Smarkets has issued a ‘post-election day update’ on ongoing US 2020 developments following a rollercoaster 48-hours of trading on its betting exchange, as US swing states continue to count mail-in votes to conclude a divisive Presidential race. A night of high drama saw all pre-election polls trashed, as US 2020 chose to follow no intended script, instead putting electorate and …
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The International Betting Integrity Association (IBIA) has identified and reported 76 incidents of suspicious betting issued to respective authorities during the third quarter of 2020. The betting alerts covered seven different sports and found the most cases in football and tennis, which each held 25 incidents, making up 66% of the total. Meanwhile, the IBIA revealed that esports followed closely …
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“The third quarter of 2020 has delivered a significant step forward for GiG as a B2B focused organisation,” wrote CEO Richard Brown, as the company’s quarterly revenues reached €17.9m with EBITDA of €3.2m. Adjusted revenues were recorded at €14.2m – an increase of 42% from €10.0m year-on-year, while EBITDA was up by €3.6m. This growth, said Brown, was complemented with …
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On the eve of what’s been touted as the most important American Presidential Election in decades, it’s estimated that over $1bn will have been wagered on the outcome of Trump versus Biden, none of which will have changed hands legally in the US. A missed opportunity? According to Sarbjit Bakhshi, Head of Political Markets at Smarkets, absolutely. Speaking during a high-profile panel …
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Sydney-based sportsbook and fantasy sports operator PlayUp has secured $25 million through the completion of an oversubscribed capital placement. PlayUp said that it has secured the $25 million funding on terms related to a ‘non-renounceable entitlement offer’ underwritten by Investorlink Securities AFS, which the company will use to launch its US wagering proposition. Targeting expansion within the $17 billion US …
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The government of Ontario, Canada’s most populous province, is set to move ahead and establish the foundations for a liberalised igaming market – a move that will likely have significant consequences for how Canada chooses to regulated sports betting. Publishing its provincial budget, Ontario’s legislative assembly will reveal its conditions for launching a regulated igaming marketplace – a subject that …
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The NBA will maintain its existing data supplier arrangement for the global sports betting sector, continuing to utilise Genius Sports and Sportradar as lead distributors for bookmakers and wagering-related activities. The arrangement will continue to see Sportradar act as lead NBA and WNBA for data distributor US and global sports betting markets, as Genius maintains its position as an NBA …
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Nick Haynes from Form Labs suggests PSG’s response to a slow start in Ligue 1 may be a sign of normal things to come for the big teams across Europe and questions whether the bookies have been slow to react to a slowing of the goals, before highlighting four ‘Impact Players’ to keep an eye on in the Premier League. …
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In this month’s Better Collective Spotlight we had a chat with Edward Fowler (pictured), Marketing Technology Lead at Better Collective, to discuss the future of omnichannel marketing, and to gain a better understanding of how the company utilises it for US facing sports betting information site VegasInsider.com. SBC: Better Collective has developed massively in recent years. Can you give a …
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Betfair is braced for a mammoth US Election on Tuesday 3 November, as its betting Exchange breaks the £200 million barrier on the outcome of US 2020 Presidential race. Frantic trading on Trump-Vs-Biden has surpassed total wagers placed on the Super Bowl, Grand National and World Cup final combined, with Betfair analysts stating that with just five days to go …
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