Sportsbook

The latest sportsbook news for the gambling industry.

GIG targets ‘Sports expansion’ following strong 2018 opening

SBC News GIG targets 'Sports expansion' following strong 2018 opening

Publishing its Q1 trading update (period ending 31 March), Oslo-listed online gambling firm Gaming Innovation Group (GIG) has detailed confidence in hitting its full-year targets following a strong opening to 2018. Driven by strong organic growth across its online gambling brands, GIG reports period group revenues of €37 million up 62% on corresponding Q1 2017’s €23 million. Updating the market, …

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New Chapter… Scientific Games promotes Barry Cottle to Group Chief Executive

SBC News New Chapter... Scientific Games promotes Barry Cottle to Group Chief Executive

Updating the market, Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has confirmed the appointment of Barry Cottle as new President & Group CEO. Cottle is expected to take full leadership of SGC group operations on 1 June, replacing incumbent Kevin Sheehan, who will remain as a corporate senior advisor. A seasoned technology and entertainment executive Cottle has led SGC’s …

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Peter Jackson – Paddy Power Betfair eyes growth in disruption  

SBC News Peter Jackson – Paddy Power Betfair eyes growth in disruption  

Taking on Paddy Power Betfair’s Q1 investor conference call, Group Chief Executive Peter Jackson has stated that the FTSE100 betting group has made substantial progress on its key initiatives, despite closing a disappointing trading period. With PPB development teams delivering the firm’s combined technology platform this January, Jackson details significant progress on his initial leadership goal of ‘returning Paddy Power …

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BETDAQ brings in renowned trainer as brand ambassador

SBC News BETDAQ brings in renowned trainer as brand ambassador

BETDAQ have signed Grade 1-winning National Hunt and Flat trainer Gavin Cromwell as brand ambassador. The partnership, which begins immediately, will see the well-connected and successful Cromwell share racing views and insights with the exchange’s multi-sport content site, betdaqtips.com. Cromwell, who previously worked with the likes of Gordon Elliot and the late Dessie Hughes, is best known for multiple Grade …

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Sportsbet.io launches first crypto cashout functionality

SBC News Sportsbet.io launches first crypto cashout functionality

Coingaming Group sports betting subsidiary Sportsbet.io has expanded its market trading dynamics, becoming the first bitcoin sportsbook to launch in-play cashout functionalities. Announcing its ‘crypto betting first’, Sportsbet.io punters will be able to lock-in profits, minimise losses and manage their wagers on Sportsbet.io’s proprietary platform. Updating the market, Joe McCallum, Director of Sportsbook at Sportsbet.io, said: “We aspire to be one …

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Pinnacle withdraws UKGC licence application

SBC News Pinnacle withdraws UKGC licence application

Updating its social media channels, Malta & Curacao-licensed online betting operator Pinnacle (Pinnacle.com) has confirmed that it will no longer be seeking a UK Gambling Commission (UKGC) licence. The low-margin bookmaker published the following update on its Twitter feed and Facebook group. Customer announcement: Pinnacle has withdrawn its licence application to the UK Gambling Commission. pic.twitter.com/hXuCfFW1K7 — Pinnacle (@PinnacleSports) May …

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UKGC publishes ‘2019 Business Plan’ focusing on improving industry game protections

SBC News UKGC publishes '2019 Business Plan' focusing on improving industry game protections

Issuing an industry update, the UK Gambling Commission (UKGC) has published its ‘2019 Business Plan’ outlining its key strategic priorities and focuses for its sector 2018-2019 guidance. The Commission’s plan forms part of a ‘three-year strategy’, seeking to improve industry standards, consumer protections and further prevent gambling-related harm on consumers and the general public. A key development in the UKGC’s …

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Scientific Games expands OpenBet US compliance dynamics with GeoComply

SBC News Scientific Games expands OpenBet US compliance dynamics with GeoComply

Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has announced that it will utilise geo-location software GeoComply in anticipation of regulated sports betting being legalized in the United States. Preparing for the potential repeal of federal PASPA laws, SGC will install GeoComply’s solution within its OpenBet sportsbook platform network, which services the industry’s largest amount of operators. “Scientific Games has been …

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The Senet Group urges UK operators to adopt responsible gambling campaign

SBC News The Senet Group urges UK operators to adopt responsible gambling campaign

The Senet Group, the industry-led independent body dedicated to raising betting social responsibility standards has called on the sector to adopt a responsible gambling campaign which has demonstrated high levels of engagement with UK audiences.  The body’s “When the Fun Stops, Stop” campaign has now reached an estimated 82% of regular UK gamblers, with 33%, or an indicative 5 million adults …

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