Business News

Svenska Spel accused of violating Sweden’s gambling rules

Svenska Spel, the state-run former gambling monopoly, has been reported to the Swedish Broadcasting Commission, for allegedly breaching new laws in relation to gambling advertising standards. The Swedish Trade Association for Online Gambling, Branschforeningen for Onlinespel (BOS), has reported Svenska Spel to the Swedish Broadcasting Commission stating its failure to …

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Genius Sports lands betting data deal with NASCAR

NASCAR and Genius Sports, the global leader in sports data solutions, has announced a landmark deal that will see Genius Sports develop an official NASCAR gaming offering for legal sportsbooks. Under the agreement, Genius will use NASCAR’s data and build a system for sportsbooks to increase the number bet types …

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AFC Bournemouth extends deal with Mansion and M88

English Premier League team AFC Bournemouth have confirmed online gambling firm Mansion Group and its Asia-facing subsidiary M88 as the club’s major sponsor for a fifth consecutive season. In a record deal for the club, M88 branding (M88.co.uk) will continue to appear on the front of players’ shirts, replica adult …

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Kindred Group told to exit Norway

The Norwegian Gaming Authority Lottstift has ordered the Kindred Group subsidiary, Trannel International, to cease its operations in the country immediately. The regulatory body states that the Trannel has been operating a number of sites illegally, including Unibet, Maria Casino, Storspiller and BingoLottstift. Norsk Tipping is the only operator licensed …

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Costa Rica extradites three suspects in ‘5Dimes Tony’ case

The case surrounding the kidnapping and murder of the founder of the Costa Rica-based 5Dimes sportsbook, William Sean Creighton, continues to move forward. A new development saw three suspects, who were captured by police in Spain, extradited to Costa Rica in order to be prosecuted by this country’s juridical system. …

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Betfred extends World Snooker Championship sponsorship

Bookmaker Betfred will continue as title sponsor of the World Snooker Championship until at least 2021. World Snooker Chairman Barry Hearn and Betfred boss Fred Done signed an extension on Wednesday at the tournament’s home, The Crucible Theatre in Sheffield. The Betfred World Championship is considered the biggest event in …

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FanDuel ready to bring live streaming launch to US

FanDuel Group and Sportradar officially announced an extension of their partnership to make FanDuel the first betting operator in the US to live-stream sports and offer betting odds via its website and mobile app. This agreement follows a successful trial at a major tennis tournament. FanDuel will now acquire non-exclusive …

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Casumo secures licence to launch in Denmark

Online gaming operator Casumo has launched its mobile-first casino product in Denmark after receiving its five-year Danish licence earlier in the month. The operator will soon launch a media campaign to promote its online casino services to Danish consumers. “Obtaining a license in Denmark is an important milestone for us …

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William Hill is joining forces with Kambi to enter Swedish market

Stockholm-listed sports betting platform supplier Kambi Group Plc has agreed a deal to supply its sportsbook platform to William Hill in the regulated Swedish market. William Hill is licensed in Sweden via Evoke Gaming, having taken charge of the business through its acquisition of MRG Group for €270 million in …

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FIA extends cooperation with Sportradar

Sportradar

Sportradar Integrity Services has signed an extended deal with the Fédération Internationale de l’Automobile (FIA), the global governing body for motorsport. As part of the deal, Sportradar will continue to monitor and safeguard the integrity of its championships, including Formula One World Championship. Under the renewed agreement, all FIA competitions …

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Raketech expands Finnish presence with TVmatsit.com deal

Online affiliate and content marketing company Raketech acquires Finnish sports listing website TVmatsit.com. The deal is worth €1.6m, with further €300,00 to be paid over the next 24 months, depending on the attaining performance-based clauses. TVmatsit.com is a highly popular platform that generates traffic organically by delivering a complete guide …

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First Swiss online casinos set to debut this summer

Switzerland’s first four online casinos could be launched in July, a year after Swiss voters backed the nation’s new gambling law. This week, Swiss media reported that the Federal Gaming Board (ESBK) had received casino license applications from four of the country’s land-based casino operators: Grand Casino Baden AG, Grand …

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Betfred ready to launch a major attack on US market

Brittish bookmaker Betfred has debuted a suite of managed sports betting and trading products, specifically developed for the US market. The presentation took place during Betting on Sports America 2019 Convention. With over 1600 betting shops in the UK and over 50-years experience, Betfred now plans to pursue opportunities in …

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New Jersey wants to leapfrog Nevada in 2020

New Jersey is currently the second-largest sports wagering market in the US only behind Nevada. State governor Phil Murphy believes New Jersey can “overtake it and its decades-long head start” as early as 2020. In the 10 months that New Jersey has allowed legal sports betting, gamblers have wagered more …

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All US gambling roads lead to New Jersey

61,000 square feet space, over 1500 senior executives, 175 leading industry speakers and 60 key exhibitors. Betting On Sports America 2019 has started on Tuesday in New Jersey’s Meadowlands Exposition Center. The event brought by the Sports Betting Community (SBC), is the largest dedicated sports betting trade show in the …

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NCAA March Madness ends in a court after business fiasco

A news release from casino operator Delaware North iGaming (DNG) says it’s filed a civil suit seeking monetary damages against United Kingdom-based Miomni Gaming and its CEO, Michael P. Venner. Like plenty of other companies in the business, DNG expected to capitalize on NCAA March Madness, the largest annual sports …

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Doubts over $20 million prize pool at MILLIONS Online

The resurgence of PartyPoker’s record-breaking MILLIONS Online tournament was reported last week. However, it seems that ambitious $20 million guaranteed prize pool claims could be premature. The newly created MILLIONS Online webpage don’t have information regarding the $20M guaranteed prize pool anywhere. Currently it just states that the tournament will …

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Another step towards sports betting in Brazil

Brazil has taken another step towards legal and regulated sports betting after the country’s Lower House and Senate voted in favour of MP 846 bill initially was signed in December 2018 by departing President Michel Temer. Now, the only hurdle that remains for the bill to be sanctioned into law …

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