The SBC Weekly Digest for 8/11/19

Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, Insider Sport & Payment Expert.

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Good week for…

Mobile gaming group LeoVegas saw revenues increase 12% in Q3, with 50% of total net gaming revenue now originating from locally regulated markets.

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The Stars Group lauded growth across its Australia and UK segments, as well as “rapid progress” across its US interests.

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Bad week for…

‘Headwinds across its portfolio’ saw Caesars record a net loss of $359m in its third quarter of trading in 2019, despite seeing net revenues grow 2.3% to $2.4bn.

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In what was described as one of the biggest ever stories in English rugby, Saracens were hit with 35-point deduction and a £5m fine for salary cap breaches.

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“RG is a long distance run, with a number of intermediate sprints, meaning it indeed requires an all year long focus from all parts of our business.”

Martin Lycka, GVC’s director of regulatory affairs

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Santander confirmed a £350m investment in trade and foreign exchange facilitator for small and medium-sized companies Ebury.

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CanadaSportsBetting unveiled a new market, enabling punters to bet on the President’s alleged mistruths. In January this year, bettors won $276,424 wagering on the market.

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85 Million
ONE Championship released figures revealing that its historic 100th live event drew a record-breaking 85 million viewers worldwide across all platforms.

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With more than 10 million fans already tuning into the press conference, this weekend’s KSI vs Logan Paul rematch is set to be one of the most engaged sporting events of the year.

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Safer Gambling Forum: The industry needs bold leadership to implement change

Recommended Reading
BetGenius’ Global Partnerships Director Matt Stephenson revealed to SBC how the group plans on offering its partners new and engaging round the clock content.

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Bet.Works Jay Rood highlights how the emergence of regulated sports betting will continue to develop in what is an evidently highly divergent marketplace.

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Zac Cohen of Trulioo discussed how compliance has evolved in sports betting, as well as what the impact of the sixth anti-money laundering directive will be for operators.
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In a historic main event at the Manchester Arena, Katie Taylor epitomised the growth of women’s boxing becoming a two-weight world champion.

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