Facebook has become the latest US tech giant to confirm that it will comply with the approved mandate of the new Italian coalition government’s ‘Dignity Decree’. Updating its Italian advertising terms and conditions, Facebook states that it will no longer accept adverts, promotions, pages, Instagram accounts and apps that promote or facilitate online gambling. “Pursuant to recent legislative developments, our …
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Apax acquires Genius Sports targeting global sports data domination
US multi-national private equity firm Apax Partners has reached a ‘definitive agreement’ to acquire leading sports data and media distribution firm Genius Sports Group. A proven PE investor in technology and telecom enterprises (King.com, Orange, Aptos), Apax confirms that it has agreed to acquire Genius Sports outright from ‘founders, management, funds advised by Three Hills Capital Partners (“THCP”) plus other …
Read More »Blackstone eyes tricky Codere Spain buyout
Spanish business news source OK Diario has reported that US multi-national private equity firm Blackstone is preparing a bid for Grupo Codere, Spain’s largest gambling operator. The private equity firm, seeks to create the world’s leading Spanish-language gambling/betting group, merging its recently acquired Grupo CIRSA asset with Codere’s enterprise. In its report, OK Diario details that Blackstone executives have turned …
Read More »GambleAware publishes UK donations as charity plans for critical 2019
Seeking to bring transparency to its current ‘voluntary funding arrangement’, industry charity GambleAware has published details of donations and pledges received by industry stakeholders. Updating the market, GambleAware details that the ‘total amount of money pledged and received during Q1 2018 (April-June) amounted to £2.8 million’. At present, industry incumbents that support GambleAware initiatives are required to contribute annually a …
Read More »No constraints! BetBright launches BetFeed open platform
Independent online bookmaker BetBright has moved to develop a more open, informative and engaging experience for its customers, launching its new platform ‘BetFeed’. The BetFeed platform will support BetBright markets, by offering customers unique market insights and data on popular bets and events. “BetFeed, an industry first, offers a unique insight into which events or bets are popular with other …
Read More »World Cup fallout sees Kambi eyeing global growth
On the back of a successful second quarter of 2018, turnkey sports betting service Kambi is setting its sights on expansion across a number of key markets. Aided by the beginning of the Russia World Cup, hailed as “a huge success for Kambi and our operators, with turnover, revenues and active players reaching all time highs” by CEO Kristian Nylén, …
Read More »Paddy Power prices down ‘Referendum Part Deux’!
The UK government’s struggle to finalise terms on a 2019 Brexit arrangement, has seen Paddy Power Politics price down its odds on a ‘Second UK-EU Referendum’. Updating its UK political markets, Paddy Power now rates the chances of a second referendum before April 1st 2019 at 9/4 slashing down its previous odds from 3/1. This week the EU’s Chief Brexit Negotiator Michel Barnier …
Read More »BetVictor unveils popular Premier League handicap markets
BetVictor has unveiled its ante post handicap markets for the upcoming Premier League season, with it offering 15/1 the field. Champions Manchester City are available on scratch, meaning Guardiola’s side must give their 19 rivals a point start in the market ranging from a 6 point handicap to Liverpool to a 46 point handicap to newly promoted and relegation favourites …
Read More »Sky Bet launches new ‘Group Betting’ functionality
Online bookmaker Sky Bet has announced the launch of its new feature ‘Group Betting’, allowing its customer to form ‘community accumulators’. ‘The concept is for a group of friends to create a Group in which they build a Group Bet (Accumulator) by each member of the group making one selection each’ details Sky Bet in its product release. When the …
Read More »Interwetten ups mobile engagement with Wiraya activation solutions
German-language online bookmaker, Interwetten has confirmed that it will utilise Wiraya personalisation and automated technologies to drive customer engagement through its mobile verticals. Updating the market, Interwetten marketing has installed Wiraya’s ‘Mobile Activation Solution’, which has been launched through the bookmaker’s key markets of Germany, Austria and Switzerland. Interwetten details that Wiraya’s automated mobile player communications were used during World …
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