SBC Weekly Digest 07/06
Good week for...
SAFER GAMBLING WEEK
According to the Betting and Gaming Council, the number of deposit limits set during Safer Gambling Week rose by 18 per cent in comparison to the same period in 2022.
FLUTTER ENTERTAINMENT
Flutter Entertainment has been named by TIME magazine as one of the publication’s 100 Most Influential Companies of 2024 under its ‘Pioneers’ section.
Bad week for...
PREMIER LEAGUE
The Premier League is facing legal action from Manchester City challenging its associated party transaction policies, which could result in changes to rules around sponsorship.
UK GAMBLING COMMISSION
Northern and Shell PLC’s criticisms of how the UK Gambling Commission handled the last National Lottery licence contest were heard again in court this week.
QUOTE OF THE WEEK
I believe doing business and creating a financially sustainable business model can be, and needs to be, supplemented with a genuine purpose and a desire to do good. When money is invested in the right way, it can trickle down and have many positive effects, including employment, awareness, education, and philanthropy.
The latest edition of SBC News’ Affiliate Leaders series featured Floris Assies, CEO of BetterWorldCasinos, discussing sustainability and ethics in gaming.
NUMBERS GAME
250%
A new report on fraud affecting online gambling providers has revealed that risk rates have increased by 250% in the first quarter of 2024.?
$285m?
SkyCity Entertainment Group has decreased its FY24 guidance ranges, reducing its underlying group EBITDA to between $280m and $285m and NPAT to between $120m and $125m.
￡49.5m
GambleAware has received ￡49.5m in voluntary donations in the 2023/24 financial year, helping the charity to provide essential gambling harm prevention and treatment programmes.
72%
Two months into its activity in Rhode Island, Bally’s has reported a 72% increase in adjusted gross revenue to $2m, benefiting from being the only licensed operator in the state.
VIDEO OF THE WEEK
Ahead of Euro 2024, Optimove’s Director of Strategic Services, Jonathan Inbar, and Strategic Services Team Leader, Jon Collins, outline the chances for customer acquisition and retention.
Recommended Reading
At Money20/20, AI's pivotal role in finance and payments was spotlighted in nine discussions, including a panel featuring Deutsche Bank and ING.?
As everyone holds their breath in anticipation for Brazil’s regulated market launch, James Kilsby from VIXIO envisions what the market will look like in the early days of its dawn.
Galaxys Chief Product Officer, Vigen Safaryan, highlights the importance of innovative game types that differ from traditional slot games in a conversation about the studio’s latest release.
Discussing the GRIT Act, Executive Director of the National Council on Problem Gambling Keith Whyte outlines the benefits of taxation to support problem gambling RET.
SBC NOTICIAS
Carlos Sabanza, director de Patrocinios y Relaciones Públicas de Codere Online, habla sobre su patrocinio al Club de Fútbol Monterrey Rayados de México, que incluyó convertirse también en el main sponsor del equipo femenino, Rayadas.
Caio de Souza Loureiro, socio del área de Gaming & Esports de TozziniFreire Advogados, va a fondo sobre los problemas que enfrentan las empresas que obtuvieron licencias particulares en un estado del país, a la hora de abordar el mercado nacional.