The SBC Weekly Digest for 27/03/20

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

Good week for…

As the industry continues to deal with COVID-19, UK betting companies will now be able to qualify for the same business rates holiday like other businesses in the retail, leisure and hospitality industry.

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Leadstar Media has been given the green light to operate in the Garden State after securing a vendor license from the New Jersey Division of Gaming Enforcement.

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Bad week for…

The 73 year old founder of PokerStars has pleaded guilty in a New York court to running an unlawful online gambling business in the US.

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The upcoming 2020 Olympics have been postponed to a later date, with the International Olympic Committee and Japan’s Prime Minister citing COVID-19 concerns.

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“You must not exploit the current situation for marketing purposes and should be very cautious when seeking to cross-sell online gaming products to customers who signed up with you in order to bet.”

UK Gambling Commission’s Neil McArthur urged the betting industry to maintain the highest operating standards during ‘uncertain and unsettling times’.

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A WhichBingo report has revealed that 131 bingo sites closed during 2019 taking the total from 395 to 264, while fewer than 20 new standalone bingo sites launched over the 12-month period.

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Bayern Munich, Borussia Dortmund, RB Leipzig and Bayer Leverkusen will offer €20m to sides in the top and second-tier of the Bundesliga to mitigate the impact of COVID-19.

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To limit any chances of problem gambling during the UK’s COVID-19 lockdown, the Gambling Related Harm All Party Parliamentary Group has called for a daily gambling limit of £50 to be imposed.

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The contactless limit for UK retailers will increase from £30 to £45, allowing more customers to make payments without touching card terminals or handling cash.

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In a post-Brexit world, will London maintain its status as the financial hub of Europe? PXP Financial’s Group CEO, Koen Vanpraet, explains.
Recommended Reading
Jake Pollard explains to SBC why the betting industry should expect higher scrutiny on VIP player engagements and interactions, especially during a time of global crisis.

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Lottoland CEO Nigel Birrell speaks to CasinoBeats about how remote working is helping the company foster a new sense of unity.

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Payment Expert catches up with Jens Bader, the CEO of MuchBetter, to find out more about the evolving relationship between technology and the payments sector.

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SBC America’s very own Chris Murphy highlights how the gambling industry can overcome adversity, and why he’s certain it will bounce back after COVID-19.

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