Europe

Football Index £4.5m claims hearing taken to High Court

The High Court of Justice for England and Wales has taken on the hearing regarding the distribution of over £4.5 million in funds to former customers of Football Index. Begbies Traynor, the insolvency practitioners for Football Index parent company BetIndex, initially began to process claims against the company in April, one month after the operators collapse.  After the firm initiated …

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Codere shareholders approve liquidation terms

The board of Codere SA has been granted approval by shareholders to proceed with its ‘liquidation arrangement’ agreed last month with existing creditors.  Shareholders of the Bolsa Madrid gambling group have approved the terms of the liquidation agreement, allowing for creditors to take control of the embattled firm – the liabilities of which are reported to stand at €700 million. …

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Raketech lowers Swedish dependency as growth diversifies to Japan and US

Raketech has reported strong growth across all core metrics for Q1 2021, recording an annual growth rate of 27% with market success in the US and Japan identified as key driving factors. Overall group revenues reached €8.3 million (Q1 2020: €6.5 million), whilst earnings derived from sports increased to 17% of group trading – representing an annual increase of 27%. …

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British horse racing makes commitment to diversity and inclusion

British horse racing’s leading authorities have made a commitment to improving diversity and inclusion within the sport in order to ensure it continues to ‘grow and thrive in the future’. The new commitment will build on existing initiatives employed by the sector to promote diversity, including community engagement, education activity and charitable work. Stating that British horse racing is ‘proud …

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EveryMatrix: The Netherlands to become Europe’s freshest battleground  

The Netherlands has the potential to become Europe’s next breakout market for igaming and sports betting, according to EveryMatrix.   The technology supplier has published its ‘Gaming Market Report’ for the country – which will officially launch its regulated online gambling marketplace on 1 October under the mandate of the Kamer approved ‘Remote Gambling Act’ (KOA Act). Maintaining a population …

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BGC announces global sports safeguarding partnership with IBIA

The Betting and Gaming Council (BGC) has announced a global partnership with the International Betting Integrity Association (IBIA) to enhance cooperation on the promotion and safeguarding of sporting integrity. Representing the largest regulated sports betting operators in the world, the Memorandum of Understanding will see the two organisations collaborate on the coordination of their respective global activities in both existing …

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Betway enhances UK marketing presence with Surrey CCC deal

International online sports betting and gaming operator Betway has bolstered its marketing strategy in the UK via a sponsorship arrangement with Surrey County Cricket Club. Under the terms of the agreement, Betway will benefit from venue branding at all domestic and international matches held at Surrey’s Kia Oval home ground, and its logo will feature on the team’s Vitality T20 …

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Ivan Montik: How SoftSwiss is achieving ‘impossible’ goals with a ‘think big’ mentality

Ivan Montik: How SoftSwiss is achieving ‘impossible’ goals with a ‘think big’ mentality

One of the best motivations for growth is achieving those goals previously considered to be ‘impossible’ according to Ivan Montik, Founder of SoftSwiss, who gave his reasons for why the gambling software developer follows a ‘think big’ philosophy. Speaking to SBC News, Montik shared why SoftSwiss decided to make its foray into the crypto gaming space before outlining his predictions …

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Pronet Gaming signs strategic agreement with Tenlot Group

Tenlot

Global lotteries operated by Tenlot Group, including World Lottery Association (WLA) members, can now utilise the turnkey omni-channel solution from Pronet Gaming. This is as a result of a strategic agreement with Tenlot Group, which will see the Pronet Gaming platform made available to major lottery suppliers around the world.  It marks a significant milestone for Pronet Gaming as it …

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Matt King announces FanDuel departure ahead of US listing

Matt King, the CEO of Flutter Entertainment‘s FanDuel brand, has announced his intention to end his tenure as leader of the FTSE100 firm’s flagship US wagering unit.  King’s decision comes as Flutter continues to assess the possibility of listing a ‘small stake’ of FanDuel in the US, and the operator has acknowledged that the CEO’s departure ‘will affect the timing’ …

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