Bet365, Betway, and CodereLatAm have become the latest overseas gaming operators to make a move on Buenos Aires in the hopes of scaling their operations in Argentina and South America. All three companies have all entered into joint ventures with local operators and registered to file a licence application. Bet365 …
Read More »GIG launches sportsbook with Guts.com
Oslo-listed Gaming Innovation Group (GiG) has launched its new sportsbook with Guts.com, which will see the brand reposition itself as a ‘sportsbook first’ operator. Both new and existing Guts.com customers will have access to the sportsbook, which GiG said offers an improved user interface and experiences, as well as faster …
Read More »New sports betting company Virgin Bet launches in Gibraltar
Gamesys Group-owned Virgin Bet has announced its launch in Gibraltar, just a fortnight after Bet365’s exit plan to Malta was revealed. The local government has already congratulated the firm on its successful application for a new gambling licence and subsequent launch in the UK market this week where the company …
Read More »New betting sponsors deals for English football clubs
English Premier League football clubs Wolverhampton Wanderers, and Burnley have both agreed new shirt sponsorship deals with Asian online gambling operators, while Championship side Birmingham City has partnered with Boylesports. Wolverhampton is set to be sponsored by ManBetX which will see the gambling operator front all adult home shirts, covering …
Read More »Unibet debuts in US market with New Jersey launch
Nordic online gambling operator Kindred has opened its doors for business in New Jersey under its flagship brand Unibet as the company makes its US regulated market debut. Kindred Group (previously Unibet Group) successfully secured a Casino Service Industry Enterprise License in New Jersey together with Hard Rock Hotel & …
Read More »Merger talks collapsed between William Hil and Caesars
The Brittish press has revealed that William Hill, leading UK’s gambling operator, has held talks last year with Caesars Entertainment, America’s biggest casino owner, about a £6bn merger. The negotiations for the deal, which would have seen the FTSE 250 bookmaker swallowed up by Caesars Entertainment, ultimately failed last autumn …
Read More »Boylesports enters British market with Wilf Gilbert acquisition
Boylesports, the Irish’s second-largest bookmaker, has made its long-awaited move into the British retail betting market with the acquisition of Wilf Gilbert, which operates a 13-shop chain in the English Midlands. The acquisition marks what BoyleSports hope is a rapid expansion in the UK, with the company aiming to possess …
Read More »Nevada revenue falls 4th month in row
Nevada’s gaming revenue for April came in at $936.5m (€840m), the first month this year that the state’s total has failed to hit the $1bn mark, and fourth in a row when the state’s gaming revenue has endured a year-on-year fall. Official figures released on Wednesday by the Nevada Gaming …
Read More »Norway’s KLP fund bans all gambling investments
Kommunal Landspensjonskasse (KLP), Norway’s largest pension fund, has confirmed that it will no longer invest in gambling or alcohol-related enterprises. KLP has recently sold stocks and bonds in such firms worth about €285 million. The company, which has around €70 billion in assets under management, states that it will no …
Read More »Paddy Power Betfair officially changes to Flutter Entertainment
Paddy Power Betfair has completed changing its name to Flutter Entertainment after shareholders overwhelmingly backed the name change earlier this month. The name change is effective immediately. The company’s rebrand was first announced in March this year and earlier this month shareholder approved the change at its AGM, where 99.76% …
Read More »Tennessee Governor allows betting bill to become law
Despite having made clear his opposition to expanding gambling in the US state, Tennessee Governor Bill Lee returned the sports betting bill without a signature, which allows the bill to become law in his state. The governor explained his decision on Twitter. “I am letting House Bill 0001 become law …
Read More »Italian ADM grants 67 online gambling concessions
After a lengthy process marred by multiple delays Italy’s ‘Agenzia delle dogane e dei monopoli’ (ADM) has finally granted the concessions for the provision of online gambling services in the county. ADM, the governing body overseeing Italian gambling laws, has revised Italy’s online gambling laws and settled on sanctioning 67 …
Read More »Marathonbet will sponsor Royal Windsor Sprint Series
Online sports betting company Marathonbet will partner with Royal Windsor Racecourse for this year’s Summer Spring Series at the famous Berkshire Racecourse, rebranding the Event as the Marathonbet Sprint Series. The nine qualifying races and final will air across the Sky Sports Racing platform, with a number of the fixtures …
Read More »NBA delivers ultimatum to US Sportsbooks
According to ESPN, US sportsbooks had received a data ultimatum from Sportradar. Operators are now expected to pay a fee for official data or will lose the opportunity to offer a proper roster of in-play wagering markets of NBA matches to bettors. Sportsradar is an official supplier of NBA data …
Read More »Betfred extends sponsorship deal with rugby Super League
Super League, Europe’s top professional rugby league organisation, has signed “the biggest commercial deal in its history” with betting company Betfred. As part of the extension, Betfred will continue as the lead sponsor of the Super League until the end of season 2021, extending a partnership it has maintained since …
Read More »UK Top gambling affiliates create new trade association
A new trade association dubbed ‘Responsible Affiliates in Gambling’ (RAIG) has been formed in recognition of the roles and responsibilities of affiliate marketing firms and service providers to ensure that they comply with the necessary standards of consumer protections. The association will initially comprise three major players in the UK …
Read More »William Hill benefits from US growth as UK stagnates
William Hill has reported a 2 per cent increase in group net revenue for the 17-week period ended 30 April, with growth in its online and US businesses helping to offset declining online revenue at home mainly due to stricter regulation. The bookmaker reported that its total net revenues for …
Read More »Sports betting market In France off to flying start in 2019
The sports betting market in France is booming as the sector recorded a massive 52 per cent year-on-year revenue growth for the first quarter of 2019. In contrast, results weren’t as good for poker games. According to the figures released by France’s gambling regulatory body ARJEL (L’Autorite de regulation des …
Read More »Partypoker confirms 94 bot accounts closures
Partypoker has published the second update in what it promises will be a series of monthly updates regarding “bot” (automated-playing) accounts playing on party sites. In April, Partypoker closed 94, with 39 based in the dot-com player field, and 55 operating in the dot.eu ring-fenced market of France & Spain …
Read More »Irish gambling expected to change in 18 months
Irish Minister of State David Stanton has revealed that work on developing a new framework for regulating gambling in the country will take up to 18 months. This includes establishing a new regulator with powers to impose fines, issue licenses and address previously unregulated areas such as spread betting. Responding …
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