Featured News

Paddy Power Betfair forms new US entity with FanDuel

FTSE100 betting group Paddy Power Betfair (PPB), has confirmed that it will create a new US-facing subsidiary, joining forces with daily fantasy sports operator FanDuel. Updating the market this afternoon, PPB governance confirms that it will merge its Betfair US division with FanDuel’s enterprise, as the company seeks to accelerate its position within the newly opened US market. The new …

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Mr Green & Co rebrands to MRG as company sets 2020 vision

Following its ‘Capital Markets Day’, Stockholm-listed European online gambling group Mr Green & Co has announced that it has rebranded its corporate entity to ‘MRG’ (MRG Group). Corporate governance stated that the new group MRG brand reflected the firm’s fast growth profile, and better served its expanded portfolio of online gambling assets. The firm’s markets day would further see MRG’s …

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Cherry AB’s Anders Holmgren under investigation of insider trading

Stockholm-listed online gambling group Cherry AB has released a statement confirming that Chief Executive Anders Holmgren has been placed under investigation by Sweden’s Economic Crime Authority (ECA) on suspicion of insider trading. Swedish news sources report that Cherry’s Stockholm headquarters was searched by police this Tuesday morning, in-relation to ECA’s investigation of Holmgren. The investigation is believed to be in-relation …

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Rank ups Spanish profile with €21 million YoBingo.es acquisition

Rank Group Plc has today confirmed that it has moved to acquire Spanish online bingo operator YoBingo.es for an ‘initial consideration’ of €21 million cash. The acquisition sees Rank ‘deepen its commitment’ to the Spanish online gambling market, in which it currently operates its EnRacha online casino and games brand. Operated by QSB Gaming, YoBingo maintains a ‘top two presence’ …

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SBC coming to America with Betting on Sports conference

America

Sports betting specialist SBC Events, organiser of global conferences Betting on Football and Betting on Sports, is bringing its expertise to America in order to help the gambling industry explore the opportunities afforded by the Supreme Court’s repealing of PASPA restrictions on the betting industry. Betting on Sports America is a two day conference which will be held on 24-25 …

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NFL’s Roger Goodell sets out ‘4 Key Principles’ for US betting

NFL Chief Commissioner Roger Goodell has issued an official statement, on the pro-league’s position with regards to US betting, following last week’s Supreme Court repeal of PASPA’s federal mandate. Goodell and the NFL have been amongst the staunchest opponents of US licensed sports betting, defending the league’s anti-gambling stance on the basis of protecting the sport’s integrity and preventing harm to …

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bet365 confirms Malta expansion but slams ‘wholly inaccurate’ reports

The governance of bet365 has confirmed that it will open a new operations-led office in Malta, but has downplayed weekend news as ‘inaccurate speculation’ regarding its motives. The stoke-based enterprise, responded to an article published by The Sunday Times of Malta, detailing that bet365 would move some 1,000 Gibraltar employees to Malta, as it prepares for Brexit impacts. For its …

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Mr Green seeks to join the esports scene with Gamingzone Entertainment joint-venture

European online gambling group Mr Green & Co, has announced that it will launch its first esports-centric property in partnership with Gamingzone Entertainment. Updating the market, the Stockholm-listed enterprise has confirmed that it will develop an esports entertainment joint-venture with established esports media publisher Gamingzone. “Mr Green and Gamingzone Entertainment have established a joint venture to create a new community …

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SBC and CasinoBeats announce Isle of Man social event

As the opening match of the World Cup kicks off on 14th June, SBC Global is inviting the Isle of Man online gaming community to an early evening of drinks, nibbles and networking in the heart of Douglas. Held at The Railway, on North Quay, the SBC Isle of Man Social is an opportunity for some casual networking for the …

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Jeevan Jeyaratnam – Abelson Info: Understanding the evolution of trading

For betting operators, the intricacies of trading will continue to provide a unique challenge as they look to utilise data and physical trading to provide the perfect pricing environment. Head of Compilation at Abelson Info, Jeevan Jeyaratnam detailed why physical traders still play a crucial role for betting operators, as well as analysing how Asian markets play a role in …

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