The German Football Association (DFB), has announced an integrity partnership with Genius Sports, the UK-based sports data technology company, to safeguard against match-fixing and betting-related corruption. Beginning with the upcoming 2019-20 season, Genius Sports’ Bet Monitoring System will analyse the movements of odds using predictive algorithms to highlight any suspicious …
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The UK Gambling Commission (UKGC) has confirmed that a 12-week consultation process will launch in mid-August, which could result in the banning of credit card used for betting purposes. “Gambling with borrowed money is known to be a risk factor for consumers, so we think there is a need for …
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Sports betting and fantasy sports operator DraftKings has entered into a multi-year agreement to serve as an authorized gaming operator of Major League Baseball (MLB). DraftKings is the second gaming operator to sign an official partnership with MLB, following the lead of casino operator MGM Resorts last November. As with …
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Stockholm-listed operator Kindred Group has reported a year-on-year increase in revenue for the first half of its financial year, but saw its profits decline in part due to new regulatory costs in Sweden. Despite competing against a tough comparative period featuring World Cup 2018 trading, Kindred continued its positive revenue …
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Stockholm-listed sports betting technology supplier Kambi Group Sports has reported a 25.3% year-on-year increase in revenue for the first six months of 2019, with the business boosted by its customers launching in Pennsylvania’s online wagering market. A significant portion of CEO Kristian Nylén’s update was focused on the firm’s activities …
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Sports betting affiliate Better Collective has, through its wholly-owned US subsidiary, acquired the assets of Florida based Vegasinsider.com and Scoresandodds.com for a total cash transaction of $20m. Stockholm-listed company will add the two websites to its portfolio of iGaming affiliate sites in the US to benefit from the ongoing regulation …
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Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for the second quarter of 2019. Group revenue for the second quarter amounted to SEK1,277.7m (approx. €120.0m), a decrease of 5 per cent year-on-year, as strong sports betting revenue growth of 14 per …
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French online gambling company Betclic Everest Group won its appeal of the Italian gambling regulator’s decision from earlier this year not to renew the operator’s license for the provision of services in the country. The regional administrative court (TAR) of Lazio issued its ruling on an appeal filed by Betclic …
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The government of Ireland is studying the possibility of allowing bookies a tax-free turnover of €2.5 million a year. This move would help smaller, independent operators, which are struggling after the betting tax doubled earlier this year. The ‘Irish Times’ reported that Finance’s Minister Paschal Donohue is prepared to listen …
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GGRAsia reported progress on the integration resort (IR) scene in Japan, as The Japan Tourism Agency is being reshuffled to form the new International Tourism Department. The Agency will report to the Ministry of Land, Infrastructure, Transport and Tourism and start with 73 people working under Hiroshi Tabata, its inaugural …
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Finland’s state-owned gaming operator Veikkaus has selected SBTech as its new online and retail sports betting platform provider. Under the agreement, SBTech will integrate its sportsbook platform technology to Veikkaus’ online offering, with the aim of launching early next year. The long-term agreement follows a competitive procurement process and sees …
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New Jersey’s regulated gambling market has seen total revenue increase by 26 per cent to $1.59bn for the first half of 2019. The industry’s total gaming revenue was $1.59bn through June 2019 compared to $1.26bn in the prior period. Casino revenue was $1.26bn reflecting a 13.1 per cent increase year-on-year. …
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Online casino and sportsbook operator ComeOn, a subsidiary of the Cherry Group, has strengthed its Nordic footprint after debuting its Galaksino brand on the Finnish market. Galaksino.com is the group’s second Finnish pay and play entity live brand after the launch of Nopeampi in May 2018. As with Nopeampi, customers …
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The Netherlands government took in €529m in gambling taxes in 2018, an increase of 12.5 per cent year-on-year, as total market net gaming revenue grew by 2.5 per cent to €2,059.0m. New figures released by the Netherlands’ Central Bureau of Statistics (CBS), a governmental institution, present rather rosy outlook of …
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Council members of District of Columbia, Washington voted on Tuesday to approve the sole-source, no-bid $215 million deal with Intralot covering lottery and sports betting operations for the next five years. According to city officials, the deal provides the most expedient solution with the greatest return on its investment. The …
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GVC Holdings, which owns and operates Ladbrokes and Coral shops in the UK, has said that they are planning to close 900 of their betting shops across the UK. William Hill announced similar plans last week, with 700 stores at risk of closing over the next two years. Both companies …
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Czech investment firm and gaming operator SAZKA has made a €2.06bn tender bid to acquire all shares in OPAP, the largest lottery and sports betting operator in Greece. The offer is priced at €9.12 per share, with Sazka seeking to acquire 67% of the shares in OPAP. Sazka already indirectly …
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The governance of the Norwegian Chess Federation Congress (NSF) voted on Sunday night (July 7) 132-44 against the commercial partnership deal proposed by Kindred Group. Last month the two parties had agreed to a five-year partnership worth around NOK10m (€1.03m) each year which would make it the biggest ever sponsorship …
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Online sports betting brokerage Asianconnect88 closed its business with a website connected to Betfair following a recent investigation by the ‘Financial Times’ into anonymous funds flowing on to the platform. Asianconnect88 offered bettors access to Betfair – the peer-to-peer gambling exchange – through accounts opened on 9wickets.com, a clone site …
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Synot Games, a casino games developer out of Malta, has announced that it has been awarded a license by Sweden’s gambling regulator, Spelinspektionen. Synot said it already has deals in place to roll out its content with a number of operators in the country but has opted not to disclose …
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