New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July. It’s more than four times the sum they generated in the same month last year and a significant improvement over the $9.7m that licensees earned in the previous month. However, New Jersey’s 11 licensed betting operators reported a total …
Read More »GVC raises full-year guidance after strong H1
GVC Holdings has upgraded profit guidance for 2019 for the second time, after making “very good progress in the first half of the year”. London-listed betting and gaming operator has reported a ‘Pro-forma’ revenue of £1.81 billion (€1.96bn). This represents a 5 per cent year-on-year rise if Ladbrokes Coral’s pre-acquisition figures …
Read More »Suspicious betting decrease in football
The Global Football Report 2019 has revealed that suspicious betting patterns in the sport have decreased following a year-long data study which spanned 62,250 football matches played across 115 countries in 6 continents. The report, which was was released by the working partnership of Stats Perform’s integrity unit, Starlizard Integrity Services and TXODDS, found out that …
Read More »Ladbrokes won’t renew SPFL sponsorship
The Scottish Professional Football League (SPFL), the organizer of the top four soccer divisions in the country, is in the market for a new title sponsor after betting company Ladbrokes opted not to extend its deal beyond the current season. Ladbrokes has been the title’s sponsor of Scotland’s four professional …
Read More »ComeOn launches AI responsible gambling tool
Igaming operator ComeOn, in collaboration with data science specialist Neccton, has utilized artificial intelligence technology to develop its new responsible gambling tool. The tool has been developed in collaboration with psychology academics. It ensures that it tracks player data, detects risk patterns, changes in behaviour as well as flags signs of problem gambling. “At …
Read More »1xBet suspends UK operations following investigation
Online gambling operator 1xBet has suspended its operations on the territory of the UK after an investigation held by ‘the Sunday Times’ into improper conduct. ‘The Times’ reported last week, that the major gambling regulatory body in the country, UK Gambling Commission (UKGC) had launched a probe into the activities of 1xBet, which had operated in the UK …
Read More »Stars Group results look strong in Q2
Toronto-listed betting and gaming operator The Stars Group has reported a 55 per cent increase in total revenue to US$637.6m for the second quarter of 2019, benefiting from a record performance from its UK-facing Sky Betting & Gaming (SBG) business. The gross profit coming in was reported at $881.5m against $640.5m …
Read More »Inspired revenue hit by FOBT stake cut in Q2
New York-listed gaming supplier Inspired Entertainment has reported a 28 per cent decline in revenue to $26.7m for the second quarter of 2019. The company announced that revenue was negatively impacted by $5.5m following the reduction in maximum stakes on fixed-odds betting terminals (FOBTs) in the UK, with the new …
Read More »Pennsylvania launches VGT self-exclusion program
Pennsylvania has introduced a new self-exclusion program for individuals who wish to withdraw from participating in gambling at video gaming terminals (VGT). The self-help tool introduced by The Pennsylvania Gaming Control Board (PGCB) allows individuals to voluntarily exclude themselves from participating in gambling on VGTs for a 1-year, 5-year, or lifetime …
Read More »Sportradar, NFL expand league data partnership
Sportradar, the international sports data and digital content company, has expanded its existing partnership with North American football’s NFL. The multi-year agreement will see Sportradar exclusively distribute real-time official play-by-play data and Next-Gen Stats (NGS) to sports betting operators in regulated markets in the United States and internationally. The original partnership …
Read More »Leicester City names 19.com as betting partner
Premier League football club Leicester City has unveiled its latest commercial agreement as The Foxes welcomes Asia-focused online gaming operator 19.com as a new official betting partner. Both parties signed a the multi-season deal, the length of which was not disclosed. 19.com will replace igaming counterpart W88, who recently entered a “record-breaking” partnership with …
Read More »Complaints to UK bookmakers skyrocketed in recent years
The number of UK consumers complaining about gambling operators has increased almost 5,000 per cent over the last five years, according to Gambling Commission (UKGC) figures obtained by the BBC’s Panorama programme. Their number rose from 169 in 2013 to a record 8,266 in 2018. The rise in the number of …
Read More »SkyCity, GiG launch New Zealand-facing online casino
Gaming Innovation Group (GiG) has linked up with SkyCity Malta, a subsidiary of New Zealand-based SkyCity Entertainment Group, to launch a new online casino brand in the country. SkyCity has launched its skycitycasino.com a few months after it originally announced its plans to enter the iGaming space in a bid …
Read More »Scientific Games, Kindred expand New Jersey presence
Scientific Games Corporation has expanded its presence in the regulated New Jersey iGaming market, launching it’s content and technology platforms, the Open Gaming System (OGS) and Open Platform System (OPS), with igaming operator Kindred in New Jersey. Kindred and clients of its Unibet brand, which launched online in New Jersey in early June, now …
Read More »GVC’s bwin fined by Dutch regulator
Dutch gambling regulator Kansspelautoriteit (KSA) has imposed a €350,000 fine on London-listed operator GVC Holdings for illegally targeting Dutch customers without a license. The fine has been issued to GVC subsidiary ElectraWorks after an investigation by the KSA found that the company was illegally offering online casino and sports betting …
Read More »Flutter Entertainment announced mixed H1 results
London-listed betting and gaming operator William Hill has reported a 1 per cent increase in net revenue to £811.7m (€880.2m) for the first half of 2019, with growth from its online and US businesses offsetting a decline in Retail. Retail remains the main source of income for William Hill, accounting …
Read More »Interwetten scores new partnership with VfL Wolfsburg
Vienna-based online betting and gaming operator Interwetten has agreed a deal to serve as the new betting partner of German Bundesliga side VfL Wolfsburg. Terms of the deal were not disclosed, but it was confirmed that the agreement will come into effect from the start of the 2019-20 season. It will …
Read More »Global Gaming loses again in Swedish court
Global Gaming has failed in its latest attempt to overturn a mid-June decision to strip its SafeEnt subsidiary of its Swedish licence, with its plea for injunctive relief rejected by the country’s Supreme Administrative Court. The update sees Global Gaming governance overruled for the third time by Swedish administrative courts after SafeEnt, which operates …
Read More »Barcelona Ivan Rakitic joins FavBet as brand ambassador
FC Barcelona and Croatian international midfielder, Ivan Rakitic, has been unveiled as the official brand ambassador of the Ukrainian-based betting company FavBet. The 2018 World Cup runner-up has signed a two-year deal with the sportsbook which is expected to cover both online and offline marketing campaigns, providing focused content to …
Read More »Genius Sports signs exclusive Serie A betting data deal
Serie A, Italy’s top-tier soccer league, has signed an exclusive betting data partnership with Genius Sports, the UK-based sports data technology company. From the start of the 2019-20 season, Genius will use its pitch-side technology to capture data at all Serie A stadiums and distribute instantly as a live feed …
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