Post Tagged with: "ladbrokes"

GiH News Roundup: Holland Casino Groningen opens temporary venue; William Hill to appeal KSA fine

GiH News Roundup: Holland Casino Groningen opens temporary venue; William Hill to appeal KSA fine

Holland Casino Groningen, which suffered a devastating fire in 2017, will today open its temporary replacement venue.

GiH News Roundup: Swedish monopolists losing market share to international operators; UKGC chief urges operators to be more responsible

GiH News Roundup: Swedish monopolists losing market share to international operators; UKGC chief urges operators to be more responsible

Sweden’s gambling market posted modest growth in the first nine months of 2018 as locally licensed operators continued to lose market share to international operators.

GiH News Roundup: Belgian Gambling Commission sanctions Ladbrokes; UKGC to conduct new research on gambling-related harm

GiH News Roundup: Belgian Gambling Commission sanctions Ladbrokes; UKGC to conduct new research on gambling-related harm

The Belgian Gambling Commission sanctioned Ladbrokes by ordering the firm to close all its local betting offices for one day, as the operator was caught offering unlicensed virtual sports betting products to its Belgian customers. The Italian parliament has given final approval to outlaw gambling advertising. Italy’s gambling regulator AAMS has a new head after Benedetto Mineo was appointed to[Read More…]

GiH News Roundup: Belgian court upholds VAT exemption for online gambling; ESMA prohibits sale of binary options to retail customers

GiH News Roundup: Belgian court upholds VAT exemption for online gambling; ESMA prohibits sale of binary options to retail customers

Following a challenge from Kindred Group, Belgium’s Constitutional Court has struck down a bill that placed a heavy value-added tax (VAT) load on the shoulders of gambling operators in the country. Despite government opposition, Slovenia has moved closer to online sports betting liberalization. The European Securities and Market Authority (ESMA) has agreed on measures on the provision of contracts for[Read More…]

GiH News Roundup: GVC CEO promises that Ladbrokes deal will deliver for shareholders; Arsenal to partner with cryptocurrency

GiH News Roundup: GVC CEO promises that Ladbrokes deal will deliver for shareholders; Arsenal to partner with cryptocurrency

The weekly broadcast of the draw of Dutch lottery De Lotto is staged, the operator confirmed. GVC Holdings’ multi-billion pound deal for Ladbrokes Coral will deliver similar shareholder returns to previous acquisitions and avoid the type of product development slowdowns that have hurt other major mergers, according to CEO Kenny Alexander. Hungary’s state-owned gambling monopoly is increasingly reliant on sports[Read More…]

GiH News Roundup: Netherlands Gaming Authority unable to take action against ancient lottery; EGBA challenges Norwegian payment blocking

GiH News Roundup: Netherlands Gaming Authority unable to take action against ancient lottery; EGBA challenges Norwegian payment blocking

A Dutch lottery, Lotisico, which has been founded in 1902 as an insurance company, has been failing to meet its obligations. The Netherlands Gaming Authority, however, is unable to take action as the regulator’s mandate does not cover lotteries that were founded before 1905. Actor Leonardo DiCaprio will be a speaker at the “Goed Geld Gala” of the Nationale Postcode[Read More…]

GiH News Roundup: Las Vegas rocked by mass shooting; Svenska Spel to launch online casino; ESSA sports integrity projects receive EU funding

GiH News Roundup: Las Vegas rocked by mass shooting; Svenska Spel to launch online casino; ESSA sports integrity projects receive EU funding

Las Vegas has been rocked by a mass hooting, just hours ahead of the opening of the G2E Conference, Swedish state-owned operator Svenska Spel is preparing the launch of an online casino as soon as new regulation comes into force in January 2019. The operator is anticipating huge growth once an open market is officially introduced in the country. International[Read More…]

GiH News Roundup: Holland Casino records 2% increase in H1 revenues; Australia’s illegal gambling market worth up to A$1bn

GiH News Roundup: Holland Casino records 2% increase in H1 revenues; Australia’s illegal gambling market worth up to A$1bn

Holland Casino’s H1 revenue grew to €309 million, an increase of 2% compared to the same period in the previous year, the company announced earlier today. Growth was achieved by higher average spending per visit (+ 6%), even as the number of visitors declined slightly (-3%). Following calls from the Labour Party to ban betting shirt sponsors, UK betting firms[Read More…]

GiH News Roundup: data-driven sports betting as an asset class; UK gambling advertising could contribute to “possible public health crisis”

GiH News Roundup: data-driven sports betting as an asset class; UK gambling advertising could contribute to “possible public health crisis”

The Belgian Gaming Commission possesses insufficient resources to execute its tasks, a leaked internal document reveals. Two hedge funds argue that techniques imported from the investment world can help turn sports betting into an alternative asset class. The UK gambling industry has spent GBP 1.4 billion on advertising since 2012, with online casinos doubling their marketing budgets over the past[Read More…]

GiH News Roundup: Malta to roll out blockchain regulation in 2018; Ladbrokes vulnerable to FOBT reform

GiH News Roundup: Malta to roll out blockchain regulation in 2018; Ladbrokes vulnerable to FOBT reform

Holland Casino is looking to hire a financial accountant. The Malta Gaming Authority is aiming to roll out a regulatory framework for blockchain technology by Q1 2018. Caesars Entertainment is expected to exit from bankruptcy in Q3 and could even be ready for a few modest acquisitions – perhaps including Holland Casino. Ladbrokes shares came under pressure after Credit Suisse[Read More…]