Category Archives: Betting

Europe accounts for 169 betting alerts in GLMS Q3 update

The Global Lottery Monitoring System (GLMS) has identified 358 suspicious sports betting alerts throughout the third quarter of 2021, with Europe accounting for the majority of alerts. Publishing its Q3 update, the GLMS reported that it was alerted to 169 cases of suspicious wagering activity in Europe – a trend which was demonstrated in its …

Howard League inquiry calls for CJS to overhaul its approach to problem gambling crimes

The Howard League has called for an overhaul in how the UK’s Criminal Justice System (CJS) addresses ‘crimes linked to problem gambling’. The headline remark was made by the League’s ‘Commission on Crime and Problem Gambling’ – a research unit led by Lord Goldsmith QC, that has examined links between problem gambling and crimes committed …

GamCare cites ‘change, growth and challenges’ in final review of three-year strategy

Nearing the end of its three-year strategy, GamCare has highlighted the last 12 months of the initiative as ‘an incredible period of change, growth, and of course, recent challenge’, citing a number of major developments for both itself and the industry. Identifying a number of ‘key sector developments’ for 2020/21 in its Trustees Annual Review, …

Kambi looks to stateside opportunities with sportsbook-centric Q3 strategy

Kambi has underscored its ability to overcome potential regulatory hurdles and ‘capitalise on future opportunities’, highlighting the depth of its sportsbook offering and new M&A strategy. Publishing its Q3 trading results, the Stockholm listed sports betting technology supplier reported a quarterly year-on-year revenue increase of 48% to €41.6 million (Q3 2020: €28.1m) reflecting an 80% …

Marcos Oliveira: How Clever Advertising is capitalising on Latin American growth opportunities

Having entered the Latin American market seven years ago, Clever Advertising has identified numerous areas for growth. But according to Marcos Oliveira, Chief Commercial Officer, there is “still work to be done and areas to be explored” across the region. Ahead of this week’s SBC Summit Latinoamérica, Oliveira explains how Clever Advertising navigates the differences …

Richard Kidd, Bayes Esports: Developing the next generation of audience engagement

Esports is the next generation of audience engagement and entertainment modelling according to Richard Kidd, Head of Sales at Bayes Esports, as he explained why the industry must be prepared to embrace new opportunities. Speaking to SBC News, Kidd walked us through his background in digital marketing and advertising technology, noting that his experiences from …

Kindred outperforms seasonal lags as Q4 roadblocks loom

Kindred Group Plc maintains growth across all metrics, despite its sportsbook unit trading against post-EURO and COVID-19 ‘normalisation effects’. Publishing its Q3 trading statement (period ending 30 September), Kindred registered group revenues of £298 million up 6% on corresponding 2020 results of £281 million. Revenue growth was attributed to the continued expansion of Kindred’s casino …

APBGG calls for industry action against the UKGC

The All-Party Parliamentary Betting & Gaming Group (APBGG) has extended its inquiry, examining the competencies of the UK Gambling Commission (UKGC) as the regulatory body of British gambling. The decision follows significant evidence submitted to the group, outlining the seriousness of alleged failings by the UKGC governing the gambling sector. The APBGG launched its inquiry …

DraftKings withdraws Entain acquisition bid after month of negotiations

DraftKings has confirmed that it will not pursue a takeover of UK betting and gaming group Entain, putting an end to over a month of speculation and negotiation surrounding the potential merger. Despite this confirmation, DraftKings retains the right to disregard its statement should it come to further agreement with the board of Entain, if …

FIAU orders new AML commands on Malta business

The Malta Gaming Authority (MGA) has warned licensed operators that they are expected to be familiarised with the revised AML Implementing Procedures (IPs) that will be applied by the Financial Intelligence Analysis Unit (FIAU). Last week, the FIAU updated its IPs guidance on AML and compliance duties that are required to be maintained by registered …