Daniel Macadam - Europe Editor


GamblingCompliance

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Battle Of The Brands As William Hill Takes Sportingbet In Spain 05 Sep, 2013

William Hill faces a tough task to win market share from bet365 and Bwin.Party in Spain after the bookmaker opted to absorb Sportingbet’s Spanish business, but drop the well-known Miapuesta brand, according to experts.

Novomatic’s UK, Italian Acquisitions Boost Sales But Dent Profits 03 Sep, 2013

Novomatic’s buying spree in the UK and Italy swelled revenues to €818m in the first half of 2013 but also contributed to a 40 percent plunge in net income.

At the Brink, Codere Battles To Avoid Bankruptcy 27 Aug, 2013

Spanish gaming firm Codere has less than three weeks left to strike a deal with bondholders as it seeks to avoid bankruptcy and the loss of key Mexican and Italian gaming licences.

Betting Tie-Ups Become A Football Fixture 23 Aug, 2013

The rush of deals as transfer deadline approaches was matched in the football and betting sponsorship arena as both Paddy Power and SBOBet inked further tie-ups for the new English Premiership season.

Greek Officials Have ‘Underperformed’ On VLTs, Online Gambling 22 Aug, 2013

Greece’s government and gambling regulator have failed OPAP by taking so long to clarify rules for video lottery terminals (VLTs) and online gambling, according to a former Greek privatisation secretary.

UK Treasury’s £300m Tax Plans Leave Operators With Tough Battle 16 Aug, 2013

Operators face an “uphill battle” to persuade Chancellor George Osborne to lower his planned 15 percent levy on online gambling after the government released proposals to raise £300m in tax from the industry.

In Hot Weather Rank Snaps Up Cold Casino Licences 16 Aug, 2013

Rank Group has moved to tighten its grip on the UK casino market after its London casinos and newly-acquired Gala estate helped it beat analyst expectations for full-year profits.

German Tax, Uncertainty Squeezes Mybet Earnings 15 Aug, 2013

Germany’s Mybet is slashing costs and tearing up its forecast of any positive earnings this year amid the regulatory turmoil in Germany.

Beware Asia Corruption Risks, Say Crown Regulators 15 Aug, 2013

Casino operator Crown Ltd’s main regulators have warned that planned ventures in the Philippines and Sri Lanka pose serious risks of corruption and bribery in a comprehensive review of the company’s operations.

Emma Delta Signs OPAP Deal 13 Aug, 2013

Czech-led investment fund Emma Delta has finally inked the deal to acquire a controlling stake in Greece’s OPAP for €652m, as online operators mount a last-ditch effort to derail OPAP’s monopoly.

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