The SBC Weekly Digest for 08/05/20

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

Good week for…
LEOVEGAS

LeoVegas AB reported a strong opening to 2020 trading, attributing growth in revenues to a structural shift to online gaming.

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BUNDESLIGA

The Bundesliga has been given the green light to resume in mid-May, with matches due to take place behind closed doors.

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Bad week for…
FSB

FSB has been ordered to pay £600,000 by the UKGC after the regulator identified failings relating to its partner practices and operations.

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YOUSSEF HOSSAM

Youssef Hossam was issued with a lifetime ban from professional tennis by the Tennis Integrity Unit following his conviction on multiple match-fixing and associated corruption charges.

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QUOTE OF THE WEEK
“@2x
“In times like these, it is more important than ever to show flexibility and fresh thinking, to consider other areas of business and develop those that have not previously been a priority.”

Max Dubossarsky, Chief Operating Officer of Betinvest, explained the ways that they are dealing with the global crisis.

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NUMBERS GAME
£25m
A £25m investment from Betfred co-founder Fred Done has helped Andrew Daniels, Founder of Degree 53, to launch Sharp Gaming.

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42.3%
Wynn Resorts’ revenues have taken a hit as a result of the coronavirus pandemic, reporting a 42.3% drop in operating revenues for Q1.

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5
Payment Expert picked out 5 key things addressed by panellists during the Banking in Crisis session at SBC Digital Summit

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$1.1m
QL Gaming Group received an additional $1.1m in venture funding, and completed its acquisition of sports forecasting specialist Accuscore.

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VIDEO OF THE WEEK
SBC Digital Summit
Here are some of the highlights from last week’s Digital Marketing track at the SBC Digital Summit.
Recommended Reading
GVC’s Director of Regulatory Affairs Martin Lycka writes in his SBC Diary about the events of a world-changing April 2020.

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Insider Sport spoke with Dave McDowell about how FSB responded to the lack of sports by creating the Remote Darts League.

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CEO and founder of Casino Hacks, Clas Dahlén, discussed their launch and how the online casino affiliate will deliver a higher standard of entertainment.

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Simon Wilson, Director of Payment Solutions at Icon Solutions, spoke to Payment Expert about the significant impact the current crisis has had on the banking sector.

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Sports Betting Community Ltd, Riverbank House, 1 Putney Bridge Approach, Putney, London SW6 3JD, United Kingdom

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