Daniel Macadam - Europe Editor


GamblingCompliance

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British Bookmakers And Casinos Targeted To Wash £1m Drug Money 01 Oct, 2013

UK bookmaker Coral and casino firm Aspers were yesterday named as two gambling operators used by a convicted criminal who tried to launder more than £1m in money linked to the drug trade.

UK Gambling Watchdog Warns Over £1m Health Lottery Betting Deal 27 Sep, 2013

The UK’s gambling regulators have said they are “concerned” about a new tie-up launched this week between high-street betting giant Coral and Richard Desmond’s Health Lottery that will offer a £1m top prize.

Last-Minute Loan Looks To Keep Codere Afloat Until 2014 18 Sep, 2013

Codere has avoided bankruptcy with a €35m lifeline that is designed to provide the Spanish company with enough funds until at least January 2014.

Treasury’s 15 Percent Tax Would Risk Ruining UK Online Industry, Says RGA Study 17 Sep, 2013

The UK Treasury should begin with its new online tax at 10 percent or less of gross profits to avoid destroying the industry, according to analysis commissioned by the Remote Gambling Association (RGA).

32Red Sticks With Gibraltar Allies For UK Tax Hit 13 Sep, 2013

Online casino specialist 32Red has support in Gibraltar if it comes to a legal battle with the UK government over plans for a 15 percent online gambling tax, according to bosses.

Player Numbers Plummet As Spanish Online Market Stalls 12 Sep, 2013

Spanish online gambling firms have called for new measures to boost the “stagnant” market after new figures showed active Spanish players have declined by more than 30 percent.

Sheriff Gaming Certificate Suspended By Alderney 11 Sep, 2013

Alderney’s gambling regulators have suspended the certificate of Dutch online casino supplier Sheriff Gaming, weeks after it was linked to a multi-million euro money laundering ring in the Netherlands.

Deutsche Telekom Betting Deal A ‘Good Fit’ 10 Sep, 2013
The chief executive of Austrian bookmaker Tipp3 said its potential stake sale to T-Mobile owner Deutsche Telekom to expand into German sports betting would be a “really good fit” for both companies.
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.

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