Sportsbook

The latest sportsbook news for the gambling industry.

Betsson completes £26 million acquisition of NetPlay TV

SBC News Betsson completes £26 million acquisition of NetPlay TV

Stockholm-listed Betsson AB has confirmed that it has completed its £26 million acquisition of UK interactive gaming operator NetPlay TV (deal first announced on 2 February). Updating the market, Betsson governance informed that its offer had passed all conditions of the UK High Court of Justice, allowing for the firm to complete its transaction. Prior to High Court approval, Betsson …

Read More »

BetConstruct White Label services to power Breakout Gaming sports betting provisions

SBC News BetConstruct White Label services to power Breakout Gaming sports betting provisions

Industry platform and software provider BetConstruct has confirmed that it will supply its white label sports betting provisions for new online multi-vertical operator Breakout Gaming (Breakoutgaming.com). Integrating BetConstruct white label solutions, Breakout Gaming will gain access to over + 30,000 live events per month, with a combined 40,000+ pre-match markets from a sports inventory of 140+ sports to choose from. …

Read More »

Gambling Commission reviewing point of consumption licensing

SBC News Gambling Commission reviewing point of consumption licensing

The point of consumption licensing introduced in 2014 is being reviewed by the Gambling Commission to check its effectiveness. Speaking to the All-Party Parliamentary Group on Betting and Gaming at Westminster on Wednesday, the regulator’s CEO Sarah Harrison revealed that the Commission is looking again at the general framework to see how it is functioning and whether any improvements can …

Read More »

Sweden awaits Lotteriinspektionen gambling report

SBC News Sweden awaits Lotteriinspektionen gambling report

Swedish gambling regulatory body Lotteriinspektionen will today publish its commissioned report, detailing provisions for a potential national regulated gambling framework. Swedish MPs and industry stakeholders have eagerly awaited the report, which was commissioned by the government in 2015 for the purpose of commencing a license-based system for gambling operators. In January, fears arose of further industry regulatory delays following the …

Read More »

Worldpay’s Ruth Prior joins William Hill as new CFO

SBC News Worldpay's Ruth Prior joins William Hill as new CFO

FTSE-listed William Hill Plc continues its executive team restructure confirming the appointment of Ruth Prior as its new Chief Financial Officer (CFO). Prior who joins William Hill, from leading global payments provider Worldpay, where she served as Deputy CFO (2013 -2017), will takeover the operator’s financial leadership duties of Philip Bowcock who last month was promoted to William Hill Group …

Read More »

Triggered Article 50 changes UK political betting dynamics

SBC News Triggered Article 50 changes UK political betting dynamics

Having triggered Article 50 which begins the process of withdrawal from the European Union, the UK now enters an unprecedented cycle in its politics, with Brexit negotiations likely to dominate all political agenda and discussion. Following PM Theresa May’s official triggering of Article 50 on the 29 March, all bookmakers have updated their respective political markets as the Conservative government …

Read More »

Jim Mullen – Size Matters for Ladbrokes Coral future success & value

SBC News Jim Mullen - Size Matters for Ladbrokes Coral future success & value

Presenting a forward-looking statement to investors, Ladbrokes Coral CEO Jim Mullen states that his firm’s executive team must now match its enlarged revenue generating capabilities with market-leading operational efficiencies, in order for the FTSE enterprise to reach its optimal value. Speaking 150 days since officially completing the merger of Ladbrokes Coral, Mullen detailed that 120 senior executives had been presented …

Read More »

Wetten.com appoints Jeff Tabone as Director of Sportsbook

SBC News Wetten.com appoints Jeff Tabone as Director of Sportsbook

New German focused sports betting operator Wetten.com has confirmed the appointment of Jeff Tabone as its first ever Director of Sportsbook. Tabone will join Wetten.com operations this June from European operator Betsson Group, where he served as Head of Sportsbook (2015-2017), as well as in other senior management positions within Betsson trading and sports betting operations. Powered by Gaming Innovation …

Read More »

Kindred’s £176 million offer for 32Red becomes ‘unconditional’

SBC News Kindred's £176 million offer for 32Red becomes ‘unconditional’

Kindred Group’s £176 million outright cash offer for 32Red Plc assets has become ‘unconditional’ following its acceptance by 32Red majority shareholders and having gained approval by the Licensing Authority of Gibraltar. Updating the market this morning, the governance of 32Red informed corporate stakeholders that both its investors and directorship had accepted Kindred’s £176 million offer put forward on 23 February 2017. …

Read More »

Sun Bets – Brexit UK 20/1 to finish bottom of Eurovision 2017

SBC News Sun Bets - Brexit UK 20/1 to finish bottom of Eurovision 2017

As Prime Minister Theresa May prepares to Trigger Article 50 on Wednesday 29 of March, British pop music may become the first victim of Great Britain’s fractured relationship with Europe. Opening ‘Eurovision 2017’ markets, the majority of bookmakers have placed UK entry Lucie Jones ‘Never Give Up on You’ at a longshot 35-40/1 to win the 62nd pan-European song contest. …

Read More »