Sportsbook

US private equity fund Apollo Global Management (Apollo) has this morning confirmed that it has acquired a 48.6% stake in Italian gambling group Gamenet SPA. Issuing a market filing, Apollo confirms that it aims to delist the company for its index on the Borsa Milan stock exchange. A former Italian gambling subsidiary of Greek gambling group Intralot SPA, in 2018 …

Former Interwetten CEO Werner Becher has joined Sportradar as the company’s new managing director of US betting based in New York. Becher will be focused on the growth, development and execution of Sportradar’s betting strategy in the US, including the deployment of capital through “organic and inorganic investments” such as the recent acquisition of Optima. He left Interwetten in December …

Publishing its quarterly report for Q3, the International Betting Integrity Association (IBIA) has noted a ‘significant downturn in alerts’ of suspicious betting activity to the relevant authorities. The IBIA has recorded 50 cases of suspicious betting during Q3, with tennis and football making up 90% of the alerts.  Khalid Ali, Secretary General of the International Betting Integrity Association, stated: “The …

Industry multi-channel platform and systems supplier Digitain has bolstered its sportsbook capacity by launching new betting engine ‘Bet Generator’ – a fully customisable vertical tailored for player preferences. Announced as a major product initiative, Bet Generator has come to market with a host of unique features and innovations, such as allowing players to set desired wagers and potential returns on their …

Racing content and data provider Sports Information Services (SIS) has confirmed the appointment of Ian Baynes, who will drive the company’s international expansion strategy through his new role as Commercial Director.  In his new role, Baynes will be responsible for SIS’s Sales function, tasked with increasing the company’s international penetration and commercial revenues, as well as maximising opportunities with existing …

Four Spanish licensed incumbents have had specific licensee provisions withdrawn ‘for inactivity’ sanctioned by gambling regulatory authority the DGOJ. This October, the DGOJ undertook a review of operators’ current market status, which forced the regulator to terminate specific licensee provision attached to Unidad Editorial Juegos, Beatya Entertainment, Paf Consulting ABP and Winamax Espana. Publishing its judgement, the DGOJ details that …

English League One side AFC Wimbledon has parted company with manager Wally Downes after he was issued with a four-week suspension from all football-related activity following a breach of betting rules.  Announcing his departure, the club cited that a change of manager was the best route to retaining its upturn of results in recent weeks, whilst Downes has served a suspension.  …

The UK Gambling Commission (UKGC) has issued a reminder to industry stakeholders that its call for evidence on its ‘gambling with credit cards consultation’ will close on 6 November. The UKGC officially launched its credit card consultation on 14 August, having completed its initial responses on 24 July, establishing wagering with borrowed money as a risk factor, as consumers can …