Ted Menmuir

United Kingdom

Content Director at SBC NEWS

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Articles

Belgian football clubs face crackdown on gambling sponsorships

2 months ago | insidersport.com | Ted Menmuir

Belgian football clubs must fully comply with new rules banning betting and gambling sponsors from being displayed to audiences. The Kansspelcommissie, Belgium’s Gambling Commission, has issued direct warnings to Pro League clubs RSC Anderlecht and Club Brugge FC. Both clubs are now under scrutiny and could face heavy fines for violating new laws introduced on 1 January 2025. Since 2023, Belgium has rolled out strict advertising reforms under former Justice Minister Vincent Van Quickenborne.
Allwyn chasing sports pole position with F1 sponsorship deal

2 months ago | insidersport.com | Ted Menmuir

Allwyn International has announced a multi-year global partnership with Formula 1, marking its largest sponsorship investment to date. The partnership will commence ahead of the FIA F1 World Championship at the Melbourne Grand Prix on 14 March. This agreement is a strategic move for Allwyn, a leading multinational lottery operator managing the UK National Lottery, Lotto Italia, Austria’s Lotterien, and the SAZKA lottery in the Czech Republic.
KSA: No loopholes for Dutch gambling sponsorship ban from 1 July

2 months ago | sbcnews.co.uk | Ted Menmuir

The Kansspelautoriteit (KSA), the Gambling Authority of the Netherlands, has stated that it will not allow operators and sports clubs to circumvent rules regarding the forthcoming ban on gambling sponsorships. The message came from KSA Chairman Michel Groothuizen, who was interviewed by Dutch news channel NOS.
IRPF tax guidelines clarify rules on online gambling winnings in Brazil

2 months ago | insidersport.com | Ted Menmuir

The Federal Revenue Service of Brazil (Receita Federal) has implemented new Personal Income Tax (IRPF) guidelines to regulate the taxation of winnings from online gambling and sports betting. The updates aim to streamline tax collection, eliminate ambiguities in previous legislation, and align with the launch of the regulated Bets market on 1 January 2025.
Player taxes on Brazil Bets make a distinction on licensed & unlicensed winnings

2 months ago | sbcnews.co.uk | Ted Menmuir

Guidelines on Personal Income Tax (IRPF) have been updated for Brazilian citizens to register prizes and winnings from online gambling and sports betting activities. Receita Federal, the Federal Revenue Service of Brazil, has updated articles of its “General Coordination of Taxation” to include new provisions for consumers to declare profits/winnings generated from online gambling.
Serbia orders compliance sweep on local gambling venues

Jan 24, 2025 | sbcnews.co.uk | Ted Menmuir

Municipalities and administrative districts across Serbia have been instructed to enforce new laws and standards for gambling venues and franchises. This directive follows the fast-tracking of new “protective amendments” approved by parliament under the Law on Games of Chance of the Republic of Serbia (2011).
NOGA ends Eric Konings interim assignment as 'strategic reorientation' ends

Jan 24, 2025 | sbcnews.co.uk | Ted Menmuir

Eric Konings has announced his forthcoming departure as Interim Director of NOGA, the Netherlands Online Gambling Association. Writing on LinkedIn, Konings confirmed that he would be leaving the Dutch trade body during the first quarter of 2025. The decision comes as NOGA’s board has progressed with its ‘strategic reorientation’, during which it will announce leadership changes and a new strategy to better promote and represent the interests of online gambling in the Netherlands.
Genius Sports: Betting on omnichannel marketing

Jan 17, 2025 | sbcnews.co.uk | Ted Menmuir

Josh Linforth, Chief Revenue Officer at Genius Sports, tells SBC why marketing teams should continue embracing omnichannel strategies as the best way to engage iGaming customers across multiple platforms. An omnichannel focus is essential in markets such as Brazil, where targeted 360-degree campaigns are crucial for standing out from the competition.
Evoke hits EBITDA target as 2024 lands "ahead of expectations"

Jan 17, 2025 | sbcnews.co.uk | Ted Menmuir

Evoke Plc has benefited from strong year-end trading, as the LSE gambling group expects its full-year EBITDA to be at the top end of the guidance range of £300m-to-£310m, a result deemed by leadership as “ahead of expectations“. A post-close trading update for Q4 noted that Evoke had generated approximately 12-13% revenue growth on year-on-year comparatives.
Genius Sports reaffirms 2024 guidance and cashflow positive NYSE status

Jan 16, 2025 | sbcnews.co.uk | Ted Menmuir

Genius Sports has reaffirmed its 2024 full-year guidance, achieving its IPO objective of generating positive cash flow on the NYSE. The company expects revenues of $511m and an adjusted EBITDA of $86m, exceeding its earlier Q1 guidance of $480m in revenues and $75m in adjusted EBITDA. Genius Sports has strengthened its position in the US market by renewing contracts with leading sportsbook operators FanDuel and DraftKings on improved terms.