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Business news sources have reported that around £1 billion has been wiped off the value of UK-listed spread betting operators, following the Financial Conduct Authority’s (FCA) industry clampdown on ‘contract for difference’ (CFDs). Yesterday the regulatory body proposed a number of new measures aiming to protect inexperienced consumers and improve overall industry standards. The measures include the introduction of risk …

Paddy Power has put former UKIP leader and Brexiteer Nigel Farage in as a 14/1 shot to land the Time Person of the Year award. Farage has been shortlisted for Time Magazine’s prestigious award alongside the likes of US President-elect and new best friend Donald Trump, and pop music queen Beyonce. Each year Time Magazine gives the title to the person, group, …

Updating its clients and stakeholders, Racecourse Media Group has informed that it will begin to broadcast racing content from Hong Kong on UK TV channels of Sky 432, Virgin 536 and Freeview 231. Having entered a content partnership with the Hong Kong Jockey Club (HKJC), Racecourse Media extends its Asian racing coverage.  Moving forward the specialist broadcaster will now show …

The governance of gambling technology provider Novomatic Group (Novomatic) has confirmed that it has completed its acquisition of the Albanian National Lottery, strengthening the firm’s footprint within Eastern European gambling markets. The deal sees Novomatic take over Albanian Lottery asset ‘Lotaria Kombëtare’ which was granted a 10-year license in 2012 for the provision of lottery services to Albanian consumers. Novomatic …

It has been announced today that gaming company Be The House is launching its unique Cash In Roulette product with William Hill, as it looks to breathe life back into the casino vertical.  Cash In Roulette offers bets over consecutive spins of a roulette wheel, in addition to the traditional single spin roulette. This enables players to be able to place bets …

Updating the market, industry platform provider FSB Technology (FSB) has confirmed that it has entered an agreement to supply football news, stats and insights portal Squawka (Squawka.com) with its fully optimised sports betting solution. Squawka one of the internet’s most popular football portals with an estimated following of + 6 million viewers a month will integrate FSB provisions launching its …

Following today’s ‘Extraordinary General Meeting’ (EGM), shareholders of Stockholm-listed Unibet Plc have approved the firm’s proposed name change from ‘Unibet Group Plc’ to Kindred Group Plc. Updating company stakeholders, Unibet governance detailed that its expects its first full day of trading under the Kindred Group name to be on Monday 12 December 2016.  This September Unibet governance issued a corporate …

It’s been quite a year for political betting junkies. From Brexit to Trump, and via some tasty markets on who, variously, would be the next leader of the Tory party, the Labour Party and UKIP, those with an eye on the front pages have been enjoying a year to remember. But it’ not over yet. Those hoping for one last …

Continuing its strategic partnership with Playtech subsidiary Best Gaming Technology (BGT), the Racing Post has combined to launch its new horseracing and greyhound product across + 12,000 self-service betting terminals within multiple UK operator retail betting estates. The partnership sees Racing Posts digital content which includes detailed racecards, the latest form, results, race predictor, Spotlight tips, key stats and trainer/jockey …

Kenya’s parliament is reported to be reviewing a number of proposed regulatory amendments to its ‘Betting, Lotteries & Gaming Act’, which could see the introduction of tougher controls and severe fines for non-compliant gambling operators. Central to the proposed amendments will be the introduction of marketing/advertising restrictions on Kenyan sports betting operator services. The amendments have been presented by Orange …