Betsson to Cut 160 Staff
Betsson has announced that the company is undertaking a corporate restructuring and streamlining process that will see the company shed over 160 jobs, with 130 of those being in Malta.
The cost saving of the changes is estimated to SEK 50-60 million (€5-6 million) annually.
According to the Times of Malta, the move is at least partly a repudiation of Betsson’s aggressive acquisition strategy under former CEO Ulrik Bengtsson.
“When you buy companies, you acquire platforms, assets and tools but also the people and the culture – which you then need to integrate into Betsson. When you buy a lot of companies, you will see overlaps of roles and duplications. We are now trying to streamline and make it very clear who is responsible for what across the whole organization,” Betsson’s current CEO Jesper Svensson said.
“We will put more focus on organic growth, which will make us stronger,” Svensson added.
2nd Issue of Gaming in Holland Magazine Out Now!
The second issue of our hardcopy Gaming in Holland Magazine – featuring articles on Holland Casino, the Netherlands Gaming Authority, and the current political outlook on the remote gaming bill – came out last week.
If you haven’t yet received your complimentary copy and would like to receive one, please send an email to: firstname.lastname@example.org.
ICE 2018 to Kick Off Next Week; Don’t Miss the GiH Lunch!
Next week, ICE 2018, the foremost gathering of gaming professionals in the world, is set to kick off on February 6 at ExCeL London.
As always, we hope to see you there at our traditional GiH Lunch, which will take place on Wednesday, February 7, starting at noon.
If you are interested in, or connected to Dutch gaming, this event is not to be missed!
There are still a few seats left. If you would like to attend the GiH lunch, please send an email to RSVP@Gaminginholland.com to claim your spot.
We Have a Winner! GiH Gives Away Tickets to Exclusive DJ Hardwell Party @ICE 2018
As promised, GiH has given away two free tickets to the exclusive, invite-only launch party of StakeLogic’s/NOVOMATIC Interactive’s DJ-themed online slot “Hardwell.” The lucky winner of the two tickets has been notified.
DJ Hardwell, born in Breda as Robbert van de Corput, has built an outstanding reputation as a DJ, remixer, producer and record label owner and was voted the world’s no. 1 DJ in 2013 and 2014.
In addition to showcasing his talents at the exclusive launch party, Hardwell has also agreed to make a public appearance on February 7 on the interactive area of the NOVOMATIC Stand S5/S6 at ICE Totally Gaming 2018 in London.
The following upcoming events may be of interest to members of the GiH community.
- On February 21, Dutch trade association VAN Kansspelen, in cooperation with the Netherlands Gaming Authority, will hold a meeting to discuss the Public Administration (Probity Screening) Act (Wet Bibob), with a particular focus on the Act’s impact on license applications from (prospective) land-based slot machine operators.
- The GamblingCompliance Global Regulatory Awards 2018, celebrating excellence in the field of regulatory compliance and responsible gambling, will be hosted at The Sheraton Grand Hotel, London – 18 April 2018.
- It’s Better Live! Join us for the 2nd Annual Live Gaming Summit in Barcelona, which is bringing together providers, operators, experts, and other stakeholders to discuss the latest developments in the live gaming industry on 26 April, 2018 at Casino Barcelona. Check out the event’s website for more details, or contact Willem van Oort at email@example.com
- In 2018, the iGaming Super Show, EiG and Amsterdam Affiliate Conference come together as iGB Live!, a consolidated three brand event. The first edition of iGB Live! will take place 17 – 20 July 2018 at The Amsterdam RAI.
- The 12th EASG Conference on Gambling Studies and Policy Issues is now scheduled for 11-14 September 2018 at the Grand Hotel Excelsior, Valletta, Malta.
UK Gambling Commission Proposes Stricter Advertising Rules, Warns of “Declining Trust”
The UK Gambling Commission (UKGC) has opened a public consultation on proposed changes to regulations relating to marketing and advertising, unfair terms, and complaints and disputes.
“We are proposing these changes because of the risk of consumer harm, concern about lack of compliance with consumer protection legislation, declining public trust in gambling and concerns about advertising,” Sarah Gardner, Commission Executive Director said.
According to the UKGC’s proposals, UK gambling operators could face stiff financial penalties for breaching advertising rules.
These latest proposals are indicative of an increasingly harsh regulatory environment in the UK.
GVC Capital to Consider Public Listing for Sky Bet
Sky Bet’s majority owner CVC has hired investment bank Rothschild to examine a stock market listing of the British firm, Reuters reported yesterday. The firm could be valued at between £2.5bn and £3bn.
An expected clampdown on gambling machines in British betting shops could make Sky Bet, which is online-only, relatively more attractive to investors, according to Reuters.
Sky Bet was valued at around £800m when CVC bought its majority stake in 2014.
The weekly broadcast of the draw of Dutch lottery De Lotto is staged, the operator confirmed.
Well-known slot marketeer and edutainer Lucien Wijsman discusses how technology is set to change the ways in which the gaming and betting industry functions.
The Netherlands Gaming Authority is currently advertising several job openings.
Svenska Spel CEO Lennart Käll has announced his resignation ahead of the forthcoming Swedish market liberalization.
Hungary’s state-owned gambling monopoly is increasingly reliant on sports betting and online channels for the bulk of its revenue.
Portugal’s gambling regulator is seeking stakeholder input on how to fix its online gambling market.
Portugal could join the shared poker liquidity pool that has been established between France and Spain in Q2.
The Greek government has hit GVC Holdings with a €187m back-tax demand.
The investment funds which drive growth in the gaming industry are showing increasing willingness to fund grey market activity, as the belief that regulated markets offer a safer environment for investment has been challenged on multiple fronts.
Online operator 888 will no longer accept new UK players from its affiliates.
Future operators of the UK National Lottery could be handed a shorter license and face increased regulation of scratchcards.
LeoVegas AB has applied for admission to trading of LeoVegas’ shares on Nasdaq Stockholm.
B2B supplier Aspire Global has launched its sports betting solution “Sportsbook” well ahead of the upcoming World Cup in Russia in June.
Nordic online gambling operator Cherry AB’s affiliate marketing subsidiary Game Lounge has acquired online bet monitoring site Slottracker.com.
Online bingo operator Tombola has announced a 24% rise in full-year turnover for the twelve months ended 30 April 2017, driven by the launch of its arcade product and market share growth across the UK and Europe.
The Rugby Football Union (RFU) has teamed up with international sports betting integrity body ESSA (Sports Betting Integrity) to protect rugby in England from potential match manipulation and sports betting breaches.
CashBet Coin will serve as FC Arsenal’s exclusive and official blockchain partner, establishing the club as the first major team in world football to officially partner with a cryptocurrency.
Americans will wager more than $4.6 billion illegally on this year’s Super Bowl, the American Gaming Association estimates.
Wynn Resorts stock plunged more than 10 percent Friday after The Wall Street Journal reported allegations that billionaire CEO Steve Wynn engaged in sexual misconduct over many years.
Gaming technology supplier Pariplay Ltd. and Atari have announced the launch of the real-money online slot Pong, based on the iconic Atari Interactive arcade game.