New Zealand’s Racing Industry Transitional Authority (RITA) admitted concerns that the Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products, but revealed that a bill regulating online betting may be in the works.
The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has revealed that it flagged 157 matches to its partner network for potentially suspicious activity in 2019, with football once again dominating.
The Ministry of the Interior in the German state of Hesse has revealed that it has received eleven applications for sports betting licences, with a further seven operators making binding commitments to make submissions.
Sweden’s gambling regulator Spelinspektionen has put forward an amendment to the country’s gaming rules that would see operators prohibited from offering odds on rule violations, such as a yellow card in football or a fault in tennis.
The enactment of Federal Law No. 13,756/18 in December 2018 was followed by progress on developing regulations over the course of 2019. Now the stage is set for a successful launch in 2020, writes Neil Montgomery of Montgomery & Associados.
The Minister for the Interior in the German state of Hesse has claimed no operator has filed an application for a federal sports betting licence, warning that companies will face immediate action if they continue to operate without certification.
The governing body for Colombia’s leading football competitions División Mayor del Fútbol Profesional Colombiano (Dimayor) has struck a partnership with Genius Sports through which it aims to safeguard its leagues and tournaments against match fixing and betting-related corruption.
Sri Lanka has become the first South Asian country to criminalise match fixing, with a bill setting out severe penalties including fines of up to LKR100m (£431,836/€502,536/$554,078) and ten-year prison terms.
Norway’s state-owned totalisator betting business Norsk Rikstoto has proposed establishing a mandatory monthly spending limit for all customers, with the country’s gambling regulator speaking out in favour of the proposal.
Filippos Antonopoulos built Vermantia from a startup challenging the leading land-based and online gaming suppliers to part of the industry establishment, after Arena Racing Company (ARC) bought into the business. With a new venture in the payment sector now underway, he discusses how being a latecomer to a mature market is no barrier to growth.
GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
The German state of Hesse is gearing up to begin the process to award the country’s sports betting licences, with analysts warning that operators could see up to 70% of revenue disappear as a result of the restrictive operating model.
The Brazilian Ministry of the Economy has launched a month-long public consultation on sports betting regulation as it works to develop a legal framework for the vertical. Interested parties have until 31 August to submit comments.