation by the Danish Police into Tipwin’s failures to maintain the rules and standard practices of Denmark’s Anti-Money Laundering Act. Spillemyndigheden reported Tipwin to the police …
Read More »TipWin spared from Danish AML training
TipWin Limited has had a regulatory order annulled by Spillemyndigheden, Denmark’s gambling authority Yesterday, Spillemyndigheden disclosed that it had annulled an order demanding TipWin to retrain staff as a requirement of Section-8 (6) of Denmark’s Anti Money Laundering Act. This summer a Spillemyndigheden investigation uncovered a litany of AML deficiencies at multiple TipWin betting venues across Denmark. The investigation cited …
Read More »DGA blocks 82 illegal websites but backtracks on Tipwin case
The Danish Gambling Authority (DGA), Spillemyndigheden, has blocked 82 websites for operating illegal gambling services, the largest single number in its history. This brings the total number of blocked illegal websites to 227 since the implementation of the current Gambling Act in 2012, with the latest 82 including both sports betting and casino platforms. All the DGA’s blockings have been …
Read More »Spillemyndigheden reports ‘AML deficient’ Tipwin to Danish Police
Spillemyndigheden – Denmark’s Gambling Authority has reported Tipwin to the police for breaching multiple terms of the country’s Anti-Money Laundering Act. Tipwin is accused of significant Danish AML Act failures related to the risk assessment, business procedures and financial supervision of its retail venues operating across Denmark. Of utmost concern, Spillemyndigheden stated that the bookmaker had carried out no customer …
Read More »Q3 revenues up as platform integration pipeline builds for GiG
“The third quarter of 2020 has delivered a significant step forward for GiG as a B2B focused organisation,” wrote CEO Richard Brown, as the company’s quarterly revenues reached €17.9m with EBITDA of €3.2m. Adjusted revenues were recorded at €14.2m – an increase of 42% from €10.0m year-on-year, while EBITDA was up by €3.6m. This growth, said Brown, was complemented with …
Read More »Tipwin advances ‘Germany 2021’ strategy with GiG casino and data upgrades
Gaming Innovation Group (GiG) has continued its ‘B2B drive’ after announcing that it has secured a multi-services agreement with Tipwin Ltd to serve as the DACH region operator’s lead casino platform and data intelligence provider. Updating the market, GiG confirmed that it has signed a ‘minimum contract term of three years’, in which it will provide Tipwin’s new online casino …
Read More »Tipwin unveils partnership with German cup holders
Tipwin will be the new premium partner of Bundesliga team, Eintracht Frankfurt for at least three years until June 2021. Alongside ensuring that the Tipwin logo is extensively placed within the stadium, the agreement includes a TV-relevant appearance in further advertising media during the home games of Eintracht Frankfurt. Dr. Damir Böhm, Head of the Legal Department at Tipwin and …
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