Sportsbook

Paddy Power Betfair and FanDuel have confirmed the creation of a new operator to the US market, merging its Betfair US brand with renowned daily fantasy sports operator FanDuel. The combination enriches the potential online betting experience in the US, and creates the largest online sports destination in the country, with a range of products and experiences for all sports fans. FanDuel …

Payment processing firm Worldpay is predicting a “Wager Wednesday” ahead of England’s semi-final clash with Croatia, with the Three Lions’ winning streak sending the UK into a betting frenzy. Gareth Southgate’s boys are on the cusp of glory moving into the match, and Worldpay’s analysis of consumer spending suggests that wagering will far surpass that seen in previous rounds. A …

The Stars Group has announced today that it has completed its previously announced acquisition of Sky Betting & Gaming. The deal, which is believed to be worth around  $4.7 billion, comes after the Stars Group successfully executed its public share offering raising $622 million in capital for this acquisition. Rafi Ashkenazi, The Stars Group’s Chief Executive Officer, commented on the deal: “This …

LeoVegas has strengthened it core group management team, as the gaming operator also intensifies its focus on responsible gaming via its LeoSafePlay system. Firstly Richard Woodbridge joins as the new Chief Operating Officer, joining from the COO role at Ellos Group, and will have overarching responsibility for operations at LeoVegas’ offices in Malta. Taking up the new role on 7 …

Sportradar has unveiled two new strategic partnerships with the Canada Pension Plan Investment Board (CPPIB) and Silicon Valley-based growth equity firm TCV. CPPIB, through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and TCV will together acquire a stake in Sportradar at an enterprise value of €2.1Bn ($2.4) from private equity firm EQT and certain minority shareholders. Carsten …

Revolt, within the Conservative Party may tip Britain towards a snap General Election being called for in 2018, as Brexit chaos governs all UK politics. Bookmakers have adjusted their political betting markets, following the events of a ‘manic Monday’ which saw LEAVE stalwarts David Davis, Secretary for Exiting the EU and Foreign Secretary Boris Johnson resign as senior cabinet ministers. …

B2B supplier Relax Gaming has expanded its presence in the Baltic region, after agreeing to integrate its table games and slot content with online casino operator Optibet. The operator will roll out the supplier’s cost-effective blackjack and roulette games in the first instance, with the introduction of the slot games set to follow. Relax’s blackjack offering allows players several opportunities …

Sports betting integrity body the ESSA has welcomed a report that recommends licensing and regulating gambling in India. The 145-page report, published by the Law Commission of India, concluded by saying that “there could always be an option to have a relook at the earlier approach of a complete ban”, due to the rise in online gambling making it far …

Betsson Group has announced the appointment of Roderick Spiteri Schillig as Head of Employer Branding and External Relations. Betsson’s new appointment will be part of the firm’s corporate communications team, and will primarily be tasked with taking care of Betsson Group’s relations with trade media and local media in Malta, acting as the spokesperson for communications matters. He will also …

Chris Taylor, Head of Football at Metric Gaming, looks at the challenges sportsbook traders face during major tournaments, such as the World Cup. The World Cup has delivered a run of surprise results to date; Argentina, Spain, Portugal and reigning champions Germany have all been eliminated. And perhaps the biggest shock of all – England beat Colombia in a 4-3 …