SBC Weekly Digest 13/09
Good week for...
THAILAND LEGISLATION
There were long-awaited developments in one of the most anticipated new global markets as new Thai Prime Minister Paetongtarn Shinawatra backed plans for a myriad of casinos in the country.
FLUTTER
Flutter Entertainment has secured a leading position in yet another major market by buying a 56% stake in Brazilian firm NSX Group.
Bad week for...
CHINESE FOOTBALL Massachusetts regulators have indefinitely suspended betting overseen by the Chinese Football Association following a match-fixing scandal and lifetime bans for 43 individuals.
INDIAN IGAMING
Online gambling providers in India were once again left discouraged after the 54th Goods and Services Tax Council concluded with no changes made to the 28% GST levy.
QUOTE OF THE WEEK
“It would be wise for Finnish regulators to take learnings from neighbouring markets and forecast the impact their framework might have in the first six months of its enforcement. While I’d prefer not to comment on Sweden’s market, we have seen the impact of overly strict regulations in the past.”
Playson’s Christos Zoulianitis provided a warning to regulators in Finland in the latest edition of CasinoBeats’ countrywatch series.
NUMBERS GAME
60%
UK Gambling Commission data showed that 60% of people aged 45 to 54 years old gambled in the previous four weeks, the highest rate per age demographic.
£113.2m
English football giants Manchester United reported record revenue of £661.8m for the 2024 fiscal year, though the club also incurred net losses of £113.2m.
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£130m
Wynn Las Vegas has agreed to pay $130.1m in a non-prosecution deal with US authorities over allegations of conspiring with unlicensed money transmitters worldwide.
€602m
Sweden’s regulator Spelinspektionen has revealed that the local market reached a total GGR of SEK 6.89bn (€602m) in Q2 2024.
VIDEO OF THE WEEK
Valerie Spicer, Founding Partner at Trilogy Group, outlines how Arizona’s betting market has developed since regulation, sharing particular insights on the state’s tribal gaming sector.
Recommended Reading
CasinoBeats took a closer analysis of how the industry can maximise the diverse audience of streamers, with ELA Games’ David Fall.
Velocity and efficiency of payments are top decision makers for consumers, Filippos Antonopoulos, Founder and CEO of OKTO, explains.
Taking a nod from the UK market, The Safe Bet Act in the US could signal a shift in regulatory frameworks.
Vanda Silva, Chief Commercial Officer at Clever Advertising, takes a deep dive into the European market and explains why it is a “goldmine” for operators, suppliers, and affiliates alike.
SBC NOTICIAS
Federico Rodríguez Aguiar, analista en Marketing y Consultor de Uruguay, realizó una columna exclusiva para SBC Noticias sobre el mercado general y las regulaciones de Latinoamérica, que contribuirían al juego responsable.
A poco más de seis semanas de SBC Summit Latinoamérica, hablamos con uno de los principales líderes de la industria de Perú, Gonzalo Pérez, CEO de Apuesta Total, sobre la nueva regulación del mercado.