Belgium’s Royal Antwerp scores BetFirst deal despite proposed ad ban

The five-year deal will come into effect from the 2022-23 season, which kicks off this month.

BetFirst will serve as the main front-of-shirt-sponsor for Royal Antwerp, while the operator will also support the club with its social and local community initiatives.

“We are extremely proud to have achieved one of the biggest sponsorship deals in the club’s history with BetFirst,” Royal Antwerp chief operations officer Dirk Van Oekelen said. “We are excited to introduce our Red and White community to the different aspects of this unique partnership.”

BetFirst chief marketing officer Timothy Mastelinck added: “We think it is only logical to invest in sport and its role in society, so that we all contribute to qualitative and honest sports competitions. The choice for RAFC was logical: there was an immediate click from the first moment. 

“Just like us, the club wants to take its social responsibility and do more than what is strictly expected of it. We are therefore happy to contribute as a founding partner to the community activities of the club.”

The deal comes after Belgian Justice Minister Vincent Van Quickenborne in May announced proposals for an outright ban on all forms of gambling advertising in the country.

The ban would apply to advertisements for all games of chance currently available legally in Belgium across online and land-based facilities, with the exception of the country’s National Lottery.

The proposal was met with heavy criticism from local operator association Bago, which said the ban would not benefit the consumer and instead make it more difficult for players to distinguish between legal and illegal operators.

Referencing the proposed ban, Mastelinck said the new sponsor deal was completed before the Minister announced details of the plan. 

“The deal came after extensive consultation and research into our collaboration,” Mastelinck said. “In 2011, it was decided to regulate the gaming market, with a clear duty of care towards the consumer. This cooperation model with social projects is the way to sustainable long-term sponsoring. 

“A total ban on this kind of sponsorship would be detrimental to football, but also many other sports. In Italy, the illegal gambling sector has grown by as much as 50% since a total ban was introduced in 2019. In illegality, unfortunately, there is no protection for problem gamblers. 

“A ban will probably make the problem bigger instead of smaller.”

Internet Vikings names Vikström as new CEO

Vikström, who officially began his new role on 1 July, helped found the business in 2008 and has served on the Internet Vikings board.

Aside from his work with the business, Vikström also founded Domain Crawler, a spin-off from Internet Vikings, as well as IT security company Holm Securit, drop catching service Snapback and business information portal Kortea.

Vikström is also a former board member at Aplexa and Speqta, while he spent time as chair of the Polar Bear Group.

He will replace Peter Ekmark, who had served as the CEO of Internet Vikings since October 2019, following a spell as director business development for William Hill.

“Currently, Internet Vikings is one of the fastest growing B2B companies in the sector, and I intend to keep this pace,” Vikström said. “I would like to thank my predecessor, Peter, for all the amazing work he has done with the company’s transition over the past three years. 

“We truly appreciate his input. Peter will continue to contribute to Internet VIkings’ global mission by joining the board of directors.”

Ekmark added: “I am convinced that I could not be leaving the company in more capable hands. Rickard possesses all the right skills to take the Vikings to the next level, becoming the best hosting provider for the igaming and sports betting industry. 

“His appointment will further boost the company’s growth strategy as it continues to deliver the best hosting experience.”

Romanian government publishes plan for 40% tax on withdrawals

The new code was published by the Ministry of Finance, and contains updates to the country’s tax laws. 

Previously, gambling withdrawals in Romania of less than RON66,750 (£11,579/€13,493/$13,980) were taxed at 1%, while withdrawals of up to RON445,000 faced a 16% tax – plus an additional payment of RON667.50 and withdrawals beyond that total were taxed at 25%.

However, now withdrawals of up to RON3,000 will be taxed at 10%. Withdrawals of more than RON3,000 but no more than RON10,000 are taxed at 20%, plus a RON3000 fee. Beyond RON10,000, the tax rate will be 40%, plus a RON1,700 fee.

The tax will be applied with each withdrawal.

When the tax hike was first reported, trade body the Association of Remote Gambling Organisations (AOJND) said that it would push players towards illegal operators.

