Connect with us
European Gaming Congress 2024

Australia

Jumbo announces CFO transition

Published

on

jumbo-announces-cfo-transition
Reading Time: < 1 minute

 

Jumbo Interactive Limited announced that David Todd, the Company’s Chief Financial Officer (CFO) has advised the Board of his intention to resign due to unforeseen personal health reasons. David has been CFO of Jumbo for 16 years and will continue in the CFO role until a suitable replacement is appointed.

A comprehensive recruitment process is currently underway and will consider both internal and external candidates with the Board expecting to be in a position to announce the new CFO in the second quarter of FY24. Following the commencement of a new CFO, David will remain employed by Jumbo in an advisory capacity for as long as required to ensure a smooth transition to the new CFO.

Jumbo CEO and Founder Mike Veverka said “David has made an enormous contribution to Jumbo’s success over the past 16 years. He has played an integral role not only as CFO, but also as a valued member of the KMP, and the Jumbo family. His invaluable insights, incomparable work ethic, and unwavering commitment to the team are an inspiration to all of us. The Board, management team and all our people within Australia, Canada and the UK wish him and his family the very best for the future.”

Advertisement
Stake.com

“Dave continues to be supported by a high performing and experienced team, with key members of the finance leadership team having been in their roles for over 15 years. In true Dave-fashion, he has agreed to assist us to make sure the transition to the new CFO is as seamless as possible.”

 

Jumbo will deliver its full year 2023 result on 25 August 2023.

Australia

Alison Taylor to Speak at Regulating the Game 2025 in Sydney, Bringing Expertise in Ethical Business Practices

Published

on

alison-taylor-to-speak-at-regulating-the-game-2025-in-sydney,-bringing-expertise-in-ethical-business-practices
Reading Time: 2 minutes

 

The Regulating the Game conference has announced that Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems, will be a keynote speaker at its 2025 edition in Sydney. Her expertise in ethical business practices and her perspectives on navigating turbulent times are expected to add “significant” depth to this year’s event, according to organisers.

Alison Taylor is the author of the book Higher Ground: How Business Can Do the Right Thing in a Turbulent World, while her work at NYU Stern School of Business and Ethical Systems has positioned her as a leading voice in ethical business practices. Taylor’s insights on ethics and integrity in business have been “highly sought” after, said organisers, making her a “prominent” figure in both academic and professional circles.

Paul Newson, Principal at Vanguard Overwatch, expressed his enthusiasm about the lineup for the 5th edition of the conference: “With thought leaders like Alison Taylor sharing their unique perspectives, our attendees are guaranteed to gain invaluable insights and be deeply inspired.

Advertisement
Stake.com

“We have a history of delivering unmatched speaker line-ups and content, spanning critical themes and issues confronting regulators and the sector. It has become a must-attend event for regulatory and industry professionals and essential for operators committed to securing an innovative, thriving, and sustainable industry.”

“Our inaugural call for speakers is receiving strong interest and we encourage sector leaders, regulators, policymakers, manufacturers, compliance and forensic experts, industry professionals, clinicians, researchers, academics, and thought pioneers to apply to speak at the conference in March next year,” a press release noted.

Further, organisers added: “We believe it’s crucial for all stakeholders to engage and participate in the public square, contributing knowledge and insights, and hearing diverse perspectives to best inform public policy thinking and discussions. This engagement helps influence robust regulatory settings that deliver effective industry supervision while facilitating the conditions for a safer, invigorated, and sustainable sector.”

Registration for the conference opens in August.

The post Alison Taylor to Speak at Regulating the Game 2025 in Sydney, Bringing Expertise in Ethical Business Practices appeared first on European Gaming Industry News.

Advertisement
Stake.com
Continue Reading

Australia

Kayo in Breach of Gambling Advertising Laws

Published

on

kayo-in-breach-of-gambling-advertising-laws
Reading Time: < 1 minute

 

The Australian Communications and Media Authority (ACMA) has found that sports streaming service Kayo, provided by Hubbl Pty Limited (Hubbl), breached gambling advertising rules by presenting gambling advertisements during live sports events outside allowed times.

The ACMA investigated Hubbl following complaints from viewers relating to live streams of a number of sporting events on Kayo. Gambling advertisements must not be shown by online content providers during live sport events between 5 am and 8.30 pm, including in the five minutes before and after the event.

The ACMA’s investigations identified 16 different gambling advertisements were provided outside the allowed times across a total of 267 live sport events. Hubbl said that this was caused by a system error that affected viewers using iOS applications in a six week period over February and March 2023.

Advertisement
Stake.com

ACMA Authority member Carolyn Lidgerwood said the scale of the error as well as Hubbl’s failure to identify a system bug affecting the playout of gambling ads across a large number of live sport events was very concerning.

“Online streaming services as well as broadcasters all have a responsibility to put robust systems in place so that they adhere to these long-standing gambling advertising rules,” Ms Lidgerwood said.

“The rules are there to reduce viewer exposure to gambling ads, particularly for impressionable young audiences and those vulnerable to gambling harms. In this case Hubbl has let those viewers down.”

The ACMA has issued Hubbl with a remedial direction requiring it to arrange an external audit of its technical systems and processes, including the measures that it has implemented subsequent to the breaches.

If Hubbl fails to comply with the terms of the remedial direction it may be ordered by the Federal Court to pay penalties of up to $626,000 per day.

Advertisement
Stake.com

The post Kayo in Breach of Gambling Advertising Laws appeared first on European Gaming Industry News.

Continue Reading

Australia

ACMA Blocks More Illegal Offshore Gambling Websites

Published

on

acma-blocks-more-illegal-offshore-gambling-websites
Reading Time: < 1 minute

 

The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) to block more illegal offshore gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.

The latest sites blocked include A Big Candy, Jackpoty and John Vegas Casino.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 995 illegal gambling and affiliate websites have been blocked.

Advertisement
Stake.com

Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.

The post ACMA Blocks More Illegal Offshore Gambling Websites appeared first on European Gaming Industry News.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania