Sport

News about sports business

BetHard connection could lead to three-year ban for Ibrahimovic

Swedish international footballer Zlatan Ibrahimovic could face a three-year ban from the sport due to his ongoing partnership with Malta-based operator BetHard. The AC Milan striker’s company is the fourth largest investor in the online sportsbook – which reported a profits before tax of £25.76 million profit after tax in 2019 – amounting to a total share of 10%, according …

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BOS supports rejection of Swedish horse racing levy

The Swedish Trade Association for Online Gambling, BOS, has supported the Gambling Market Inquiry’s rejection of a potential horse racing levy. A proposal to introduce a five percent betting levy had been seen by horse racing industry figures in Sweden as a means to distribute funds to the sector. However, the Gambling Market Inquiry rejected the proposal in its entirety, a …

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UK racing reschedules Saturday fixtures in respect of HRH Prince Philip’s funeral

UK racing has rescheduled its forthcoming Saturday’s afternoon fixtures to mark its respect for the funeral of His Royal Highness Prince Philip, the Duke of Edinburgh, who passed away last weekend aged 99.  The British Horseracing Authority (BHA) has confirmed that no racing will take place across the UK between 2:45 pm and 4:15 pm on Saturday 17 April. Yesterday, …

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Scientific Games’ OpenSports finds more success at Grand National

Scientific Games has broken its records again in 2021, this time at the Grand National at Aintree Racecourse on Saturday, building on the success of its OpenSports platform at the Cheltenham Festival. The Nasdaq registered firm reported over 50 million bets placed through OpenSports, utilised by a range of online and retail operators, with over 19 million bets placed on …

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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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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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