George Daskalakis, who also co-founded the operator, is reportedly in advanced talks with Bristol City owner Steve Lansdown.
Unlicnsed operators will be blocked following a court ruling in favour of the Danish Gambling Authority.
Australia’s Gambling Reform Bill has passed both Houses of Parliament, introducing new restrictions on wagering advertising and tightening enforcement against illegal operators.
The Hyderabad centre employs more than 1,000 people supporting Flutter’s global operations, even after the group ended its Indian real-money gaming services.
Sports Kenya would receive investigative powers under the Bill, while affected athletes and clubs could appeal its decisions through the Sports Disputes Tribunal.
The regulator identified delayed interventions involving high spending, rapid betting activity and customers whose expenditure appeared disproportionate to their income.
Portugal’s gambling regulator has detailed 11 years of enforcement against unauthorised online services while warning consumers about financial, privacy and fraud risks.
The site promoted at least 16 illegal gambling operators with offers including deposit bonuses of up to 300% and €11,500 and claims of ‘no betting limits’
Former Advertising Ombudsman Peter Knutsson has assumed leadership of Sweden’s gambling regulator as it addresses channelisation, illegal operators and changing compliance requirements.
The affiliate reduced operating costs as its Nordic media products helped lift the adjusted EBITDA margin to 24.0%.