UEFA, the governing body of European football, has confirmed that all club finals have been ‘postponed indefinitely’ as a result of the ongoing COVID-19 crisis. Last night, UEFA issued a short statement confirming its decision to postpone its roster of May finals for the Champions League and Europa League tournaments for both men and women’s football. In its update, UEFA …
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Golden Race has launched the latest version of its fully-managed virtual sportsbook, which it hopes will help to fill the void left by sports postponements. The online betting platform, available on both desktop and mobile, is tailored towards ‘the demands of the players who usually bet on real sportsbooks’ by featuring a variety of virtual sports and games. Users can …
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Malta’s business community and trade unions have urged the government to rethink terms and conditions attached to its €1.8 billion COVID-19 ‘rescue package’. Last week, Malta’s new Prime Minister Robert Abela presented the Labour Party’s COVID-19 economic pledge, focusing on maintaining liquidity of Malta businesses. The Malta Treasury’s headline policy saw the government commit to a €1.6 billion liquidity fund which …
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COVID-19 has continued to have widespread impacts on both the sporting and betting industries, with H2 Gambling Capital data revealing that the pandemic has led to a 11% drop in forecasted global gambling revenues in 2020. According to the gambling data specialist’s new weekly COVID Impact Tracker, 2020 global gambling gross win forecasts have been downgraded from $473bn to $421bn. …
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BetWarrior has paid out all bets made on events postponed or cancelled by the COVID-19 crisis, allowing punters to regain their winnings even if the competition was to resume later in the year. The deal will only be available for customers who placed a wager before March 12 and ranges from every sporting vertical including the NBA, La Liga, the …
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Strengthening its media rights portfolio, global sports provider Eleven Sports has been granted live and exclusive rights for Belgian domestic football as part of a five-year agreement. Under the terms of the agreement, Eleven Sports will gain the rights to the Belgian First Division A, the First Division B, the women’s Super League, the Belgian Cup and the Belgian Super …
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Stockholm-listed Kindred Group Plc has become the latest to fall foul of Swedish gambling inspectorate Spelinspektionen’s rules on customer bonusing and incentives. Spelinspektionen has confirmed that it has issued Kindred a fine totalling SEK 100 million (€9m) following an inspection undertaken across its Swedish brand portfolio. The regulator stated that Kindred’s flagship Unibet brand, as well as subsidiaries Maria Casino, …
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Esports is one of the fastest growing entertainment sectors in the world today, with industry revenues set to grow to over £930m this year, according to a report by market intelligence firm Newzoo. With the industry starting to take shape, it is imperative that the betting industry conforms to the scene in order to fully maximise the sector’s huge potential. …
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Sports betting supplier Wiseodds has confirmed the launch of its new ‘skill-based peer-to-peer platform’ which will combine the social element of online poker with sports betting. The new platform allows punters to compete against one another in ‘poker-inspired rooms’ to predict the outcome of sporting events. Lilit Nikoghosyan, Head of Operations at Wiseodds, said: “We’re delighted to announce the launch …
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The UK Gambling Commission (UKGC) has undertaken a review into the licence of International Multi-Media Entertainments Limited, which operates lottery betting site Lotteries.com. The suspension, which is effective immediately, comes after the operator was found to be in breach of the Commission’s AML and social responsibility protocols. “We have instructed the operator to ensure that it facilitates customers’ accessing their …
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