Europe

GambleAware commits a further £3.9m funding towards problem gambling treatment

Industry charity GambleAware has confirmed that it will be fronting an additional £3.9m in funding towards the expansion of the National Gambling Treatment Service. The funding, which is set to continue for up to three years, will be provided to GamCare and its network of partners across Great Britain. £2.35m of the funding will be allocated to expanding the provision of face-to-face …

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Paddy Power Betfair extends loan capacity to £700 million

Issuing a market filing, FTSE100 betting group Paddy Power Betfair (PPB) has confirmed it has added an additional £250 million to its corporate loan facility. Updating investors, PPB governance details that it has expanded its corporate loan facility to gain ‘further strategic financial flexibility’. The firm’s latest transaction will be added to PPB’s existing £450 million five-year revolving credit facility, …

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SBC signs up Champions League finalist for industry tournament

Mendieta

Spanish football legend Gaizka Mendieta will be playing in the second edition of the SBC Championship, held on Wednesday 22 May at Stamford Bridge. Backed by headline sponsor Trustly Group, alongside supporting partners BetConstruct and Catena Media, the 16-team five-a-side football tournament will once again be officiated by former FIFA and Premier League referee Dermot Gallagher. Midfield maestro Mendieta, who …

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SBC Bookies Corner: European Elections – A Strange Affair…

Brexit delays see the UK electorate participate in next Thursday’s European Elections (23 May). With Conservative and Labour parties damaged by their handling of Brexit, does this ‘last UK-EU election’ point towards a new dawn for UK politics? Furthermore, what are the implications of any UK-EU election results – SBC gets the bookies lowdown… ______________ SBC: Both Conservative and Labour …

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Degree 53 revamps Betfred Lotto dynamics

Industry, design and innovation studio Degree 53 continues its legacy partnership with Betfred, announcing that it has redesigned the ‘Lotto section’ of the Betfred.com website.   In its update, Degree 53 details that it has revamped frontend and backend capabilities with a ‘mobile-first strategy in mind’ delivering a fully responsive experience across web, tablet and mobile devices. Product upgrades see …

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Blackstone eyes ‘IPO on the horizon’ for CIRSA

A year following its €2 billion acquisition of Grupo CIRSA, US private equity fund Blackstone Group, is reported to be assessing ‘future options’ for the Spanish market gambling group. Spanish business news source Economia Digital, reports that Blackstone eyes an ‘IPO on the horizon’ for its CIRSA vehicle. Blackstone, which maintains one of gambling’s biggest investment portfolios, is reported to …

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Luckbox rolls out beta testing

Luckbox, an enterprise seeking to disrupt and lead esports wagering outright, has announced the rollout of its ‘beta phase’ platform, taking onboard its first real money players. More than a year in development, Luckbox opens its betting platform to a set number of players, who will test the firm’s wagering capacities. In its product notes, Luckbox details that its aims …

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Codere places responsibility at the forefront of Real Madrid renewal  

Issuing a market update, Spanish gambling firm Grupo Codere SA informs that it will continue to serve as ‘official betting partner’ of Real Madrid FC until the end of the 2020/21 European football season. Bolsa Madrid gambling group Codere has served as Real Madrid betting partner since 2016, representing Codere’s biggest marketing commitment. The Spanish betting group has previously used …

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Stoiximan Group launches Betano brand in Portugal

The Stoiximan Group has cemented its position in the Portuguese market via its Betano brand, which offers a sportsbook with live betting and streaming features, alongside a casino portfolio. Betano already has a presence across the German, Austrian and Romanian markets while the group currently operates in Cyprus and Greece under its Stoiximan brand. Betano’s country manager in Portugal, Ricardo Branquinho, commented on …

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1xBet gets ready to enter the North American market

1xBet

Just three weeks after 1xBet sponsored Betting on Sports America in New Jersey, we caught up with Alex Sommers – the company’s director of affiliate marketing – to discuss entering the US, and why 100 million adult bettors is a good indicator of the country’s potential to house the world’s largest gambling market. SBC: US punters are said to crave a more …

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