BP sells stake in Pan Am for $7bn to Bridas

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com Share KCS-content Sunday 28 November 2010 9:56 pm whatsapp Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald BP YESTERDAY said it had agreed to sell its stake in Argentina-based oil and gas group Pan American Energy (PAE) to Bridas Corp, half-owned by China’s CNOOC, for $7bn (£4.5bn), as it raises cash to pay for the Gulf oil spill.The planned sale of the 60 per cent interest, which sources previously said was under discussion and which was for a price in line with analysts’ estimates, brings to $2bn the amount that BP has raised, or agreed sales on, in recent months.BP has said it expects the costs of the Gulf of Mexico oil spill — the United States’ worst ever — to hit $40bn and said it would sell assets worth $25-$30bn by the end of next year to pay for it.Bridas already owns a 40 per cent stake in Pan American Energy, which BP said was Argentina’s second-largest producer of oil and gas.Bridas was owned entirely by the family of Argentine tycoon Carlos Bulgheroni until CNOOC agreed to buy a 50 per cent stake for $3.1bn in March.The 60 per cent stake BP is selling represents reserves of 917m barrels of oil equivalent (boe) and production of 143,000 boe per day.US oil major Exxon Mobil Corp is seeking to sell its Argentine unit Esso, which controls hundreds of service stations and a refinery.“Today’s agreement demonstrates both the high quality and attractiveness of the assets throughout BP’s global portfolio and also the company’s ability to meet our significant financial commitments arising from the Gulf of Mexico tragedy,” Bob Dudley, BP’s chief executive, said. BP sells stake in Pan Am for $7bn to Bridas Tags: NULLlast_img read more

Read More

Eurozone industry rebounds

first_img Eurozone industry rebounds EUROZONE industrial production rebounded in October, driven upwards by a resurgent Germany, official data revealed yesterday.After a decline the previous month, production sprung back with a 0.7 per cent increase across the single currency area.Compared to the same time in 2009, industry expanded by 6.9 per cent, according to the Eurostat office.Yet growth was lower than expected by economists. And the Eurozone remains reliant on strong core economies, as the troubled periphery stalls recovery.“The German industrial sector very much led the way for the Eurozone, markedly out performing most other countries,” said Howard Archer of IHS Global Insight.Industrial production contracted in Greece (-4.6 per cent), Portugal (-2.8 per cent) and Spain (-1.9 per cent) from the previous year.Meanwhile, Ireland’s production fell by 4.8 per cent compared to September, as the crisis grew in the run up to last month’s €85bn (£72bn) bailout. Germany recorded a 12.1 per cent increase on the previous year, and was boosted by another rise in business morale, as the ZEW Indicator of Economic Sentiment climbed 2.5 points on November. The survey measures the expectations of investors, with more anticipating an improvement in business conditions (than those expecting a deterioration) over the next six months.In neighbouring France, new inflation figures showed consumer prices rising by 0.1 per cent in November. Year-on-year consumer price index (CPI) inflation stands at 1.6 per cent.Eurozone inflation figures are expected tomorrow. Share whatsapp whatsapp Show Comments ▼ Tags: NULL Tuesday 14 December 2010 9:06 pm KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wraplast_img read more

Read More

Portmeirion in royal boost

first_imgWednesday 15 December 2010 7:56 pm Portmeirion in royal boost Tags: NULL Show Comments ▼ whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndocenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content whatsapp Shares in Portmeirion hit a 13-year high yesterday as the pottery manufacturer said it would smash profit forecasts for this year and expected to launch 250 new products in 2011, including a range of Royal Wedding items. Chairman Dick Steele said export sales to the US, Korea, Canada and Italy had been strong. Portmeirion bought Spode and Royal Worcester from their administrators for £3.2m just under two years ago and has performed well in the US. last_img read more

Read More

Aviva puts RAC arm up for sale

first_img ROADSIDE rescue business RAC has been put up for sale by its insurance owner Aviva as it divests non-core parts of the company. The RAC’s value has been placed at about £600-700m, just over half the £1.1bn Aviva paid for it in 2005, after a series of sell-offs of its parts, including the BSM driving school. At Aviva’s results presentation earlier this month, chief executive Andrew Moss said it would sell non-core assets this year to focus on 12 key markets. JP Morgan is the bank believed to have been appointed to sell the business. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald KCS-content Share whatsapp Tags: NULL Aviva puts RAC arm up for sale center_img Show Comments ▼ Thursday 24 March 2011 9:34 pm whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

