Category Archives: Betting

Fanatics zooms in on Tipico M&A to build Rubin’s new betting vision  

Tipico, the leading DACH markets bookmaker, has become a reported target of US apparel and entertainment company Fanatics Inc.  Yesterday, CNBC reported that dealmakers were at ‘an impasse on price’ as negotiations were ongoing to secure Fanatics’ takeover of Tipico Sportwetten. Fresh from offloading his 10% stake in Harris Blitzer Sports Entertainment, the US sports …

Jdigital: Heavy-handed Decree has stunted Spanish gambling’s market development

Jdigital – Spain’s online gambling trade association has stated that the market has begun to suffer ‘negative evolution’ of overbearing regulations and policies, set by Spain’s Ministry of Consumer Affairs.  Citing official DGOJ figures tracking the Q1 performance, Jdigital noted that a 15% decline in turnover, marked the fourth consecutive quarterly decline for Spain’s regulated …

GamCare raises frontline concerns on cost of living crisis 

GamCare, the operator of the National Gambling Helpline, has become the latest treatment and support stakeholder to raise concerns on the UK’s cost of living crisis.  The charity outlined concerns that day-to-day financial pressures are changing consumer motivations to make money as a means to make ends meet, increasing the risk of gambling participation. Alerting …

ARC reveals £1 million pot under ‘landmark’ bonus schemes

Arena Racing Company (ARC) has introduced two bonus schemes that will operate across the group’s flat racecourses in the coming months, and into 2023. A winner’s bonus is being implemented across all class four, five and six flat races to offer a minimum first prize of £5,500, £5,000 and £4,000 respectively. Applying to all flat …

Spillemyndigheden reports ‘AML deficient’ Tipwin to Danish Police

Spillemyndigheden – Denmark’s Gambling Authority has reported Tipwin to the police for breaching multiple terms of the country’s  Anti-Money Laundering Act.  Tipwin is accused of significant Danish AML Act failures related to the risk assessment, business procedures and financial supervision of its retail venues operating across Denmark. Of utmost concern, Spillemyndigheden stated that the bookmaker …

Altenar launches scale-proof next-gen retail betting terminals 

Altenar has announced that it has developed a new in-house retail terminal system for sportsbook operators that is ready for commercial launch. The Malta-based technology group has designed its retail offering to provide incumbents with the first next-gen terminal solution which includes a fully customisable on-screen UX. The terminal solution has been developed to provide …

Fitzdares renews ‘rock-solid’ FSB partnership

FSB will continue to supply its platform technology, casino aggregation and managed-trading-services (MTS) to Fitzdares who has agreed an extension to its existing lead supplier agreement.  Through the renewed partnership, FSB will power Fitzdares’ global expansion – including the bookmaker’s upcoming launch in Ontario later this year. Glenn Elliott, Chief Operating Officer at FSB, said: …

Andrew Lyman: “Gibraltar Commission won’t apply artificially rules to meet FATF demands on tougher gambling sanctions”

Andrew Lyman, Gibraltar’s Chief Commissioner for Gambling, has stated that his department is committed to helping the government remove the British Overseas Territory from the Financial Action Task Force‘s (FATF) ‘greylist’ – ‘in the quickest of time possible’.  The statement was made to delegates attending the KPMG Gibraltar e-Gambling Summit this morning, in which Lyman …

Abios and Kambi bring esports into play with new whitepaper

Gross gaming revenue for the esports sector is expected to reach $960m by 2026, according to a new white paper released by Abios and Kambi.  The whitepaper, entitled ‘Bring esports into play’, discusses how sportsbooks can effectively engage and retain audiences within the esports space, as well as looking at the ways in which operators …

Arin Adriazian: embracing the challenges of localised payments

With so many markets opening their doors up to regulated betting frameworks, operators and suppliers must ensure that they localise their offering so that they are in compliance with different legal requirements. This is something that Digitain’s Payment Product Manager Arin Adriazian explained can often present its own set of challenges.  However, keeping up to …