Category Archives: Betting

Entain files defence against AUSTRAC investigation

Entain Plc has confirmed that its Australian business has filed a defence against the penalty proceedings initiated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). Yesterday afternoon, the FTSE100 gambling group informed investors that “Entain Australia (Entain Group Pty Ltd) has filed its defence in response to AUSTRAC’s amended statement of claim in the Federal …

Banijay leads merger of Betclic & Tipico to create new Euro Heavyweight contender

Banijay Group has agreed terms to merge its Betclic business with Tipico Sportwetten, in a transformative deal for European gambling markets.  Announced this morning, Banijay, Europe’s largest entertainment and media production firm, has begun deal proceedings to acquire a majority 65% stake in Tipico from private equity owners CVC Capital and founders. The transaction will …

Meta and TikTok could face hefty fine for breaching EU online rules

Meta and TikTok could be in breach of the EU’s tech regulations and face a penalty of up to 6% of their global annual turnover. The European Commission (EC) has preliminarily found that Facebook, Instagram and TikTok failed to be transparent and allow researchers adequate access to public data, under the Digital Services Act (DSA). The …

EY warns of economic risks of overstated UK gambling tax treatments

EY believes that the UK government has overstated the value of different tax proposals on gambling submitted to HM Treasury as part of the Autumn Statement Budget to be delivered on 26 November.     Commissioned by the Betting and Gaming Council (BGC), the Big-Four accountancy firm undertook an independent review of all gambling tax scenarios currently under …

ReferOn takes its AI vision a step forward with interface launch

Affiliates have taken a hit from artificial intelligence over the past couple of years, but more and more are finding use cases for the technology. ReferOn, an affiliate management platform, has become the latest to integrate AI further into its operations with the launch of Refie, described by the firm as a ‘living interface’. The …

Kambi signs latest deal in rapidly shifting Dutch betting landscape

The Netherlands is emerging as a core market for Kambi as the B2B sportsbook solutions secures yet another deal in the country – albeit at a tricky political time for the local industry. Kambi announced today that it has partnered with Holland Gaming Technology Ltd and its subsidiary, Holland Power Gaming. The deal comes just …

Danske Spil vows to lead Danish gambling ad changes

Danske Spil, Denmark’s gambling and lottery firm, has pledged its full support for the government’s newly approved package of measures designed to reduce the volume and visibility of gambling advertising across the country. On Friday, a broad parliamentary majority in the Folketinget approved Package 1 – A More Responsible Gambling Market, marking the first phase …

DATA.BET: we’re prepared to conquer the sports betting world

“We need to stay on top of trends to remain competitive.” Those were the words of Yevhenii Ilchenko, Head of Sports at DATA.BET, at the SBC Summit, where the group’s recent expansion onto the sports betting scene was placed under the spotlight. This new era initially exploded onto the scene complete with coverage of over …

Romania child gambling rates put strain on national support network

Romania is lacking experts to deal with higher-than-EU average rates of gambling among minors, politicians have cautioned. Comments were made by Daniel David, Minister of Education and Research, who based his concerns on the European ESPAD 2024 report, which showed that Romanian youth were among the most prolific users of tobacco, alcohol and gambling in …