New Money Laundering Rules For Gambling Industry

money laundering concept

Irish bookmakers and online gambling operators will be required to take on greater responsibility for the deterrence of money laundering, under new rules introduced by the Irish government. Charlie Flanagan, the Minister for Justice and Equality, announced the new laws, which include a variety of measures targeting money laundering and the financial support of terrorism. Gambling operators will be required…

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Irish Government Concession On Betting Tax

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The Irish government appears to have offered a concession in the fight over a proposed doubling of the Irish betting tax, by agreeing to review the effects of the changes. According to reports in the Irish media, Finance Minister Paschal Donohoe has announced that the government will review its changes, following dire warnings from the Irish Bookmakers Association (IBA) that the tax…

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Nations League Boosts Football Betting

football betting concept

This autumn’s innovation in international football, the UEFA Nations League, has been much criticised but according to the betting industry, the competition has been a success. The competition, which features Europe’s international teams competing in four tiers, with play-offs set for next summer, was designed to replace the existing model of international friendlies, which often attracted minimal interest from fans…

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Fortune Bets Launches Greyhound Racing Channel

greyhounds racing on sand track

The Nigerian bookmaker Fortune Bets has added to its betting shop product with the launch of a dedicated greyhound racing channel from Vermantia. One of the fastest growing bookmakers in Africa, Fortune Bets will be able to improve its in-store betting offer with comprehensive coverage of over 40,000 greyhound races every year, including contests from the United Kingdom, United States, and Australia. Under the…

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GVC Expands Aussie Market Share

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High profile gambling group, GVC Holdings, has significantly expanded its online betting profile in the Australian market with the acquisition of Neds International, for an initial price of AUS $68 million. Neds is a new entrant in the Australian online betting industry, launching in 2017, but it has managed to establish itself quickly, and in latest figures, was shown to…

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Bet365 Boss Tops Pay List

20 pound notes

The head of the UK betting group Bet365, Denise Coates received payments of £220 million last year, ensuring that she remains one of the world’s highest-paid business executives. Coates, who is the co-founder and current chief executive of the organisation, which is based in Stoke-on-Trent, has for many years topped the pay lists for female business executives in the UK and…

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