Spanish trade body takes aim at ‘unjustified’ ad crackdown

first_imgMarketing & affiliates Tags: Online Gambling Spanish trade body takes aim at ‘unjustified’ ad crackdown Regions: Europe Southern Europe Spain Topics: Marketing & affiliates Sports betting Spain’s leading gaming trade group has described plans to clamp down on advertising as “unjustified” after citing low levels of problem gambling in the country.Speaking to iGamingBusiness.com, CeJuego’s director general Alejandro Landaluce said the Government’s proposed changes reported last week “reflect a lack of knowledge about the sector”.Under the Budget presented last week, the Government outlined plans to introduce restrictions similar to those placed on tobacco. In 2005, Spain introduced regulations that prohibit the sponsorship of tobacco products, as well as all kinds of advertising and promotion in the media, with a handful of exceptions.The Budget claims such measures are necessary because sports broadcasts are “flooded with ads that offer live betting,” which is “generating serious addiction problems.” Statistics from the DGOJ regulator show that gambling firms’ marketing spend in H1 2018 grew by more than 50% year-on-year to around €80m.However, Landaluce – whose group represents the likes of Cirsa, Codere and R. Franco – said Spain is “one of the countries with the lowest rate of problem gambling in the world”, with a rate of just 0.3%. He added that some 18% of young Spaniards are addicted to the internet while 7% of the adult population is “addicted to compulsive shopping”.He said: “We believe that there is an unjustified social alarm and it is putting the sector in a position that it does not belong. Seventy-five per cent of the population in Spain says playing and the vast majority (96.5%), according to the latest official study of the DGOJ, enjoy naturally, without any difficulty.“We ask that opinions and decisions made on the sector are based on facts, figures and data, avoiding the use of stereotypes that offer the public a distorted and unrealistic image of the sector.“From CeJuego, we will continue with the work we have developed since we started our journey five years ago. We are at the disposal of the authorities, political parties and social representatives to explain the reality of Spain’s gambling sector.”Landaluce said it is not yet possible to know what effect any clampdown could have on the industry in Spain, but he highlighted its importance. He said gambling contributes 2.3% of gross domestic product and generates more than 120,000 direct and indirect jobs, contributing an annual average of €1bn to public coffers.He said any changes must be imposed on both the public and private sector.“We believe in a regulated leisure, rather than prohibition,” he told iGamingBusiness.com. “In this regard, we consider it important that there is a regulation that incorporates clear boundaries and is the same for all industry players, whether public or private.“We would like to stress the importance that regulators know, in depth, the reality of this sector. We are proud that we all work, collaborate and enjoy it, offering society a leisure activity that is controlled, legal and legitimate.”In July, Italy introduced a blanket ban on all forms of gambling advertising, much to the dismay of various industry groups such as the European Gaming and Betting Association. The rules are due to come into effect from January 1.LeoVegas has also hit out at the plans, with Niklas Lindahl, country manager for the company in Italy, recently telling iGamingBusiness.com that the new system is “completely wrong”.However, GVC recently announced its support for a reduction in betting advertising, with chief executive Kenneth Alexander saying the company has a “commitment to take tangible action to understand and reduce the impact of problem gambling”. 22nd October 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Address CeJuego chief says low problem gambling rates show new proposals are unnecessarylast_img read more

