Market research

STATSCORE’s Betting Industry Review 27/03/2023

Kindred Group fined over £7.1m, Lidl named official partner of Euro 2024, Sky Sports and DAZN to broadcast 2023 IPL season. Here’s STATSCORE‘s Review!

  1. Kindred Group handed £7m fine for AML and social responsibility failures
  2. Lidl becomes official UEFA Euro 2024 partner
  3. Tom Brady becomes minority owner of Las Vegas Aces
  4. How are Ukrainian iGaming businesses dealing during the war?
  5. Sky Sports and DAZN to broadcast all 74 games of 2023 IPL

Kindred Group handed £7m fine for AML and social responsibility failures

UK Gambling Commission (UKGC) has fined gambling operator Kindred Group with two penalties totalling over £7.1m for social responsibility and anti-money laundering failures.

The operator’s 32Red brand will pay £4.2m of the penalty, while its Unibet brand will be charged the remaining £2.9m.

The regulator ruled that controls at 32Red failed to protect problem gamblers. For example, one user was allowed to deposit £43,000 and lose £36,000 in seven days.

Gambling Commission executive director Kay Roberts said: “These failures highlight clearly that both operators failed to interact with customers in a way which minimises the risk of them experiencing harms associated with gambling.” Learn more

Lidl becomes official UEFA Euro 2024 partner

The German food company became an official partner of UEFA Euro 2024, as well as the European Qualifiers to the tournament.

Jeroen Bal, Divisional Board Member Customer, Lidl International said: ”Just as our products are available to everyone, we want to help make UEFA EURO 2024 an experience for everyone – for example through our Lidl Fan Zones. Numerous Lidl countries will be cheering along, and it’s really something special that the final tournament is being held in the country where Lidl’s history began.”

Lidl joined adidas, Alipay, Atos, Engelbert Strauss and Vivo as official tournament sponsors. Learn more

Tom Brady becomes minority owner of Las Vegas Aces

NFL legend Tom Brady has purchased a minority stake in the Las Vegas Aces, the reigning WNBA champions.

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“I have always been a huge fan of women’s sports, and I admire the work that the Aces’ players, staff, and the WNBA continue to do to grow the sport and empower future generations of athletes,” the seven-time Super Bowl champion said in a statement.“To be able to contribute in any way to that mission as a member of the Aces organization is an incredible honor.” Read more

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How are Ukrainian iGaming businesses dealing during the war?

The war in Ukraine has been ongoing for over 12 months now. Despite the Russian aggression, businesses are persevering and striving to maintain a stable economy.

Among these businesses are iGaming companies based in Ukraine, which have continued to operate and provide essential services. As part of a five-part roundtable series, several Ukrainian businesses were interviewed by SBC News to shed light on the reasons why investing in them remains a wise decision, despite the ongoing war. Learn more

Sky Sports and DAZN to broadcast all 74 games of 2023 IPL

Defending champions Gujarat Titans will play Chennai Super Kings in opening match this Friday at the Narendra Modi Stadium in Ahmedabad.

All of the games will be shown live by Sky Sports and DAZN.

It was expected that ITV will get the chance to stage 16 of the live games. However, rows over staging the final have seen the talks fail. Read more

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