Swedish Cultural Affairs Committee backs gaming bill

first_img Topics: Legal & compliance Sweden’s Committee on Cultural Affairs has announced its support for proposed changes to the country’s gambling laws Sweden’s Committee on Cultural Affairs has announced its support for proposed changes to the country’s gambling laws. The national government is seeking to introduce updated regulations for online gaming and has published a draft bill on the matter. The mooted changes are not due to come into effect until January 1, 2019, while the licensing process for the new regulations will open on August 1 this year. Approval from the Committee on Cultural Affairs is another major step towards the bill becoming law and, according to Nordic Gambling, a final vote on the bill is now expected to take place on Thursday. The committee, which includes members of parliament from Sweden’s political parties, backed the proposal and rejected all six mooted amendments to the bill, having scrutinised the proposal for more than one month. In its opinion, which was published on Friday, the committee wrote: “This proposed reform is long-awaited. The proposal means that today’s outdated monopoly will be replaced by a modern legislation that will include the whole of the expanding gambling market. “The aim is to create a gambling market with high consumer protection, high safety in the games and clear conditions for operating on the market through a licensing system where we open up the Swedish market for serious operators who want to take part and be responsible. “Therefore, we close the system for actors that are not serious.”Related article: Sweden pushes back licence applications to 1 August Tags: Online Gambling Swedish Cultural Affairs Committee backs gaming bill Email Address 4th June 2018 | By contenteditor Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regions: Europe Nordics Swedenlast_img read more

Gamstop appoints new chair

first_img Tags: Online Gambling Topics: People People 18th September 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Gamstop appoints new chair Jenny Watson will bring in independent directors before planned launch later this year Regions: UK & Ireland Gamstop insisted today (Tuesday) that it plans to press ahead with its formal launch later this year after Jenny Watson was confirmed as the new chair of the organisation’s National Online Self-Exclusion Scheme.The arrival of Watson, a former chair of the UK’s Electoral Commission, will spark a raft of changes to board positions in advance of the full launch, Gamstop said.“My immediate priorities will be to recruit additional independent board members and to put in place an initial evaluation of the scheme following the first six months of operation, which will help Gamstop’s future development,” said Watson, currently the chair of The House of St. Barnabas, as well as the Portman Group’s Independent Complaints Panel.However, although there is still a need to bring in new board members, Gamstop is anticipating a formal launch “to take place soon” despite delays since the initiative was first unveiled nearly 16 months ago.The UK’s new national online self-exclusion scheme, supported by the Remote Gambling Association, was revealed in June 2017.A formal launch was initially earmarked for before the end of last year, before in December the target date was postponed until spring 2018.“The formal launch of the scheme is due to take place later this year and will focus on raising awareness of the scheme amongst consumers,” Gamstop’s head of operations, Katie Reynolds-Jones, told iGamingBusiness.com.“Gamstop has actually been live since April of this year and since then there has been a significant uptake in the volume of consumers registering with positive responses from operators and consumers alike.“We are not currently publicising these figures ahead of the formal launch which is due to take place soon. It is however a significant number and the feedback so far has been overwhelmingly positive.”Reynolds-Jones, who did not elaborate on the reasons for the delays in the formal launch so far, added that “exact numbers have not yet been identified” for the independent board director roles. However, she added that they would have “specific skillsets and experience to further develop the governance and values of the scheme”.The scheme will enable UK consumers to exclude themselves via a single website process from all online gambling operators that are licensed by the Gambling Commission.The website will also set out other measures that are available to help people manage their gambling and will signpost specialist advice and support services for those who might benefit from it. Email Address Subscribe to the iGaming newsletterlast_img read more