It estimated that – if the tax comes into effect – online gambling businesses may end up paying up to 50% less in tax due to a general reduction in activity.

“I have often emphasised that Romania is a success story in terms of gambling legislation. But this situation depends on the ability of the authorities to maintain an attractive legislative and fiscal framework,” AOJND president Odeta Nestor said.

Jumbo pushes back StarVale acquisition completion date to 2023

Jumbo entered into a deal to acquire StarVale in January this year, agreeing to pay an initial Aus$32.1m (£18.1m/€21.1m/US$22.0m) to take ownership of 100% of the business. 

The agreement also included up to $8.5m in deferred payments, payable subject to StarVale achieving certain earnings targets.

Jumbo agreed the deal via its newly incorporated, wholly-owned entity Jumbo Interactive UK, saying it would further expand its global growth strategy, following the purchase of UK-based Gatherwell in December 2019 and Canada-based Stride Management.

Should the deal go ahead, StarVale would form part of Jumbo’s Managed Services business segment, along with Gatherwell and Stride

Initially, Jumbo said it had expected to receive regulatory clearance from the Great Britain Gambling Commission before the end of the current financial year. However, Jumbo said this is now not expected to occur until the first quarter of 2023.

As such, the deal is now expected to complete early next year.

“Jumbo remains confident of obtaining the relevant regulatory approvals and broadening its Managed Services footprint in the UK not-for-profit sector,” the Jumbo board said.

UK-based StarVale provides services to over 850,000 active lottery players across over 45 charities and not-for-profit organisations, many of which are major UK charities. StarVale also owns DDPay Ltd, a digital payments business that facilitates Direct Debit payments and solutions to StarVale’s weekly lottery clients.

Colorado sports betting handle slips to year-low $360.3m in May

Player spending was 44.7% higher than $249.0m in May of last year, but 8.2% down from $392.3m in April this year.

Bettors wagered a total of $356.8m on sports online during May, while the remaining $3.5m was spent at retail sportsbook facilities across the state.

Turning to gross gaming revenue and this amounted to $27.1m for May, up 78.3% from $15.2m in the same month in 2021 and also 19.9% higher than $22.6 in April this year.

Some $26.7m of this total was attributed to online betting, with just $267,458 coming from retail sportsbooks.

Basketball proved to be the most popular sport among players, drawing $102.0m in total bets, followed by baseball on $91.0m, ice hockey at $35.7m and tennis with $20.3m. Consumers also wagered $63.1m in parlay betting during the month.

The state collected $1.7m in sports betting taxes during the month, while win percentage for licensed operators in Colorado stood at 7.53%.

Spain to ban loot boxes for minors

Loot boxes – a video game mechanic in which a player pays for a game where they may receive an in-game item as decided by a random number generator  – have been a major topic of discussion in Spain recently. Last year, regulator the Dirección General de Ordenación del Juego (DGOJ) opened a consultation asking whether loot boxes should require new regulation, be regulated as gambling products or prohibited entirely.

This new consultation follows on from 2021’s. The current consultation determined that there was a “clear similarity” between loot boxes and gambling, but also noted that there were differences that “cannot be ignored”.

It noted that under current rules, for an activity to be gambling it must meet three conditions. 

The report found that the “pecularities” of loot boxes ultimately meant that a specific set of ad hoc rules needed to be established.

These rules include a ban on the use of loot boxes by minors, defined as those under 18.

“In order to guarantee the effectiveness of this prohibition, the entities that offer loot boxes must enable a documentary verification system of the identity of the participants,” it said.

In addition, it set up rules for advertising the products, including time limits similar to those imposed on the gambling sector, with ads only permitted to be broadcast between 1:00 am and 5:00 am. These ads may not “incite the thoughtless or compulsive practice of this activity” or “mislead about the possibility of being awarded”.

Ads must also include messages telling players to only use loot boxes in moderation.

When paying for a loot box, players must also have the right to receive information “in a clear and sufficiently understandable way” about the possibility of obtaining a certain object. The cost of these items must also be shown in euros, rather than simply with in-game credits.

Game developers must also set up a self-exclusion scheme, allowing players to opt out of having access to loot boxes.

