Friday, January 22, 2021

Tag: Gambling

Parimatch makes statement of intent for newly legalised Ukraine gambling industry

Ukraine legalises gambling
Following the signing of Bill No. 2285-d by President Volodymyr Zelenskyi to legalise the gambling industry in Ukraine, Parimatch, the international betting and technology company, has confirmed it will be bidding for the new operating licences in the country.

Tanzania expands licensing, relaxes ad ban

Tanzania government licensing
The Tanzanian government has updated its gaming regulations to permit a wider range of licence categories while significantly relaxing advertising..

Licence changes will better protect players, says UKGC

UKGC licence change
The UK Gambling Commission has updated its licensing conditions to better protect players and make gambling fairer.

Panorama: A wider view

Panorama wider view
Panorama’s carefully edited expose of the now historical failings of certain gambling firms gave the unfortunate impression that little has changed..

Betfair becomes butt of ‘broker-clone network’ sting

Betfair suffer
Betfair became the focus of a Financial Times investigation in July - which it claims ultimately led to one “broker” closing its business with the site.

Norway places payment ban on seven Malta-registered operators

Norway, gambling, payment ban, seven, Malta, registered operators
The Norwegian gaming authority Lottstift has placed payment prohibitions on seven Malta-licensed operators, preventing Norwegian citizens from gambling via their sites. Citing a breach in Norwegian gambling…

William Hill to double profits by 2023

william hill fobt
William Hill has reiterated its goal of doubling its profits over the next four years - despite almost simultaneously posting a loss of £721m for 2018. The embattled British bookmaker is betting big on the unfolding of…

UK-listed companies feel the pinch in 2018

Profits warnings at FTSE-listed gambling firms were at their highest point in over a decade through 2018, according to a new report from EY. And with more regulation coming for the world most mature market…

Netherlands to end igaming vacuum with new Act

Netherlands, igaming, vacuum, new Act, gambling
The E400m Dutch market could soon triple in size as senators finally approve a Remote Gambling Act that will bring the grey market into the light from next summer. Although experts warn that the devil in the detail, it is yet to be announced. Having been…

Transactional analysis: Kenya vs Nigeria

gambling, Kenya, Nigeria, betting, analysis
A new report shows betting was the second most occurring digital transaction in Kenya last year, second only to airtime purchases. The report, “Kenya Vs. Nigeria, 2018 Year In Review,” conducted by Reach Technologies, analysed urban African consumers…

FOBT lobby rebrands to address online gambling

FOBT, lobby, rebrands, online, gambling
Ahead of the March 31 FOBT stake cap, the UK Parliament's Fixed Odds Betting Terminals All-Party Parliamentary Group is to be reinstated, renamed and granted a wider remit. Becoming the APPG for Gam- bling-Related Harm, the committee will…

Excitement builds with only 48 hours to go until SPiCE

SPiCE india, gaming, goa, gambling
Excitement and anticipation is building amongst all those involved in the Indian gaming and sports betting industry as less than 48 hours remain for the kickoff of the Strategic Platform for iGaming Conference & Exhibition (SPiCE) that is scheduled

SPiCE: Alderney eGambling’s Susan O’Leary talks business

Spice, Alderney eGambling, Susan O Leary, interview, tax, gambling
Susan O’Leary is the CEO of Alderney eGambling, the Alderney regulator’s strategic and development body. As a lawyer, she represented some of the world’s leading eGambling operators and gambling service providers including many of Alderney’s licensees. She has ...

Assessing the implications of January’s DoJ bombshell

wire act, usa
Two weeks since US gaming was rattled by yet another reinterpretation of the 1961 Wire Act, lawyers and lawmakers offer their initial predictions on who’s likely to be affected and how hard. ANTHONY CABOT... ON DAILY FANTASY SPORTS VERSUS MOBILE WAGERING

BiG Africa Supershow 2019 – Only 2 Months to go

BiG Africa Supershow, eventus, kenya, gambling
According to ventures Africa, the combined size of the gambling industry in Kenya, Nigeria, and South Africa was projected to be worth a staggering $37 billion in 2018. One of the great things about the African market is that it’s mostly African

UK government to assess links between video gaming and gambling

Parliament
The UK parliament will investigate the links between video gaming and online gambling, as part of an assessment of VR, AR, esports and the growing trend toward gamification. The Digital, Culture, Media and Sport Committee will appraise the effect games such as FIFA, Fortnite and Call of Duty have on blurring the delineation between gameplay and gambling, as well as...

