Category Archives: Betting

Better Collective bolsters Dutch foothold ahead of online market launch

Better Collective has moved to strengthen its position in the Dutch betting and gaming market via two acquisitions, ahead of next month’s online launch.  Separate transactions consisting of upfront payments of €5.9 million and €3.75 million has seen Better Collective acquire sports media website Soccernews.nl and ‘well established’ online sports betting community Voetbalwedden.net. Although Better …

EU Lotto fined £760k by UKGC for AML and social responsibility failings

The UK Gambling Commission (UKGC) has taken regulatory action against Lottoland operator EU Lotto, fining the firm £760,000 for social responsibility and anti-money laundering failures.  An investigation by the regulator concluded on 2 September that the company had failed to properly implement Commission’s formal customer interaction guidance, such as neglecting to recognise frequently changing deposit …

Novibet unites with GBG to boost seamless player journey

Novibet has strengthened its digital identity capabilities through a new partnership with GBG.  The collaboration will seek to optimise the brand’s overall customer onboarding experience, for the UK market – as Novibet deploys GBG’s ID3Glbal technology to onboard players. Nikos Katsaros, Legal & Compliance Director, Novibet commented on the link: “We chose GBG based on …

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 …