Post Tagged with: "playtech"

GiH News Roundup: Sweden issues first licenses; UK Gambling Commission fines operators

GiH News Roundup: Sweden issues first licenses; UK Gambling Commission fines operators

Sweden has issued its first 16 licenses for the re-regulated market that is to launch on January 1. State-owned Svenska Spel and ATG are both on the list, as are international giants Bet365 and Bwin, and Swedish operators Unibet, LeoVegas and Betsson.

GiH News Roundup: Ireland to review betting tax increase; Playtech founder sells off remaining stake; Codere faces bleak outlook

GiH News Roundup: Ireland to review betting tax increase; Playtech founder sells off remaining stake; Codere faces bleak outlook

Irish Finance Minister Paschal Donohoe has confirmed a decision to review plans to double the country’s betting tax, after warnings from Irish Bookmakers Association (IBA) that the move would lead to significant job losses.

GiH News Roundup: ZEAL announces takeover bid for Lotto24; Playtech official doesn’t expect Dutch market regulation in foreseeable future

GiH News Roundup: ZEAL announces takeover bid for Lotto24; Playtech official doesn’t expect Dutch market regulation in foreseeable future

Lottery innovator ZEAL Network SE, owner of Dutch charity lottery Raffld, today announced an all-share voluntary takeover offer for Germany’s largest private digital lottery broker, Lotto24 AG.

GiH News Roundup: outgoing Netherlands Gaming Authority chairman: failure to regulate remote gaming an “embarrassment”

GiH News Roundup: outgoing Netherlands Gaming Authority chairman: failure to regulate remote gaming an “embarrassment”

Jan Suyver, outgoing chairman of the Netherlands Gaming Authority, has called the failure to regulate remote gaming in the country “an embarrassment.”

GiH News Roundup: Playtech sells Plus500 stake; UK Gambling Commission repeats warning to operators regarding advertising rules

GiH News Roundup: Playtech sells Plus500 stake; UK Gambling Commission repeats warning to operators regarding advertising rules

Playtech has sold its stake in online trading platform Plus500 for ca. $227.5m.

GiH News Roundup: ZEAL COO to step down; Playtech investor could press for sale of the company; Kindred agrees deal with Scientific Games

GiH News Roundup: ZEAL COO to step down; Playtech investor could press for sale of the company; Kindred agrees deal with Scientific Games

Lottery innovator ZEAL announced that Susan Standiford, who oversaw launches into both Norway and the Netherlands, will step down from her position of Chief Operating Officer.

GiH News Roundup: Netherlands Gaming Authority appoints new chair and publishes decision to fine Betsson

GiH News Roundup: Netherlands Gaming Authority appoints new chair and publishes decision to fine Betsson

The Netherlands Gaming Authority announced the appointment, as of October 1, of René Jansen as the regulator’s new chairman of the board.

GiH News Roundup: Netherlands Gaming Authority hits Betsson with €300k fine

GiH News Roundup: Netherlands Gaming Authority hits Betsson with €300k fine

The Netherlands Gaming Authority has hit Betsson’s Netherlands-facing subsidiary Corona, operator of the Oranje and Kroon online casino brands, with a €300,000 fine for offering online gaming to customers in the country without a license. Betsson is reportedly locked in internal deliberations and assessments, as the group judges whether to appeal the decision. As a consequence of the Dutch government’s[Read More…]

GiH News Roundup: Playtech eyeing Dutch market as Asian profits slump; Sportech reports flat interim results

GiH News Roundup: Playtech eyeing Dutch market as Asian profits slump; Sportech reports flat interim results

Due to “disappointing” market conditions in Asia, Playtech’s adjusted H1 net profit on a constant currency basis slumped by 38% to €83.3m, down from €125.5m during the same period in the previous year. Playtech CEO Mor Weizer: Playtech has identified key markets in Europe and Latin America which have the potential to increase their online penetration of gaming revenue […][Read More…]

GiH News Roundup: Netherlands Gaming Authority CEO Marja Appelman steps down; Gaming Authority hits operator bet-at-home with €410,000 fine

GiH News Roundup: Netherlands Gaming Authority CEO Marja Appelman steps down; Gaming Authority hits operator bet-at-home with €410,000 fine

Netherlands Gaming Authority CEO Marja Appelman will step down from her position as of August 1, 2018. The Board of Directors of the Gaming Authority will henceforth take over the duties of the CEO. In her farewell interview, Appelman once more stresses the need for a quick enactment of the Remote Gaming Bill. The Netherlands Gaming Authority has fined online[Read More…]