Read More

BTG sees full-year results in line

first_imgTuesday 5 April 2011 7:41 pm Specialist healthcare company BTG has said results for the year ending March will be in line with their previous guidance. Revenue is predicted to fall between the range of £108m to £114m with recurring revenue accounting for around £98m to £102m of that. The market consensus for 2010-11 is £110m. The group added integration of the biocompatibles business it bought in January is in line to meet the targeted cost saving of £3m. Tags: NULL Show Comments ▼ Share KCS-content center_img BTG sees full-year results in line by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

Read More

The next phase of lottery delivery

first_img On the back of last year’s announcement from Ontario Lottery and Gaming, Bede discusses the opportunities and challenges facing the vertical The next phase of lottery delivery Topics: Lottery Lottery betting Lottery 13th June 2019 | By Josephine Watson Alistair Boston-Smith is chief strategy officer at Bede Gaming. He joined in 2015 and is responsible for defining Bede’s business strategy, winning new business and using market insight to create new business units. He was previously corporate development director at GAN (taking the company public and securing $37m in funding, and owning the US market entry strategy) and head of gaming at Sportingbet plc (responsible for $100m revenue across 25+ markets).One year ago Ontario Lottery and Gaming (OLG) initiated a new phase in its strategy to improve customer experience. A key part of this strategy is digital transformation, with a desire to improve their ability to deliver to and support customers.They recognised that their digital platform should be core to this, and Bede won out a competitive procurement to meet their needs. We spoke with Alistair Boston-Smith, chief strategy officer at Bede to discuss the company’s approach to the lottery vertical and partnership with OLG.Boston-Smith says OLG has the potential and appetite to create a world leading digital experience for Ontarians, and that Bede are working with OLG to deliver a great solution and to transform their digital prospects.Currently, he notes, players cannot register on mobile in Ontario: “When you consider 70% of players use mobile in Europe, this is a challenge.”On the gaming side of things, OLG has two content providers – IGT and SG Digital. Boston-Smith comments: “This gives them access to 180 slots, but again when this is compared to the volume in Europe, it’s a small, slow flow of content. Our role then is one of filling in the gaps.”The platform will allow OLG to add new games, improve their online offering and enable mobile responsiveness. Additionally, it will enhance OLG’s existing digital capabilities, as well as building in responsible gambling options for players in full compliance with the Alcohol and Gaming Commission of Ontario (AGCO). Private vs. LotteryWith the Ontario government set to go ahead with plans to open up the province to private operators, Boston-Smith says Bede would welcome the change.“Those operating in grey markets will be forced to exit the market in order to seek licenses, creating a more clean, open market. OLG has great brand recognition, and with people recognising how much OLG contributes to good causes in Ontario, it is a brand that they trust. No other brand can compete with that.”Single event wagering could be a game changer too, says Boston-Smith: “We’ve seen this in Europe and other markets. It’s the biggest thing grey market operators can’t do. Single event wagering would create an even playing field for sports betting.”He says on the technical side, the implementation of a new online platform for a lottery operator compared to a roll-out for a private operator is quite similar: “The key difference, of course, is the government as the key shareholder in crown organisations.“You have to build a good relationship with these government bodies and regulators.”From configuration to migration and user experience, Boston-Smith says that building and integrating a platform is no easy feat. The future of lotteryBoston-Smith says there is still plenty of room for further growth for lottery: “There’s a lot of commonality between land-based and lottery, and they face the same challenges.“The challenge for everyone is creating exciting, fun and responsible entertainment to engage younger audiences. Lotteries have the unique benefit of being trusted and brand advocacy is of critical importance in today’s world.”In his view, the biggest problem facing lotteries is a longstanding one of customer visibility before online lotteries: “The majority of purchases are done via retail, and are therefore largely anonymous. We are looking at how we can capture this data, how we can create membered players and how we can use and drive loyalty.”Lottery has also historically been light on innovation, however there is lots of opportunity for this, says Boston-Smith.On the one hand, the attraction has always been the chance to win a life changing amount of money, but this can feel inaccessible to the majority of the population. You need to have a balanced offering that appeals to all types of players.”He continues, saying innovation does not have to mean technology, but rather about not resting on laurels: “Innovation won’t come through creating five new lottery game types, but making choices based on player experience, reducing friction and removing barriers to player acquisition.”Regarding the core lottery product, he says operators can take a leaf from the bingo vertical, leveraging small jackpots, side games, community play and aspects of social gaming. He explains: “I don’t think lotteries are broken. Yes, some states and countries are seeing difficulties in growth. Some lotteries have very few personnel though, and are often predominantly supplier/partner driven.”“We’re really lucky – OLG wanted a platform partner who was a digital leader, who was opinionated and who would work hand in hand to deliver excellence. Lotteries have to find digital suppliers who will be true partners to them over their lifetime.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