Players who self-excluse may also be entitled to “the eventual return of the amounts of money or virtual objects that were committed exclusively to loot boxes”.

Players must also be permitted to set personal spending limits and time limits for the mechanic.

Serious infractions of these rules – such as failure to display information about the probability of winning certain items – can lead to a fine of up to €200,000.

Infractions classed as “very serious”, such as allowing a minor to use loot boxes, can carry a fine of up to €3m.

Stakeholders may offer their opinions on the draft law up until 23 July.

Okada Manila founder denies “violent invasion” of resort

This is Kazou Okada’s first statement since TRLEI announced that it would file criminal charges against him, claiming that he and a number of others allegedly “violently entered and occupied” the resort.

Kazou Okada formerly held the roles of CEO, director, chairman and stockholder of Okada Manila owner TRLEI. However, he was removed from the post in 2017 due to “misappropriation” of funds.

Earlier this year, the Philippines Supreme Court issued a status quo ante order, which returned Kazou Okada to the roles.

In his statement, Kazou Okada said that he and his team – including vice chairman Dindo Epeleta, court enforcement officers, officials from the Philippine Amusement and Gaming Corporation and police officers – went to the Okada Manila resort to enforce the Supreme Court’s order, where negotiations were held with Hajime Tokuda.

Kazou Okada went on to specify that there were “no slanderous or violent acts during the negotiations, but said that Hajime Tokuda’s lawyers “intentionally shouted and made it seem as if we were violent.

After Hajime Tokuda and his associates refused to leave the premises, Okada said he was removed and driven home. Kazou Okada said that surveillance cameras on the Okada Manila premises captured the dispute in full.

“Some information on the internet and other extreme comments such as illegal and violent invasion, occupation of territory, and abduction have been taken up by Universal’s Investor Relations report, and we believe that the facts that show the opposite happened will be revealed by the surveillance camera,” read the statement.

“We are preparing a lawsuit against Mr. Tokuda’s actions, which we say are in violation of and repugnant to the Supreme Court’s order.”

Kazou Okada also strenuously denied allegations of bribery, which he said had appeared online rather than coming from TRLEI management.

“There are posts on the internet as if there were allegations of bribes, but please be assured that this is not the case at all,” he said in a statement. “I will continue to make fair and honest claims and continue to do the right thing.”

Last month, TRLEI’s parent company Universal Entertainment Corporation delayed TRLEI’s listing on the Nasdaq stock exchange by three months.

SBM sells Betclic stake to FL Entertainment ahead of SPAC deal

The news follows a press release on 11 May announcing the creation of the new entity, FL Entertainment, as part of a special-purpose acquisition company (SPAC) merger.

FL Entertainment will itself soon combine with Pegasus Entrepreneurial Acquisition Company Europe, which is already listed on Euronext Amsterdam.

FL will be made up of Betclic Everest and television production company Banijay, which will make up the majority of the business by revenue.

The new company is predicted to have an enterprise value of €7.2bn (£6.2bn/$7.5bn), as well as generate revenue of €3.5bn and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of €609m.

SBM will have an interest in new company, holding 4.95% of the voting rights and 10.39% of the effective economic rights of the business. It is publically listed on the regulated market of Euronext Amsterdam.

Pegasus has raised €100m via non-redemption commitments, €50m from Financière Agache and Tikehau Capital, plus €250m in additional funding from controlling shareholder Financière Lov, as well as €220m in private investment in public equity (PIPE) funding.

The SPAC intends to raise another €250m in PIPE funding.

Pegasus siad it intends to use this funding to “attract new players by innovation in the offers made to players and improvement of its user experience, as well as to invest in customer relation management to retain players and improve their loyalty”.

Overall, the business hopes that Betclic’s player base will increase by 18% in 2022, from 893,000 monthly average players to more than 1 million.

Banijay chairman Stéphane Courbit is the chairman of the new business, while former Financière Lov chief executive François Riahi has become its CEO.

Speaking in May Courbit said: “Achieving a public listing of FL Entertainment through this partnership with Pegasus Entrepreneurs is a milestone in the history of our group. As a result of the transaction, the group will benefit from a robust balance sheet and will be very well positioned to capture growth in the entertainment industry.”

