Industry News
Sportradar releases official response to Independent Review of Integrity in Tennis
Sportradar, the world’s leading provider of data, content and integrity solutions, has published its response to the Independent Review of Integrity in Tennis report, released in April this year, which proposed recommendations for addressing the sport’s integrity issues.
Within the response, Sportradar has supported the majority of the Panel’s recommendations but outlined concerns in relation to the recommendation regarding the discontinuance of data sales, stating that this approach would not only fail in practice but would cause further risk to the integrity of the game, with potentially irreversible consequences.
Sportradar Managing Director Group Operations, David Lampitt explained the factors outlined within the company’s response.
“Attempting a total data black-out on a sport has never been done, or even trialed or tested before. Counter evidence and expert analysis indicate that such an approach is likely to have a harmful effect on integrity, which would be hard to reverse if unsuccessful.
“So, the Panel is staking its reputation, and that of the sport, on an uncertain ‘guess’, when there is good evidence that a different approach and an incremental process of implementing enhanced and targeted measures would be more likely to deliver successful outcomes and integrity benefits.
“If the recommendations remain unchanged, they would push the betting market underground where the integrity issues would be out of sight. This may give the veneer of improving the situation but would not deal with the underlying issues. These must not be brushed under the carpet.
“It’s important to point out that the relative risk that the Review attributes to the different levels of tennis is also misleading. In 2017, and consistently over the last four years, ITF tennis has, in fact, had the lowest risk of corruption across all the levels of the professional game, including the Grand Slams.
“Of course, integrity risks exist across all levels. But they are most prevalent at the mid-level of the Men’s game, so the rationale for applying the most draconian measures to the ITF Men’s and Women’scompetitions and recommending relatively modest changes at the other levels doesn’t tally with the evidence.
“Ultimately our interests, like the Panel’s and other stakeholders involved, including the tennis governing bodies as well as the betting companies, are focused on safeguarding a clean sport. We want to be transparent about our submissions as we believe the evidence is important to ensure decisions are not taken that may have unintended and harmful consequences for the sport.”
Sportradar’s recommendations outlined within the response to the Review include:
- Implement a proactive tennis-wide approach to restricting data distribution, targeting specific matches with an elevated risk of corrupt activity based on a consistent and analysis-led evaluation. This is something that Sportradar is doing as part of their integrity partnership with the ITF
- Create a new body made up of representatives from tennis, betting operators and sports data companies to ensure a more concerted and collective approach to fighting corruption in tennis across related operational areas that should include the application of the above targeted data restrictions
- Increase AV streaming coverage, where possible, to help provide reliable evidence
- Create new regulations to enable quicker sanctioning based on betting data and expert player analysis
- Bring in targeted measures to deal with online abuse of players, especially at lower levels, enabling players to escalate concerns
- Use technology to target risks, streamline processes, maximise impact and enhance intelligence-led enforcement action
The Independent Review of Integrity in Tennis was released on 25 April this year after the tennis international governing bodies, the ATP, the WTA, the ITF and the Grand Slam Board appointed an Independent Review Panel to address betting related and other integrity issues facing the sport in early 2016.
Sportradar’s official response to the Independent Review of Integrity in Tennis is available in full here.
Industry News
ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market
January’s first edition of ICE Barcelona will feature a programme of content, discussions and C-suite networking curated specifically to meet the needs of the new regulated market in Brazil and the broader opportunities which exist in Latin America.
Living up to its reputation for being the business-to-business event which is at the forefront of industry developments across both regulation and emerging technologies ICE 2025 will feature a three day program which is dedicated to all aspects of the market in Brazil including regulation, compliance and the adoption of new technologies including the use of biometric recognition in relation to age verification and consumer protection.
Announcing the program and confirming ICE Barcelona’s role as the meeting place for international decision-makers and stakeholders, Clarion Gaming Managing Director Stuart Hunter said: “ICE was recently described in trade media as being the most important gaming event on the ‘planet’ and I believe that the show will live-up to that accolade when we welcome the world industry to our new Barcelona home in January.
“Some industry events place a strong emphasis on the past but for ICE our focus is unashamedly on the future. To this end we have been working closely with colleagues and stakeholders in Latin America to ensure that ICE is on the front foot bringing together the lawmakers, regulatory bodies, thought leaders, operators, innovators and technology providers all of whom have an important role to play in developing the market infrastructure.”
He added: “The importance of LatAm will be evident from the very start of ICE Barcelona when Vicente Fox, the former President of Mexicoheadlines the World Regulatory Briefing taking place Monday 20 January when he will address the topic of ‘Regulation and Revitalisation’ and the requirements needed to balance economic growth with community protection.
“A critic of the populist movements sweeping the region, he will outline his business-centric approach to the development of Mexico, and why he favours casinos as a tax benefit to reduce Mexico’s dependence on unpredictable oil income, and for heling to grow the local tourism industry. The keynote reflects the importance of Latin America as a leading voice in the global gambling industry and represents a major coup for ICE Barcelona.”
“The following day we will be staging a seminar which will cover the very latest business-critical information on the market in Brazil which will be supplemented by sessions focussed on Latin America. On the closing day the LatAm sessions will address the key issue of responsible gambling including the ground-breaking use of biometrics which will be of huge interest to regulators and operators from throughout the world.”
He concluded: “In all of the extensive research that we undertake in order to identify the most important issues impacting the business Brazil and Latin America consistently top the list. By attending ICE Barcelona gaming industry professionals will be able to connect with the main players, learn everything they need to know about doing business in Latin America and find the right organisations to collaborate with. For anyone with an interest in Latin America and in particular the Brazilian iGaming market ICE Barcelona is undoubtedly the place to be.”
For more information on the world’s greatest gathering of gaming professionals and to register: icegaming.com
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
Balkans
CT Interactive Shortlisted in Two Categories at BEGE Awards 2024
CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.
The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.
This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.
“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.
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