Read More

Italian lockdown leaves gaming sector facing uncertain times

first_img10th March 2020 | By contenteditor Subscribe to the iGaming newsletter Email Address Regions: Europe Southern Europe Italy Italian lockdown leaves gaming sector facing uncertain times The Italian government’s decision to effectively put the country into lockdown in a bid to stop the spread of novel coronavirus (Covid-19) looks set to have a major impact on Italy’s retail gambling sector, industry observers have noted, though the extent is yet to be determined.The measures brought into effect yesterday (10 March) will see betting shops, arcades and bingo halls across the country closed until 3 April, alongside cinemas, theatres, gyms, discos and pubs.There is also a moratorium on public events such as weddings and funerals, and more pertinently for the gambling industry, sporting events including the country’s top football division Serie A. The government is also advising citizens to avoid all but essential travel.However, this does not mean a total shut-down of the retail gambling industry, according to Alessio Crisantemi of Gioconews.it. He pointed out that amusement with prizes (AWP) machines installed in venues such as bars, tobacconists, restaurants and hotels are still active, provided operators can ensure a distance of at least one metre between patrons. This is also the case for betting kiosks found in tobacconists.These venues will be subject to stricter opening hours, between 6AM and 6PM.However, Crisantemi added, there were “interpretative doubts” as as to whether venues such as bars, tobacconists or restaurants that host separate rooms for gaming devices can remain open.While they are technically not considered ‘gaming halls’, as they offer gambling within a different type of establishment, they could be classed as such and therefore face closure under the lockdown decree.Private clubs, in which gambling is ancillary to the main activities, may remain open, but again there is uncertainty over whether they should be closed to avoid public gathering that could result in transmission of the virus, he added.The impact on the country’s igaming market is yet to be seen, though several businesses have already spoken out to say it was likely to be used to offset a lack of retail revenue.When it announced the shut-down of its Snaitech betting shop estate earlier today, Playtech said that it hoped the brand’s online operation would at least mitigate in part the retail closures.iGaming software supplier Gan, meanwhile, released an update earlier today revealing that it had processed in excess of 306m online bets in Italy for the year to date. This represents an 8.4% year-on-year rise from the same period in 2019.After certain restrictions to halt the spread of the virus were implemented from 23 February, it had seen a 13.9% rise in bets processed via its platform over the fortnight that followed, with these trends continuing into March.Despite the supplier’s exposure to the Italian market, investor confidence does not appear to have been badly hit, with its shares trading up 6.61% at 141.79 pence per share in London this morning (10 March).On the other hand, Newgioco, the supplier that runs around 2,010 internet cafes offering sports betting in the country, saw its share price close down 18.52% at USD$2.20 per share in New York on 9 March. It is yet to comment on the Italian shut-down.Earlier in March, industry analsyts H2 Gambling Capital estimated that a worst case scenario could lead to an 8% year-on-year decline in global gambling revenue in 2020. Based on the shut-down of activity in China and its autonomous regions, coupled with quarantine protocols in the likes of Hong Kong, Italy, Japan, Malaysia and South Korea, the industry is facing a decline of at least 1% for the year, or 4.8% below H2’s original 2020 forecast of $475bn.This, however, could worsen, as it does not include downgrades to H2’s revenue forecasts for other markets.  The Italian government’s decision to effectively put the country into lockdown in a bid to stop the spread of novel coronavirus (Covid-19) has the potential to have a major impact on Italy’s retail gambling sector, industry observers have noted. Tags: Mobile Online Gambling OTB and Betting Shops Topics: Casino & games People Sports betting Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Read More

