FIFPro has completed its biggest ever football survey, which found that nearly 45% of players earn less than $1,000 a month, and 60% receive less than $2,000 a month. In fact, only 2% of players take home $720,000 or more per annum, and 40% of players experience late payment of wages. The ‘Global Employment Report’, which was conducted by Manchester …
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Field trip – a look at the betting shops in Sikkim, India
India Bet managing director George Oborne takes us through his recent trip to Sikkim in order to visit the attempts to move into retail betting in the area. Living in India offers up many pleasures. High grade curry is one of them, a hassle-free punt, however, is not. The luxury of the local, high street bookie is absent and therefore, …
Read More »Teddy Sagi cashes in on 10% of Playtech Plc
Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …
Read More »Betfair expects Zach to maintain Richmond but bookmaker does not rule out a Lib Dem comeback
Betfair expects Zach Goldsmith to maintain his Richmond Park constituency, despite resigning from the Conservative Party last October following the decision by Government to approve a third runway at Heathrow airport. Goldsmith priced at 1.3 by Betfair, will run unopposed for by the Conservative Party who have backed their former MP as an independent candidate for Richmond Park. However, Betfair …
Read More »Vermantia expands virtual games portfolio with LEAP Gaming
Vermantia has announced a new partnership deal with LEAP Gaming, a provider with over nine years’ experience of creating realistic 3D Games and Virtual Sports products across multiple platforms. The partnership enables Vermantia to expand its virtual games portfolio by adding new virtual sports, including Virtual Tennis and Virtual Speedway, all available for retail, online and mobile. The new games …
Read More »Bingo on the march with Stride Gaming
UK-facing bingo brands Moon Bingo and Robin Hood bingo helped push revenues up substantially at Stride Gaming which bought the sites as part of an acquisition in the summer. The two brands came with the Tarco assets bought alongside Netboost media and 8Ball for a combined £70 million in July. The acquisitions contributed to the 22 percent rise in net …
Read More »ahaWorld acquires majority stake in South American betting operator
Updating the market, Swedish Aktietorget-listed igaming operator ahaWorld has detailed that it will enter the South American betting market having acquired a majority of equity in an unnamed regional operator. ahaWorld governance informed investors that the company had signed a ‘letter of intent’ for the transaction of a 51% stake in the South American enterprise. The operator will further be …
Read More »The FA fines Jack Colback £25,000 for betting misconduct
Jack Colback has been fined £25,000 after accepting an FA misconduct charge in relation to betting. The Newcastle midfielder breached FA Rule E8 by placing a bet on a fixture that took place on March 16. While it was not a match involving his club, or in the division they were playing in at the time (Premier League), FA Rules …
Read More »SBC launches Hall of Fame to recognise individual achievements
Sports Betting Community is proud to announce the launch of the Sports Betting Hall of Fame, a new initiative created to recognise outstanding individual achievements within the sports betting industry. At next week’s SBC Awards 2016 on 7 December, SBC will recognise three members of the sports betting community who have made a real difference to the sector over the …
Read More »AOC aims to arrest decline by emulating Britain’s lottery system
Australia’s Olympic Committee (AOC) President John Coates has thrown ‘100% support’ behind calls for an A$50 million (£29.86 million) lottery to boost funding for sport in the country. The proposal comes after Australia’s disappointing 10th place finish in the medals table at Rio 2016, which continued a decline from fourth place in both Sydney (2000) and Athens (2004). Coates made …
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