“One of the key strengths of FL Entertainment is its management team: François Riahi as CEO of FL Entertainment, Marco Bassetti as CEO of the Banijay Group and Nicolas Béraud as CEO of the Betclic Everest Group.”

Man walks into a bar… on holiday

Read about the man’s first trip to a bar, from December 2021.

A man on holiday walks into the Eierschale with his mates. The group were on leg four of their European beer tour but things weren’t quite going as planned.

The Warsteiner just didn’t look or taste the same. The man was expecting the usual crown of white schaum on top of his stein, but the foam took up two thirds of the glass. He used to enjoy that unique mix of creamy cold hops and barley, that dry aftertaste and even the white ’tache you acquired from that first sip. But on this trip he had to get a noseful of froth before the liquid hit his taste buds.

“Ein Schnitt Bier wie in München – aber zum doppelten Preis,” the barman said with an awkward smile. Not sure what that meant, the man turned to leave the bar as a voice loosely translated behind him, “A half of a half, for twice the price. It’s like a glass half-full, you know… we need to stay optimistic in these days… I’m from East Berlin, you see!” 

Feeling more diddled than amused, the man took his glass back to the table. At least they seemed to be apologetic, but at nearly €15 a glass, half of it air, so they should: they were competing with the street sellers at Checkpoint Charlie, flogging their cans of Berlin air.

Before the trip, he had heard that new alcohol regulations in Germany were big news. In fact, the regulations were big news across the whole of Europe, and it reminded him of those strange Covid years. Looking down now at his glass of foam, pondering how the bubbles managed to stick together and how much each was worth, the man found himself sympathising with the bar staff. 

Under his glass he spotted the beermat ads in four languages, paid for presumably by the new regulator, all bearing stark warnings of the dangers of unlicensed premises. But this clearly hadn’t stopped a few speakeasies from popping up around town. One, ironically called Reinheitsgebot (after the now defunct beer purity laws of 1516), was the best place to go apparently. Offering 200 different beers, no Schnitts and prices nearly 50% cheaper than elsewhere, it wasn’t hard to fathom why. 

It seemed odd that, despite the scare tactics and the obvious risk to their own custom, even the bar staff were recommending the place. The manager at the Eierschale couldn’t bring himself to disagree either. 

“They’re offering beer in the old one-litre Maß glasses”, he said ruefully. “My two-for-one Tuesdays have been banned and I can’t sponsor the local football team.” There were even rumours that Oktoberfest might be cancelled, with breweries threatening to pull out.

On the first leg of their tour in Greece, they had struggled to find a speakeasy, because of the government’s new snitch line, which rewarded citizens for passing on information about unlicensed premises. But where there’s a will, there’s a way: the 10-minute breaks between rounds that landlords found themselves enforcing meant that the will was very willing. As a result, private parties, home brew and drinking clubs were flourishing in the country. 

The one they managed to crash had a scribbled joke of sorts on the door: “Warning! Maximum 30 seconds between drinking. No entry to more than 99 years.” Most likely the handiwork of their host, who opened the door dressed as Peppa Pig. Not having seen anyone else in fancy dress, the man never did get to ask whether this was a statement, or just a nod to her favourite show from childhood. No muddy puddles in this heat, though.

Over in Norway the man and his mates had been frustrated by the strict admissions policies and the sit-down-only drinking rule – just like back home. Just as they were about to cut short that leg of their trip, someone recommended the now-famous Sentralpuben at Oslo’s main station, where they ended up spending the rest of their time. 

Not being classed as a pub meant the Sentralpuben could serve cheap beer and had a relaxed approach to affordability checks and IDs. It did seem at odds with a government-run organisation but the man wasn’t complaining. “I’m sure they won’t miss that beer glass I tucked in my jacket as a memento,” he thought.

Their time in Belgium started badly as for some reason food and drink couldn’t be served at the same venue. However, things soon improved once they’d downloaded the ‘JustSayWhere’ app. 