Government faces FOBT rebellion

first_img More than 70 MPs are calling for changes to be implemented earlier Tags: Mobile Online Gambling OTB and Betting Shops Email Address Finance The UK government could be forced to implement changes on FOBTs six months earlier than planned after more than 70 MPs from both sides of the House of Commons signed amendments to push the measure through. Last month, Chancellor Philip Hammond announced in his Autumn Budget that new regulations on FOBTs, as well as an increased remote gaming duty of 21%, will come into effect from October 2019. The government had already accepted Gambling Commission recommendations to set a new maximum stake of £2 (€2.29/$2.58) on FOBTs, down from £100. However, the Budget plans were met with criticism by a number of MPs and ultimately led to Tracey Crouch resigning from her Ministerial role in protest. Crouch blasted the government for delaying the implementation from April 2019 until next October, despite Prime Minister Theresa May insisting there was no delay. Crouch has now seemingly won support from fellow Conservative MPs as well as others from across the House, with the likes of Boris Johnson, David Davis and Jacob Rees-Mogg all backing the bid. The MPs in question have signed two amendments and these will be put up for debate on November 21. According to the Guardian, as the FOBT stake cut is not actually included in the Budget, the implementation date cannot be changed via an amendment to the Finance Bill. However, the Budget does specifically make reference to raising remote gaming duty from 15% to 21% to make up for lost FOBT tax revenue. The amendment would effectively stop the government from pushing ahead with its plan to increase this duty unless it agrees to lower FOBT takes from April of next year – the date Crouch and others believed that the changes would come into effect. To combat this, the Treasury could move to drop plans to raise gaming duty, but this is unlikely as it would lead to a significant shortfall in tax income due to the FOBT changes already agreed. Should the Government refuse to accept the amendment they risk becoming the first administration to lose a Budget vote since 1978.Image: Stephen Sweeney AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Finance Legal & compliance Tech & innovation Regions: UK & Ireland 13th November 2018 | By contenteditor Subscribe to the iGaming newsletter Government faces FOBT rebellionlast_img read more

Bengtsson to replace Bowcock as William Hill CEO

first_img William Hill chief executive Philip Bowcock is to step down from his role at the end of September, with the company’s chief digital officer Ulrik Bengtsson named as his replacement.Bowcock (pictured) will step down as CEO and from the William Hill board on 30 September, but will remain an employee of the operator until the end of 2019, to assist with the transition to Bengtsson’s leadership. He first joined William Hill from cinema chain Cineworld Group as chief financial officer in November 2015, before stepping up to interim chief executive following the departure of James Henderson. He was then handed the position on a permanent basis in March 2017. His departure is described as part of William Hill’s succession planning, and consistent with its strategy of becoming a digitally-led and internationally diverse business.“I have thoroughly enjoyed my time at William Hill,” Bowcock said. “It has been an intense period with the industry and business experiencing significant structural and regulatory change.“After all the work the team has done, I believe the business is now well placed to take advantage of the opportunities presented in the US market as well as continued growth in digital.”William Hill chairman Roger Devlin added: “I would like to thank Philip for his important contribution to William Hill over the last four years, both as CFO and for three years as CEO. During that time, Philip has built a great team, with real depth and a strong culture and overall the business is in good shape.”Bengtsson becomes chief executive officer designate and a director with immediate effect. He joined William Hill as group chief digital officer in April 2018, and led the integration of MRG Group in the position.He previously spent five years at Betsson, joining as chief executive of its Malta subsidiary, before being named group CEO and president following the departure of Magnus Silfverberg in February 2016. He then left the company in September 2017.“I am delighted to be taking on the CEO role at such an exciting time for William Hill and look forward to working with the team to deliver our strategy,” Bengtsson said.“We have a great opportunity to build William Hill as a digital and international business by driving online growth in the UK and internationally, growing a scale US business, remodelling retail and delivering our Nobody Harmed ambition.”Devlin said the board was pleased to have named Bengtsson as Bowcock’s successor.“Having overseen the group’s digital operations for 18 months, he knows the business well and is ideally suited to lead our next phase of growth,” he explained. “Ulrik has deep understanding in digital and has the international and sector experience we need to deliver on our strategy. His appointment will provide continuity, stability and operational digital leadership as we deliver on the strategy we have set.”The change in leadership at William Hill comes after the bookmaker last month reported a year-on-year increase in revenue for the first half of 2019, but also a decline in adjusted operating profit, primarily due to changes in UK law for fixed-odds betting terminals and the cost of its expansion in the US.Net revenue for the six months through to July 2, 2019 amounted to £811.7m (€899.8m/$993.5m), up 1% on £802.9m last year, as the bookmaker felt the benefit of its acquisition of MRG, which operates the Mr Green brand.However, adjusted profit before interest and tax for the period was down 33% year-on-year from £113.6m to £76.2m. Bengtsson to replace Bowcock as William Hill CEO People 5th September 2019 | By contenteditor William Hill chief executive Philip Bowcock is to step down from his role at the end of September, with the company’s chief digital officer Ulrik Bengtsson named as his replacement. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Tags: Online Gambling OTB and Betting Shops Subscribe to the iGaming newsletter Topics: People Strategy Email Addresslast_img read more