Stoiximan launches Betano in Portugal

first_img Tags: Online Gambling Casino & games Stoiximan launches Betano in Portugal 13th May 2019 | By contenteditor Email Address Stoiximan Group has extended the reach of its Betano brand by rolling out the online gambling service in Portugal.The Betano.pt site will feature a sportsbook with live betting and streaming, as well as an extensive casino portfolio.Betano is also currently active in Germany, Austria and Romania, while the group operates in Cyprus and Greece under its Stoiximan brand.“Our product has been specifically positioned to bring innovative features for the Portuguese market such as Μissions, Bet Mentor for the multiple bets fans, as well as an extensive live streaming offering, exclusively for our customers,” Betano’s country manager in Portugal, Ricardo Branquinho, said.Stoiximan CEO, George Daskalakis, added: “Staying committed to our user-centred philosophy across our international launches, we intend to commit ourselves to steadily focus on our customers’ needs and keep rolling out continuous product improvements to keep making their experience better and even more exciting.”Earlier this year, Greek gaming operator OPAP Group agreed a deal to acquire a 51% stake in Stoiximan’s Greek and Cypriot operations for a total consideration of €94.86m (£81.9m/$106.7m).OPAP’s OPAP Invest arm acquired the stake from GML Interactive, a subsidiary of Stoiximan parent company TCB Holdings, and gained joint control of the business alongside two of TCB’s existing shareholders.It followed OPAP’s acquisition of a 36.75% stake in Stoiximan, announced in September 2018, for a total consideration of €50m. Subscribe to the iGaming newsletter Topics: Casino & games Sports betting Tech & innovation Stoiximan Group has extended the reach of its Betano brand by rolling out the online gambling service in Portugal. The new Betano.pt website will feature a sportsbook with live betting and a casino offering. Regions: Europe Western Europe Portugal AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Cambodian premier orders end to igaming

first_img Topics: Legal & compliance Subscribe to the iGaming newsletter Email Address Cambodian premier orders end to igaming Tags: Mobile Online Gambling Cambodia’s Prime Minister has ordered the shutdown of the country’s emerging online gaming industry, just weeks after putting a halt to the issuing of igaming licences.At a 31 August meeting of the country’s Council of Ministers, the executive body of the country’s legislature, Prime Minister Hun Sen called for an end to online gambling in the country.According to a Council statement on the meeting, translated by the Khmer Times, none of the online licences issued will be renewed when they expire at the end of 2019.“All kinds of online and arcade gambling in the Kingdom are illegal and all these businesses will be banned by the end of 2019,” it said.“Samdech Prime Minister said that Cambodia needed to develop the country based on natural and cultural heritage tourisms, but not based on income from online gambling.”It follows the decision to stop issuing new licences in August, which itself was in response to allegations that a significant number of unlicensed operators were active in the country, targeting local and foreign players.These companies, the government claims, are cheating and extorting money from players, affecting Cambodia’s social order. Local media estimates that more than 150 licences have been awarded in the country to date.Cambodia’s crackdown comes as China ramps up pressure on southeast Asian nations to ban online gambling, amid claims that offshore operators are harming its citizens.This has also prompted the Philippine Amusement and Gaming Corporation (PAGCOR) to put a halt to the issuing of igaming licences at least until the end of 2019.However, it appears that China’s calls for the Philippines to ban online gambling may not be heeded.The country’s ambassador to China, Jose Santiago ‘Chito’ Sta. Romana, said that any decision on whether to shut down Philippines Offshore Gaming Operators (POGOs) lay with President Rodrigo Duterte, and not Beijing. Legal & compliance Regions: Asia China Cambodia Philippines AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 3rd September 2019 | By contenteditor Cambodia’s Prime Minister has ordered the shut down of the country’s emerging online gaming industry, just weeks after putting a halt to the issuing of igaming licences.last_img read more

Former Ainsworth CEO Gladstone appointed company chairman

first_img Regions: Oceania Australia Tags: Slot Machines Former Ainsworth CEO Gladstone appointed company chairman 27th September 2019 | By Daniel O’Boyle Former Ainsworth Game Technology chief executive Danny Gladstone has been appointed as the new chairman of the board at the Australian gaming machines and content provider, while current chairman Graeme Campbell will step down on 26 September, the company announced. Former Ainsworth Game Technology chief executive Danny Gladstone has been appointed as the new chairman of the board at the Australian gaming machines and content provider, while current chairman Graeme Campbell will step down on 26 September, the company announced.Gladstone became chief executive at Ainsworth in 2007 and stepped down in June, but continues to serve on the board as a non-executive director. Ainsworth chief executive Lawrence Levy said Gladstone’s experience should be a major boost to the company.“We are pleased to welcome Danny to his new position as Chairman of Ainsworth Game Technology following the AGM,” Levy said. “This appointment provides us with a greater ability to utilise Danny’s vast industry experience and strong customer relationships. I look forward to working closely with him to drive future growth and profitability.The moves come amid financial difficulties for Ainsworth, after the company announced a 66% decline in annual profit in August, three months after issuing a profit warning. The company said the struggles were mostly due to a 43% decline in sales in Australia.Campbell will continue to serve as a non-executive director after he steps down, as well as the newly-recreated role of lead independent director.“We are also reinstating the role of lead independent Director. This recognizes the importance of governance and independence in ensuring the Board operates effectively,” Levy said. “Graeme will provide leadership to the independent directors and advise the Board on matters where there may be an actual or perceived conflict of interest.“We appreciate Graeme’s much-valued contribution to Ainsworth and we look forward to working with him in this role.” Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter Topics: Casino & games People Slotslast_img read more