Kindred launches drive to reduce environmental impact

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Kindred launches drive to reduce environmental impact By 2023, Kindred aims to reduce 85% of absolute direct and indirect greenhouse gas emissions from a 2018 base year. The group also aims to reduce 30% of business travels by 2023, also from a 2018 base year. To be compliant with the Greenhouse Gas Protocol Corporate Standard, Kindred reports annual emissions and its environmental impact through the Carbon Discloure Project and the annual Sustainability Report. Tags: Kindred Group Unibet “Our science-based carbon-reduction targets focus on cutting carbon emissions across our data centres, offices and business travel activities. The pledges come two years after Kindred said it will source 100% renewable electricity by 2023. Kindred Group has vowed to cut business travel by almost a third after announcing it has aligned its energy targets with the Paris Agreement on climate change. Companies: Kindred Group CSR “They are also linked to our 2023 ambition to procure 100 per cent of our electricity from renewable sources of energy where we can.”                             Subscribe to the iGaming newsletter Topics: Social responsibility CSR “We know that businesses have an important role to play in fighting climate change and we are committed to doing our bit for the planet,” Kindred chief executive Henrik Tjärnström said. The Unibet owner said its targets will be in line with the goal of limiting global temperature rise to below 2°C, with an ambition to limit it further to below 1.5°C. 8th October 2020 | By Richard Mulligan Email Addresslast_img read more

Read More

Betfred scores partnerships with England’s rugby league teams

first_img Email Address Regions: UK & Ireland Subscribe to the iGaming newsletter Marketing Betfred scores partnerships with England’s rugby league teams AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Betfred’s logo will appear on the lower back of the jerseys of all three England teams throughout 2021. The agreement will see Betfred become a partner of England’s men’s, women’s and wheelchair teams for the 2021 tournament, which is set to take place in England from 23 October to 27 November. Topics: Marketing & affiliates Marketingcenter_img 17th December 2020 | By Robert Fletcher “It’s such an exciting time for our men’s, women’s and wheelchair teams as they prepare to play World Cups on home soil.” “Following our very successful association with Rugby League at all levels in recent years, Betfred are delighted to become an official partner of the England men’s, women’s and wheelchair teams for the Rugby League World Cup in 2021,” Betfred boss Fred Done said. The operator has a long-term affiliation with rugby league in England, having served as title sponsor of the Super League since 2017, while it also has deals in place with the Championship, League 1 and the Women’s Super League. Gambling operator Betfred has agreed a deal to become an official partner of all three England national rugby league teams, ahead of next year’s World Cup. Tags: Betfred Rugby League English Rugby Football League chief commercial officer Mark Foster added: “Betfred have been outstanding sponsors for Rugby League for the last four years, and it’s fantastic that they will now extend that support to our England teams in 2021.last_img read more

Read More

Danish High Court upholds blocking of unlicensed gaming sites

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Compliance Legal Licensing Regulation During the hearing on 2 March, the regulator was able to prove that all of the sites had been offering games in Denmark without a licence and were therefore in breach of national regulations. Danish High Court upholds blocking of unlicensed gaming sites Regions: Europe Nordics Denmark The High Court of Eastern Denmark has upheld a ruling from the Copenhagen City Court from 2 March, to block 55 unlicensed gambling websites following a request from the country’s regulator, Spillemyndigheden. However, the decision was upheld by the High Court, meaning the case is now closed and the 55 web pages remain blocked. Subscribe to the iGaming newsletter Internet providers appealed the ruling from Copenhagen City Court, as they claimed that a website could only be blocked if the regulator could prove that Danish customers had actually played on the site in question. Email Address Among the sites blocked were Easybet.com, Slotjoint.com and KingBillyCasino.com. Meanwhile, 23 of the sites were in the esports skin betting category. The case represents the highest single incidence of website blocking by the regulator since it began blocking websites in 2012. Tags: Spillemyndigheden High Court of Eastern Denmark The sites were divided into five categories by the regulator; online casino; online casino and lottery; online casino and online betting; online casino, lottery and online betting; and skin betting. Legal & compliance 28th May 2021 | By Conor Mulheir Spillemyndigheden initially ordered the websites in question to halt operations, but took the case to court after they failed to do so.last_img read more

Read More