London start-up ‘Wager’ will become the latest incumbent to tackle betting’s ‘social wagering conundrum’ after launching its propitiatory product on the Apple App Store. The enterprise founded by Oxford University graduates Leo Barnes and Elliot Robinson seeks to move wagering away from traditional bookmaker markets by tapping into betting’s ‘growing social trends’. Launching its app, Wager believes that it has …
Read More »
Betfair has advanced its LATAM profile after confirming that it has become an ‘Official Partner’ of CONMEBOL – the governing body of South American football. The partnership, which will extend until December 2022, will see the Betfair brand displayed across CONMEBOL’s flagship Copa Libertadores and Sudamericana tournaments, South America’s most prestigious club competitions. Betfair Brand Director Stephen Mault said: “We are delighted to be …
Read More »
A number of warrants for arrest have been executed across Australia this morning following an investigation into suspicious betting activity on an esports league. The investigation, carried out as part of a joint operation between the Sporting Integrity Intelligence Unit and the Organised Crime Intelligence Unit, was initiated after information was received by local police regarding activity linked to a …
Read More »
More scrutiny is being placed on the UK’s white label operation framework after the Gambling Commission revealed that it has initiated a review into FSB Technology over one of its licensees – Blackbet.co.uk. The UK Gambling Commission (UKGC) said it has instigated the review of FSB’s licence under section 116 of the Gambling Act, which authorises it to take such action if it: …
Read More »
As Boris Johnson’s trip over to the continent has continued to attract attention from UK media, Paddy Power has shortened its odds on whether BoJo can secure a deal with Angela Merkel where a backstop doesn’t exist, despite her outlining a hard line 30-day time limit. The Irish bookmaker has been offering odds of 8/1 that BoJo can agree a deal …
Read More »
Leading Polish bookmaker STS Gaming Group has moved to enhance its interactive gaming capacities, integrating the full portfolio of live studio games supplier BetGamesTV across its digital portfolio. The interactive gaming partnership has launched on of the STS.pl platform, with the bookmaker confirming that BetGames.TV portfolio will be imminently made available on STS’ mobile inventory. Confirming the partnership, STS management …
Read More »
Following the announcement that seven UK on-course bookmakers would be having their licences reviewed by the UK Gambling Commission (UKGC), representatives from the racing sector have called for further information on age verification measures to address under-age gambling. The seven bookmakers had reportedly allowed a 16-year old to place a bet at this year’s Royal Ascot, which took place in …
Read More »
Kenneth Alexander, Group Chief Executive of FTSE gambling group GVC Holdings, has underlined his long-term commitment to the company by purchasing £5 million worth of shares. GVC’s leader confirmed that he had acquired 833,000 shares at a purchase price of 588.17p – the transaction sees Alexander increase his total shareholding in the firm to approximately 2.5 million shares. Issuing a …
Read More »
Spanish business news sources report that Bolsa Madrid gambling group Codere SA has signed a joint-venture agreement with Hard Rock International, which will see both companies develop new gaming properties within Mexico. The joint-venture will begin with Codere and Hard Rock establishing a new ‘tourist complex’ valued at $1 billion, which will see the US leisure and entertainment group develop …
Read More »
Swedish gambling regulator Spelinspektionen has sanctioned a further raft of fines and warnings to licensed operators for breaching its rules on offering ‘under-18’ betting markets. Publishing its latest industry update, Spelinspektionen has fined four licensed incumbents – ComeOn Sweden, Hajper Ltd, Legolas Invest and Faster Ltd – for offering ‘betting on events where the majority of participants are under 18 years of …
Read More »
SBC News Voice of the Sports Betting Industry