The UK's Financial Conduct Authority will eventually be tasked with regulating binary options once the consultation and interim period are done with. However, the resulting uncertainty as to which regulations binary options fall under as an igaming product will leave the FCA, Gambling Commission and operators unhappy and in limbo.
The Gambling Commission’s elevation of the Committee of Advertising Practice (CAP) and Broadcast Committee of Advertising Practice (BCAP) codes to explicit condition requirements in February signalled its commitment to policing free bet offers more robustly, warns Claire Sng of DLA Piper London’s IP Team.
A raft of recent and impending changes to the regulatory regime in Italy will help remove key inefficiencies and create a more level playing field for Italian-licensed online operators, particularly in sports betting, according to Giulio Coraggio from DLA Piper Italy
This morning's Playtech-TradeFX buyout sees another of Teddy Sagi's companies bought up by the igaming giant. Nonetheless, previous similar deals have been beneficial to the group and its shareholders while financial trading is a regulated and growing.
OPAP dominates Greek gaming and betting, a situation replicated in neighbouring Cyprus. However, its status as a newly-privatised entity, resistance from local bookmakers and a legal challenge by Betfair could mark the start of a new battle.
Spain’s licensed betting operators expect to have recorded some €20m in stakes during last Sunday’s Barcelona-Real Madrid clasico, but for former Juego Online chief executive Dina Niron, operators are still waiting for the roll out of online slots later this year.
bwin party’s results announcement yesterday were not overly positive but at least the group can fall back on its sportsbook platform to turn things round. However, all the hard work that is going on indoors needs to translate into performance.
William Hill and Ladbrokes share some similarities but when it comes to online betting and gaming, they move in totally different circles. And following its results announcement that it would pay a dividend in 2015 without increasing online marketing spend, Ladbrokes has its work cut out if it wants to make a dent in its arch-rival's lead. Scott Longley goes through the figures.
Richard Glynn’s final set of full year results as Ladbrokes chief executive illustrate one of the key flaws of his tenure at the helm: it has taken too long for the group to reach anywhere near this stage, writes Jake Pollard.
EU sanctioning OPAP monopoly to operate video-lottery terminals (VLT) in its home market means OPAP can focus on the VLT roll-out while online operators and local casinos believe EU decision constitutes state aid.
The wording of 888's statement to the LSE over the termination of talks with William Hill lef no one in doubt that 888's founders wanted more for the company while Hills will likely continue to look for targets, Scott Longley reports .
Nicola Tani of Agipronews explains how previously unlicensed operators such as SKS365, Goldbet and Betaland came to be granted more than 2000 licences by the Italian authorities but will have to battle hard in this highly competitive market; and why licensed operators are hoping changes to the country’s official betting list are approved by the Government.
888 is once again in takeover talks with a major UK bookie over a potential £750m deal. Shares in 888 jumped 18% yesterday following news of the talks while William Hill's fell 3%. Scott Longley looks into the issues that may or may not lead to 888 tying the knot this time around.
The Swiss National Bank's recent decision to unpeg the Swiss franc to the euro provoked major tremors in the forex space and pushed broker and ex-West Ham sponsor Alpari into administration. As the authorities take a closer look at the sector, Scott Longley looks at how EU regulation affects it, the different types of financial trading companies and the risk levels they are willing to operate under.
Greece is set for months of political uncertainty after Syriza became the dominant party in the governing coalition following the country’s general elections at the weekend. This means that its once temporary igaming regulation will very likely become permanent, writes Graham Wood.
Holland's Authority for the Financial Market (AFM) was recently rebuked by the District Court of Rotterdam this week for rejecting a licence application by a Dutch binary options provider. In an article first published on Gaming in Holland, Justin Franssen and Frank Tolboom of gaming law firm Kalf Katz & Franssen analyse the decision.
The Paddy Power-financed Ginola bid for the Fifa presidency is great exposure for the bookmaker but is near impossible to take seriously. It also trivialises the very serious issues that lay at the heart of how Fifa is run, says Jake Pollard.