Ukraine’s president backs gambling at hotels

first_imgCasino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 14th October 2019 | By Daniel O’Boyle Ukraine’s president, Volodymyr Zelensky, has expressed his support for the introduction of gambling at licenced five-star hotels.Speaking at a press conference, Zelensky publicly threw his weight behind a bill approved by cabinet ministers last month (30 September), which would permit gambling “exclusively on the territory of hotels, with use of gambling equipment with software that meets international standards.” Zelensky said the bill would be the “first stage” of legalised gambling in Ukraine, suggesting that further regulation of the market may follow.The Ukrainian president echoed Prime Minister Alexei Goncharuk’s sentiment that the bill should help curtail the presence of illegal slot machines on the streets, stating that the bill could limit the amount of problem gambling in the country.“We will reduce the number of people gambling away the last of their money,” the president said. “These are mostly ordinary people.”The president also provided further detail about the conditions needed for a licence, stating that hotels in Kiev applying for a gambling licence will need at least 200 rooms, while hotels elsewhere will need at least 150.Zelensky said he hoped the provision would convince hotel companies to invest in the country.“We have five star hotels on the market, but they are very small,” Zelensky said. “There is no way to build a casino yet. We need to test how people will fight for these licences. We want hotels to be built.”Zelensky added that he hoped all the money from casino licences, which he said would be “very expensive,” will go towards education and recreation.“We need to build playgrounds and swimming pools in schools this year. Let’s give all this money for a licence to sports,” Zelensky said.On 3 September, Zelensky called for legislation to legalise gambling in the country in a meeting with party leaders following July’s parliamentary election.All gambling except state-run lotteries became illegal in Ukraine in 2009, after nine people were killed in a fire at a slots parlour in Dnipropetrovsk in the east of the nation, but the country has looked to reintroduce legal gambling since 2015, when a new bill to legalise and regulate gambling activities across the country was introduced.The country’s government had previously pledged in April 2017 to legalise gambling by 2018. Ukraine’s president backs gambling at hotelscenter_img Topics: Casino & games Legal & compliance Subscribe to the iGaming newsletter Email Addresslast_img read more

GambleAware hits £10m funding target in 2019/20

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Ireland GambleAware hits £10m funding target in 2019/20 21st April 2020 | By Daniel O’Boyle Subscribe to the iGaming newsletter Legal & compliancecenter_img Email Address UK gambling industry charity GambleAware has announced its list of donors for the year ending 31 March 2020, with GVC’s £1.46m donation again leading the way. UK gambling industry charity GambleAware has announced its list of donors for the year ending 31 March 2020, with GVC’s £1.46m donation again leading the way.In total, 956 entities – mostly from gambling businesses – made voluntary donations, worth a combined £10.1m, just exceeding the charity’s target of £10m, after failing to reach the target last year.Ladbrokes Coral operator GVC was one of three operators to donate at least £1m, with Paddy Power Betfair operator Flutter Entertainment and WIlliam Hill donating exactly £1m each.Bet365 followed with a donation of £865,000. Sky Betting and Gaming donated £705,000, with parent company the Stars Group adding a further £125,000.Gamesys donated £426,000, Betway £153,500 and Genisis Global £145,000.Among suppliers, Playtech was the largest donor with £150,000, and SG Gaming’s The Global Draw brand donated £85,714.GambleAware asks all businesses who profit from gambling in the UK to donate at least 0.1% of gross gambling yield, or if their gross gambling yield is less than £250,000, then to donate at least £250.The charity also received £1.4m through three regulatory settlements agreed by operators and the Gambling Commission during the year.The largest of these settlements was with Gamesys, for £690,000 after it was found to have failed to prevent gambling harm and breached UK money laundering regulations.LeoVegas, meanwhile, paid a £600,000 settlement over failings related to misleading advertising and the handling of customers in 2018. Playtech also paid a £155,000 settlement.Industry body the Betting and Gaming Council said it was happy to see its members donating funds to support safer gambling.“We are pleased that our members have stepped up their funding of GambleAware along with a range of other charities to increase the help and support available to those at risk,” the BGC said.The BGC added that it would step up its commitment research, education and treatment towards safer gambling in the future.“Our largest members have gone further and committed up to an additional £100m to research, education and treatment over the next four years, increasing donations from 0.1% of profit to 1% of profit,” it continued.“With a continued focus on advertising, it is good to see £3.8m raised from the industry for the Bet Regret campaign which amplifies safer gambling messages and also has the support of major media partners. This work and funding will continue in 2020/21.”“Through continued funding by our industry over more than 20 years charitable services are able to provide free of charge treatment, support & advice services for anyone affected by gambling.” Topics: Legal & compliance Strategylast_img read more

