Venezuela’s President Nicolás Maduro has ordered a temporary shutdown of air and maritime traffic with three Caribbean neighbors, accusing smugglers there of seeking to plunder his South American country.72 hour traffic banIn a televised address on Friday, Maduro said he had halted all flights and ship traffic to Aruba, Bonaire and Curaçao, known as the “ABC islands,” for 72 hours. Countries running black marketsHe accused the three countries of running black markets by siphoning everything from copper to food before selling the items. “They take away gold from this country illegally, and make it legal to sell there; they take away coltan, they take away diamonds, they take away all food products,” Maduro said. “I didn’t want to take a measure like this one, but I am ready to take even more radical measures.”The islands, which are short distances from Venezuela’s northern coast, have long hosted black markets for Venezuelan contraband, trading everything from illegally-mined minerals to narcotics.According to reports, many refugees have fled illegally, so the closure is unlikely to stop those departures, but it will prevent Venezuelans wishing to travel by air at a time when many airlines refuse to fly to Venezuela because of safety concerns. Aruba is the site of a large refinery that Citgo, the American subsidiary of Venezuela’s state oil company, has been touting plans to refurbish.Leaders must take appropriate measures“I hope that during these 72 hours the leaders of these countries will take the measures we’ve asked for more than two years against smugglers,” Maduro said. “Mafias are waging war on our electricity, they steal our copper and they sell it legally.”Maduro has closed borders in the past after alleging that smugglers were robbing the country, especially at times when his government faces problems.In late 2016, Maduro shut down the border with Colombia, alleging mobsters there were hoarding currency. The previous year, he ordered a longer closure and declared a state of emergency along the same border, saying food, fuel and other goods were being smuggled there.The measures had little effect on smuggling in the area, residents said, but did prevent many thousands of Venezuelans from crossing the border to buy food during shortages.Presently, Venezuela is also struggling with hyperinflation, and the Maduro administration ordered more than 200 supermarkets to cut prices back to last month’s levels.
A few hours ago, the Premier League club announced the departure of the Croatian, who was appointed in June 2015 on a three-year contract, on Monday after Saturday’s 4-1 loss to Liverpool. “West Ham United can confirm that Slaven Bilic has today left his position with the club,” the Hammers said in a statement. The club hierarchy “believe a change is now necessary in order for the club to move forward positively and in line with their ambition”, the statement added.It has also been confirmed that assistants Nikola Jurcevic, Edin Terzic, Julian Dicks and Miljenko Rak have also left the club with immediate effect.Though not confirmed yet, Former Everton, Manchester United and Sunderland boss David Moyes is widely expected to replace Bilic at the London Stadium.The Hammers statement added: “The club’s search for a new manager to take West Ham United forward is underway and an announcement regarding Bilic’s successor is expected to be made over the coming days.” Related
Share Submit Related Articles Romania’s ONJN adds 20 sites to blacklist August 14, 2020 Share Superbet doubles down on Lucky7’s challenger investment July 27, 2020 StumbleUpon Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 Industry technology SBTech has confirmed that it has agreed terms with Romanian operator winmasters (winmasters.com) to provide the enterprise with its digital provisions for sports betting and igaming platforms.Updating the market, SBTech governance informed that winmasters would become its latest clients for its full-service sports betting platform and its best-in-class Chameleon 360 igaming system.Confirming the partnership, winmasters governance declared that SBTech provisions were needed in order to meet new consumer demands in the newly regulated market of Romania.Further to its partnership announcement with SBTech, winmasters detailed that the company would soon undertake a significant marketing investment in sponsorship and TV Advertising.Richard Carter, CEO of SBTech, commented on the partnership “We are delighted to be supplying winmasters with our complete tier-1 solution, and have very high expectations for their continued success, given winmasters’ proven capabilities and highly knowledgeable marketing partners. This new relationship further consolidates our position as the preferred technology partner of operators in regulated markets”Christos Protopapas, Sales & Operations Director of winmasters said: “We are happy to announce that winmasters has joined forces with SBTech, an industry-leading provider globally recognised for deep sports betting expertise and technical excellence. This strategic alliance heralds a new era for winmasters, defined by a fresh, enhanced and unique gaming portal.“Our goal is to fulfil and exceed our customers&; expectations by providing customised services in an exciting and secure gaming environment. winmasters will continue to invest in technology, improving customer experience and establishing product superiority, advancing our strategic mission of expanding our business into regulated markets with a viable taxation model across Europe.”
