Business
January 11, 2021
Betfair Exhange Became Less Compelling to Bettors in Italy
Sports betting exchange leader in Italy Betfair Exchange expressed concerns its flagship product lost much of its competitiveness and appeal following the controversial turnover tax imposed by the government last summer. Unsustainable Turnover Tax As part of the “Revival Decree” the Italian government imposed a 0.5% turnover tax across retail, digital and virtual sports wagering, […]
Business
January 11, 2021
GambleAware Shares Details on Its Bet Regret Campaign
Bet Regret is the campaign aiming at raising awareness and reducing ill-placed bets introduced by the gambling harm prevention charity, GambleAware. Launched in 2019, the campaign’s target audience is approximately 2.4 million young adults who frequently place bets online. Bet Regret Asks Gamblers to Pause before Placing a Bet The gambling harm prevention charity, GambleAware […]
Business
January 11, 2021
A Promising Beginning of the Year for Endorphina and GrandCasino
It’s a great start of the year for slots provider Endorphina as it partners up with GrandCasino. This promises players in Belarus an exceptional iGaming experience with the highest quality gaming content that has great music and state-of-the-art entertainment features. GrandCasino Partners up with Endorphina Endorphina, a slots provider, has made a deal with the […]
Sports
January 10, 2021
MansionBet Extended Sponsorship Deal with ARC and JCR
MansionBet, the sports betting brand of Mansion Group, decided to extend its sponsorship deal with Arena Racing Company (ARC) and Jockey Club Racecourses (JCR) as part of the continued in 2021 support of British racing. “We are both excited and proud to continue our support of British racing into 2021. Having taken huge steps forward […]
Industry
January 9, 2021
Gambling Addict Goes to Jail for Stealing Company Money
Swindling company money would cost you jail time – that was the message Deputy Circuit Judge Neil Bidder QC sent out when he sentenced a financial director who stole over £800,000 to satisfy gambling addiction. Siphoning Company Money Lauren Farr, 34, of Spring Grove, Cwmbran, Monmouthshire, was sentenced to 32 months in prison after admitting […]
Industry
January 9, 2021
UKGC Looking to Improve Research Methodology On Gambling Behaviour
The UK Gambling Commission is looking for feedback and guidance on improving its research methodology on gambling behavior and addiction. UKGC Adjusts Research Methodology The UK Gambling Commission (UKGC) is looking to adjust and refine its research methodology on gambling and gambling addiction. To that end, the UKGC has launched a consultation for feedback and […]
Legal
January 8, 2021
€600,000 in Fines Issued by KSA over Illegal Gambling
The Dutch Gaming Authority issued €600,000 in fines after it found two websites offering illegal games of chance. Besides not having a license, according to the Regulator, the websites may have attracted children or young adults to games of chance which are illegal in the Netherlands. Dutch Regulator Issues €600,000 in Fines Some €600,000 in […]
Business
January 7, 2021
Kambi Issued Investor Update Pushing Up Q4 Expectations
The independent provider of sports betting technology and services to regulated markets world-wide Kambi Group issued yesterday a trading update ahead of its fourth quarter earnings report which will be released on February, 10, 2021. Q4 2020 Revenue Updated Upwards The operator noted that during the quarter a combination of favorable factors such as a […]
Industry
January 7, 2021
Spanish Ministry Sets Player Protection as Key Priority for 2021
Spain’s Ministry for Consumer Affairs is continuing its efforts to review and tighten gambling laws in 2021, following significant changes made last year. Advertising Restrictions and Sponsorship Ban Caused Controversy Some of the steps in this direction is enforcing the advertising restrictions adopted last year, as well as the changes to regulatory fees for licensees. […]
Business
January 5, 2021
UK’s New Lockdown Brings Hardships for the Gaming Industry
Due to the ongoing COVID-19 pandemic and a significant increase in positive COVID-19 cases, the UK entered into a new lockdown. The new measure ordered the closure of “non-essential” businesses and may last until mid-February. New Lockdown in UK Closes “Non-essential” Businesses In light of the ongoing pandemic, the UK rolled out additional restrictions aiming […]