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The Latest in europe
Industry
September 27, 2023
Spelinspektionen Responds Positively to Proposed Money Laundering Act Changes
Sweden’s gambling regulator, the Spelinspektionen, has responded positively to recently proposed changes to the Money Laundering Act that would adjust penalty fees for AML violations. However, the authority proposed a different approach for fines that are less serious and unsystematic. Under the proposed adjustments, the Spelinspektionen must adjust penalty fines for operators that violate the […]
Business
September 27, 2023
Flutter Agrees to Acquire 51% Stake in MaxBet via $149M Deal
Global betting and gaming company, Flutter Entertainment, announced a major Balkan-facing acquisition. On Wednesday this week, the company revealed it acquired a 51% stake in the omni-channel sports betting and gaming operator with a strong presence in Serbia, MaxBet. The acquisition is subject to relevant regulatory clearances and has a cash consideration of €141 million […]
Sports
September 26, 2023
FeedConstruct Expands Coverage for Czech Handball via New Deal
The leading provider of real-time data and digital content, FeedConstruct, revealed it extended its existing partnership with the Czech Handball Men’s Extraleague. The latest collaboration, announced Monday, sees the provider significantly expand its content offering, enabling handball fans across the globe to benefit from enhanced experiences. Per the terms of the freshly minted partnership, FeedConstruct […]
Legal
September 26, 2023
Gambling Regulator in Lithuania Fines Amber Gaming $16K
The gambling regulator in Lithuania, the Lithuanian Gambling Supervisory Authority, constantly monitors the gambling operators in the country and imposes fines or other sanctions in case it uncovers breaches of the established regulations. Amber Gaming, a betting and gaming operator in the country, was the latest operator to fall under the Authority’s scrutiny. On Tuesday, […]
Industry
September 26, 2023
Denmark Introduces Customized Player ID for Enhanced Consumer Protection
In a move aimed at enhancing consumer protection and curbing issues related to underage gambling and money laundering, the Danish gambling regulator, Spillemyndigheden, has declared that as of October 1, players must present a ‘Player ID’ when making wagers at physical retailers. Customized Player ID Enhances Consumer Protection The Player ID will be directly linked […]
Legal
September 25, 2023
Stakeholders in Germany Ask for Changes to Gambling Regulations
Ratified by the German Federal States in March 2021 and adopted on July 1 of the same year, the 2021 Interstate Gambling Treaty (GlüNeuRStv) imposes a general ban on online gambling with the exception of licensed traditional lotteries, sports betting, horse racing, online poker, virtual slot machines, online poker, and online casino games, to a […]
Casino
September 25, 2023
Holland Casino Picks Location for New Groningen Casino
The leading Dutch gambling operator, Holland Casino, announced it has selected land for its new casino location in Groningen. The company confirmed that it identified Business Park Ter Borch near municipality Tynaarlo for its new venue which is expected to open for visitors at some point in 2027. The location was picked considering its ease […]
Sports
September 25, 2023
Non-transparent FA Policy Creates Double Standard for Betting
Over the last two decades, the popularity of sports betting has grown exponentially. With smartphones, wagering on sports has never been easier, while recently, major gambling operators inked sponsorship agreements with globally-recognized soccer clubs. This growing popularity of sports betting resulted in concerns about the integrity of soccer competitions. In the United Kingdom, the Football […]
Casino
September 22, 2023
The UK’s Financial Conduct Authority to Expand Review on De-Banking Tied to Gambling
According to the UK’s Financial Conduct Authority’s (FCA) chief executive, Nikhil Rathi, “further work” was needed to be absolutely sure that no bank, payment company, or building has closed down someone’s bank account primarily because of their political views. Primary Findings Flesh out the Case The conduct regulator of close to 50,000 companies aimed at ensuring […]
Business
September 21, 2023
Soft2bet Continues European Push with Italian Expansion
The business-to-business (B2B) casino and sportsbook platform provider, delivering reliable and seamless solutions and services to the online gambling sector, Soft2Bet, announced it continues its expansion across Europe. The company revealed Wednesday that it will expand into the Italian gambling market. This expansion, Soft2Bet confirms, is possible thanks to its recent acquisition of a Maltese […]