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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A court in The Hague has dismissed online gaming operator Betsson’s claim that the Dutch gambling authorities (Kansspelautoriteit) recent clampdown on online gaming operators violated EU regulations, ruling that it was inadmissible in a court of law. The company purchased the Dutch facing Oranje Casino and Kroon Casino in 2014 for a combined €100m, with…
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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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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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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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Slots developer Pragmatic Play is now able to operate in both Spain and Portugal after being certified in both markets. The Spanish Directorate General for the Regulation of Gambling (DGOJ) and Portuguese Gambling Inspection and Regulation Service (SRIJ) both approved the company’s online games for distribution.
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Paddy Power Betfair has announced industry veteran Jan Bolz as its new independent director. Bolz was previously chief executive at European sports betting operator Tipico Sportwetten. In his new role, Bolz will lead guidance with regards to international expansion projects at Paddy Power Betfair, as well as ongoing marketing and commercial initiatives.
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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 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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LeoVegas has become the latest major operator to announce it is withdrawing from the Australian market in response to new gambling regulations. Earlier this month, the Australian Senate moved to pass the Interactive Gambling Amendment Bill, which includes legislation that bans all remote operators from offering online poker and in-play sports betting to punters in…
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