UK

Speaking on Newstalk’s ‘Breakfast Business’ show, Mark O’Neil Chief Financial Officer of Irish independent bookmaker Boylesports stated his firm’s intent on growing its UK retail network. O’Neil detailed that despite losing its bid to takeover Ladbrokes-Coral merger betting shop ‘offcuts’ which would have given his firm a ‘solid retail platform’, BoyleSports will move to pursue its long awaited plans of …

The bookies may have enjoyed the upper hand across the first two days at Cheltenham, but the punters struck back thanks to an incredible Ruby Walsh and Willie Mullins quadruple on day three. After heading into the day without a victory, the famous horse racing duo made a quick start by prevailing in the JLT Novices’ Chase on Yorkhill (6/4), …

Bookmakers already celebrating a successful start to Cheltenham week will have further cause for celebration with the news that the betting industry will continue to be exempt from European money laundering rules. There was a real danger that the Fourth EU Money Laundering Directive would encompass bookmakers given the classification of gambling as a high risk area for money laundering. …

The UK Government is set to get tougher on money laundering and criminal financing activities by creating new watchdog the ‘Office for Professional Body Anti-Money Laundering Supervision’ (OPBAS).  The body will act alongside the UK Financial Conduct Authority (FCA), as the government seeks to introduce new, stricter money laundering regulations to meet global finance standards. The government will aim to set …

It wasn’t just the bookies that took a battering on day two at the Cheltenham Festival. There were similar struggles for our experts in the Tipster Challenge, sponsored by Betting Gods. Harry Lang, Marketing Director at Pinnacle, could only match the 3.50-point return for both Timeform and bettingexpert’s Stephen Harris. All three landed a single winner on Might Bite (7/2), …

LeoVegas confirmed that its first Cheltenham had “exceeded all expectations”, after watching 2/9 favourite Douvan come 7th in the Champion Chase on a triumphant day for the bookmakers. Less than a year after launching in time for Euro 2016, the Swedish-based mobile gaming specialists acknowledged that whilst a hit could be around the corner, Ruby Walsh’s disappointing start to the …

Industry venture capital firm Velo Partners has invested $700,000 (£575,000) in eSports studio Blinkpool developer of eSports game ‘BlinkPredict’. The UK-based VC that has funded numerous growing new enterprises within betting and igaming, makes its first eSports-centric investment in Blinkpool. Releasing a corporate statement, Velo Partners stated that Blinkpool could become a billion-valuation enterprise by becoming the firm that bridges …