Sportsbook

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 …

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 …

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 …

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 …

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 …

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. …

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. …

Earlier this month, Kindred Futures co-hosted a roundtable session in London exploring opportunities around how artificial intelligence (AI) can be used to detect early signs of problem gambling. Kindred Futures, the innovation arm for Kindred Group (formerly Unibet Group), initiated discussions between leading academics, technology pioneers, addiction psychologists and Kindred’s team of responsible gambling experts. The focus was on the …

Betfair has priced Chocolate Digestives as its current 6/4 market favourite to win BBC’s Comic Relief 2017 ‘World Cup of Biscuits’. Presented by ‘Pointless’ co-host Richard Osman, this year’s Comic Relief show (starting 7 pm BBC Channels) seeks to find out and settle all debate on ‘which biscuit is king’. Starting today with a 32 biscuits head-to-head first knockout round, …

Ahead of this weekend’s start of the 2017 Formula One season (Australian Grand Prix – 26 March), European bookmaker Unibet (Kindred Group) has appointed former F1 World Champion racer Mika Häkkinen as its new Brand Ambassador. Known as ‘the Flying Finn’, Häkkinen is considered one of F1’s greatest ever drivers having secured back-to-back world championships in 1998 & 1999. The twenty-time …