Weekend Roundup: Key Updates on Entain, Veikkaus, and Swedish Licences
Welcome to this week’s special edition of the Weekend Roundup. Here, we delve into the latest happenings that you might have overlooked. Featured prominently this time are increased oversight for Swedish licensees, strategic board appointments at Entain, and an exciting collaboration between Veikkaus and a Finnish football icon.
Enhanced Oversight for Swedish Licensees
The Swedish gambling authority, Spelinspektionen, is set to introduce temporary increased oversight for certain licensees as part of a comprehensive review. This initiative will unfold over the spring months with a focus on ensuring website compliance regarding information availability.
The review process will encompass various operators, including 888 Sweden, Betfair International, Mr Green, Interwetten, and Skill On Net. Notably, the racing monopoly AB Trav och Galopp will also come under scrutiny, highlighting the regulator’s commitment to upholding standards in the sector. Results from this examination will be made public, paving the way for greater transparency.
Entain Welcomes New Board Members
In a move to bolster its board, Entain has appointed Michael Goldberg and Edmond Mesrobian as independent non-executive directors. Goldberg, a seasoned investor with experience at Elliott Management and Corvex Management, is set to join the Capital Allocation Committee.
Mesrobian brings a wealth of experience from notable companies such as Tesco and Expedia. His addition to the board includes a role on the Sustainability & Compliance Committee, reflecting Entain’s commitment to responsible growth. Interim chair Pierre Bouchut expressed confidence that these appointments will enhance the board’s effectiveness and strategic execution.
Red Rake Expands to New Jersey Market
Red Rake Gaming has made a significant entry into the New Jersey market through a collaboration with Hard Rock Bet and Aristocrat Interactive. Players in the Garden State can now enjoy popular titles like Sugar Burst and Guardians of Luxor 3.
This expansion follows the recent regulatory approval, marking a thrilling new chapter for Red Rake in the U.S. market. The company’s managing director, Nick Barr, conveyed enthusiasm about this growth opportunity in New Jersey, signaling plans for further development across the country.
Stakelogic Strengthens Dutch Operations with Starcasino NL
Stakelogic has enhanced its foothold in the Netherlands by partnering with Starcasino NL. This collaboration facilitates a direct integration, allowing Dutch players access to Stakelogic’s extensive range of slots and live casino offerings.
Neil Tanti, head of sales at Stakelogic, emphasized the importance of the Dutch market, expressing excitement about the partnership with such an esteemed operator. This agreement brings numerous popular slot games to local players, including titles like Wild Canyon and Cozy Candy ClusterBreaker.
Veikkaus Partners with Football Star Sami Hyypiä
Lastly, Veikkaus has entered into a notable partnership with Finnish football legend Sami Hyypiä. Having represented Finland 105 times and enjoyed a ten-year career with Liverpool, Hyypiä brings significant experience to his new role as brand ambassador for Veikkaus.
He will engage in various customer-oriented activities, rekindling his connection with the operator after several years. Hyypiä expressed delight at the opportunity to collaborate with a brand that has historically supported Finnish sports.
Stay tuned for more updates as these stories develop, reflecting a dynamic landscape in the gaming and sports sectors.