Submit Taking on his last investor conference call as Paddy Power Betfair CEO, outgoing leader Breon Corcoran details that PPB’s executive team has achieved its enterprise year 2 ambition of securing ‘structural advantages’ within the firm’s enlarged operations.Closing a solid Q3 performance, in which PPB governance ups its 2017 year-end guidance to an EBITDA range of £450-465 million. Corcoran details that PPBs enlarged structure is beginning to function as a fine-tuned machine.Particularly pleasing to Corcoran has been the accelerated growth of its Sportsbet Australia division which grew 29% during the period. Sportsbet Australia is reported to have outranked legacy Australian betting operator Tabcorp in online wagering turnover for the first time.Corcoran would label Sportsbet Australia, as the group’s ‘shining star’ for its international ambitions, which further focuses on regulated European markets and US expansion projects.Closer to home PPB is on track to deliver its integrated group technology platform, led by Betfair development. The system is currently being tested on select Paddy Power customers, with PPB governance targeting a January 2018 rollout.Speaking to analysts Corcoran emphasises the ‘combined structural advantages’, that have been developed and embraced by PPB executives in order for the company to ‘enable future growth and overcome potential regulatory adversities’.Seeking to develop further assets beyond Paddy Power and Betfair, Corcoran states that combined group dynamics and efficiencies will aid PPB operations, international projects and group marketing.Questioned by analysts on PPB’s reaction to the UK government’s delayed decision on FOBTs wagering levels, Corcoran simply states that his views are in the ‘public domain’. As a betting industry leader, he was disappointed that the government did not deliver on long-term clarity and certainty for the industry on the divisive matter.Closing the Q3 conference call, Corcoran wished incoming Group CEO Peter Jackson and all Paddy Power Betfair executives good luck, stating that he was fan of the company and that he would be ‘cheering from the sidelines’. UKGC launches fourth National Lottery licence competition August 28, 2020 Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 Share FSB selects Glenn Elliott as new COO August 12, 2020 StumbleUpon Share Related Articles
William Hill closes Stockholm Gametek office July 1, 2020 Mr Green has confirmed the launch of its new betting pools inventory– ‘Jackpot Bets’ in partnership with Colossus Bets, strengthening its World Cup Russia 2018 betting proposition.Stockholm-listed MRG Group’s flagship Mr Green brand will launch an initial ‘5 pool – £5 million Super 8 Jackpots’, for Russia 2018.Mr Green’s betting pool inventory will be further supported by a full range of full Colossus Bets provisions including Syndicates ‘crowd-betting’ functionality and Cash Out.Updating the market, Mr Green CEO Jesper Kärrbrink, commented; “Since the beginning, Mr Green has led in the market with our ‘Green Gaming’ ethos.Colossus sports jackpots offer a ‘low stakes for grand prizes’ alternative to traditional sports betting that is in line with our brand values and enables us to reach out to a broad audience.The timing is ideal with this summer’s big football event just around the corner, the launch advances our strategy to provide a full gaming portfolio to our existing players.”The Super 8 jackpots are exclusive to Mr Green and can be won by picking the correct score in a series of 8 matches. These jackpots include Colossus’ unique Cash Out feature, which enables players to bank profits as they progress towards a lottery-sized prize.Since its enterprise launch in 2013, Colossus Bets informs that it has distributed more than £100 million in player prizes.Backing Mr Green as new partner Colossus Bets’ CEO, Bernard Marantelli, commented, “We have worked with Mr Green to create an appealing ‘entry level’ product for the biggest sports event of the year and beyond. We are excited to see a brand of their quality join the Colossus network.” StumbleUpon Related Articles Share Share Maxima Compliance – ‘Mastering technical compliance to grow your global footprint’ June 9, 2020 Aspire builds Q1 momentum through regulated market focus May 5, 2020 Submit
