SBC Weekly Digest 22/03/24

SBC Weekly Digest 22/03/24

GOOD WEEK FOR

SPORTRADAR

Following a dynamic and successful 2023, in the words of CEO Carsten Koerl, Sportradar reported full year revenue growth of 20% to €730m.

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888

The board of 888 Holdings breathed a sigh of relief when the UK Gambling Commission confirmed it will take no further regulatory action after completing a licence review of the company.

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BAD WEEK FOR

MALTA

The Malta Gaming Authority has observed a need for more enhanced and nuanced training for the island to effectively protect itself from several significant AML threats.

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MR Q

The Advertising Standards Authority has upheld a complaint against an advertisement said to appeal strongly to children for Lindar Media’s MrQ.com.

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QUOTE OF THE WEEK

“Being able to have that content on hand for a casino player willing to place their first sports bet is important because otherwise, you’re really relying on those key tentpole moments, your Super Bowls, NFL launch days and March Madness, but those come and go. It’s not just about launching an online sports betting product, it’s about launching a product with enough content and enough games to keep players engaged and willing to cross over from casino.”

Taking part in SBC’s Sportsbook Tech Day, Matt Garrigan, Senior Director of Sports Betting & Business Development at Underdog Fantasy, outlined the fundamentals for successful sportsbook-casino conversion.

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NUMBERS GAME

€68m

Entain asserts that its Dutch holding,?BetCity.nl, was overvalued by between €68m-€156m when acquired from Sports Entertainment BV back in 2022.

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167

Starlizard Integrity Services’ latest report on global football matches identified 167 games as suspicious throughout 2023.

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$42.5m

Gambling.com Group purchased the European and Canadian media assets of XLMedia for $42.5m ahead of reporting ‘record-breaking’ Q4 results.

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$4.5m

US media reports indicate that at least $4.5m in funds were transferred from baseball star Shohei Ohtani’s bank account without his knowledge to cover his interpreter’s gambling debts.

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VIDEO OF THE WEEK

Following the Cheltenham Festival, the SBC News and CasinoBeats teams joined together to discuss horse racing’s concerns amid a regulatory overhaul of British betting.


RECOMMENDED READING

The UK is one of the globe’s leading adopters and developers of Open Banking, John Penrose MP argued at Pay360, but the legislator believes action needs to be taken to retain this top spot.

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Ahead of his appearance at the CasinoBeats Summit, Maksim Gorbach, Head of Poker at Enlabs, spoke to CasinoBeats to analyse how the game has evolved to engage new audiences.

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Abelson Odds COO Jeevan Jeyaratnam addressed SBC Summit Rio about the company’s desire to tap into Brazil’s passionate fanbase for the beautiful game.?

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In time for Problem Gambling Awareness Month, Jonathan Michaels of Michaels Strategies spoke about the best ways to identify and support problem gamblers.?

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SBC NOTICIAS

Durante SBC Summit Rio, un debate presentado por Wesley Cardia de la ANJL, Marcio Malta de Sorte Online, Marc Crean de OpenBet y Ronaldo Kos de IDnow, y moderado por Leandro Pamplona de Bonetti, Krugen & Pamplona Advogados, discutió cómo los operadores pueden trabajar en colaboración con los organismos reguladores y proveedores para crear programas de educación e identificar riesgos potenciales para proteger a los apostadores.

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En el panel Decodificando las reglas de verificación de identidad en la nueva regulación de apuestas deportivas en Brasil, moderado por Carlos Eduardo Merlin de CAF, Sean Telford de KTO, Leonardo Chaves de OKTO y Rafael Rebelo de H2 Club, analizaron cómo ven el panorama de la regulación para el KYC y el onboarding, durante el último día de SBC Summit Rio.

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