Macau government reaffirms casino status quo David McKee, CDC Gaming Reports · January 14, 2022 at 12:22 pm In an announcement that was greeted with relief on Wall Street, the Executive Council of Macau released a bill re-validating the present gaming structure in the Chinese colony with no substantial modifications. Deutsche Bank analyst Carlo Santarelli called it “a decidedly favorable event, even if logically expected.” Added analysts for Jefferies Global Gaming, “There were few surprises in the … [Read more...]
Betby to power two Esports Entertainment Group betting brands Ted Orme-Claye, SBC News · January 13, 2022 at 6:07 pm Betby has announced an agreement with Esports Entertainment Group in which it will support two of its partner’s betting brands. The deal will see Betby power the SportNation and Viebet betting firms, building on previous collaborations between the two companies via EEG’s purchase of the Idefix platform. By powering the sportsbooks of both brands, Betby aims to ‘significantly expand its … [Read more...]
NBA seals multi-year partnership with BetPlay in Colombia Conor Porter, SBC Americas · January 13, 2022 at 6:02 pm The National Basketball Association (NBA) has announced a multi-year partnership with BetPlay to make the multi-channel sports betting operator the official betting partner of the NBA in Colombia. BetPlay and the NBA will provide gaming experiences, promotions, products, and content for Colombian NBA fans across BetPlay’s retail and online offerings. The operator will also be featured across … [Read more...]
UK: Entain considers returning £102m of furlough cash Oliver Gill, The Telegraph · January 13, 2022 at 6:00 pm The chief executive of Ladbrokes-owner Entain has said she is considering returning £102m of furlough money to taxpayers, amid sustained regulatory pressure on the gambling industry. In her first profile interview since taking over at the helm last year and becoming one of only eight female FTSE 100 bosses, Jette Nygaard-Andersen defended retaining the money. She said: “The virus is still … [Read more...]
UK: Football Association to stop bookmakers from streaming FA Cup matches Jessie Sale, Insider Sport · January 12, 2022 at 5:01 pm The Football Association (FA) has announced that it is stopping bookmakers from streaming any live FA Cup matches, as the governing body finalises the sale of a new TV rights deal. For its flagship competition, the governing body aims to amend its 2017 deal that allowed sports media rights agency IMG to sell individual FA Cup live stream packages to six bookmakers. The Times has reported … [Read more...]
German football fan alliance calls for sports betting sponsorship ban Ted Orme-Claye, SBC News · January 12, 2022 at 4:55 pm German supporters ‘fan alliance’ Unsere Kurve (‘Our Curve’) has issued a set of demands for both the country’s clubs and the Bundesrat relating to sports betting sponsorship and TV advertising. Issuing a statement on Tuesday, the organisation identified an ‘increased media presence’ of sports wagering in Germany, particularly following the passage of the Fourth Interstate Treaty on Gambling … [Read more...]
EveryMatrix’s Spearhead Studios secures Dutch certification for online casino content Laura Gumbrell, iGaming Business · January 12, 2022 at 4:52 pm Gaming developer Spearhead Studios will enter the Dutch market after being granted local certification for its proprietary casino content and RGS platform. Launched by EveryMatrix in 2019, Spearhead Studios will enter the Dutch market with its remote gaming server (RGS) platform, as well as distributing games from several other developers in the country, including Armadillo Studios, Funfair … [Read more...]
Betway parent Super Group highlights H2 2021 performance ahead of New York listing Ted Orme-Claye, SBC News · January 11, 2022 at 5:52 pm Betway parent company Super Group has stated that it has achieved its 2021 commercial ambitions ahead of its planned US initial public offering, fulfilling financial predictions outlined in August of last year. Publishing an update on its H2 2021 performance, Super Group detailed 2021 year-end revenue net gaming revenue of £1.53 billion, representing a year-on-year increase of … [Read more...]
FanDuel owner Flutter Entertainment completes £402m takeover of UK online bingo giant Tombola Leah Montebello, City A.M. · January 11, 2022 at 5:50 pm Online gaming giant Flutter Entertainment has snapped up Tombola, one of the UK market’s largest online bingo operators, for £402m. In a statement, Flutter, owner of Paddy Power and Betfair, said: “Flutter is pleased to announce that it has received all necessary regulatory confirmations with respect to the acquisition of Tombola. With these confirmations now in place, the group completed the … [Read more...]
UK Gambling Commission issues feedback notice on licensing and enforcement consultation Ted Menmuir, SBC News · January 11, 2022 at 5:45 pm The UK Gambling Commission (UKGC) has reminded industry stakeholders that its consultation on its approach to licensing, compliance and enforcement policy will close on Wednesday 9 February 2022. Launched on 17 November, the Commission seeks guidance on its ‘Statement of Principles’ that have led UK gambling’s regulatory policy with regards to risk assessment, licensing operators and key … [Read more...]
