Once on autopilot, the passage of Brazilian gambling and sports betting was destined to arrive uninterrupted in 2022, bringing South America’s biggest consumer market into play. Under review since 2018, the legislative frameworks for sports betting and online gambling had been approved by congress and senate committees, as two bills were put forward to the office of President Jair Bolsonaro …
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STS Group, among the largest bookmakers in Central Europe and a market leader in Poland, told investors that it has managed to overcome challenging trading conditions in H1, 2022, thanks to what it described as its ‘competitive advantages’ in the marketplace. The biggest bookmaker in Poland, in terms of turnover, generated consolidated revenue of PLN 263m, with adjusted EBITDA coming …
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World Cups are the pinnacle of the sports betting calendar to attract new customers and drive engagement, but with the 2022 tournament unusually taking place in the winter, what does this mean for betting trends? As operators prepare for the biggest tournament of the year, we spoke with multiple providers from the sports betting industry to examine how this year’s …
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The progress of Brazil launching its new federal sports betting regime in 2022 has been blighted as President Jair Bolsonaro refuses to sign-off on the approved mandate’s regulatory decree. Six weeks have passed since the Ministry of the Economy put forward its Brazil Sports Betting decree to President Bolsonaro’s office to sanction its signature and become a federal law. At …
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FIFA, world football’s governing body, has announced the launch of an enhanced integrity toolkit that builds on the integrity programme developed and implemented during the 2018 FIFA World Cup and the 2019 FIFA Women’s World Cup. The new toolkit, which features updated integrity programme resources, aims to not only protect the sport, but also looks to provide help to member …
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From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, SBC has you covered. This edition looks at financial trouble for Hartlepool United as well as plans for the 2022 World Cup in Qatar. ____________________ Iran could assist Qatar with 2022 World Cup hosting It was always expected that when the 2022 …
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The Football Kenya Federation (FKF) faces a funding crisis as bookmaker SportPesa has terminated all Kenyan sports sponsorships, due to the government upholding its 35% blanket tax charge on betting and lottery services. This January, the Kenyan TNA government will move to implement its much protested 35% industry tax hike, which has been deemed as ‘unworkable’ by Kenya pro-betting stakeholders. …
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