News analysis

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    GVC was joined by 888 over the weekend in wanting to buy bwin party and an Amaya-GVC joint bid has now been mooted. But if the bwin party saga is finally coming to an end, the nuts and bolts of the business post-deal will be what matters most, regardless of who wins out. 

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    Regulation (or lack thereof) of daily fantasy sports betting operators is already a recurring topic in the US. As gambling stakeholders and observers watch the industry grow and gain traction, the issue is bound to return to the fore in the coming months. 

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    Whatever the outcome, this week's general election will likely lead to more taxes for the UK gambling sector. Scott Longley provides the breakdown and looks at how the industry is responding to the lobbying requirements.

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    Ireland agreed to its licensing framework for online bookmakers and betting exchanges in March, Joe Kelly and Maire Conneely from A&L Goodbody detail the main provisions.

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    The Greek Ministry of Finance announced proposals at the end of March to issue licences fior igaming in a bid to boost its tax revenues. Greek gaming expert John Kyriakides of KG Law Firm details the proposals.

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    iGB speaks with Andrew Daniels, founder and managing director of mobile specialist agency Degree 53 about where the mobile gaming sector is at, why he is focused on developing bespoke software and why it was time Google made the 'mobile-friendly' change to its algorithm.

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    Germany remains one of the biggest igaming markets in the world, whether operators are licensed or not to take bets from players there. As the regulatory situation remains unclear and further court challenges loom on the horizon, the uncertainty is set to continue there, writes Paul Voigt of Taylor Wessing.

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    Ana-Maria Baciu and Oana Albu of the Romanian law firm NNDKP report on the country's latest draft regulation for its igaming sector. Of note is the proposal by the authorities to introduce retrospective taxes on operators who have been working there on their dot com sites, pari mutuel products will be available and player accounts will have to be transferred from dot com to  dot ro sites.         

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    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. 

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    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.

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    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

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    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.   

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    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.

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    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.

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    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.

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    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.

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    Playtech has the cash reserves to carry out serious M&A but the speed at which markets are regulating is still slow. Asia meanwhile remains a risk for the group, Scott Longley reports.

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    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.

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    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.

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    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 .

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