Category Archives: Betting

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 …

Stats Performs extends TruMedia analytics collaboration

Stats Perform has announced a five-year extension of its partnership with TruMedia, which will see the duo continue to develop the ProVision analytics platform. Development on ProVision throughout 2021 has seen the integration of tracking data into the platform and the introduction of an enhanced API, allowing for the automated export of a sports club’s …

Yolo Group appoints Christine Lewis to oversee restructured operations

Undertaking a major restructuring of its operations, the Yolo Group has appointed Christine Lewis as the CEO of its B2B Bombay Group, One Touch and Hub88 subsidiaries. Lewis, who formerly served at NetEnt and was most recently the Chief Commercial Officer at Pariplay, will carry out the role of CEO of Bombay Group.  Her responsibilities …

SBC Advisory Partners signs up Lasha Machavariani

SBC Advisory Partners, the pioneering consulting and transaction advisory global service for sports, betting & gaming sector, has strengthened its focus on CIS & Eastern Europe as it is one of the hottest regions of the sports betting and iGaming industry today.  Following a successful partnership between SBC and SMH (Sports Media Holding) for media …

BetInvest: How live streaming is helping drive Quick Sports engagement

With the rise of mobile gambling, live streaming and in-play betting are anticipated to remain a major trend in 2022, according to representatives from BetInvest. Offering bettors the chance to wager on events as they unfold certainly drives engagement with sports fans. Players are no longer restricted to wagering on a game before it begins …

Sportradar adds three-year extension to ITF collaboration

Sportradar has extended its current partnership with the International Tennis Federation (ITF) with a focus on enhancing integrity measures and driving fan engagement. The data agreement between Sportradar and ITF, which will run for three more years, will enable the federation to deliver a number of ongoing integrity-led major projects, including the development of technology …

Euro market adjustments see Betsson anticipate a tougher 2021 landing

Betsson AB has maintained confidence in its sports betting operations, with revenue in the sector offsetting a decline in casino, whilst also lauding its acquisitions strategy but acknowledging hurdles in the newly regulated Dutch market. Publishing its Q3 trading update, the Nasdaq Stockholm registered group reported overall revenue of SEK 1,733.3 million, representing a 3% …

ANJ vows to use Consumer Code powers to penalise bet restrictions

l’Autorité Nationale des Jeux (ANJ) France’s unified gambling regulator, has warned licensed sportsbooks that player bets cannot be refused, restricted, or limited ‘without legitimate reasoning’. The warning follows a raise in player complaints made against online sportsbooks, registered by national gambling ombudsman Games Mediator – that cited ‘a rising 17% of complaints’ had been against …

Betsson withdraws Lindwall CEO exit as headwinds loom

The board of Betsson AB has withdrawn its decision to replace Pontus Lindwall as Group CEO.  The decision follows a consideration of the Stockholm-listed group’s ‘near-to-mid future priorities’, made in light of Betsson’s unexpected failure to secure a Dutch KOA online gambling regime licence and to help further execute new market expansion projects in the …

Lithuania authorities issue warnings over illegal remote betting sites

The Gaming Control Authority, part of the Ministry of Finance of Lithuania, has issued a warning to the country’s sports betting and gaming industry regarding illegal remote betting sites.  Publishing an update today, the Authority notified the industry that ‘only properly licenced companies having special permission for this online betting operations in Lithuania. Under Lithuanian …