The SBC Weekly Digest for 12/06/20

Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, SlotBeats, Insider Sport & Payment Expert.

Good week for…
EPIC RISK MANAGEMENT

EPIC Risk Management was ‘delighted’ to become one of the first private companies to be listed on the UK Gambling Commission’s RET register. .

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TRUSTLY

Trustly boosted its global expansion plans with a strategic minority investment by BlackRock Private Equity, secured through BlackRock’s private equity funds together with a consortium of institutional investors.

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Bad week for…
BETSSON

Spelinspektionen has issued a SEK20m penalty to Betsson Nordic for the sale of games through an unregistered agent and an unauthorised bonus offer.

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INDIANA SPORTSBOOKS

Last month, a lack of sports and retail closures meant that Indiana sportsbooks struggled to recoup what was potentially circa $160m worth of bets.

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QUOTE OF THE WEEK
“@2x
“Ultimately, digitising the payments infrastructure will give operators more visibility over players to help them measure and manage regulatory demands being set. Thus, helping them navigate regulatory obstacles more easily.”

Trustly’s Director of Gaming Sam Barrett, looks at the use of contactless payment methods once retail begins to reopen following the pandemic.

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NUMBERS GAME
25%
Analysis carried out by H2 Gambling Capital has predicted that the proposed 40% increase in taxes on the Danish iGaming market will shrink the licensed market by 25%.

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1 million
Following a three-month shutdown of live sport across the country, Puerto Rico recorded nearly 1 million bets placed on horse racing last weekend.

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3
In an attempt to allow the sector to recover following COVID-19, Shrinivas Naik, director of Casino Pride Goa, has called for a three-year tax holiday and six-month waiver on interest charges.

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530 million
PayPal has announced a $530m commitment to support Black and minority-owned businesses and communities in the U.S., with an elevated focus on those hard hit by COVID-19.

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VIDEO OF THE WEEK
Screenshot 2020-06-12 at 13.52.45
SBC News 90 looks at the reopening of Paddy Power shops across England and Ireland and the appointment of Philippe Augier as the Chairman of PMU.
Recommended Reading
Varengold Bank’s Lukas Diehl discussed the evolving relationship between fintechs and banks following the firm’s new collaboration with Wirecard.

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SBC News spoke to Marek Suchar, Head of Partnerships at Oddin.gg, who discussed the success of his firm’s venture into the esports betting landscape and its key aims for 2020.

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Pronet Gaming CCO Bobby Longhurst underlined what the industry has learned as the recent unforeseen hiatus in live sporting events has presented it with a unique challenge.

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Jason Lisiecki, VP of North America at IWG, gave exclusive insight to Lottery Daily about the group’s ongoing US activities, product innovation and a collaborative strategy that will bolster its future ambitions.

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Sports Betting Community Ltd, Riverbank House, 1 Putney Bridge Approach, Putney, London SW6 3JD, United Kingdom

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