Category Archives: Betting

PostePay to purchase IGT’s Italian commercial payment business for €700m

IGT has announced the sale of its Italian proximity payment business from its IGT Lottery subsidiary to PostePay for a total consideration of €700 million.  NYSE-registered IGT will directly sell LIS Holding and indirectly sell LISPAY, the two wholly-owned subsidiaries that constitute and provide its payments operations, which has established a prominent place in Italy. …

Spotlight Sports Group partners with Paddy Power for Cheltenham showcase

Spotlight Sports Group will bolster its Cheltenham Festival coverage with the launch of a new mini-series in partnership with Paddy Power. The live daily show, which will be named Good Morning Cheltenham, will be presented by Racing Post’s David Jennings – who will be joined by a number of guests including Paul Kealy, Mick Fitzgerald, …

Julie Markey appointed interim Chair of XLMedia

XLMedia (XLM) has moved to strengthen its senior leadership team following Christopher Bell’s decision to vacate as Chair, appointing Julie Markey in an interim role.  Markey steps into the position of interim Chair from her current role of non-executive Director of the Company and Chair of the remuneration committee, and will assume the responsibilities of …

Winning Post: Ukraine conflict is no localised tragedy…

As Western governments impose financial sanctions against Russia following its illegal invasion of Ukraine. Regulus Partners outlines far-reaching repercussions for a globalised gambling sector.  Ukraine has a thriving gambling industry, a first-rate gambling services sector, a highly educated population, and relatively transparent governance. Until the last few weeks, it was therefore an attractive country to …

Kindred to double headcount of new look sportsbook unit

Kindred Group Plc has launched a global recruitment drive to expand its trading capabilities, as the Stockholm-listed online gambling group prepares to take ‘end-to-end control’ of its sportsbook platform This February saw Kindred announce its biggest-ever technology directive, choosing to build its own proprietary sportsbook solution in order to reduce its reliance on third-party suppliers. …

Flutter adopts ‘comprehensive and challenging’ sustainability strategy

Flutter Entertainment has tasked itself with achieving three core objectives by 2030 in pursuit of its new sustainability strategy, dubbed the ‘Positive Impact Plan’. The FTSE100 gambling group intends to build on its previous achievements in sustainability and target areas where it can maximise its positive impact, in particular leveraging its ‘global scale’ to support …

SBC Summit North America confirms July return to New Jersey

SBC Summit North America, the leading conference and tradeshow for the sports betting and igaming industry in the U.S. and Canada, is set to return to New Jersey in its new summer date of July 12-14, 2022. The 2021 edition of the Summit was the best-attended dedicated event yet staged for the high-growth sports betting …

SPER names Wennerberg Sedigh as new CEO as Swedish judgements loom 

Spelbranschens Riksorganisation (SPER) – Sweden’s Gaming Association has named Maria Wennerberg Sedigh as its new chief executive – who will take leadership of the trade body as of 30 March.     Sedigh will replace CEO incumbent Jenny Nilzon, who has chosen to end her five-year tenure as leader of SPER in order to carry forward her …

ANJ publishes new rulebook on advertising standards 

l’Autorité Nationale des Jeux (ANJ), France’s unified gambling regulator, has updated its market ‘guidelines and recommendations’ on advertising.  Last summer, following the conclusion of the UEFA Euro 2020 Championships – the ANJ was forced to review industry advertising due to public complaints on the ‘oversaturation of adverts’ during the football tournament.   Called into action, the …

Svenska Spel honoured for ‘most complete work’ in Employer Branding

Svenska Spel has been named one of Sweden’s top employers at the Magnet Awards, securing Gold in the Grand Prix category for Employer Branding. In particular, the state-backed sports betting and casino gaming operator was praised for having conducted ‘the most complete work’ on employer branding. The firm has attributed its success in the category …