Featured News

News that the SBC Team choose to highlight

Sportech wins £97 million ‘Spot the Ball’ VAT appeal

SBC News Sportech wins £97 million 'Spot the Ball' VAT appeal

Betting technology provider Sportech has been cleared of its long running ‘Spot the Ball’ £97 million VAT repayment dispute with Her Majesty’s Revenues & Customs (HMRC). Today the UK Court of Appeal ruled unanimously in favour of Sportech’s case against HMRC which argues that the company was owed £40 million in VAT, plus added interest, on ‘Sport the Ball’ competition …

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Amaya CEO David Baazov denies all AMF insider trading charges

SBC News Amaya CEO David Baazov denies all AMF insider trading charges

Amaya Inc CEO David Baazov has officially pleaded ‘not guilty’ to multiple charges of insider trading put forward by Quebec’s Securities Regulatory Authority (AMF) Baazov who has placed himself on voluntary leave as CEO of Amaya Inc denies five offences of aiding Toronto TSX trades whilst in possession of privileged information that could influence or manipulate market pricing. On 23 …

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bet365 challenges Bulgaria SCG licence revoke

SBC News bet365 challenges Bulgaria SCG licence revoke

bet365 is set to take the Bulgarian national gambling regulator to court appealing its restriction to operate in the country. Industry legal news source Gambling Compliance details that a bet365’s appeal against Bulgaria’s State Commission on Gambling (SCG) was heard yesterday by the Administrative Court of Sofia, with a further hearing scheduled for 5 May. SCG governance had granted bet365 …

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Serbian Basketball League signs Sportradar integrity deal

SBC News Serbian Basketball League signs Sportradar integrity deal

Sportradar has signed a deal with the Serbian Basketball League (KLS) which will see the Serbian Superlige monitored by Sportradar’s integrity services. The company’s Fraud Detection System will monitor betting across over 450 betting operators, looking over the remaining matches in the current season from today onwards, as well as the upcoming season’s games. KLS Director Leon Deleon explained the …

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ESSA responds to Australian review of illegal offshore wagering

SBC News ESSA responds to Australian review of illegal offshore wagering

ESSA have issued a response to the Australian review of illegal offshore wagering, citing the Interactive Gambling Act of 2001 and stating that Australia had enforced an inconsistent position on in-play (or live) betting. The following points from ESSA covered the inconsistency of this approach:  Australia has enforced an inconsistent position on in-play (or live) betting. The Interactive Gambling Act …

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NYX Gaming 2015 results impacted by acquisition and restructuring expenses

SBC News NYX Gaming 2015 results impacted by acquisition and restructuring expenses

Presenting its full-year 2015 results (period ending 31 December), Toronto TSX-listed gambling technology provider NYX Gaming Group posted a mixed set of top line performance metrics. Closing 2015, NYX would record a revenue uplift of CAD $ 52 million 91% up on FY 2014’s CAD $ 28 million. NYX’s revenue uplift would transfer to Group Profits of CAD $45 million …

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Orville ‘KDem’ Shannon – Empire Arcadia Silverbirds – Going Pro in FIFA

SBC News Orville 'KDem' Shannon - Empire Arcadia Silverbirds - Going Pro in FIFA

EA announced its launch of an esports division back in December 2015 with Peter Moore also announced as COO.  The best known EA Sports franchise is undoubtedly FIFA, and with the latest FIFA Interactive World Cup (FIWC) televised on networks including Fox and Sky Sports, the company is aiming to continue to push the popular title further into the realm …

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