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FOBT Limits Would be Financially Crippling EMEA


Changes to the UK’s FOBT limits have the potential to be ‘financially crippling' according to UK Finance Minister Philip Hammond


Government can't afford to lose revenues should legislation limit the maximum bets allowed as proposed on FOBTs


UK GOVERNMENT AFFAIRS


PORTUGAL – Shares for Estoril Sol have risen by more than 3 per cent after being granted the eighth online gaming license in Portugal. Estoril Sol shares rose to €7.38 the highest since January 2010. Estoril Sol was granted a license to offer online sports betting at the beginning of this month by the regulatory body Serviço de Regulação e Inspeção de Jogos (SRIJ). Local customers will be able to make bets on sports via www.estorilsolcasinos.pt. The licence will be valid for the initial term of three years, from the date of its issuance and will expire on August 03, 2020, if it is not renewed before then.


Group Estoril controls three of the existing eleven casinos in Portugal the Estoril, Lisboa and Póvo and holds a 64 per cent share in the bricks and mortar casino market. The company has also recently expanded into Portugal’s online gaming sector. In July 2016 EstorilSolCasinos.pt went live and became the first licensed website to offer legal online casino in Portugal. The platform is the result of a joint venture with Belgian company GAMING1 the online gaming expert and member of the Ardent Group. GAMING1 specialises in the convergence of land-based operators in regulated markets which are ready to take their business online for the first time.


The result of this alliance is EstorilSolCasinos.pt which was the first licensed website to offer legal online casino in Portugal. EstorilSolCasinos.pt relies on a state-of-the-art platform with game content that is fully compliant with Portuguese regulations.


The Government first approved rules for online gambling and betting on April 29, 2015. However, there has been criticism over the tax regime which has made many operators wary of getting on board. This is especially the case when it comes to sports betting. The main reason for this is the 8/16 per cent turnover tax on online sports betting which makes the market unattractive to the bulk of European operators.


UK – Glück Games, the Gibraltar and Berlin-based ‘casual-real money games’ developer, aggregator and technology provider, has announced the appointment of Rafael Razim its new, full-time


Chief Technology Officer. Mr. Razim has significant experience in the iGaming sector and is recognised as one of Berlin’s top CTOs. He previously co- founded Berlin-based GimiGames, a VC-backed multiplayer skill-gaming platform, and a real- money poker-company in Malta. He joins Glück Games as “late co-founder” and part of the management team.


P26 NEWSWIRE / INTERACTIVE / 247.COM


Changes to the UK’s FOBT limits have the potential to be ‘financially crippling' according to UK Finance Minister Philip Hammond. He suggested that the government can't afford to lose revenues should legislation limit the maximum bets allowed as proposed.


Te review had been instigated by the Department for Culture, Media and Sport (DCMS) back in October amid claims that fixed- odds betting terminals (FOBTs) caused social harm as they allow gamblers to lose £100 every 20 seconds. Te DCMS’s plan was to recommend bets be limited to a maximum of £2.


DCMS Minister Tracey Crouch slammed the newspaper report claiming the report on FOBTs was still being conducted and its findings would be released later this year. Te FOBT review was announced in October 2016 and was expected to take up to 18 months to complete. Despite the news article being slammed as fake news by Tracey Crouch, it has reignited a war of words. Te governments tie up with the DUP in


Sportradar to power Comunio’s fantasy football


Europe


One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar power its player performance scores across the top European leagues starting this summer. Comunio provides fantasy football leagues based on ten of the top European competitions, including the UEFA Champions League, the top two divisions in Spain and Germany, as well as the top leagues in France, Italy, England, Portugal and Turkey. Fans from a range of European countries, including Spain, Germany, England and France can enjoy assembling fantasy teams from across any of these ten competitions and testing their expertise.


When the 2017-2018 season kicks off, those player


Northern Ireland has promoted cries for the party to intervene. Christian lobby group CARE’s Northern Ireland policy officer, Mark Baillie, said: “Now that the DUP play a significant role in ensuring the Conservative Government remain in power they must hold Teresa May and the Conservative Party to account over their commitment to create a fairer society. “FOBT’s do not fit into this narrative – they may work for the bookmakers and the taxman – but not for problem gamblers, their families or society as a whole.” He added: “Tis review is long overdue and much needed – the DUP must ensure that it goes ahead and the proposals recommended to reduce the stakes on FOBTs are introduced.”


When asked if the DUP would seek to use its influence with the Government on the issue, the party pointed to comments from one of its senior MPs, Sammy Wilson, in which he said that the proposal to cut the maximum FOBT stake from £100 to £2 has “the support of churches, local authorities, Te Royal Society for Public Health and every party in Westminster.”


performance scores will be based on Sportradar’s Player Performance Index. Tis Index, which is just one solution in Sportradar’s suite of Premium Soccer products, marries a performance data collection across the most important competitions in Europe with a sophisticated, in-house developed objective algorithm that crunches and weights all of those data points to generate an incredibly accurate performance score.


Comunio CEO Fabian Loschek said: “We wanted to provide a level of performance data and analysis that would match the attention to detail of our users. Sportradar’s Premium Soccer is a game changer that records over 100 types of microevents per match, evaluates their quality, weights their overall importance and then uses a sensitive algorithm to generate a deeper piece of analysis. I can’t wait for the season to kick off and our thousands of users to experience a whole new level of engagement in the leagues they follow and love."


Romania


Romanian betting operator Casa Pariurilor has extended its cooperation with NSoft by launching a new set of NSoft’s virtual games on its website. It includes draw based games Lucky Six and Lucky X, and racing games: Greyhound Races (based on actual recordings), plus Virtual Greyhound Races & Virtual Horse Races, fully developed and animated by NSoft’s games development team. All the games are running with RNG (Random Number Generator) in the background. Since they are founded on computer generated events, their major benefit is that they can be played all the time therefore players can enjoy it 24/7.


Speaking about the release, Domagoj Marić, Senior Product Manager at NSoft has said: “NSoft’s exciting games will prove attractive to players and operators alike. Tis cooperation with Casa Pariurilor has proven to be beneficial for both parties sharing the knowledge and innovation.”


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