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MGA study shows sports betting operators worst hit by pandemic

The survey covered a number of different areas, including the pandemic’s impact on gaming revenue, operating costs and investments. According to MGA data, the B2C sector has been the most impacted by the crisis. The aggregate gaming revenue of the 151 B2C companies who participated in the study is forecasted to fall by 12% in […]

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BOS general secretary: Regulatory interference could be hampering fair competition in Sweden

In April, minister for social security Ardalan Shekarabi announced temporary measures aimed at player safety during the pandemic, including weekly deposit limits of SEK 5,000 ($537), but has since excluded horseracing and sports betting from restrictions. But the general secretary for Swedish online gambling trade association Branschföreningen för Onlinespel (BOS) believes the measures will have

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Sportech able to mitigate some impact of COVID-19 pandemic

The sports betting company announced that due to mitigating actions, the impact of sports cancellations had been less detrimental to overall net cash than expected. In its March 2020 trading update, Sportech estimated its net cash would stand at £7.5m ($9.3m) at the end of June, but this estimation has now been increased to £8.9m.

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Scottish bookies call for business rates relief and grant support

The Betting and Gaming Council (BGC) has implored the Scottish Government to follow England’s example and make betting shops eligible for rates relief thereby allowing firms, whose income slumped during the pandemic, to waive what they would normally have to pay or risk losing hundreds of independent betting shops. In a further blow, ministers have

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Illegal sports betting on the rise in New Zealand

Courtsiders, people working for the bookmakers, provide live point-by-point commentary to the interested parties, which allows them to manipulate the betting market. Kate Agnew, head of events for Netball New Zealand, stated this is the first time this sort of activity has been registered in the country, but she added the organisation “anticipated this because

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Italian Government sanctions betting shop closures over unpaid taxes

The GDF is the federal police agency responsible for enforcing Italian business sanctions and cessations, meaning that Minenna must obtain an agreement with GDF counterparts in order to approve the closures.  Operating as the regulatory body for Italian gambling, the ADM claims it has the power to impose business closures following the introduction of new gambling amendments under Italy’s ‘2020 Budget Law’, passed by parliament last

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NBA strikes extended deal with Yahoo Sports including new VR rights

NBA branded promos will now be marketed on Yahoo’s platforms, with Yahoo Sports courtside signage seen during nationally televised games, as well as activations at major events like Summer League and All-Star weekend.   Now tasked with deploying Virtual Reality (VR) games and new betting-related content from next week onwards, RYOT – Yahoo Sport’s sister company under the Verizon Media umbrella – will

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EGBA proposes single set of consumer rights for European iGaming sector

The EC is due to publish its new Consumer Agenda later this year, and is currently consulting with various stakeholders on a roadmap to develop its strategy, to which EGBA has submitted data outlining why it should support the development of a single set of consumer rights. According to EGBA, this specific set of rights

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2020 Irish Greyhound Derby streaming rights issued to SIS

Expanding its greyhound offering, live pictures and data of all six rounds of the prestigious competition, taking place at Shelbourne Park in Dublin from 14 August to 19 September, will be available through the supplier’s 24/7 Live Betting Channels. By securing the rights for both online and retail streaming, SIS strengthens its footing in greyhound

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