Scientific Games signs regional lottery deal in Germany

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter 14th May 2020 | By contenteditor Regions: Europe Central and Eastern Europe Germany Topics: Lottery Scientific Games expanded its partnership with German state lottery Lotto Thüringen, to provide instant win titles from 2021. Scientific Games signs regional lottery deal in Germany Tags: Online Gambling Scientific Games expanded its partnership with German state lottery Lotto Thüringen, to provide instant win titles from 2021.Scientific Games has worked with Lotto Thüringen for more than two decades and currently serves all 16 state lotteries in Germany.The three-year contract, covering digital instant win titles, comes with a one-year extension option. “This is one of the few lottery markets in Germany that continues to grow; our growth is largely driven by instant products, therefore, we plan to further develop our portfolio of instant games sold at retail as well as offer our players digital instant games to enjoy at home and via mobile,” Lotto Thüringen chief executive Jochen Staschewski said.John Schulz, senior vice president of instant products at Scientific Games, added: “We have offered Lotto Thüringen instant game products with value adds that have proven ability to responsibly increase revenue for our lottery customers around the world.“The potential of instant games, sold both at retail and online/mobile, is not fully realised in Europe however they are the biggest and most successful lottery product category in the US and still growing.”Last month, Scientific Games also signed a four-year extension to its technology contract with long-term partner Staatliche Lotterieverwaltung (Lotto Bayern), the state lottery of the German state of Bavaria.Scientific Games this week revealed a 13.0% decline in revenue to $725m in the first quarter, while losses increased to $159m as the novel coronavirus (Covid-19) hit the business in terms of lower revenue and higher impairment costs. Lotterylast_img read more

