Sportsbook

The latest sportsbook news for the gambling industry.

Raab’s rude departure sees odds tumble on a May 2018 exit

SBC News Raab’s rude departure sees odds tumble on a May 2018 exit

A morning of Whitehall chaos, following the resignation of Dominic Raab as Brexit Secretary, sees all bookmakers revise their UK political markets. Raab becomes the second chief Brexit negotiator to resign this year, disagreeing with PM Theresa May on the UK’s draft withdrawal terms from the European Union which were presented to the Cabinet on Wednesday. Resigning from May’s office, …

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Critical year-1 success sees Bethard renew with SBTech as lead betting partner

SBC News Critical year-1 success sees Bethard renew with SBTech as lead betting partner

Industry platform provider SBTech will continue to act as the lead betting services provider for new European multi-market brand Bethard (Bethard.com), after securing a comprehensive contact extension for a further five years. Launched at the start of 2018, Bethard details that SBTech’s complete sportsbook provisions have played an instrumental part in the new betting incumbent achieving its year-1 growth targets …

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DraftKings enhances New Jersey footprint

SBC News DraftKings enhances New Jersey footprint

DraftKings has partnered with the Resorts Casino Hotel, the first casino hotel in New Jersey, for the launch of a premium sports betting experience at the venue. The operator has announced that the sports betting venue, which is set to open its doors in at the end of this month is nearing completion, pending approval from the Division of Gaming Enforcement. …

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bet365 makes its US play through Empire New York alliance

bet365

Leading European online bookmaker bet365 has forged its first US-centric sports betting partnership with Nasdaq-listed gambling group Empire Resorts Inc. Issuing a market update, bet365 enters a 20-year agreement with Empire, which will see the online betting group become lead digital and land-based sports betting services provider for the ‘Resorts World Catskills’ casino in upstate New York. At present, Resorts …

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£1m ‘third party’ punter case delayed

SBC News £1m ‘third party’ punter case delayed

The £1m dispute between Irish student punter Megan McCann and the world’s largest bookmaker, bet365, has been further delayed as both parties reassess their arguments for the case. The hearing, which could have significant implications for the way terms and conditions are viewed in a legal sense and also potentially the ability for operators to screen who is betting with …

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Codere eyes Malta expansion for tax relief

SBC News Codere eyes Malta expansion for tax relief

Embattled Spanish gambling group Codere SA is reported to be reviewing its financial structures, seeking to increase its operating presence within Malta, as corporate governance moves to lessen the firm’s fiscal liabilities. The Bolsa-Madrid enterprise seeks to replicate the operating structure of many European gambling counterparts, maintaining its management headquarters in Madrid, whilst migrating certain operational departments to Malta. At …

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Kambi strengthens US footprint with Pennsylvania casino partnership

SBC News Kambi strengthens US footprint with Pennsylvania casino partnership

Kambi has unveiled a multi-year agreement with Greenwood Gaming and Entertainment, owner of the largest casino gaming complex in the U.S. state of Pennsylvania, Parx Casino. The deal will see Kambi provide its sports betting platform, range of managed services and renowned land-based wagering experience to Parx Casino, which will later be complemented by the launch of a Parx-branded online …

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FSB gains Caribbean vision leading PowerPlay expansion

SBC News FSB gains Caribbean vision leading PowerPlay expansion

FSB Tech has announced that it has completed its systems upgrade for leading Caribbean sportsbook operator PowerPlay (PowerPlay.com), expanding its new markets profile. Announcing its first Caribbean-centric partnership, FSB becomes the lead online betting and casino platform supplier for PowerPlay, Jamaica’s biggest online sportsbook. In its corporate update, FSB details that it has delivered a tailored betting solution for PowerPlay, …

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Market Makers Delight! Smarkets introduces new ‘1% pro-tier’ commission

SBC News Market Makers Delight! Smarkets introduces new '1% pro-tier' commission

Online betting exchange Smarkets has confirmed the introduction of a new ‘1% pro-tier’ commission operating across its platform, supporting ‘market-maker’ traders. Yesterday, Smarkets Chief Executive Jason Trost announced the betting exchange’s new commission structure on the firm’s corporate blog – stating that it would support ‘fairness and transparency’ for players across its platform. The commission restructure sees Smarkets realign its …

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Liverpool FC’s Daniel Sturridge charged with betting breach

SBC News Liverpool FC's Daniel Sturridge charged with betting breach

Liverpool FC and England international striker Daniel Sturridge has been summoned by FA officials to explain alleged breaches of football’s code of conduct with regards to football betting, an activity strictly prohibited by FA rules. Sturridge (29) is alleged to have breached Rule E8 concerning FA registered professional athletes, managers, coaches, and club staff wagering on football matches, events or …

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