Submit DraftKings expands Sportradar partnership to launch mobile live streaming May 29, 2020 Related Articles StumbleUpon Share US daily fantasy sports operator DraftKings has launched its first sportsbook-centric advertising campaign ‘Dr.AftKings’ featuring NBA legend ‘Sir Charles’ Barkley.Promoting its New Jersey licensed sportsbook app, DraftKings introduces the character of ‘Dr.AftKings’ who diagnosis Sir Charles with a number of ‘sports-related disorders’.DraftKings new campaign has been co-developed by New York-based creative agency Deutsch and seeks to introduce the DFS operator’s initial sports betting services and branding.This August, DraftKings announced the ‘soft-launch’ of its New Jersey licensed mobile betting app in partnership with European betting technology provider Kambi Group Plc, bringing digital wagering services to the Garden State.The campaign will be broadcast within New Jersey, with DraftKings abiding by the state’s new laws on gambling marketing and promotion.Considered one of the NBA’s best ever power-forwards, former Philadelphia 76ers player and current ESPN pundit Charles Barkley has formerly been an advocate of legalising US sports betting.“I’m excited to be partnering with DraftKings as they introduce their new sportsbook app. Their products and their advertising are great, and I’m happy to be part of their team going forward.” Share DraftKings CBO – Industry ‘only just scratched the surface’ of US sports betting July 16, 2020 Kambi and DraftKings agree on final closure terms July 24, 2020
Related Articles Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 Share Submit LeoVegas hits back at Swedish regulations despite Q2 successes August 13, 2020 Share Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 StumbleUpon Stockholm-listed online gambling group LeoVegas AB has confirmed that it will strengthen its UK sports betting proposition, adding new sportsbook provisions to its BetUK brand.Updating the market, LeoVegas governance outlines that it will relaunch BetUK as a sportsbook property, having recently secured the brand’s first sponsorship agreement with Championship football club Swansea AFC.Entering 2018, LeoVegas secured the BetUK brand through its £65 million acquisition of independent UK online casino group IPS Limited assets.Seeking to accelerate its footprint with the saturated UK online gambling market, LeoVegas would launch its new ‘UK-centric operating division’ – Rocket X, servicing the acquired assets of BetUK, UK Casino, 21.co.uk and SlotBoss.Updating investors on BetUK initiatives, Gustaf Hagman, LeoVegas AB Group CEO, outlined that Rocket X would deliver a distinct property for UK sports betting consumers, whilst underlining sustainable growth for its new sportsbook product.“Since its start LeoVegas has adhered to a successful, global brand strategy. In larger markets, this can be complemented with a local multi-brand strategy. The UK market is very large and mature, which creates scope to work with more brands that attract different types of customers.We are now taking the next step and launching a brand that has sports betting as its primary focus. BetUK.com is a premium domain with a very strong link profile that ranks high on Google and other search engines. It is a very exciting move, and I am convinced that it will be a success with strong and sustainable growth,”
Share Submit Related Articles StumbleUpon Delasport elevates online casino offering with Betsoft deal June 3, 2020 Unique gaming solution to drive “significant global expansion” for Finunion May 16, 2019 Share UKGC forces Paddy Power & Betfred to terminate new retail games April 3, 2019 The white label platform for Inbet Games has been bolstered by another integration – this time in the form of live stream casino games from Vivo Gaming.Inbet’s online casino partners have therefore gained access to a full range of real land-based casino games from a leading interactive provider, including European Roulette, Live Roulette, Baccarat, Craps, Sic Bo, Blackjack, Dragon Tiger, Poker and more.The addition of content from Vivo, combined with the Spinomenal integration from earlier this month, sees the white label platform pass the 600 mark for slots, casino, betting and lottery games.The roulette table games from Vivo enable simultaneous play for any number of players, but with a variety of table limits to fit the requirements of each client’s operation.Blackjack is the only game featuring full interaction between the players and the dealer, as well as between the players themselves.Inbet has praised the contribution of Vivo’s dealers, all of whom are “trained to engage players in a fun, enjoyable, and personal fashion, facilitating the thrill of playing in a real casino from the comfort of your personal surrounding”.Through many years of running Blackjack tables 24/7, Vivo Gaming has mastered the time needed for each stage of play, so that players have the precise amount of time to make their decisions without causing too much of a wait or interrupting the flow of the game.Pavel Korolev, Business Development Director for Inbet Games, commented: “We are very pleased with the deal we have made with Vivo Gaming as it will augment the capacity of our White Label platform to bring on a world class live betting experience.”Inbet Games has made the shortlist in four categories for this year’s SBC Awards – Best Retail Betting Product, White Label Supplier of the Year, Best Virtual Sports Product and Best Multi-Channel Supplier.
