Category Archives: Betting

The Bulgarian government is moving ahead with a reform of public sector bodies, including the Bulgarian Sports Totalisator (BST), the state-owned betting and lottery company that operates the Toto BG brand.  The proposed plans will involve the privatisation of six key state-owned properties including BST in the New Year, despite reports from the country suggesting …

Flutter Entertainment Plc has this morning announced that it has completed its acquisition of Italian gambling group Sisal SPA for €1.9 bn (£1.6/$2.2bn).  On 23 December 2021, Flutter declared to markets that it had secured definitive terms with US PE fund CVC Capital Partners to acquire all assets (lottery, online and retail) of the heritage …

As the industry works toward creating a frictionless payment experience that prioritises player safety, SBC Summit Barcelona attendees will gather in the dedicated ‘Payments & Compliance Zone‘ to explore the next generation of payment products and discuss the challenges behind the toughening of compliance standards. The zone is the perfect space to engage with operator …

AstroPay has appointed a new Chief Financial Officer (CFO), hiring Fayyaz Ansari – an experienced finance executive with a ‘deep understanding’ of global payments.  Based in the UK where AstroPay is headquartered, Ansari will be responsible for overseeing and coordinating the payments firm’s global financial management and activities.  The new CFO has been working in …

Slovakia’s Ministry of Finance (MR-SF) continues to support its Montenegro counterparts in the policy development of the Western Balkan nation’s management of public finances. Forming part of the United Nations Development Programme (UNDP), last week MR-SF and Slovak gambling regulator URHH hosted a ‘study visit’ by representatives of Montenegro’s Ministry of Finance and its Office …