The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …
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Lotteriinspektionen secures extra budget ahead of Swedish licensing window opening
Sweden’s national gambling regulator Lotteriinspektionen has confirmed that it has secured an additional SEK 19 million (€1.8 million) in operating budget to expand its resources ahead of Sweden opening its newly licensed market on 1 January 2019. The update sees Lotteriinspektionen total year budget increased 37% to SEK 70 million (€6.7 million). This April the Swedish government, published its revamped …
Read More »Paddy Power prices up Sean Hannity’s FOXhole
Paddy Power Politics has priced ‘4/1 that Sean Hannity will leave his post as a Fox News political commentator in 2018’. The bookmaker opens its new ‘Trump betting’ market, following this week’s New York court disclosure that Hannity was a client of Michael Cohen, President Trump’s personal lawyer who is currently under criminal investigation by federal prosecutors. The Host of ‘Hannity’, …
Read More »Golden Race meets the online betting challenge in LatAm
Golden Race will target the increasing number of smartphone users in LatAm by focusing on “better interaction with online products”, and by appeasing the customer demand for more “dynamic access” to the consumption of data. This comes after Golden Race, a provider of fixed odds virtual betting games solutions, used the recent (FADJA) in Bogotá to promote some new game …
Read More »Perform and ICS to boost ‘Watch & Bet’ live streaming on bet365
Perform Group has partnered with bet365 to provide live and bespoke ICS-powered audio commentary and match insight for its players over the top of Perform’s live video streams. The Stoke-based firm has followed Unibet and Fonbet as the latest operator to take advantage of Perform’s Custom Betting Commentary product. The service builds on the Watch & Bet live streaming service …
Read More »Celebrating Chaos… Betvictor launches ‘Man vs Machine’ with Karmarama
BetVictor has launched its first multi-vertical campaign ‘Man vs Machine’, under the creative guidance of London marketing agency Karmarama. ‘Man vs Machine’ made its UK terrestrial TV debut this weekend, during ITV Racing’s broadcast of the 2018 Grand National. The HD campaign seeks to ‘celebrate the chaos of sports’, with machines being no match against a punter’s intuition. Commenting on …
Read More »Smarkets revels in record breaking Grand National
Smarkets has revealed that last Saturday’s Randox Health Grand National broke the Smarkets record for most trading volume on a single event. The previous record was set at last year’s National, when a total of £44.5m was traded on the world’s most famous horse race. This time around, the Smarkets exchange had £57.4m of volume across all its National markets, …
Read More »SG Digital ramps up United States sports betting preparations
Scientific Games Corporation is planning to gain ground on its competition, ahead a potentially significant shift of the sports betting landscape within the United States. The organisation has announced that SG Digital, through its OpenBet sports betting solution, has commenced sportsbook product review sessions with New Jersey’s Division of Gaming Enforcement (DGE). Should the US Supreme Court repeal the …
Read More »CrownBet appoints Mark Gay as new Digital Director
An enlarged CrownBet has confirmed the appointment of Mark Gay as Chief Digital Director (CDD). Gay replaces incumbent Steve Maidment, who announced his departure from the Australian online bookmaker earlier this year. A seasoned technology and enterprise strategist, Gay joins CrownBet’s executive leadership team from Australian online retail bank ME (Members Equity), where he served as Chief Intelligence Officer (2015 …
Read More »Hard line on novelty markets after SunBets ‘piegate’ investigation
Marketing departments across the industry will be on full alert after the Gambling Commission announced that it would deal ‘more severely’ with any novelty betting markets which do not maintain the standards required. Tabcorp UK, which runs the SunBets operation on behalf of News International, has now had conditions around novelty betting attached to its gambling licence and been told to pay £84,000 …
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