Share UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service August 20, 2020 Submit Share Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 StumbleUpon Related Articles UKGC launches fourth National Lottery licence competition August 28, 2020 Daub Alderney an online gambling subsidiary of London AIM-listed Stride Gaming Plc, has been fined £7.1 million for failing to meet UK Gambling Commission (UKGC) rules and standards on money laundering and protection of vulnerable customers.Concluding an investigation under the mandate of the ‘2015 Gambling Act’, a UKGC review panel found that Daub had consistently failed to:Conduct appropriate monitoring of player interactions/engagement with its services.Apply required customer due diligence checks across its network of online gambling websites.Keep records/evidence of customer financial transactions.Maintain an appropriate risk management and AML infrastructure.Provide staff with relevant anti-money-laundering and financial monitor transaction training.In addition to AML and customer interaction failures, the UKGC states that it had found multiple source-of-fund (SOF) violations with regards to ‘enhanced customer due diligence’ checks on its financial transactions.Further operator infringements, saw the UKGC brand Daub’s Social Responsibility (SR) procedures as insufficient with regards to identifying or mitigating problem gambling risks.Richard Watson – UKGCCommenting on the penalty update, Richard Watson, UKGC Executive Director, said: “This action is part of an ongoing investigation into the online casino sector.“The operator’s standards did not match the protections required, and this fine reflects the seriousness of these lapses.”Stride Gaming governance has confirmed to the UKGC, that it will work with external advisors to undertake wholesale improvements of its compliance and SR structures.In its September 2018 update, Stride Gaming governance revealed that it had set aside £4 million to pay for its upcoming UKGC fine. with the AIM enterprise adjusting its full-year corporate EBITDA to no less than £16 million.Beyond the £7 million fine, the UKGC has added a number of operator specific licence conditions which Daub must adhere to maintain:The firm must appoint a ‘Money Laundering Reporting Officer who holds a Personal Management Licence’.Ensure that all levels of staff management (leadership and below) undertake and complete an ‘outsourced anti-money-laundering training’ program.Engage with external auditors who will review the implementation and progress of Daub’s AML, risk and social responsibility infrastructures.
Share StumbleUpon DAZN has strengthened its global expansion plans with the appointment of Apple’s Ben King, who takes up the role of SVP Global Distribution and Business Development.King joins DAZN in February from Apple where, over his 12-year tenure, he worked at the forefront of some of the world’s most successful digital entertainment and media services including the iTunes Store, App Store and Apple Music.Most recently, as Commercial Director for International Services, King had responsibility for Business Insights, Business Development, Strategic Partnerships and Content Licensing outside the US and played a pivotal role in driving the growth of Apple Music as it raced to 50 million subscribers in just three years.King is tasked with spearheading DAZN’s growth strategy and building best-in-class commercial and distribution partnerships with the world’s leading platforms, telecom operators, retailers, brands and portals.DAZN is currently live in seven countries across three continents and is launching in Spain and Brazil in early 2019, with ambitions to be in 20 markets by 2020 and to become established as a leading sports streaming service globally.He will report into John Gleasure, Chief Business Development Officer, who outlined: “Ben is universally respected across the industry as an innovative and talented operator who delivers results for both partners and his services. His global experience and insight-driven approach will enable DAZN to grow faster and stronger as we extend our business deeper into both existing and new markets. We are delighted to get him onboard.”Commenting on his new role, King, detailed: “From the first time I met the DAZN team, I was blown away by the product, the people and the ambition. DAZN has spotted an opportunity to develop a global sport streaming service before anyone else and is executing aggressively to extend its lead.“Live sport may be the last holdout of the digital media revolution, but I have no doubt about the benefits of bringing fans closer to their favourite teams and sport stars through a more user-friendly, convenient and affordable service. The potential is staggering, and I could not be more excited about joining DAZN to help realise it.”DAZN is available on nearly every connected device including TVs, smartphones, tablets, PCs and games consoles. DAZN streamed a record 200m hours of sport to millions of fans around the world in 2018 from the world’s leading sport competitions including English Premier League, UEFA Champions League, Serie A, La Liga, Ligue 1, NHL, NFL, MLB, Matchroom Boxing and Golden Boy Promotions. Launched in Japan, Germany, Austria and Switzerland in 2016, DAZN added Canada in 2017 and went live in Italy and the U.S in 2018. Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 Related Articles Share Submit Vbet sponsors AS Monaco as Ligue 1 kicks off new season August 24, 2020 FDJ’s ParionsSport launches sponsorship programme for French amateur football August 24, 2020