Category Archives: Betting

Danish operators reminded of their money laundering Act duties

Spillemyndigheden, Denmark’s gambling authority has reminded licensed incumbents of their duties to report suspicious AML activities to FIU – Denmark’s Money Laundering Secretariat. The warning comes as FIU updates its ‘list of AML indicators’ that must be reported on by Danish licensed-or-registered businesses working within high-risk compliance sectors such as banking, trading, insurance and gambling. …

ASA: CAP Code remit can be applied to video in-game purchases

The Committee of Advertising Practice (CAP) has published guidance on how gaming and media stakeholders should manage and monitor in-game purchases and player incentives.     CAP guidance forms part of a 2020 consultation led by the Advertising Standards Authority (ASA), which is charged with ensuring that audiences are better protected and informed on in-game purchases and …

Svenska Spel backs Grassroots expansion of Esportshall

Svenska Spel has announced that it will fund the expansion of Esportshall, Sweden’s leading esports coaching and mentoring organisation. Sweden’s state-owned lottery operator will become the principal sponsor of Esportshall new ‘Grassroots Cup’ tournaments, an amateur series seeking to uncover the next generation of Swedish talents across all major formats of competitive gaming. Esportshall was …

Optimove raises $75m investment led by Summit Partners

CRM marketing specialist Optimove has announced a $75 million investment led by global growth investor Summit Partners. The financing will support continued investment in strategic hiring and M&A, as well as an expansion of its Customer Relationship Management (CRM) Marketing platform. The company has also announced the addition of Summit Partners Head of Europe, Han …

Rhodes offers UKGC perspective on Football Index enforcement  

Andrew Rhodes, the interim Chief Executive of the UK Gambling Commission (UKGC), has published a video response to the independent review of the collapse of Football Index.  As noted last week, the Commission has established new practices in how it evaluates the risks of novel products recommended by the review and to strengthen its working …

Winning Post: Sports funding faces a slippery slope

Regulus Partners observes a week of parliamentary debate on the future of gambling sponsorships. A topic that garners MPs direct attention, who have yet to deliver concrete resolutions on how gambling reforms will impact the future of sports funding. The complexities of the gambling reform debate were laid bare in Parliament this week as the …

Italian MPs urged to support gambling reforms as a Budget Law commitment

Italian gambling awaits to see whether amendments to restructure the gambling sector will be incorporated as a policy measure of Italy’s next Budget Law. A draft proposal to ‘reorganise Italian gambling’ is reported to have been finalised by Claudio Durigon the former undersecretary of the Economic Treasury. Yet, maintaining the bad luck tribulations of Italian gambling, …

Genius Sports boosts Polish market presence via STS deal

Genius Sports has struck a partnership with Polish operator STS, focusing around driving the expansion of the latter’s in-play offering via the leveraging of data. As a result of the agreement, STS will gain access to the NYSE-registered sports data and technology firm’s LiveData and LiveTrading solutions to deliver official data across thousands of sporting …

DAZN appoints Ian Turnbull to oversee sports betting operations

Subscription sports streaming service DAZN has appointed former Entain executive Ian Turnbull as its new EVP of Betting and Gaming, as the firm looks to increase its engagement with the sector.  Turnbull’s career in the betting and gaming space saw him work as Microgaming’s Services Director, and most prominently as Head of B2B at Entain …

Hancock calls on government to fix betting levy ‘loopholes’

Matt Hancock MP has called on the government to address ‘loopholes’ in the UK’s horse racing betting levy, warning that the British racing scene could fall behind other countries.  As reported by the Racing Post, the former DCMS minister and ex-Health Secretary made the remarks while addressing parliament yesterday, and identified what he believed were …