Business News

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 …

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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 …

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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 …

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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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BetFan wants Top5 spot in Poland

BetFan, which launched its online presence in late Apil, wants to be in a top five position for licensed online bookmakers in Poland. The company has set a target of “three to four years” to reach it. The Betfan.pl website was launched on April 26, six months after the operator …

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Another strong month for New Jersey’s sportsbooks

NCAA Men’s Basketball Final Four, the first full month of professional baseball and the beginning of the NBA and NHL playoffs all helped to push New Jersey’s online and retail sportsbooks to a strong April. PlayNJ.com reported that New Jersey’s online and retail sportsbooks have taken $313.7 (€279.9) million in …

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Paddy Power Betfair will rebrand into Flutter Entertainment

Paddy Power Betfair shareholders have backed the group’s proposition to rebrand as Flutter Entertainment. Votes were cast during the group’s Annual General Meeting, with The Paddy Power Betfair chairman, Gary McGann, confirming that a 99.76 per cent majority of shareholders voting backed the move, which is expected to reflect the …

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Betsson forms partnership with Alfa Romeo racing

Swedish company Betsson has become the exclusive European betting partner for Alfa Romeo Racing Formula 1 team. This multi-brand deal for 2019 includes key group brands such as Betsafe, Betsson and StarCasinò. During the Spanish Grand Prix, last Sunday in Barcelona, Alfa Romeo Racing Car was branded with a Betsafe …

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Konami announced record-breaking year

For the financial year ending March 31, 2019, Konami reported in its financial reports revenues of €2.14 billion, with operating profits of €412.2 million. The company said the improved results were due to a strong performance in most of its divisions, including the gaming and systems segment. This was the …

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PokerStars strengthens partnership with UFC

PokerStars has strengthened its partnership with UFC, announcing the voice of the Octagon Bruce Buffer, UFC heavyweight champion Daniel Cormier and flamboyant light heavyweight Johnny Walker as new brand ambassadors. All three new ambassadors played a prominent role at a special press event following the weigh-ins prior to the UFC …

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Stoiximan Group launches Betano.pt

The Stoiximan Group has cemented its position in the Portuguese market via its Betano brand. The Betano.pt site will feature a sportsbook with live betting and streaming, as well as an extensive casino portfolio. Betano already has a presence across the German, Austrian and Romanian markets while the group currently …

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GVC, William Hill and bet365 top GambleAware donations list

UK operators GVC Holdings, William Hill and bet365 have donated a combined amount of over £3.3m to GambleAware in 2018/19, according to the latest donations list released by the charity. However, donations fell short of the £10.0m voluntary funding target GambleAware published its list of donations for the twelve months …

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Romania’s SuperBet receives €175m investment

Romania’s largest sports betting and online gambling operator Superbet has announced the agreement of a strategic partnership with private equity firm Blackstone. The US-based firm bought a minority stake for a €175 million cash infusion. Other terms of the deal were not disclosed, but according to the company’s co-founder, Sacha …

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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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