The SBC Digest April 10th-14th
GOOD WEEK FOR
Albanian authorities took another step closer towards legalised betting and gaming this week, as the country’s Ministry of Finance and Economy placed a draft law under review.
INDUSTRY DIVERSITY
The gaming industry in the US has made ‘impactful strides’ on #diversity in the last year according to the American Gaming Association , as research revealed that 45% of managers are from minority backgrounds.
BAD WEEK FOR
GAMBLING SPONSORSHIP
#PremierLeague clubs have voted in favour of a ban on front-of-shirt #sponsorships displaying a gambling company. The landmark decision will allow the eight clubs who currently have a gambling-related front-of-shirt sponsorship deal to find an alternative sponsor until the start of the 2025/26 season.
888
Damning results were revealed in 888’s FY2022 report as the operator published a net loss of over ￡120m, following a year of acquisitional debt and safety failures.
NUMBERS GAME
15%
As speculation mounts around forthcoming regulation of #Brazil’s high-potential betting market, the government of #Lula da Silva has recommended a GGR tax rate of 15%.
€392m
Intralot has emphasised the resilience of its business, as EBITDA remained strong in the face of a revenue decline to €392m, down 5.1% on the previous year’s €414m.
40%
A BBC investigation has uncovered that 40% of #PremierLeague clubs have been involved in relationships with financial firms that are under regulatory scrutiny from the Financial Conduct Authority (#FCA ), with some firms even being banned by the UK financial regulator.?
领英推荐
$1.8bn
Sportsbooks in New York handled almost $1.8bn in March as the NCAA March Madness tournament enamoured bettors, marking the Empire State’s record month for GGR.
QUOTE OF THE WEEK
“The M&A world has been depressed for a while. Once the value of listed companies had started to plummet, it was only a matter of time before the malaise seeped through into the private world.”
Marketing services provider The Unit has taken its business to the US, which Strategic Advisor Andy Clerkson believes is the ideal sector for the company’s operations and ambitions.
VIDEO OF THE WEEK
EveryMatrix has successfully applied its commercial experience of betting and gaming to the state-linked lottery sector, the firm’s Head of Lottery Sales, Frank C. , explained.
RECOMMENDED READING
Martin Lycka offers a rundown of the legislative and regulatory developments in the Americas in 2023 and, with a mixed bag of results, he laments the impact of “lady luck” on getting legislation over the line.
American Gaming Association CEO Bill Miller highlighted the threat posed by illicit gambling and prioritised the fight against it during a discussion for the latest issue of SBC Leaders .?
#TheGrandNational takes place over the weekend, so SBC News once again stopped by the #BookiesCorner to get an insight into the latest trading trends and customer acquisition ahead of the big race.
SBC NOTICIAS
Manuel Sánchez, secretario ejecutivo de la Junta de Control de Juegos (JCJ) de #Panamá , dio a conocer más información sobre el fortalecimiento del sector del juego online en el país gracias al desarrollo comercial de las marcas con licencia.?
SBC Noticias comparte una nota de opinión sobre la estigmatización del juego en #Brasil , la reciente ola de cifras injustificadas alrededor del juego problemático entre los menores de edad y la campa?a anti-apuestas que circula por los medios de comunicación locales.
Co-Founder of BettorEdge
1 年Excited to watch this space!