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Business
June 3, 2021
ECB Says Digital Money Underpins Financial Stability
Digital currencies issued by central banks in European Union Member States may act as a counterweight to potentially dangerous “artificial currencies.” Digital Currencies Are Coming to the EU A report published by the European Central Bank (ECB) on Wednesday issued a warning to European Union Member States that falling behind on developing a digital currency may have […]
Industry
June 3, 2021
Report Shows that Proposed Gambling Reform Measures in the UK Could Cost Operators $1bn in Profits
Gambling reform proponents in the UK are daft. That’s the view of many in the industry, especially after a series of proposals have been released over the past year that shows a certain lack of understanding of basic economics. Peers for Gambling Reform, the Social Markets Foundation (SMF) and the All-Party Parliamentary Group (APPG) on […]
Legal
June 1, 2021
European Commission Probes DSWV, DOCV State Aid Complaint
A controversial stake tax in Germany is being challenged by a European Commission probe asking officials to elaborate on the grounds of the proposed gambling tax regime. Unequal Market Conditions The EC intervention comes just in time to delay the final voting of the 5.3% tax on online slots and poker stakes state governments in […]
Legal
June 1, 2021
Attard FC Gets Penalized as Former Member Confirms Match-Fixing Allegations
Match-fixing issues never seem to stop. Just some weeks ago, tennis player Roman Khassanov was found guilty of match-fixing, and now Maltese football club Attard FC’s former committee member, Rudgear Scerri, admitted to having engaged in similar underhand practices. This resulted in the football team receiving a nine-point penalty for the next season and the 21-year-old committee member receiving various […]
Legal
June 1, 2021
Man Involved in 2017 Death of Maltese Journalist Linked to Casino Heist that Remained Unsolved for Over a Decade
The plot thickens in the long-running case of Daphne Caruana Galizia, a Maltese journalist who was murdered in 2017 as she was preparing an exposé on corruption in her home country. The report centered on questionable contracts awarded by the government to a company owned by Yorgen Fenech, also a well-known casino operator in Malta. […]
Sports
May 28, 2021
Betway Named Official Betting Partner of the Mercedes Cup
Online sports betting and gaming brand Betway secured today another high-profile sponsorship deal by becoming the official betting partner of the Mercedes Cup. Official Betting Partner The Mercedes Cup tennis tournament this year is scheduled to take place at prestige Club Weissenhof in Stuttgart, Germany, from June 8 till June 13 and is regarded as […]
Sports
May 28, 2021
Sportradar’s UFDS Set to Boost Integrity Efforts of ESTCIS
Sports data and integrity services supplier Sportradar announced today the Estonian Center for Integrity in Sports (ESTCIS) signed an agreement with Sportradar Integrity Services to utilize its monitoring capabilities across domestic sport competitions starting from October 2021. Relying on UFDS’s Monitoring Capabilities Under the agreement, Sportradar will provide bet monitoring and reporting via its Universal […]
Industry
May 28, 2021
Report by the British Gambling Commission Shows How COVID-19 Impacted UK Gaming
The global gaming industry is curious to see, as quickly as possible, the exact impact COVID-19 had on gaming revenue everywhere. Figures are being reported more often, even if they’re sometimes incomplete, as industry players try to determine their next moves. The British Gambling Commission (BGC) had historically issued an annual report on the state […]
Sports
May 26, 2021
UEFA Takes Action against Super League Rebels
UEFA has opened disciplinary cases against Real Madrid, Barcelona, and Juventus – “the Super League rebels,” who created the Super League project and could now receive bans from the Champions League. UEFA Takes Legal Action against the Last 3 Super Leaguers On Tuesday, UEFA said that it has now moved towards legal proceedings over the […]
Legal
May 21, 2021
Gambling Tax Proposal May Impact Ukraine State and Local Budgets
State and local budgets in Ukraine may be adversely affected by the proposed flat tax rate on gambling revenue in the country, a parliamentary committee warned, asking the government to consider subsidies to address the deficit. High Taxes will Minimize Consumption The Scientific and Expert Management Committee of the Ukraine Parliament argued that there is […]