The SBC Weekly Digest for 07/08/20

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

Good week for…
SQUARE

Jack Dorsey’s Square reported a record-breaking Q2 2020 performance, recording a 64% increase in revenues to $1.92 billion.

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CHARITY LOTTERY
Celebrating its 1,000th draw, Your Hospice Lottery has raised more than £9m for St Helena Hospice which will help provide palliative care to residents across north Essex.

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Bad week for…
UK CASINOS
The BGC has warned the UK Government that it may have dealt a ‘wrecking ball to the industry, stating that the industry may not recover from the effects of the continued casino closures.

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TABCORP

Tabcorp Holdings will write down its wagering and media business by at least AUD $1 billion as a result of COVID-19 shutdowns and ‘the possible acceleration of retail contraction’.

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QUOTE OF THE WEEK
“@2x
“The advent of regulation is going to allow Ukrainian bettors to enjoy the full spectrum of what our industry has to offer, from land-based slot machines to the latest cutting-edge online games.”

Vladimir Malakchi, chief business development officer at Evoplay Entertainment, discusses the opportunities that a newly legislated Ukrainian gambling market will bring.

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NUMBERS GAME
£100m
The Social Market Foundation has advised the UK government that gamblers should be limited to betting ‘£100 each month until they pass more stringent checks‘.

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£533m
US consortium The Friedkin Group has signed a deal to purchase AS Roma in a transaction that is valued at £533m.

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10%
Publishing its 2020 interim results, William Hill revealed that online international net revenue had increased by 10% from £122.4 million in 2019 to £143.8 million.

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8
IGT secured its biggest US wagering deal with FanDuel which will see IGT’s PlaySports platform power FanDuel retail sportsbook network across 8 US states.

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VIDEO OF THE WEEK
SBC News 90
SBC News 90 looks at Interwetten’s sponsorship of the Greek Super League and UK casino’s fight for survival.
Recommended Reading
Dr Tejus Patel, a junior doctor working in the NHS and co-founder of RecoverMe, explains how mobile apps can be used to support those affected by problem gambling.

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Insider Sport spoke with Chris Solly, Managing Director of World Academy of Sport, about the benefits of providing education to athletes during their career.

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ConnectPay CTO Marius Galdikas speaks to SBC about why being on the path towards Strong Customer Authentication compliance should be the north star of every vendor’s roadmap.

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Sandra Higgins, CMO at Sysnet Global Solutions, draws parallels between taking multivitamins for the body and keeping small businesses ‘healthy’ using an all-in-one security solution.

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

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