Cherry in $1bn consortium bid

Cherry Casino, Sweden, gambling, group
Swedish gambling group, Cherry, is at the centre of a $1bn takeover bid from a consortium of investors looking to take the company private. The target firm’s bid committee has already recommended that its shareholders accept the offer of SEK87…

Industry accedes in gambling ad armistice

gambling, advertising, ban, TV, commercials
In an effort to stave off the kind of gambling ad restrictions introduced in Italy this month, industry leaders have gone against best evidence to adopt a voluntary ban on TV commercials during matches. Industry bosses in Britain have opted to sooth rising public…

Brazilian uncertainty as Bolsonaro wavers on wagers

Brazil, football, BOLSONARO
With Bolsonaro relying on a wave of traditional, nationalist feeling to ride into power, a progressive attitude to gambling legislation was far from the core of his campaign. But while the new president is visibly unsure of whether to back legislation,

South African Gambling Act marks significant step – but in which direction?

South Africa Gambling Act, anc, gambling, betting
As the ANC comes under fire for reportedly considering an internet ban to prevent online gambling, and the National Gambling Amendment Act 2018 is stripped to a bare minimum, local gaming lawyer, Garron Whitesman, argues that next year’s

BlockChain Innovations Corp. acquires The Games Company

BlockChain Innovations Corp, acquisitions, The Games Company, gambling
BlockChain Innovations Corp. an international blockchain technology supplier serving the regulated gaming industry, has announced that it has acquired The Games Company, a popular provider of online casino games that is licensed by the United

BetLion leaps into “huge opportunity” of Kenyan market

KENYA, BetLion, gambling, SportPesa, Betway, Africa
BetLion has launched a betting operation in Kenya, after receiving approval from the Kenyan Betting Control and Licensing Board to enter the country’s $351m online industry. The Ugandan operator will now provide its mobile-focused product offering

New York’s legal fudge creates temporary grey market for DFS

New York, gambling, legalislation, DFS
A war wages on over daily fantasy sports in New York, which for now has left DraftKings and FanDuel operating in a legal grey zone. In bypassing various constitutional procedures, the state’s lawmakers had no right to regulate DFS, said a Supreme Court judge…

Inspired launches ’The Virtual Grand National’ with Paddy Power

Inspired, Virtual Grand National, Paddy Power, gambling
Inspired Entertainment, Inc. today announced the first retail launch of their newest virtual horse racing product ‘The Virtual Grand National’ with Paddy Power Betfair plc. across the bookmaker’s full retail estate of over 620 stores in the UK and Ireland.

UK government to assess links between video gaming and gambling

video gaming , UNITED KINGDOM, REGULATION, gambling
The UK parliament will investigate the links between video gaming and online gambling, as part of an assessment of VR, AR, esports and the growing trend toward gamification. The Digital, Culture, Media and Sport Committee will appraise the effect games such

The shifting sands of the affiliate ecosystem 


Onlinebetting, Affiliates
The online gaming affiliate ecosystem has undergone significant changes over the years, and in recent times this change has been rapid. In the early days, the affiliate industry was a free-for-all with few regulations or limits on how affiliates

SPiCE 2019: Interview with Christina Thakor-Rankin

SPiCE, eventus, goa
Christina has over 25 years’ experience in the betting, gaming and gambling industry. Starting out in the pre-dotcom era, she has a career spanning land, internet and mobile, cross all aspects of betting and gaming…

Ad restrictions loom for gambling sector

football
With several of the world’s core markets already grumbling about gambling adverts, Italy’s wholesale ban is a worrying precedent, analysts warn. Promising to restrict gambling adverts is becoming more popular, analysts warn, among politicians…

ICE Africa an ‘ideal platform’ to explore proposed National Gambling Amendment Bill in South Africa

IGT 166 AFRICA NAZARA
Dan Stone, Senior Marketing Manager at Clarion Gaming and one of the key figures behind the inaugural ICE Africa (24-25 October, Sandton Convention Centre, South Africa), has stated that the event represents the first truly comprehensive platform for the industry to discuss the proposed National Gambling Amendment Bill which was announced last Friday by South Africa’s Department of Trade...

Belarus proposes online legalisation in draft decree

Minsk, Belarus
The government of Belarus has prepared a draft decree to legalise, licence and tax online gambling. The proposal, submitted by head of the country’s Ministry of Taxes and Levies, Sergei Nalivaiko, also includes a motion to raise the legal gambling age from 18 to 21.

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