Daily Archives: July 21, 2014

UK Gambling Commission extends application service for igaming operators

SBC News UK Gambling Commission extends application service for igaming operators

The UK Gambling Commission (UKGC) has announced an extension to its online gaming services application, in order to allow  betting and igaming operators to apply for non-remote licences. After reviewing current processes the UKGC, have implemented an extension to the time frame allowed for the submission of applications for UK licences, furthermore the UKGC wish to grant the online gambling …

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BetClic Everest to review Gibraltar operations

SBC News BetClic Everest to review Gibraltar operations

Senior management of French igaming and sports betting operator – BetClic Everest Group are set to undertake a review of it Gibraltar based igaming operations. The operator is set to review its current group operational logistics, with a view to optimise its corporate framework and organisational structure. Currently BetClic Everest Gibraltar operations manage the groups sport trading and administrative functions. …

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Numis suggests bwin.party sell-off could aid company value

SBC News Numis suggests bwin.party sell-off could aid company value

London Financial stock brokerage and corporate advisor Numis Securities issued a statement suggesting that underperforming igaming operator bwin.party, should look to sell corporate assets in a view to raise its market value. The corporate advisor, noted that the operator could potentially sell igaming assets and services at twice the  current market capitalization. The statement made by Numis Securities saw shares …

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HRI publishes Irish horseracing industry stats

SBC News HRI publishes Irish horseracing industry stats

Irish horseracing industry statistics for the first half of 2014 report improvement across many areas with yearly increases in bloodstock sales, racecourse attendances, new owners, Tote turnover and prize-money. However, the number of active owners remains a concern, according to Horse Racing Ireland.Bloodstock sales at public auction grew for the fifth consecutive time with turnover up by almost 42 per cent …

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XLMedia targets record growth for H1 2014

SBC News XLMedia targets record growth for H1 2014

XLMedia expects to report record revenues from the first half of 2014, a trading update reveals. The digital marketing service provider experienced strong levels of growth in its core channels and from its new media platforms including mobile and social media. Overall performance is in line with market expectations, although strong growth was underpinned by leading Scandinavian markets, as well as …

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Daniel Schwartzkopff – BetVIP.com – The Bitcoin Game

Exploring new products and business innovation within the sports betting industry, SBC interviews Daniel Schwartzkopff –  founder of BetVIP.com, which claims to be the sector’s first licensed Bitcoin-only sportsbook. The digital currency operator takes wagers and pays out winnings exclusively in Bitcoin, offering odds on thousands of pre-match and in-play markets. It holds a gaming license in Curacao and only accepts …

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NY Giants John Mara opposes New Jersey’s attempts to legalize sports betting

SBC News NY Giants John Mara opposes New Jersey's attempts to legalize sports betting

New York Giants Co-owner John Mara has stated his opposition to New Jersey attempts to legalise sports betting. In a public address John Mara stated that the New York Giants management would oppose to back any attempts by New Jersey senators and representatives to legalise sports betting within their state. Mara has further expressed that his stance is supported by other …

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William Hill appoints Isaac Ward as Commercial Director of TomWaterhouse.com

SBC News William Hill appoints Isaac Ward as Commercial Director of TomWaterhouse.com

William Hill have announced the appointment of Isaac Ward ex Paddy Power’s Head of iGaming, as Commercial Director of William Hill-owned Australian igaming brand TomWaterhouse.com Ward will return to his native Australia to take up the role, which begins in January next year and is currently on gardening leave following his departure from Paddy Power, where he has worked for the past …

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Japan to set up special sports corruption unit ahead of Tokyo 2020

SBC News Japan to set up special sports corruption unit ahead of Tokyo 2020

The Japanese government has announced plans to set up a special policing unit to monitor and investigate corruption threats to its nations sporting bodies. Government officials confirmed that multiple government agencies would co-operate with the special unit in order to fight sports corruption in Japan and potential threats from abroad ahead of the Tokyo 2020 Olympics. Japan’s ruling party the …

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RGT publishes self-exclusion survey

SBC News RGT publishes self-exclusion survey

A survey of gambling operators and treatment providers has shown a consensus regarding the priorities for improving self-exclusion as a harm minimisation tool. The study, which surveyed perspectives from industry operators, has been published today by the Responsible Gambling Trust. It found that the majority of respondents from gaming businesses believe the industry needs to ensure self-exclusion is irrevocable within the …

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