SBC NEWS

At SBC, we offer a wide range of news and resources focused on betting. We also host industry events like London Baby! and the SBC Socials. We have recently revamped our betting and gaming news website, sbcnews.co.uk, where you can access top insights into the sports betting and igaming sectors.

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UKGC hits Spreadex with £2m fine over AML failures

3 weeks ago | sbcnews.co.uk | Ted Menmuir

The UK Gambling Commission (UKGC) has issued Spreadex Limited a £2m penalty due to failings in anti-money laundering (AML) procedures and social responsibility safeguards uncovered on the Spreadex.com platform. The fine is in lieu of a compliance assessment undertaken in July 2023, which exposed lapses across customer due diligence and harm prevention protocols.
Rank Group reaps early benefits of DCMS casino drafts

3 weeks ago | sbcnews.co.uk | Viktor Kayed

LSE gusts have lifted Rank Group’s share prices in wake of new land-based casino draft reforms proposed by the UK policymakers. The Grosvenor Casino operator saw its share price on the London Stock Exchange (LSE) grow almost 6% in the early hours of this morning, 14 May, in an encouraging sign for the wider brick-and-mortar sector as we see it slowly losing ground to iGaming.
BGC advises caution on new unified tax regime

1 month ago | sbcnews.co.uk | Viktor Kayed

Grainne Hurst, CEO of the Betting and Gaming Council (BGC), has cautioned against the government’s planned single taxation regime. Yesterday, 28 April, the government launched consultations on an updated ‘single online gambling duty’, running for 12 weeks through 21 July. The new tax treatment looks to revise existing remote gambling duties given the rise in customer engagement with online gambling and its annual generated GGY of £6.9bn.
BETBY continues esports focus with latest CS2 league launch

2 months ago | sbcnews.co.uk | Jessie Sale

BETBY has launched a custom-made Counter-Strike 2 (CS2) league exclusively for CSGOEmpire.
KSA: No loopholes for Dutch gambling sponsorship ban from 1 July

Jan 28, 2025 | 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.
Soft2Bet gets DGOJ greenlight for Spain igaming entry

Jan 28, 2025 | sbcnews.co.uk | Viktor Kayed

Soft2Bet has received a license from the General Directorate of Gambling Regulation (DGOJ), granting it access to the Spanish market. With the certification, the igaming provider will get the chance to expand significantly into the country and enhance the experience of local players, offering casino products in full compliance with the local online gaming regulations.
Player taxes on Brazil Bets make a distinction on licensed & unlicensed winnings

Jan 27, 2025 | 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.
Scientific Games wins tender for seven-year contract with Berlin lottery

Jan 24, 2025 | sbcnews.co.uk | Viktor Kayed

Scientific Games (SG) will power the Deutsche Klassenlotterie Berlin’s (DKLB) retail and digital lottery sales in a new seven-year contract. Under the deal’s terms, SG will supply the lottery with its SYMPHONY gaming system that combines retail, digital, mobile and future game entertainment channels, including third-party content and platforms. The seven years build on the already long-lasting partnership between Scientific Games and DKLB which spans more than two decades.
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).
Delasport integrates sports betting solution with ProgressPlay

Jan 24, 2025 | sbcnews.co.uk | Jessie Sale

Igaming and sports betting solutions provider Delasport has integrated its offerings with ProgressPlay. The partnership will see ProgressPlay provide operator partners with its sports betting solution in the UK and beyond. Rosaire Cavallaro, VP of business development at Delasport, commented: “We are happy with expanding our partnership further with ProgressPlay and to be live with them soon in the UK as well.