Ampersand webinar: looming review of the UK Gambling Act – what to expect and how to prepare

first_img Ampersand webinar: looming review of the UK Gambling Act – what to expect and how to prepare Subscribe to the iGaming newsletter 30th January 2020 | By Email Address Uncategorized The pressure is mounting on teams created within the UK legislative bodies to finalise the direction and scope of the forthcoming review of the 2005 Gambling Act in the UK.It is clear that major reform is imminent and the key questions include how wide-ranging it will be and what influence the growing health lobby might have on the outcome. It is time the industry built a united front to shape its message to the policy makers with a view to and effecting a sensible policy change, founded on facts and evidence. This webinar will explore the key areas likely to be subject to the review and attempt to come up with a positive vision of UK gambling post-2020.Speakerscenter_img The pressure is mounting on teams within the UK legislative bodies to finalise the direction and scope of the forthcoming review of the 2005 Gambling Act. This webinar looks at what is happening and what might happen next! Join us on Thursday 20th Feb 2020 at 3pm GMT to find out more.  Topics: Uncategorized AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter David Clifton, Director, Clifton Davies Consultancy Limited, Licensing & Gambling Consultants Dan Waugh, Partner, Regulus Partners Andrew Tottenham, Managing Director, Tottenham & Co. and CEO, Gamblewise Brigid Simmonds, Chairman, The Betting and Gaming CouncilThis webinar is brought to you by Ampersand – Clarion Gaming’s think-tank and a platform for knowledge sharing and networking. To find out more about Ampersand and to register for free, go to https://www.clariongaming.com/ampersandlast_img read more

European football leagues expand data partnerships

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Association of European Professional Football Leagues, an organisation that represents over 900 clubs in 32 professional football leagues and associations across the continent, has extended its data partnerships with Genius Sports, Sportradar and Stats Perform. Regions: Europe Subscribe to the iGaming newsletter Topics: Sports betting European football leagues expand data partnershipscenter_img 26th February 2020 | By contenteditor Sports betting The Association of European Professional Football Leagues, an organisation that represents over 900 clubs in 32 professional football leagues and associations across the continent, has extended its data partnerships with Genius Sports, Sportradar and Stats Perform. The multi-league agreements will run for a further three seasons through to 2022, extending the initial cooperation that began in 2017. The non-exclusive deals will cover 16 leagues and associations across Europe, giving each league’s official betting data partners access to in-stadia positions for the live collection of data to then provide to their betting operator customers. Leagues and associations included in the extended deals include the Austrian Bundesliga, Belgium ProLeague, Czech Ligová Fotbalová Asociace, Danish Divisionsforeningen, Finnish Football League Association, Greek Super League, Israeli Professional Football League and the Professional Football League of Kazakhstan. The agreements also cover the Latvian Football Higher League, Dutch Eredivisie, Norwegian Toppfotball, Liga Portugal, Romanian Liga Profesionista de Fotbal, Serbian Super Liga, Swedish Föreningen Elitfotboll and the Swiss Football League. “The European Leagues are uniquely positioned to take advantage of opportunities such as these and we look forward to continuing to support the development of our members in relation to league business development,” European Leagues managing director Jacco Swart said. “I’m delighted that we have not only being able to continue the relationship we have developed with these companies but that the number of leagues participating in this collective commercial project increased significantly which is the best proof that this approach functions.”Genius Sports managing director Steven Burton said the expanded partnership outlined his company’s commitment to ensuring a “fair and transparent” return from betting on their games.“Each of the leagues included in this agreement has control over how their data is collected and distributed, affording vital visibility to safeguard their competitions,” he explained. David Lampitt, managing director sports of partnerships at Sportradar, added: “We view cooperation as key to the integrity, growth and sustainability of global sport, and we look forward to continuing to working together in an open, transparent and collaborative manner for the benefit of the leagues.”Stats Perform’s chief rights officer Alex Rice, meanwhile, hailed the “transparent and progressive approach” taken by the European Leagues, something he said provided value and security for the member leagues and “encourages the collection and distribution of high-quality fast data with the upmost integrity to the betting markets”. Email Addresslast_img read more

WSOP 2020 postponed amid Covid-19 pandemic

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter WSOP 2020 postponed amid Covid-19 pandemic Topics: Casino & games Strategy Poker Casino & games Organisers of the World Series of Poker (WSOP) have announced that the 2020 edition of the tournament will be postponed due to the global outbreak of novel coronavirus (Covid-19).The 51st WSOP had been due to begin with an event at the Rio All-Suite Hotel & Casino in Las Vegas. Nevada, in the US on May 26, but will no longer take place as scheduled.Organisers have said that they hope to begin staging events in the autumn of this year, though the exact dates and events will not be determined until a later date, with several changes expected.When the series does take place, it will include the $10,000 buy-in Main Event championship, billed as the richest prize pool on the poker calendar each year.Read the full story on iGB North America. Tags: Card Rooms and Pokercenter_img Organisers of the World Series of Poker (WSOP) have announced that the 2020 edition of the tournament will be postponed due to the global outbreak of novel coronavirus (Covid-19). 21st April 2020 | By contenteditor Subscribe to the iGaming newsletter Email Addresslast_img read more

