Sportsbook

Bet365 migrate Gibraltar operations to Malta amid Breit fears

Online gambling powerhouse bet365 has announced plans to move the majority of their operations in Gibraltar to Malta to help mitigate the impact of Brexit. The move is estimated to cost around €70 million, and the main part of it means the expected relocation of 500 staff members. All of …

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£140k bet accepted on Brexit Party winning European Elections

Online bookmaker Star Sports has slashed the odds on the Brexit Party winning the most seats in the UK’s European Elections after taking a massive £140k bet backing the newly-formed party by Nigel Farage. Odds on Brexit Party winning the most seats on Thursday, May 23, went down from 1.05 …

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Irish League match under microscope for suspicious betting patterns

The Football Association of Ireland (FAI) is expected to carry out an investigation into Saturday’s match between Cobh Ramblers and Limerick FC which was won 3:2 by the guests. It has been reported that a number of suspicious betting patterns have been spotted. FAI was alerted that match has attracted …

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Australian Sportsbet to lose money over election blunder

Sportsbet, an Australian betting company, has paid out for the wrong result in the country’s elections. The company handed out $1.3 million (1.17 million) to those who thought that the opposition Bill Shorten’s Labor will win Saturday’s federal election. Sportsbet paid out on Mr Shorten becoming prime minister two days …

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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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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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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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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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Paul Scholes charged with breaching betting rules

Paul Scholes, a former Manchester United and England football player, has been charged by Football Association (FA) for allegedly breaching betting rules. In a short statement, FA announced that Scholes breached FA Rule E8, which prohibits any FA syndicated athlete to bet directly or indirectly on football matches of any …

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March Madness fuels New Jersey betting

New Jersey’s online and retail sportsbooks accepted $372.5m in bets in March, just shy of the $385.3m record set in January. It was fueled by NCAA Men’s Basketball Tournament. Figures released on Friday by the New Jersey Division of Gaming Enforcement (DGE) also show the state’s licensed sportsbooks earned a …

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Tiger Roll makes bookmakers pay in Grand National

4-1 favourite Tiger Roll didn’t disappoint his backers and has won on Saturday the Grand National for the second year in a row. Bookmakers estimate that his winning cost them around quarter-of-a-billion-pound. ”We’ve been well and truly wiped out.” – it’s not the first time that bookmakers worldwide show a …

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FOBT stakes slash puts shops future in risk

1,000 closed betting shops and 5,000 jobs in risk, this according to Ladbrokes officials will be a result of slashing fixed odds betting terminals (FOBTs) maximum stakes to two pounds. After years of discussing what the maximum stake on FOBTs should be, UK politicians decided that it must be lowered …

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Sportsbet convicted of posting an illegal gambling advertisement

Australian online betting provider, Sportsbet, has been convicted and hit with a fine Aus$10,000 by authorities in New South Wales after posting an illegal gambling advertisement on its website. It comes an investigation by state regulator Liquor & Gaming NSW into an advertisement on the Sportsbet.com.au website on 5 July …

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South Philadelphia Turf Club unveiled Kambi sportsbook

Greenwood Gaming & Entertainment and Global sports betting supplier Kambi opened an on-property Sportsbook for a second consecutive week, with the operator’s South Philadelphia Turf Club becoming the latest Pennsylvania venue to offer legal sports betting. The Turf Club, an off-track betting establishment, is located in the heart of Philadelphia’s …

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NBA prepared to double down their policies

NBA is expected to double down on policies due to expanding of legalized sports gambling in the United States. Deputy commissioner Mark Tatum revealed that moves have been made to get up to speed on the opportunities and threats surrounding the issue since May’s Supreme Court ruling that allowed states …

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PointsBet launched online sports betting platform in New Jersey

Eight gaming operators received approval to launch mobile sports betting products in New Jersey, before the state’s Division of Gaming Enforcement approved the Australian-based company’s soft launch last month. Wagers can currently only be placed in New Jersey, but the digital platform marks PointsBet’s first product launch in the U.S. …

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William Hill US reached a settlement with FanDuel against Paddy Power Betfair

The American section of British betting company William Hill has reached a lawsuit against FanDuel that alleged the fantasy sports and betting website stole a copyrighted gambling. The sportsbook did not disclose the value of the agreement, but did state that it was not seeking any financial settlement to cover …

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