Business News

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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Kambi Group deal in Bulgaria includes Moldavia

Stockholm-listed sports betting platform supplier Kambi Group has strengthened its partnership with Bulgarian National Lottery operator JSC. As a part of a new deal, Kambi will support the operator’s planned entry into Moldova this summer. Kambi has been providing its sportsbook and managed services to National Lottery JSC’s 7777.bg brand …

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Sportradar unites with SportsGrid to create 24hrs sports betting network

Sportradar and SportsGrid announced on Thursday an exclusive partnership to launch the first free, 24-hour network dedicated to the sports betting audience. Available to all users free of charge, the network will provide coverage and analysis of statistics and odds across various professional sports. Sportradar and SportsGrid say the service …

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Melco reveals locations of Cyprus casinos

Melco International Development, a company originated from Hongkong, unveiled the locations of its two new satellite casinos. They will be located in Ayia Napa and Paphos. Opening two new satellite facilities mean Melco continues its expansion in Europe. Both casinos are expected to operate by the end of the current …

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Perform Group appointed as MLB Data Distributor

Digital sports media and content provider Perform Group has announced signing a deal to become a second data distributor for North America’s Major League Baseball (MLB). Perform will distribute official, real-time league data to licensed sports betting operators in the US. In February, MLB also agreed to a multi-year data …

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First effects of UFC and PokerStars partnership

At the end of 2018, PokerStars became Ultimate Fighting Championship’s (UFC) first-ever “Official Poker Partner.” Three months later it’s launching a new ‘UFC-branded Spin & Go’s’. They are now available live on PokerStars where players can play poker “inside the UFC’s world-famous Octagon.” Both partners also announced this week that …

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Goddess Rising will take players to ancient Egypt

Ancient Egypt is one of the most popular themes among slots players. So Goddess Rising, a new game produced by Novomatic, has all the hallmarks of a huge success. 5-reel, 40-line slot Goddess Rising,  features Isis, who was one of the most important Goddesses in ancient Egypt. In this game …

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Svenska Spel stops online casino advertising

A new policy implemented by Svenska Spel, state-owned Swedish operator, excludes all forms of online casino advertising. The decision was announced on the company’s website. In the statement Patrick Hofbauer, CEO of Svenska Spel, explained that the decision to stop advertising is to support the Swedish Health Authority in their …

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Gambling companies hope for a US jackpot

New research report indicates that Paddy Power Betfair profits from it’s US division could reach $600m (€532m) in a few years. However, it is highly dependable on more states legalizing sports betting. So far seven US states had legalized sports betting, with more expected to follow this trend in the …

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RedKings giving up online poker and sports gambling

RedKings, part of Microgaming Poker Network (MPN), has announced on their website that on April 28 will cancel their online poker and sports gambling operations. Online casino activities will continue, at least for now. Without going into details, the announcement indicates that Betsafe will take over the operator’s RedKings Promotions. …

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