Sport

News about sports business

Smarkets builds on Cheltenham success at Aintree

Rachael Blackmore was not the only one who set records at the Aintree Grand National this weekend, as Smarkets recorded a 21% increase in betting volume from 2019. A total of £92.8 million was traded on the platform in comparison to the 2019 figure of £76.5 million, and the 2018 earnings of £57.4 million, whilst from Thursday to Saturday over …

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UK Ministers to launch Football Index probe

UK government Ministers are reportedly planning to launch an investigation into the collapse of ‘football player trading exchange’ Football Index. The Times reported that legislators are ‘deeply concerned’ by the collapse of the operator, after users lost over £100 million following its crash into insolvency. “This case further reinforces the need for our comprehensive review of gambling laws,” a government …

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Katie Walsh says times are changing for racing ahead of Grand National

In two separate marketing releases, UK sports betting operators Betway and Coral spoke to former jockey Katie Walsh and current competitor Tom Scudamore, who each gave a different perspective on the significance of the Grand National. Walsh is one of the most successful women to have ever competed in racing, having achieved over 100 wins including the Irish Grand National, …

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Bookmakers anxious over whether football can really come home

With little fanfare or hype, this week bookmakers priced England at 5/1 joint-favourites (alongside France) to win this summer’s rescheduled UEFA Euro 2020 Championships.  The perennial underachievers in major football tournaments, England is recognised as ‘the gift that keeps on giving for bookmakers’ by allowing them to cash-in on a summer of patriotic bettors chasing that ‘Three Lions glory’. Though …

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MansionBet expands reach with US-centred Sky Sports Racing deal

UK online sportsbook MansionBet will now act as sponsor of US coverage on Sky Sports Racing, as part of an expansion of its existing contract with the broadcaster. Under the terms of the renewal, MansionBet will sponsor race day reviews and previews, expanding its viewership to the US audience, as more and more states in the country embrace legal regulated …

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British sports bodies ‘see the benefits’ of vaccine passports

The BBC has reported that a group of elite-level British sporting bodies have backed the use of vaccine passports as a possible measure for supporting the return of spectators to stadiums. In a letter addressed to the leaders of the major political parties, the FA, Premier League, English Football League (EFL), England and Wales Cricket Board (ECB), the Rugby Football …

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BCCI Anti-Corruption Chief affirms that ‘betting encourages match fixing’

Shabir Hussein Shekhadam Khandwawala, the Board of Control for Cricket in India’s (BCCI) new Chief of the Anti-Corruption Unit (ACU) has taken a strong stance against legalised betting. The new anti-corruption leader’s opinions are in stark contrast to former BCCI ACU head Ajit Singh, who believed that stricter regulations of India’s betting industry would assist with controlling and combating corruption …

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Euro 2020 marketing funds likely to be wasted

Ahead of this summer’s Euro 2020 Championship, sports betting brands will be embarking on a marketing blitz as they jostle for position to be front of mind when the football crazy population look to place bets on the long awaited tournament.  However much of this marketing spend is likely to be wasted, according to Solitics CEO & Founder Tomer Baumel, …

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Elgin City’s Kane Hester denies betting conspiracy allegations

Kane Hester, a striker for Scottish football club Elgin City, has denied involvement in a betting conspiracy to defraud bet365 of £13,583. The footballer is alleged to have participated in a scheme with three men from Montrose in which he agreed to stamp on a Hibernian FC player in order to get booked by referee Willie Collum in a fixture …

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bet365 heads betslip leaderboard in Oddschecker Cheltenham report

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

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