Vie.gg appoints new head of marketing and esports

first_img Topics: Esports Marketing & affiliates People Sports betting Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Vie.gg appoints new head of marketing and esports 2nd June 2020 | By Daniel O’Boyle Esportscenter_img Esports Entertainment Group has appointed Magnus Leppaniemi as vice president of marketing and head of esports at its flagship esports betting brand Vie.gg.Leppaniemi most recently worked as global sales director for esports-focused influencer marketing agency WeHype. He has also served as North America sales director for esports tournament organiser DreamHack and publisher relations manager for game distributor Ztorm.He has worked with brands such as Intel, BenQ Zowie, Electronic Arts, Activision, ESL and the National Basketball Association in his career to date.“I’m very excited to join the Esports Entertainment team,” Leppaniemi said. “As the first online betting company to list on Nasdaq, the company has a great pedigree that we can continue to build on.“We want to build trust with the players, fans, teams, publishers, and the community and give them a unique esports experience. Esports betting is here to stay, and we want to build the premier platform in the industry that benefits the gaming and esports communities.“I look forward to accelerating our marketing efforts, refining our go-to-market models, and building out our esports initiatives.”Grant Johnson, chief executive of Esports Entertainment Group, said Leppaniemi brought “invaluable” knowledge of the gaming and esports industries to the business.“Over more than two decades in gaming, Magnus has built an extensive network of relationships that could provide tremendous value as we execute on our global growth strategy,” Johnson said.Esports Entertainment Group has taken a number of measures to expand in the past month, starting with a deal to acquire LHE Enterprises, parent company of betting and gaming operator Argyll Entertainment.In May, the operator signed a binding letter of intent to acquire LHE Enterprises. While terms of the deal have not yet been disclosed, Johnson noted that with Argyll generating annual revenue of around $12.0m (£9.7m/€11.1m), the acquisition would have “a major positive impact” on the business.Later that month the operator then secured a gaming service licence from the Malta Gaming Authority (MGA). The licence will run for 10 years and allow Esports Entertainment to offer online pool betting to players.On 27 May, the group also formed a new US-facing subsidiary, GMBL New Jersey. Esports Entertainment said the new subsidiary will make its first application for a betting license in the state in the “near future” and will provide updates for each of its license applications as they are submitted.Alongside the announcement of the American subsidiary, the group said it received an additional $1.9m in funding from a public offering of securities. This followed the raising of $885,762 earlier in the month for total fundraising of $2.8m. Tags: Online Gambling Subscribe to the iGaming newsletter Esports Entertainment Group has appointed Magnus Leppaniemi as vice president of marketing and head of esports at its flagship esports betting brand Vie.gg.last_img read more

i3 Interactive makes senior hires to support Blitzbet launch

first_img Online gambling platform developer i3 Interactive has appointed Andrew Lee and Ian Marmion to its management team to support the launch of its new Blitzbet sportsbook brand.Lee will take on the role of managing director at Blitzbet, while Marmion has been appointed as trading director for the brand.In his new role, Lee will assume responsibility for the performance, growth and strategic direction of i3’s sports betting business and casino products, including the launch of BlitzBet.Lee has been involved in the online gambling industry since 2000, having had spells as managing director at William Hill Online and managing director of sportsbook for The Stars Group.“The company’s approach of partnering with a social media celebrity with over 50 million followers is refreshingly unique and a powerful proposition,” Lee said. “They have built a great team already and I look forward to being part of this compelling opportunity.”Marmion joins i3 having most recently served as trading director for The Stars Group’s sportsbook. He previously had spells as managing director and trading director at Victor Chandler, and also managed VIP trading at Bet365.Speaking about his new role, Marmion said: “I’m delighted to team up with Andy again on such an exciting project. Being involved from the beginning gives us the chance to develop the business we want to develop and I look forward to helping i3 and BlitzBet make its mark in the industry.”i3 chief executive Chris Neville added: “Andy and Ian are top level executives in the online gaming world with proven track records of success with some of the largest operators in the gambling industry.” i3 Interactive makes senior hires to support Blitzbet launch Email Address Subscribe to the iGaming newsletter 8th July 2020 | By contenteditor People Topics: People Sports betting Strategy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online gambling platform developer i3 Interactive has appointed Andrew Lee and Ian Marmion to its management team to support the launch of its new Blitzbet sportsbook brand.last_img read more

Covid-19: FY expectations downgraded to $356.9bn

first_imgBingo 23rd July 2020 | By Stephen Carter Covid-19: FY expectations downgraded to $356.9bn H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.iGB’s principal data partner now expects global gambling gross win to come in -24.6% below its pre-pandemic forecast and -21% behind the 2019 figure (see interactive Charts 2 and 7 below).The data specialist said the trends to date served to strengthen its view that the online channel was going to play a more important role for the gambling sector in the post-Covid environment.“H2 expects online to claw back c$34bn-$36bn (7-8% upside on our pre-Covid 19 expectations) of the c$290bn-$300bn (9-10%) hole left by fall in land-based activity in the coming six years”, it said in its commentaryFurther, it said it expected global online gambling to grow by 300% (9.6% CAGR) over the 15 years from 2010-2025 compared to 50% for all gambling and only 30% for land-based. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Africa Asia Europe LATAM US North Africa & Middle East Topics: Casino & games Finance Lottery Sports betting Bingo Slots Table games Horse racing H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week. Tags: Online Gambling Race Track and Racino Slot Machines Email Address Subscribe to the iGaming newsletterlast_img read more