Industry News
ICE London, Martin (SKS365) about italian market: “It is in times of difficulty that it is even more important to find one’s identity and values again”
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SKS365’s new CEO: “Italy can return to being that European regulatory model with the support of operators and legislators. The risk of demonizing a sector is losing credibility especially at an international level”
“What has been happening in Italy since last summer in gaming and betting market brings with it an important message, that we must transmit from Italy to the international industry: prohibiting a habit does not cancel it, keeping silent a problem does not solve it, breaking down a sector does not regulate it – said Alexander Martin, the new CEO of SKS365, at Country Briefing panel ‘Italian gambling advertising ban – Why is it a “losing game”?’ by LOGICO – “Worse is when these decisions not only do not constitute a solution, but configure another problem: disinformation and disorientation towards the customer, the difficulty of understanding what is legal and what is not. Operators, consumers, media, the State itself, all have been affected by what is known as AD BAN, which has been discussed and written so much since before it came into force. The Italian case is a warning to everyone on how two delicate and important problems such as pathological gambling and criminal infiltrations in the sector should not be addressed. It is not about money or business – continued Martin, named CEO at SKS365 last December – But about ethics and professionalism of a sector that, in recent years above all, has perfected itself to become an ally of Institutions, Authorities and Police Forces in reporting offenses and malfeasance, as well as first promoter responsible gaming as a pure form of entertainment and fun. We must work together in order to spread a culture of responsible gaming, a necessary condition first in the fight against pathological behaviour. Therefore, it is essential to have a constructive dialogue between all the actors involved in order to harmonize the legislation and comply with international standards, to balance the protection needs of order and public health with the necessary survival of the Italian gaming sector.”
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
Industry News
Super Group Appoints Merrick Wolman to its Board of Directors
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Super Group has appointed Merrick Wolman to its Board of Directors, effective from February 18, 2025.
Mr. Wolman is the Chief Executive Officer of a global finance company and has worked closely with the Super Group executive team for over two decades.
Neal Menashe, Chief Executive Officer of Super Group, said: “We are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.”
This appointment brings the total directors on Super Group’s board to nine, including five independent directors.
The post Super Group Appoints Merrick Wolman to its Board of Directors appeared first on European Gaming Industry News.
Industry News
Kindred Reports Decline in Revenue from High-risk Players for Q4 2024
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Kindred Group has reported decline in its share of revenue from high-risk players for the fourth quarter 2024 at 2.7% (Q3 2024 3.2%). The percentage of detected customers who exhibited improved behaviour after interventions showed an improvement at 92.2% (compared to 87.3% in Q3 2024). This positive trend is mainly the result of stricter measures across key markets, improved internal processes, as well as the exit from non-locally licensed markets as part of to the acquisition by La Française des Jeux (FDJ) in October 2024. This shift reflects Kindred’s broader commitment to maintaining high regulatory standards and fostering safer gambling practices.
“It is pleasing to see the decline in high-risk revenue during the fourth quarter of last year. We know that the share fluctuates between quarters, but the long-term trend is showing a steady decline. We remain dedicated and focused on improving our systems and processes to ensure we offer our customers a safe and fun experience,” Esther Scheepers, Head of Responsible Gambling at Kindred Group, said.
“The increased focus on responsible gambling by regulators and the industry is welcomed. From our end, we see that by combining our expertise with emerging technologies, we can further enhance detection capabilities. We are currently working on our existing detection system in combination with an additional system that will enable us to integrate more robust compliance features and optimize our overall approach to safer gambling. Furthermore, we are exploring opportunities to expand our research efforts, aiming to support data-driven discussions and looking at emerging trends in consumer protection. All these aspects are important to protect the integrity of the licence model and maintain a level playing field,” Esther Scheepers added.
The post Kindred Reports Decline in Revenue from High-risk Players for Q4 2024 appeared first on European Gaming Industry News.
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