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PLAYSCAN MERGES WITH SVENSKA SPEL

Tuesday July 7,2015 : PLAYSCAN MERGES WITH SVENSKA SPEL

Responsible gambling tool no longer commercially available.

PlayScan, Svenska Spel’s responsible gambling subsidiary, is to be absorbed back into the company and its PlayScan product will no longer be made available for commercial purchase.

Historically, Playscan AB has marketed and developed software for responsible gaming for the regulated industry and counts Svenska Spel, France’s La Francaise des Jeux, Sweden’s Miljonlotteriet, Finland’s Ray and the Canada-based Atlantic Lottery as PlayScan customers.

Svenska Spel said the demand for an off-the-shelf solution was low with operators seeking their own products.  Even so, the company said it was committed to continuing the use and further development of the tool in-house while continuing to service its existing PlayScan clients.

Playscan AB was acquired during the first quarter of 2010 as part of Svenska Spel’s long-term responsible gaming programme.  Its responsible gambling tool is the result of years of development and research undertaken in close cooperation with Spelinstitutet, an organisation that provides treatment for gaming addiction.

“We will now continue to improve the tool together with Svenska Spel and all our other clients,” Andreas Holmström, chief executive officer of Playscan AB said.

“We are also open for new forms of collaboration with the industry and the research community. We will carry on with educating operators, promote a mutual exchange of knowledge and share best practices on how to prevent problem gambling, throughout the industry.”

Lennart Käll, chief executive officer of Svenska Spel added: “Playscan is a core component of our responsible gambling strategy, and will remain so. I’m very proud to see how the product has evolved – and the hard work done by the dedicated team behind it. It will be exciting to follow its future development.”

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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