Europe NEWS

Alea’s holistic approach to success

During the recent SiGMA Europe Summit, Alexandre Tomic, founder and CEO of Alea, and Jordi Sendra, COO at Alea, shared insights into Alea’s holistic approach to success, combining a specialised business focus with a genuine concern for employee well-being. Alea’s singular focus on aggregation Tomic emphasised Alea’s strategic approach, stating, “Why is Alea ahead? It’s…

MGA Interim Report 2023: Malta’s gaming industry maintains strong economic contribution

The gaming industry in Malta continues to make a significant impact on the country’s economy, contributing approximately 9.5% to the Gross Value Added (GVA) during the first half of 2023, according to the latest MGA Interim Report 2023. The total GVA generated by the gaming sector in this period amounted to €810.7 million, with the…

New leadership post-Entain CEE acquisition – Radim Haluza takes the helm at STS

Poland's leading sports betting operator, STS, has undergone a significant leadership shakeup following its acquisition by Entain CEE for £750 million. The changes, effective from 1st January 2024, see Radim Haluza assume the position of STS's new Chief Executive Officer, while maintaining his role as CEO of Entain CEE. Mateusz Juroszek, a longstanding figure at STS, transitions to the role of Chairman of the supervisory board. Juroszek paves the way for strategic development"

Anna Johnson takes the helm at Svenska Spel

Swedish gaming and lottery operator, Svenska Spel, is set to undergo a strategic leadership transition as Anna Johnson steps into the role of president and chief executive officer.

UKGC focus on fines

The UK Gambling Commission (UKGC) has initiated fresh consultations on financial penalties aimed at bringing greater clarity and transparency to penalty calculations. Intended to last 13 weeks, the consultations will consider the starting point for fines and whether penalties will be judged against the gross gambling yield (GGY) during the breach. Financial key event reporting…

Entain’s struggling fortunes: US hedge fund urges radical overhaul

US activist hedge fund Corvex is advocating for decisive actions to rescue Entain in light of its decline.

By-election looms over Scott Benton suspension

The British Parliamentary Standards Committee has recommended the suspension of MP Scott Benton for giving the impression that he was “corrupt and ‘for sale’” to a fictitious gambling company. In April, the MP for Blackpool South was the subject of a sting operation by The Times, which alleged he offered to lobby on behalf of…

Liechtenstein extends iGaming prohibition

Liechtenstein’s government has extended the nation’s prohibition on online gambling until at least 2028. Despite legalising the sector in 2010, the Central European country has not issued a licence to any online operators since, effectively rendering the industry unavailable. A fresh extension on the processing of online gambling licence applications until the end of 2028…

Charles Mizzi is MGA’s new CEO

The MGA has announced today that it has selected Charles Mizzi to succeed Carl Brincat as Chief Executive Officer of the MGA, with effect from 26 January 2024. The appointment follows the public call issued on 30 October 2023 and the selection process which ensued thereafter. Mr Mizzi will be shadowing Dr Brincat throughout January…

Gambling support suggested for 1.6 million English adults

New public health figures in England have revealed that an estimated 1.6 million adults would benefit from specialist-led treatment for gambling harms. This estimation has been tabled by the Office for Health Improvement and Disparities (OHID) in a report undertaken for the Department of Health and Social Care.  Treatment required The report provided a breakdown…