Sportsbook

GVC submits claim for HMRC FOBTs rebate

GVC Holdings has become the latest gambling company to issue a claim to Her Majesty’s Revenue & Customs  (HMRC) regarding compensation owed from tax charges related to fixed-odds betting terminals (FOBTs). After William Hill followed the lead of Betfred and Rank Group earlier in the week, GVC has predicted that a successful claim ‘will result in a cash inflow to …

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Spelinspektionen submits match-fixing regulations to European Commission

Spelinspektionen has submitted new regulations and general advice on match fixing to the National Board of Trade for notification to the European Commission. Under the new rules, betting markets would be limited to the top four divisions of football, with betting on the Swedish Cup restricted to matches featuring teams from said divisions. This policy has also been extended to …

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Luckbox gears up for Toronto IPO

Esports bookmaker Luckbox is ‘accelerating plans’ to list its business on the TSX Venture Exchange – Toronto’s marketplace for small-to-mid sized fast-growth enterprises. Luckbox management reveals that during May it recruited TSX fund and ‘capital pool’ advisor Elephant Hill Capital to act as lead agent planning the firm’s IPO route. Elephant Hill has published a prospectus on Luckbox, in which …

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MGA ups integrity commitment with World Snooker partnership

The Malta Gaming Authority (MGA) has strengthened its commitment to integrity after signing a data-sharing agreement with the World Professional Billiards & Snooker Association (WPBSA). The WPBSA is the regulatory authority for both Billiards and Snooker worldwide and is responsible for the global development of both sports, and for the integrity related to the sports MGA Sports Integrity Manager Antonio …

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bet365 elevates US offering with Colorado entry

bet365 has strengthened its presence across the US market after securing a 10-year agreement with Century Casinos. The finalised partnership, undertaken through a subsidiary and having already obtained its master license with The Centennial State, will see bet365 become the casino’s second internet sports betting operator partner in Colorado. The Stoke-based gambling company will operate both an internet and mobile …

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FansUnite accelerates wagering ambitions by acquiring McBookie for $2m 

Scottish bookmaker McBookie (McBookie.com) has confirmed the sale of its business to Canadian sports-tech group, FansUnite Entertainment Inc. McBookie Managing Director Paul Petrie confirmed that a $2.2 million agreement had been reached with Vancouver-based FansUnite, which listed on the Canadian Securities Exchange earlier this month in a bid to expand its sports wagering capacity. Launched in 2009 by former Tote …

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Germany moves forward by presenting unloved framework to EU courts

Seeking to relaunch its gambling marketplace on 1 July 2021, Germany has submitted the revised framework of its Fourth Edition of the ‘State Treaty on Gambling’ to the European Union. Despite numerous revisions, the framework has yet to be ratified by the nation’s 16 federal Länder (states). The make-up of the treaty continues to be debated by regional MPs at …

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IBIA and TIU call for increased due diligence as live sport returns

The International Betting Integrity Association (IBIA) and the Tennis Integrity Unit (TIU) have reiterated the need for betting and sports stakeholders to exercise increased due diligence in the facilitation of betting markets during the coronavirus pandemic. Publishing correspondence between the two, it was emphasised that a ‘risk-based approach’ would be taken to ensure that integrity is maintained in the sport. …

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Mark Brosnan ends Matchbook CEO tenure 

Xanadu Consultancy, the holding company of online betting exchange Matchbook (Matchbook.com) has confirmed that Mark Brosnan has chosen to step down as Chief Executive. Brosnan’s decision will see Xanadu’s CFO Farzad Peyman fulfil CEO leadership duties on an interim basis. Moving forward Xanadu confirmed that Brosnan will continue to serve as a company director to support the firm in developing …

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UKGC shows no uplift in illegal gambling complaints

The UK Gambling Commission’s (UKGC) research department has published new data revealing ‘no increase in the number of complaints’ related to illegal gambling websites during the national lockdown. Tracking data since 23 March, the UKGC stated that there has been no spike in complaints – with a total of 12 disputes related to nine websites in March, and a further …

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