The SBC Digest April 24th-28th
GOOD WEEK FOR
UK Regulation
After two years in development and several delays to publication, the White Paper on the UK’s Gambling Act review is finally here, providing stakeholders with much-needed clarity on the industry’s regulatory future.
Flutter
Irish-based Flutter Entertainment has secured shareholder approval to seek a US listing to help support future growth stateside via its market-leading FanDuel brand.
BAD WEEK FOR
Entain
#Entain has received a regulatory punishment in #Australia, forced to pay AU$13,320 after its Ladbrokes and Neds brands offered in-play betting on the #LIV golf tournament.
UK Research
The Howard League for Penal Reform has concluded that significant gaps need to be filled in researchers’ understanding of the links between gambling-related harm and crime.
NUMBERS GAME
$10m
Esports betting firm Rivalry.com has secured C$10m in a funding round to support its future growth after posting “record-setting” numbers in 2022, with 149% revenue growth.
40%?
Despite securing 20 new contracts, including two major renewals with key customers, sportsbook supplier Kambi couldn’t boost its bottom line as Q1 profit after tax dropped by 40% year-over-year.
€1.45bn
FC Barcelona confirmed plans to renovate the #NouCamp, having received €1.45bn in funding to boost progression.
3%
Kindred Group plc has notified investors that the proportion of its revenue generated from problem gambling has dropped from 3.3% to 3%, whilst also noting that it is seeking strategic alternatives for its long-term future, whether that is a merger or a full sale.
领英推荐
QUOTE OF THE WEEK
"We live in a freedom-loving democracy where, for the overwhelming majority of adults, betting is a bit of fun and it doesn’t come with ruinous consequences.
“But one that also recognises that our regulations are not up to the task of protecting people in the age of the smartphone. There are blindspots in the system that are being exploited, keeping addicts addicted and is proportionately impacting some of our communities who are least able to afford it.”
#DCMS Secretary Lucy Frazer summarised the rationale behind and objectives of the UK Gambling Act review, as the White Paper on the regulatory overhaul landed this week.
VIDEO OF THE WEEK
William Hill launched a new podcast featuring Simon Jordan, as he sat down with former world #boxing champion, Tony #Bellew.?
RECOMMENDED READING
As the US iGaming market aims for the next level of growth, Xtremepush Senior Account Executive Brandon Asgeirsson tells operators how to fully optimise data and improve technology to create a personalised experience for players.?
Want more XtremePush? Check out our upcoming webinar: Beyond Acquisition: Moving towards relationship marketing
Entain , Flutter Entertainment , Fitzdares and The Health Lottery Ltd have responded to the Gambling Act review White Paper’s judgements, showcasing a range of stakeholder opinions.
In the latest iGaming Expert 100 Club special, we questioned the club members on the phrases and business terms that they would like to permanently remove from the industry’s lexicon.
Simon Dorsen , OKTO ’s Chief Commercial Officer, discussed the significance of an omnichannel cashless payment experience to ensure player retention in gaming.
The #LatAmLowdown from SBC Noticias
El equipo económico de #Brasil aseguró que se aumentó el porcentaje de impuestos que se le cobrará a los operadores de un 15 por ciento a un 16 por ciento. Se espera que la medida llegue al Congreso el 5 de mayo.
#Perú ha decidido aprobar una medida que determina que no se admitirá el anonimato en los juegos o apuestas online ya que “atenta contra los fines de la ley y la prevención y combate a la ludopatía y el lavado de activos”.