British racing has predicted that it could face revenue losses of £193 million if the sport is shut down until July, a letter from the British Horseracing Authority (BHA) has revealed. As reported in the Racing Post, a letter from the BHA to trainers confirmed that the sporting authority has sought assistance as part of an “industry-wide lobbying effort that …
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As the gambling industry continues to navigate its way through the storm caused by COVID-19, flexibility and diversification have become more important than ever for the sector to overcome this period of uncertainty. Altenar spoke to SBC News about focusing upon the new opportunities that have arisen over the last few weeks, emphasising that people, products and partners are at …
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GVC Holdings Director of Regulatory Affairs Martin Lycka explains how 2020 events have handed the industry a crisis agenda that incumbents must accept and match with responsibility and good faith… The stakes have never been placed this high on operator conduct. ______________________ Sunday morning – end of winter. With the NHL and the NBA regular seasons entering their final quarter, …
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In support of both staff and patients during the COVID-19 pandemic, the Denise Coates Foundation has given a £10m grant to the University Hospitals of North Midlands (UHNM) charity. The funds will be used to support a number of schemes aimed at enhancing patient care and supporting staff at both Royal Stoke Hospital and County Hospital in Stafford. bet365’s global …
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NBA 2K20’s all pro tournament has provided bookmakers with another hurdle as the competition’s results leaked online, meaning that all online operators were forced to close betting markets on the event. Most bookmakers seemed to be under the impression that the NBA 2K Players Tournament would be aired live on ESPN, however the matches were instead pre-recorded prior to the …
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Betting endures its most challenging landscape as COVID-19 eliminates all live-sports markets. These circumstances have forced the sector to adapt during this uncertain climate causing companies to ramp-up its esports and virtual sports content, seeking to provide some form of live market engagement for customers. Whilst diversifying product lines is a much needed measure, the coronavirus lockdown will test brand …
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The Malta Gaming Authority (MGA) has confirmed that it will be ‘increasing industry outreach’ to ensure that all licensees are compliant with regulatory expectations during the ongoing COVID-19 pandemic. The regulator has suggested that the widespread cancellation of sporting events across the globe will encourage operators to bet on products offering ‘different risk profiles to those traditionally offered’. The MGA …
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Last week, Sportradar announced the launch of ‘Simulated Reality’, which offers clients a new sports betting category matching real-life sports engagements. Speaking exclusively to SBC, Werner Becher, Sportradar Managing Director for US Betting, outlined the journey to launch and tech capacity for Simulated Reality – a product arriving at the most critical time for the industry. ______________ SBC: Can you explain …
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As COVID-19 continues to dominate global headlines, Regulus Partners kicks off the week by looking at how the gambling industry has stepped up to the plate in supporting its staff and global efforts in tackling the spread of the virus. Global: When the going gets tough – many gambling businesses step up to the plate It is said that a …
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It is business as usual for 1xBet, said the company, as it continues to deliver uninterrupted online services for both players and its B2B customers in spite of COVID-19 disruption. While admitting that the total number of betting markets had been “significantly reduced” due to the mass postponement of sporting events, 1xBet is confident that customers can mitigate the impact …
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