Category Archives: Betting

Swedish Inspectorate sides with Finance Ministry on gambling advertising

The Swedish Gambling Inspectorate, Spelinspektionen, has updated its response to the Swedish government’s consultation for amendments to the 2018 Gambling Act as part of the Gambling Market Inquiry. In its response, the Inspectorate has detailed that it is ‘generally positive’ about the Finance Ministry’s proposal to introduce a special moderation clause with regards to marketing …

Carsten Koerl: Legacy systems hinder betting’s global opportunity

Sportradar CEO Carsten Koerl has warned industry leadership to prepare for seismic changes across all components of betting’s value-chain, transforming how incumbents engage with global sports audiences. Day-2 of the SBC Barcelona Summit provided a dissect of the pioneer’s technology perspectives, fresh from guiding Sportradar through its $8 billion public listing on the US NASDAQ  …

Patrick Svensk steps down as Betsson Chairman after shareholder criticism

Major shareholders at Betsson AB have stated that ‘they no longer have full confidence’ in Patrick Svensk, prompting the Chairman to resign from his position on the company’s Board. Svensk informed the company’s Nomination Committee that he would resign from the position he has held since 2017 with immediate effect, whilst the firm has disclosed …

Liga Stavok secures regional NHL partnership

Liga Stavok has become an official betting partner of the National Hockey League (NHL), marking the first time the US ice hockey league has formed a regional betting agreement in Russia and the CIS region. As a result of the linkup, Liva Stovaok will be able to take advantage of marketing on NHL digital assets, …

Gambling shirt sponsorship set to be banned in the Premier League

As part of the forthcoming review of the UK Gambling Act, betting and gambling firms are set to be banned from appearing on the front of football shirts, according to a report by Sportsmail.  The review will likely see widespread changes to UK gambling advertising regulations, whilst it has it also been reported that the …

How Waterhouse VC is helping businesses ‘dominate their niche’

Our typical investment is “not well-understood” by most people, said Waterhouse VC Chief Investment Officer Tom Waterhouse, who outlined how his fund invests in businesses solving key problems for both the operator and the customer. He told SBC Americas why the fund is looking at high-growth opportunities in very specific areas, including companies within the …

Playtech sees 4% revenue fall but maintains confidence in B2B success

Playtech Plc has highlighted a ‘very strong performance’ for its B2B verticals throughout the first half of 2021, achieving objectives across three continents, despite experiencing a 4% decline in revenue.  Informing stakeholders in its interim trading report and following on from its July update, the FTSE 250 gaming technology group detailed that total revenue had …

Government review identifies ‘lessons to be learned’ regarding Football Index

The UK government has revealed the findings and conclusions of its investigation into the collapse of player exchange platform Football Index, making recommendations to the UK Gambling Commission (UKGC). First launched in April following the decline of Football Index after a number of users abandoned the site, leading to BetIndex entering administration, the Independent Review …

Chris Philp appointed gambling minister as reshuffle continues

The latest development in Boris Johnson’s cabinet reshuffle has seen Chris Philp named the new Gambling Minister, replacing John Whittingdale. Although the new appointee’s responsibilities have not yet been disclosed, it has been confirmed that he will oversee the continuation of the review of the 2005 Gambling Act following Whitingdale’s dismissal last week. Philp’s first …