Sportsbook

The latest sportsbook news for the gambling industry.

Tabcorp shuts down loss making Luxbet

SBC News Tabcorp shuts down loss making Luxbet

Tabcorp Holdings has decided to shut down online property Luxbet (luxbet.com), as the company focuses on completing its approved AUS $11 billion merger with Tatts Group. The underperforming online betting division had been under strategic review throughout 2017. In its latest trading update, Tabcorp governance disclosed that Luxbet had made pre-tax losses of approximately AUS $13 million (£7.5 million) for …

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Nektan details revenue growth and reduced losses in successful yearly results

SBC News Nektan details revenue growth and reduced losses in successful yearly results

Leading international gaming solutions and services provider Nektan plc has announced its audited final results for the year ended 30 June 2017, with all key performance indicators (KPIs) showing a marked improvement from the year previous. Nektan also saw a decline in its losses, signifying a positive period and a firm step in the right direction. Most notably, revenue growth …

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BetterBetting unveils ICO public sale for BETR

Copyright: lightboxx / 123RF Stock Photo

BetterBetting, a software systems enabler for sports betting on the blockchain, today launched its ICO public sale for BETR, a digital currency aiming to pave the way for a decentralised peer-to-peer sports betting system. The token sale is an integral part of the company’s advanced distributed peer-to-peer and peer-to-sportsbook wagering platform. As BetterBetting continues to gain ground, a number of …

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AJ backed for BBC Sports Personality of the Year

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Anthony Joshua is the clear favourite to be crowned BBC Sports Personality of the Year, after the Watford boxer enjoyed a hugely successful year defeating Wladimir Klitschko to become the undisputed heavyweight champion of the World. Joshua went onto defend his crowns in Cardiff against tough challenger Carlos Takam, furthermore, AJ could be looking at an equally as triumphant 2018 …

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Hayley Turner has jockey’s license suspended after breaching betting rules

SBC News Hayley Turner has jockey's license suspended after breaching betting rules

Hayley Turner has had her jockey’s license suspended for three months after breaching the British Horse Racing Authority (BHA) rules against betting. Although Turner’s stakes weren’t excessive and she had not placed bets on races she was involved in, the BHA deemed her actions to be in breach of a rule that was familiar to everyone involved in horse racing. …

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Paddy Power – Tory Rebels gift May a 2018 leadership headache

SBC News Paddy Power - Tory Rebels gift May a 2018 leadership headache

Conservative ‘Rebel MPs’ have handed Theresa May a significant defeat in Commons, securing a legal amendment guaranteeing a vote on the final Brexit deal struck with the EU. A beleaguered PM Theresa May, lost the crucial Commons ‘EU Withdrawal Bill’ by just four votes (309 to 305 vote). However, Paddy Power Politics believes that the vote’s consequences may become significant for Theresa …

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The International Table Tennis Federation announces integrity partnership with Sportradar

SBC News The International Table Tennis Federation announces integrity partnership with Sportradar

The International Table Tennis Federation (ITTF) has announced it has signed a new integrity partnership with Sportradar utilising the organisation’s renowned monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing. Hundreds of matches each year will be covered by Sportradar’s Fraud Detection System (FDS), a unique service that credibly and effectively identifies betting-related manipulation in sport, …

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LeoVegas promotes Jarl Modén to Group CPO

LeoVegas

Updating the market, Stockholm-listed online gambling operator LeoVegas Group AB has confirmed the promotion of Jarl Modén to the senior executive position of Chief Product Officer (CPO). Modén has been a LeoVegas product executive since 2014, acting as a key stakeholder in a number of group projects and tech developments. Modén most recently held the position of Head of Product …

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SBTech launches new ‘Action Betting’ feature

Managed Services

Sports betting solutions provider SBTech has added to its range of in-play products with the launch of Action Betting, a mobile-first feature which dynamically suggests markets of interest to players through contextual alerts and call-to-action betting options. Powered by SBTech’s machine learning algorithm, Action Betting creates instant notifications when a specific incident occurs in a match, whether this is a …

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