Category Archives: Betting

UKGC issues guidance on inbound consumer protection demands

The UK Gambling Commission (UKGC) has issued new guidance to help operators match new consumer protection requirements that will be introduced as of 12 September. The guidance follows the Commission’s April update that announced a raft of new procedures ‘ensure online gambling businesses do more to identify and taken action to protect customers at risk …

Betfred renews legacy VS partnership with Inspired Entertainment

Betfred has announced that it will continue to work with Inspired Entertainment as its principal supplier of virtual sports (VS) games/content for its retail unit. The Manchester-based betting group announced that it has renewed terms with Inspired that has supplied its full range of VS games to Betfred’s 1,400 UK betting shops for the past …

NSW levels Australia POCT wagering tax at 15% across all states

Publishing its 2022/2023 state budget, the Treasury of New South Wales (NSW) has confirmed a 5% increase in the Point of Consumption Tax (POCT) related to wagering services.  As of July 2022, NSW will demand that all state-licensed bookmakers pay a POCT rate of 15% applied to all sports betting wagers (online and land-based). NSW …

Unibet fronts ‘community first’ sponsorship with AFC Ajax

Kindred Group has announced that its flagship brand Unibet has become a community partner of AFC Ajax, Dutch football’s most historic and prestigious club.  Ajax will join Unibet’s roster of European football sponsorships, promoting safer gambling, mental health awareness, community engagement and social mobility/access to football. “Kindred Group plc (Kindred) and its flagship brand Unibet …

Betcris enhances ‘historic’ commitment to Mexican market with FC Juárez

Betcris has signed an agreement to become the official sponsor of Mexican football team, FC Juárez, for a minimum of four years. The collaboration looks to reinforce the firm’s commitment to the Mexican market, where it is already present as an official bookmaker for the Mexican National Soccer Team and Club Pachuca and is a …

FSB: how to solve the first-mover legacy tech conundrum

Becoming a first-mover in the US can have its advantages when it comes to gaining a competitive edge in securing market share. However, this may mean that companies adopt legacy technologies which ultimately cause headaches a few years down the road. In a conversation with SBC Leaders, FSB’s Bob Akeret, VP of Operations, and Mike …

BetBull to cease all operations on 3 July  

Mobile-first sportsbook BetBull has informed customers that it will cease all operations on Sunday 3 July 2022.  The management of BetBull did not provide any information regarding the sportsbook’s closure, as it confirmed that it had begun to withdraw customer accounts. The decision sees BetBull no longer accept customer registration, as “from 24/06/2022 (midnight), until …

Andrew Rhodes criticised for no engagement with bereaved families of gambling harms

Gambling With Lives has publicly called-out UK Gambling Commission (UKGC) Chief Executive Andrew Rhodes for finding no time to communicate with the families bereaved by gambling suicide.  The Charity that seeks a root-and-branch reform of UK gambling focused on suicide prevention told the Daily Mail that Rhodes had made no attempt to engage with families …

Lee Willows: Funding debate threatens UK’s ‘world class’ treatment ecosystem

The debate surrounding gambling research, education and treatment (RET) funding has been heating up significantly ahead of the government’s Gambling Act review White Paper. A range of viewpoints have been expressed on the matter, and notably, calls for the introduction of a statutory levy to support RET operations have been rising, although with some differences …

Entain board recruits Unilever strategist Rahul Welde as NED 

The board of Entain Plc has confirmed the appointment of Rahul Welde as an Independent Non-Executive Director (NED) of the FTSE100 global gambling group.  Welde is the current Executive Vice President of Global Digital Transformation for Unilever plc, which is recognised as the FTSE’s biggest fast-moving consumer goods (FMCG) company and the overall index’s fourth …