Sportech CEO, CFO announce resignations

Sportech has revealed that chief executive Ian Penrose and chief financial officer Mickey Kalifa have informed the company’s board of their intention to resign. Penrose will remain in his role until December 31 and while Kalifa’s resignation is effective from today (Monday), he will remain with the firm until October 31. Sportech said both Penrose…

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888, Sky Vegas, Ladbrokes and Casumo censured

Online operators 888, Sky Vegas, Ladbrokes and Casumo have been found guilty of breaching advertising standards rules surrounding so called ‘fake news’ advertorials targeting vulnerable people. A total of nine complaints were received by the Advertising Standards Authority (ASA) relating to advertisements on websites which suggested that gambling would provide an escape from personal problems…

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Lottoland may banned by three Australian states

Gibraltar based lottery betting company Lottoland may soon find itself banned in three Australian states following concerns that the international business is taking away revenue from locally based lottery businesses. According to reports in the Herald Sun newspaper, the governments of Victoria, Western Australia and Queensland are all considering potential ways of cracking down on…

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Mr Green deploys responsible gambling tool in UK

Sweden-based online gaming operator Mr Green has launched its responsible gambling solution, which provides punters with insight into their gambling behaviour. The Green Gaming tool will initially be implemented in the UK market to assess players’ online gambling habits in an effort to highlight early indications of problem gambling. Green Gaming requires customers to complete…

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Ndrangheta ran a €2 billion money-laundering operation through Malta-based online betting

Investigations into Malta’s gaming sector could soon be stepped up in the wake of an anti-Mafia probe and European Union-wide legislative changes, Europe’s law enforcement agency said. In a financial intelligence report, Europol said yesterday the recent inclusion of remote gaming in the EU’s anti-money-laundering laws could have a “significant effect” on the Maltese sector.…

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888 slumps following record UK fine

888 experienced a pre-tax loss in the first half of 2017 despite a 9% leap in revenues. The operator fell into the red after being hit for $50.8m over a record £7.8m ($10m/€8.5m) fine in the UK for failing to protect vulnerable customers and a potential tax bill in Germany. In a trading update, the…

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