Sportsbook

The latest sportsbook news for the gambling industry, sponsored by Metric Gaming

Bolsonaro veto expected for proposed Brazil gambling regulation

Brazilian President Jair Bolsonaro has revealed in an interview with Veja that he has been in touch with government officials in regards to a proposed gambling legislation but warned that he will not allow the market to be regulated, according to a report shared by BNL Data. As Bolsonaro admitted, “the measure will not count with the support of the Government …

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René Jansen: Only 10 operators qualify for first KOA licensing window 

 There will be 10 licensed operators to start in the Netherlands’ new KOA online gambling regime, which will officially open on Friday 1 October. The development was disclosed by René Jansen, chairman of Kansspelautoriteit (KSA) – the Netherlands gambling regulatory authority – who was speaking to delegates of the Gaming in Holland Conference.  The 10 applicants will be revealed by …

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Hollywood giant Endeavor joins US wagering ranks acquiring Openbet for $1.2bn

Scientific Games Corporation has confirmed that its Openbet subsidiary will be sold to Hollywood based sports and entertainment group Endeavor Holdings for a total consideration of $1.2 billion (€1.05bn). Reaching definitive terms, Endeavor – the investment fund of US entertainment moguls Ariel Emanuel (CEO) and Patrick Whitesell (Chairman) – will pay $1 billion cash and $200 million in Endeavor NYSE …

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Rhodes offers UKGC perspective on Football Index enforcement  

Andrew Rhodes, the interim Chief Executive of the UK Gambling Commission (UKGC), has published a video response to the independent review of the collapse of Football Index.  As noted last week, the Commission has established new practices in how it evaluates the risks of novel products recommended by the review and to strengthen its working relationship with the Financial Conduct Authority …

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Genius Sports boosts Polish market presence via STS deal

Genius Sports has struck a partnership with Polish operator STS, focusing around driving the expansion of the latter’s in-play offering via the leveraging of data. As a result of the agreement, STS will gain access to the NYSE-registered sports data and technology firm’s LiveData and LiveTrading solutions to deliver official data across thousands of sporting events each year, as well …

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DAZN appoints Ian Turnbull to oversee sports betting operations

Subscription sports streaming service DAZN has appointed former Entain executive Ian Turnbull as its new EVP of Betting and Gaming, as the firm looks to increase its engagement with the sector.  Turnbull’s career in the betting and gaming space saw him work as Microgaming’s Services Director, and most prominently as Head of B2B at Entain – prior to its rebrand …

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Better Collective bolsters Dutch foothold ahead of online market launch

Better Collective has moved to strengthen its position in the Dutch betting and gaming market via two acquisitions, ahead of next month’s online launch.  Separate transactions consisting of upfront payments of €5.9 million and €3.75 million has seen Better Collective acquire sports media website Soccernews.nl and ‘well established’ online sports betting community Voetbalwedden.net. Although Better Collective anticipates a positive impact …

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Carsten Koerl: Legacy systems hinder betting’s global opportunity

Sportradar CEO Carsten Koerl has warned industry leadership to prepare for seismic changes across all components of betting’s value-chain, transforming how incumbents engage with global sports audiences. Day-2 of the SBC Barcelona Summit provided a dissect of the pioneer’s technology perspectives, fresh from guiding Sportradar through its $8 billion public listing on the US NASDAQ  Having achieved the feat of …

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Swedish Inspectorate sides with Finance Ministry on gambling advertising

virtual sports - 01.06.2020, Schleswig, the Swedish flag with the yellow Scandinavian cross on a blue background, illuminated by the sun against a blue sky and blowing in the wind. | usage worldwide

The Swedish Gambling Inspectorate, Spelinspektionen, has updated its response to the Swedish government’s consultation for amendments to the 2018 Gambling Act as part of the Gambling Market Inquiry. In its response, the Inspectorate has detailed that it is ‘generally positive’ about the Finance Ministry’s proposal to introduce a special moderation clause with regards to marketing games to consumers.  The proposed …

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Patrick Svensk steps down as Betsson Chairman after shareholder criticism

Major shareholders at Betsson AB have stated that ‘they no longer have full confidence’ in Patrick Svensk, prompting the Chairman to resign from his position on the company’s Board. Svensk informed the company’s Nomination Committee that he would resign from the position he has held since 2017 with immediate effect, whilst the firm has disclosed that Board member Johan Lundberg …

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