Category Archives: Betting

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 …

Spelinspektionen: ‘Clear link’ between borrowing money and problem gambling

Spelinspektionen, the Swedish Gambling Inspectorate, has updated incumbents in the country’s betting and gaming market concerning credit card usage.  The Inspectorate explained that gamblng companies – with the exception of lotteries – are prohibited from offering credit cards as a payment method in Sweden, but added that some licensees ‘inform about and sometimes also link …

UKGC alters digital oversight following Football Index investigation

In response to an investigation into the collapse of BetIndex, the UK Gambling Commission (UKGC) has announced that it will make changes to its regulatory oversight of digital gambling products. The Independent Review highlighted a number of areas for improvement from both the UKGC and the Financial Conduct Authority (FCA). In response to the review’s …

Jette Nygaard-Andersen: Gambling must learn to champion its customers

Jette Nygaard-Andersen has underlined that global gaming leadership must accept its remit in maintaining a sustainable industry as a “common-sense goal” as incumbents face a decade of new challenges. The Group CEO of Entain Plc provided the keynote speech, opening the SBC Barcelona Summit, as Entain was placed at the forefront of global news headlines …

Norwegian government moves forward with overseas gambling block

The Norwegian Government has progressed with its plans to block overseas betting and gaming operators, according to local outlet Norway Today. Norway’s Minister of Culture and Equality, Abid Raja, is reportedly targeting a number of overseas  firms, including Betsson and Unibet, arguing that the online activities of these companies should be prohibited.  “These companies do …

Flutter considers ‘matter closed’ as $300m paid to Kentucky

Flutter Entertainment has paid $300 million to the Commonwealth of Kentucky to fully settle its legal dispute with the state concerning The Stars Group.  The Dublin-based gambling group has paid $200 million to the state, on top of a $100 million previously handed over to the state relating to a superseded bond in the case. …

Peter Ekmark: Each US state requires its own approach for cloud hosting

Entering the US market as a global cloud hosting provider is “no easy feat” according to Peter Ekmark, CEO of Internet Vikings, as he explained the reasons why each individual state presents its own set of unique challenges.  In a video interview, Ekmark began discussions by looking at the underlying reasons behind the increasing rates …

SBC Advisory Partners extends network with eight associates

SBC Advisory Partners, the pioneering consulting and transaction advisory service for sports, betting & gaming sector, has announced eight industry experts have joined the organisation as associates.  The new associates will assist SBC Advisory Partners in its goal of offering clients a comprehensive knowledge and contact network for the sports, betting and gaming industries across …