Wire EMEA
236 Suspicious Betting Alerts in 2021
Te International Betting Integrity Association (IBIA) has reported the incidence of 236 cases of suspicious betting to the relevant authorities during 2021.
Over the five-year period 2017-21, IBIA has reported 1,222 alerts across 19 sports and 101 countries.
EMEA SPORTS BETTING
Greece - Fonbet partners with Greentube Greentube has taken a selection of its games portfolio live with Fonbet in Greece, further expanding its regulated market reach. Six titles are initially available to Fonbet’s local players including Book of Ra deluxe, Lucky Lady’s Charm deluxe and Dolphin’s Pearl deluxe. Greentube’s content has been available in Greece for several years, but the country recently moved from an interim legal framework for online gambling to become fully regulated, enabling more operators to enter the territory.
Fonbet is a leading operator in Greece and the partnership sees Greentube significantly expand the reach of its content to a new audience. Lisa Sandner, Greentube’s Sales & Key Account Manager for Greece, said: “Our content is performing strongly in the Greek market and we are thrilled to reach even more local players through our partnership with Fonbet, a prominent and reputable operator. We continue our focus to expand in regulated markets and Greece plays an important part in our growth strategy.”
Yiannis Zafiratos, Vice Present of International Operations of Fonbet, said: “Greentube’s content needs no introduction, and we are pleased to now be able to offer a selection of their best performing titles to our customers. With more games to be added to our offering shortly, we look forward to a long and successful partnership.”
Germany - New home for Bad Neuenahr Following the devastating summer floods in the German city of Bad Neuenahr-Ahrweiler, Casino Bad Neuenahr has found a new, temporary location at local train station with an opening expected in the summer. Michael Seegert, Managing Partner of Casino Bad Neuenahr, said: “We have signed a rental agreement for an interim location for the Bad Neuenahr casino in agreement with the Ministry of the Interior and the city of Bad Neuenahr-Ahrweiler for an initial period of three years.”
UK - NeoGames bid for Aspire Global Mid-January, a public tender offer was made by NeoGames S.A to the shareholders of Aspire Global to tender all their shares in the company to NeoGames for a consideration consisting of a combination of cash and newly issued shares in NeoGames. Aspire Global's main shareholders, who in aggregate own shares corresponding to 66.96 per cent of all shares and votes in Aspire Global, have entered into irrevocable undertakings that enable the other shareholders in Aspire Global to tender their shares to NeoGames and receive 100 per cent cash consideration corresponding to SEK 111.00 per share tendered in Aspire Global representing a premium of 41 per cent compared to today's closing price of SEK 78.5 for Aspire Global's share. This value of the company is between US$500-600m.
P10 WIRE / PULSE / INSIGHT / REPORTS
Te International Betting Integrity Association (IBIA) has reported the incidence of 236 cases of suspicious betting to the relevant authorities during 2021, with 69 alerts in the fourth quarter. Te annual figure is a 13 per cent reduction on the 270 cases reported in 2020. Te 2021 figure is consistent with recent years, with the average number of annual alerts at 240 during 2018-20. Te 2021 alerts spanned 13 sports and 49 different countries, with tennis and football continuing to dominate. Europe also continued to provide the highest number of alerts with 50 per cent of the annual total.
Khalid Ali, CEO of IBIA, said: “Another challenging year for the sector has passed with the spectre of Covid and it is therefore welcomed that the alerts for 2021 showed a downward trend and a return to pre-Covid numbers. Challenges however persist, notably with the growth of private sports events and establishing integrity protocols to the levels seen in traditional sports bodies. Te association is working with a number of stakeholders in this area to improve integrity provisions.
“Indeed, the dangers of betting corruption
remain, and as the Optimum Betting Market report published last year highlighted, that equates to around $25m per annum in lost revenue for the regulated betting sector globally.
“It is therefore welcome that the requirement for operators to be part of an integrity monitoring system have gathered pace across the US, and have been endorsed in Sweden, to add to existing requirements in the Netherlands, Germany and the Czech Republic. Te approach in Ontario is particularly worthy of attention and is a best practice model. Te association looks forward to working with a wider range of operators on integrity as a result.”
Other key data for 2021 showed that the total number of tennis alerts (80) saw a decrease of 18 per cent on the 98 reported in 2020, while football alerts rose eight per cent on 2021 to the highest annual number reported at 66. Alerts for sporting events in Russia increased to 27, the highest number for a single country in 2021, while the number of successful sporting or criminal sanctions during 2021 from IBIA alerts climbed to 11, with 10 alerts in North America, a 54 per cent decrease on the 22 reported in 2020.
Greece EGT Interactive partners with Novibet in Greece
EGT Interactive is expanding its Greek presence via a partnership with the operator Novibet. Te provider focuses on strengthening its position on the Greek iGaming market, and its portfolio of classic casino games.
Tis deal is an opportunity for both sides to grow and attract more players. Novibet is a operator in the online gaming sector in Greece, and a partnership with Novibet is an opportunity for EGT Interactive to play a significant role in the new locally regulated Greek market.
EGT Interactive slots are mobile- optimised and user-friendly in both landscape and portrait mode. Te online Greek players can already enjoy the provider's gaming titles: Shining Crown, 40 Super Hot, Zodiac Wheel, Burning Hot, Rise of RA.
Ivo Georgiev, the Managing Director of EGT Interactive, commented: "We are extremely proud to expand our Greek
presence with such a prominent operator as Novibet. We are looking forward to seeing this partnership grow, and we are confident the results will exceed our expectations."
Fotini Matthaiou, Casino Manager, Novibet, commented on the agreement: “We are focused on enriching our portfolio and constantly expanding the entertainment options available for our members on our platform. Our latest partnership with EGT Interactive, introduces our audience to the brand’s unique games while, at the same time, enhances the memorable gaming experience Novibet has to offer.”
UK
Two online casinos will pay a total of £1.3m after Gambling Commission investigations revealed social responsibility failures at the businesses. Rank Digital Gaming (Alderney) – trading as
bellacasino.com,
grosvenorcasino.com,
meccabingo.com and
meccagames.com – will pay a £700,557 regulatory settlement for social responsibility failures. Annexio (Jersey) – trading as
lottogo.com – will pay £612,000 regulatory settlement for both social responsibility and money laundering failures. Settlement money will go to the National Strategy to Reduce Gambling Harms. Helen Venn, Gambling Commission Executive Director, said: “We expect high standards from operators to ensure gambling in Britain is safe and crime free. Tose businesses that fail to meet these standards will find themselves facing costly regulatory action.”
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