Category Archives: Betting

Spotlight Sports to deliver a Kentucky boost for Playmaker’s Yardbarker

Spotlight Sports Group (SSG) has moved to strengthen its standing in North America via a new commercial partnership with Playmaker Capital that will continue its expansion of betting services on the continent.   The sports betting content and technology group has entered into an agreement with Playmaker Capital, to service its flagship US sports media …

KSA lambasts online operators for ‘insufficiently complying’ with AML requirements

The Dutch Gambling Authority, the Kansspelautoriteit (KSA), has criticised online gambling operators in the country for failure to meet the standards of the Money Laundering and Terrorist Financing (Prevention) Act (Wwft). Issuing a warning to licence holders, the KSA stated that ‘various obligations are insufficiently complied with’, after conducting its own investigation and analysing Financial …

Uzbekistan withdraws support for sportsbook legalisation 

Further troubles loom in the CIS region as Shavkat Mirziyoyev, President of Uzbekistan, has withdrawn his support for a decree to establish a national framework legalising betting activities.    Last week, local media reported that Mirziyoyev would no longer back plans for Uzbekistan to launch its first legislative framework establishing federal laws for ‘sportsbook and sweepstake’ …

Audrey Bouctot tasked with streamlining Honoré’s finances as new CFO

Sportsbook and igaming platform provider Honoré Gaming has announced a new Chief Financial Officer, appointing Audrey Bouctot to the role.  In her new position as CFO, Boycott will be responsible for development and growth of Honoré’s financial department, including the streamlining process, undertaking monthly closing, monitoring costs and setting KPIs.  Boycott’s 15 years of experience …

LeoVegas bolsters tech muscle as MGM buyout looms

LeoVegas AB has praised the performance of its product portfolio and investment strategy in outriding industry-wide European headwinds, as the Stockholm-listed online gambling group becomes an acquisition target of MGM Resorts.  Publishing its Q1 trading results, LeoVegas registered corporate revenues of €98.5 million, up 2% on corresponding 2021 results of €96.7 million. Excluding Dutch market …

Spain to vote on DGOJ to take ‘central control’ of betting fraud duties 

Spain’s Congress of Deputies has approved for MPs to vote on a set of new measures to be applied to ‘The Gambling Law’ that will strengthen the “state’s control on monitoring betting fraud to help tackle sports corruption”.  The Congress that serves as Parliament’s ‘legislative review branch’ voted unanimously in favour (343 votes / 0 …

BetConstruct supports Polish launch of GO+Bet

BetConstruct has bolstered its position in the Central European betting and gaming market, supporting the launch of Polish online bookmaker GO+Bet. The Armenian gaming technology developer will provide GO+Bet with its complete sports betting platform, including an operator back office and sportsbook provisions for over 120 different events.  This will include BetConstruct’s in-house developed range …

OMEGA Systems: Creating a true omni-channel experience

The trend in the gambling industry in recent years of business increasingly shifting to online verticals is showing no signs of slowing, and for OMEGA Systems it has informed the core development of its product.  Taking time to discuss the company’s movements with SBC’s Joe Streeter, Editor of Payment Expert, at ICE London 2022 last …

MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores

The board of LeoVegas AB has ‘unanimously recommended’ to investors an SEK 61 (€5.90) cash-per-share takeover offer submitted by US casino and entertainment group MGM Resorts. Publishing deal terms this morning, LeoVegas has advised shareholders to accept MGM’s offer, which has placed a 44% premium on the firm’s SEK 42.3 (€4.10) closing price on the Stockholm …