Category Archives: Betting

Government clashes with industry as UK racing levy confirmed at 10%

The horse racing sector has expressed its dissatisfaction with Gambling Minister Baroness Twycross’ announcement that the Horserace Betting Levy will remain unchanged. Speaking to the House of Commons, Labour Minister Ian Murray relayed the decision on behalf of the Baroness, emphasising that it was driven by a shared view that racing is a significant contributor […]

Better Collective confirms new Chair as firm prepares for predictions

Digital sports media group Better Collective has chosen a new Chair of its Board, Thomas Plenborg, coming amid a revamping of its international strategy. The firm confirmed that Plenborg will succeed Jens Bager as Chair of its board, due to the latter opting to not to seek re-election after holding the role for over 10 […]

Dedicated Prediction Markets Forum announced at SBC Summit Americas

SBC Summit Americas will launch a dedicated Prediction Markets Forum to explore one of the fastest-growing and most debated verticals in US sports betting. Taking place on Thursday, 11 June, as part of the Breakout Stage, the forum will bring together operators, legal experts, and industry analysts to examine the rise of prediction markets, how […]

New CEO confirmed at global crypto betting company BC.Game

BC.Game has appointed a new Chief Executive Officer, Kar Kheng Giam, who will take on the hefty task of steering the crypto betting brand’s sometimes controversial strategy. Known as ‘KK”, Giam previously worked at Coyote Bioscience, a Beijing-based biotechnology research company with interests in AI, big data, reagents and system platforms. He was Vice President […]

JOI Gaming initiates rapid response to Dutch darts warning

JOI Gaming, the operator of the Jack’s Casino brand, has once again found itself in the crosshairs of the Dutch gambling regulator. This time around, Kansspelautoriteit (KSA) revealed that it has contacted the firm in relation to a marketing infringement raised in an anonymous report, which brought the regulator’s attention to a Jack’s Casino promotion […]

Codere hires Jefferies and Macquarie as it prepares for reported €2bn sale

Spain-based gambling giant Codere is reportedly set for an imminent sale that could value the firm at over €2bn (£1.73bn). According to Spanish publication EXPANSIÓN, the business has hired financial advisors Jefferies and Macquarie as it prepares for a sale in the next few weeks.  Codere Online success may attract suitors The deal for Codere, […]

Latin America needs regulatory consistency to defeat black market

The prospect of over regulation and too much interference is pushing players towards the black market, where there are no safer gambling guardrails or player protection measures in place.  That was a clear conclusion from SBC Media’s latest webinar session, ‘Are Latin American Players Actually Safer Today?’ in which several industry experts came together to […]

Romanian regulator busts covert black market affiliate

Romania’s gambling regulator has asked for a criminal investigation into an affiliate that was caught redirecting consumers to unlicensed gambling platforms. A press communiqué revealed that the National Office for Gambling (ONJN) has contacted the Directorate for the Investigation of Organised Crime and Terrorism (DIICOT), asking for assistance in the matter. The information revealed that […]

Allwyn completes journey to Athens Stock Exchange with OPAP M&A closure

Allwyn has finalised its merger with Greek gaming firm OPAP, solidifying its position as one of the world’s largest publicly listed gambling companies in the process. The company secured terms to merge with OPAP back in October. The Czech investment group behind Allwyn, KKCG, has been a major shareholder in OPAP since 2013. By merging […]

Sorare – nothing to declare?

The move by CyLimit, a cycling-focused web 3 startup, to become the first JONUM operator to make its regulatory declaration to France’s Autorité Nationale des Jeux (ANJ) has shone a light on a company that most industry observers would have expected to be at the front of the queue.  Of course since we are talking […]