872 employees to be laid off by Circus Circus & Tropicana

first_img Email Address Casino & games Two properties on the Las Vegas strip, Circus Circus Hotel & Casino and Tropicana Las Vegas, have notified the Nevada Department of Employment, Training and Rehabilitation of 252 and 620 layoffs respectively, expected to take place between now and October.On 30 June, Phil Ruffin-owned Circus Circus informed the city’s mayor, the Clark County Commission chairperson, and the Employment Security Division of the Nevada Department of Employment, Training and Rehabilitation, that from September 1, 2020, the company will permanently terminate the roles of 252 employees.Meanwhile, the Penn National Gaming-operated Tropicana Las Vegas supplied the Nevada Department of Employment, Training and Rehabilitation with a WARN Act Notice of Layoff on 3 July.Read the full story on iGB North America. Subscribe to the iGaming newsletter Two properties on the Las Vegas strip, Circus Circus Hotel & Casino and Tropicana Las Vegas, have notified the Nevada Department of Employment, Training and Rehabilitation of 252 and 620 layoffs respectively, expected to take place between now and October. Topics: Casino & gamescenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Nevada 23rd July 2020 | By Conor Mulheir 872 employees to be laid off by Circus Circus & Tropicanalast_img read more

Interwetten announced as gold sponsor of Greek Super League

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Super League Greece, the country’s highest level professional football league, has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season. Super League Greece, the country’s highest level professional football league, has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season.The sponsorship represents an evolution of the partnership formed last year, where Interwetten joined the league as its official sports betting partner for the 2019-2020 season.It sees Interwetten become the league’s title sponsor, with its brand integrated into the competition’s trademarks for the duration of the agreement.“We are very pleased that the Super League’s cooperation with Interwetten is now entering a new era, as it is officially the Gold Sponsor of the Super League,” Super League president Leonidas Boutsikaris said.He described Interwetten’s “vote of confidence” in the Super League as a key driver of progress and development of football locally, and indicating that a broader strategy to attract more investment and sponsorship was succeeding.Dominik Beier, representative for Interwetten’s board of directors, described Greece as a very important market for the operator. “So we want to continue to invest in sports here and expand our position,” he said. “The naming rights for the Super League championship is the most important sports deal that exists in Greece.”“The Super League opens up a wealth of opportunities for us, both for communication and action, across the country and throughout the year.” Sports betting Subscribe to the iGaming newsletter Topics: Sports betting Email Address Regions: Europe Southern Europe Greece Interwetten announced as gold sponsor of Greek Super League 4th August 2020 | By Conor Mulheirlast_img read more

i3 Interactive announces Blitzbet launch with Dan Bilzerian

first_imgCasino & games Online gambling platform provider i3 Interactive announced the launch of its new online sports betting and gaming brand, Blitzbet. The dot.eu brand is currently available in a limited number of jurisdictions. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Canada Europe 3rd August 2020 | By Conor Mulheir Tags: Mobile Online Gambling Email Address Online gambling platform provider i3 Interactive announced the launch of its new online sports betting and gaming brand, Blitzbet. The dot.eu brand is currently available in a limited number of jurisdictions.Through a partnership with sportsbook technology supplier Amelco, Blitzbet will offer customers a global suite of sports betting products, with a key focus on North American sports, as well as casino games including Evolution’s live offering.The launch sees social media influencer and so-called “King of Instagram”, Dan Bilzerian, act as the official ambassador for the brand, who will encourage participation among his online following of over 55 million fans.The demographics of Bilzerian’s followers match up to key target audiences for online gaming, consisting principally of males aged 20-40.The company predicts this method of marketing will result in a materially lower cost per acquisition than the industry average, therefore creating a higher return on investment.“The company has been working diligently to launch our Blitzbet.eu product with the restart of the NHL, NBA and MLB,” i3 Interactive chief executive Chris Neville said. “We think there is no better time to launch a sportsbook and online casino product than the present given the current worldwide demand of sports fans.”“We have some of the most experienced C level executives world-wide and they have created a product in my opinion that will create a much better user experience and product offering.”To leverage its relationship with Bilzerian, the brand intends to offer free contests, giving customers the chance to win exclusive experiences with the celebrity.CEO Neville said of the partnership: “Dan’s brand is so strong worldwide as he’s one of the fastest growing celebrities online with over 55 million followers. We are putting the company in a great position to achieve long term success.” Topics: Casino & games Sports betting Subscribe to the iGaming newsletter i3 Interactive announces Blitzbet launch with Dan Bilzerianlast_img read more