Underground drinking apps were best sellers in the app stores and this one was trying to expand across borders. Apple were contesting instructions to ban it, arguing that Android downloads would simply take up the mantle.

Event organisers on the app often asked for prepayment and more than a few partygoers had been swindled. But the ratings system was starting to work and genuine events were rising to the top of the listings. Bitcoin on the door was another trend, while the frequent venue changes gave these parties cult status and kept them a step ahead of the law. The man’s raving days weren’t over yet!

Beertrip.com had launched just a couple of weeks ago, too, ranking beers, venues and countries by price, quality, accessibility and availability. Unfortunately, the man had already booked this trip but agreed with his mates that next time they would change a couple of legs on the tour. Tourism choices based on local drinking rules was now a thing – and those booze cruises did sound appealing. 

Inevitably, much of their pub conversation centred around European restrictions and beer prices, with many a heated argument to boot. “Everyone’s an expert these days and fake news is rife,” he opined. It was not what the beer tour was meant to be about and yet another echo of those strange Covid times. A couple of his friends spent the whole trip complaining while others relished the challenge of finding illicit watering holes.

However, the sight of those two soiled and slumped revellers at a private party the other day had hit home, and they’d seen a few fights too. With no bouncers around, things can easily get out of hand. One of his friends had found it all very amusing and spouted anti-establishment rhetoric at every opportunity, but not the man; with a family history of alcoholism, he knew that addiction was a case of different folks, different strokes.

Back home he had heard some alarming statistics in the news relating to problem drinking. A spokesman for the industry had raised some valid objections as to how the data was collected but then pitched numbers of his own, which just didn’t reconcile with the argument. 

The days of Guinness being ‘good for you’ and Australians not giving a XXXX were long gone; drinking just isn’t cool these days, he thought. Even the so-called ‘director of mischief’ at one brewery had moved on.

The man couldn’t help feeling that if the aim was to reduce alcoholism, many of these restrictions just made the problem worse. Stories of portable stomach pumps at parties were a bit exaggerated, yet that image of the two revellers comatose in a corner wasn’t going away. 

“Spare a thought for the kiosk drinkers found frozen in bus shelters in Belarus,” his friend had said. Unsure about whether or not that was folklore, a Google search confirmed some shocking alcohol mortality stats, though the causes were not quite so clear.

“Here’s one for us on the app: ‘Wobbles not Waivers’, it’s called. Ha ha! Jägerbombs on entry and export-strength only,” exclaimed his anarchist mate. “Ah, but it’s bitcoin only. OK, next one up is…”

He bit his lip since the thought of another Jägerbomb turned his stomach – but you can’t say that on a beer tour. 

Some of the rules seemed to make sense, like refusing to serve drinks to those who were legless, but others were counterproductive. Were the regulators bored, he mused? Did they see their role as the incessant production of new rules? Did they ever revoke any of the rules – or would that lose you the toughest regulator award?

Everything here was prohibited unless explicitly authorised, while the shop-thy-neighbour policy back in Greece was a scary development. Conceding to his friend’s criticism, which echoed back his own words that “everyone’s an expert these days”, he sighed and stared again into his foam. “Why can’t we all play along together, like these bubbles?”

Kevin Dale is the co-founder of Egamingmonitor. He was previously CEO of Gameaccount (now GAN plc) and CMO at Eurobet, Sportingbet and Betfair. 

Egamingmonitor.com is an advisory firm to the gambling industry, with proprietary data covering 40,000 games from 1,300 suppliers across 2,000 operator sites. 

Image: Hofbräukeller München

Bally’s approved to launch BallyBet in Ontario

The licence was approved on 30 June and will last for two years, expiring on 29 June 2024.

It covers fourdomain names – ballybet.ca, ballycasino.ca, ballysbet.ca and ballyscasino.ca, as well as the BallyBet mobile app.

Bally’s is one of the most recent operators to receive a licence to operate in the province, joining the likes of PokerStars, SkillOnNet and BetVictor.

Ontario’s regulated igaming market launched in April three years after Ontario announced plans to end the lottery’s online gambling monopoly on the province.

Operators such as theScore, PointsBet and Bet365 were approved for licences before the market opened.