Sportsbook

FACUA lambasts Spanish advertising decree for maintaining football sponsorships

Spain’s long-awaited Royal Decree on Advertising is expected to cut gambling communications by 80 per cent, with the country’s government seeking to clamp down on a variety of betting-related marketing activities. The left-wing coalition, formed by the PSOE and Podemos parties, is expected to tighten restrictions on betting advertising channels after claiming that the gambling industry was ‘over-exposed to young audiences’. Market critics cite …

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SportCaller teams up with Virgin Bet to launch LiveScore6

Free-to-play (FTP) sports-game specialist SportCaller has secured a new partnership with Virgin Bet which will see its latest predictor game LiveScore6 launched exclusively with the operator. The game will give punters the chance to predict scores from six predefined games across the weekend football fixtures, with rewards available via Virgin Bet’s ‘scaled points system’ for each correct prediction. SportCaller MD …

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Short Sellers target UK betting’s regulatory exposure

City news sources report that an £80 million bet has been placed against GVC Holdings, believing that the FTSE250 betting group’s share price will significantly devalue within the coming weeks. The short position against GVC has been taken by Chicago-based hedge fund Citadel, a $32 billion fund led by renowned activist investor Ken Griffin. Citadel analysts have confidence in betting …

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MoPlay declared insolvent following licence suspension

Following the suspension of its operator licence last week, Addison Global’s MoPlay brand has confirmed that the business is now insolvent and has halted customer withdrawals. The operator had its licence suspended after the UK Gambling Commission said in a statement that it suspected ‘that Addison Global Limited has breached a condition of the licence (section 120(1)(b) and is unsuitable …

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BA regulators approve online licensing criteria

Outlining plans to launch its online gambling market in Q4 2020, legislators in Buenos Aires have given the green light for new regulations which would set the criteria for online gambling licensees. BA city gambling regulator, the Loteria de la Ciudad (LOTBA), has suggested that sports betting, slots, lottery and casino table games could be made available across the city …

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Andrew Lyman – Brexit is no ‘doom & gloom scenario’ for Gibraltar gambling

Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub to navigate Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, …

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Paddy Power… England & Ireland need a deep chat ahead of Cheltenham

Paddy Power launches its 2020 Cheltenham Festival advertising campaign, stating that ‘neighbour to neighbour’, Ireland and England ‘need to have a chat’. Moderating proceedings, Paddy Power marketing has recruited the help of Irish acting royalty as Colm Meaney delivers the bookmaker’s urgent message to English sports fans. The Irish bookmakers 2020 Cheltenham Festival (10-13 March) campaign will make its debut tonight, …

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MGA suspends Dorobet B2C licence

The Malta Gaming Authority (MGA) has continued its crackdown on non-compliant operators after confirming that it has suspended Dorobet’s B2C gaming service licence. The suspension comes as the regulator revealed the online gambling operator was in breach of rules relating to regulatory payments, with the cancellation said to be effective immediately. Three breaches were identified by the MGA in its …

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Smarkets – Dismal TV outing lengthens Bloomberg’s DNC odds

Tracking the US Democratic Party leadership race, Smarkets Politics predicts that there will be ‘no Bloomberg Surprise’ as the DNC Primary heads towards its make-or-break ‘Super Tuesday’ ballot on Tuesday 3 March. This Wednesday billionaire Michael Bloomberg, who has reportedly spent $500 million on campaign advertising, made his TV debut in Las Vegas challenging DNC 2020 suitors. The TV debate …

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UKGC suspends Addison Global licence

Following on from the decision made by the Gibraltar Gambling Licensing Authority (GLA) yesterday, the UK Gambling Commission (UKGC) has suspended Addison Global’s operating licence. The suspension comes as the UKGC suspected ‘that Addison Global Limited has breached a condition of the licence (section 120(1)(b) and is unsuitable to carry on the licensed activities (section 120(1)(d) of the Act).’ The …

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