Stockholm-listed online sports betting group Betsson AB has recovered from a disappointing Q2 2016 performance, posting a 9% increase in corporate revenues to SEK 1.06 billion (€110 million) for its Q3 2016 corporate performance (period ending 30 September). Presenting its Q3 update, Betsson governance detailed top-line metric growth across all its core verticals, as the operator recorded a period operating …
Read More »
NetBet has announced that they will accept Bitcoin for bets on their sportsbook and casino products. The UK bookmaker and online casino operator has become the first licensed operator in the UK to embrace the virtual currency. NetBet customers will now have the option to use Bitcoin to load their accounts via the Neteller and PaySafe payment methods. Alexandre Mangaud, …
Read More »
BetVictor has announced the launch of Golden Goal, a weekly free-to-play game giving new and existing customers the chance to win up to £100,000 on Sunday 23rd October. Once the Golden Goal is won for the first time, the prize pool will revert back to £25,000 each week. Building on the success of BetVictor’s Euro 2016 Million Pound Goal campaign, …
Read More »
Johan Styren, CEO for LeoVegas, has confirmed that its June 2016 sportsbook launch was based on the application of skills that had made the company such a success in the casino world. Styren highlighted fast load times, quick registration, easy-to-use navigation, intuitive player experience and smooth payment systems as the main points of differentiation for the new sportsbook. The mobile-focused …
Read More »
Coral Interactive has been reprimanded by the UK Advertising Standards Authority (ASA), relating to unclear terms attached to two campaigns promoting ‘Free Bet’ offers during this summer’s Euro 2016. The advertising authority stated that they had received public complaints relating to Coral’s promotion of a £/€ 20 free bet on any team to win the Euro 2016 and a £/€ …
Read More »
Ladbrokes has been reprimanded by the Advertising Standards Authority (ASA) for a misleading advert published on its news microsite during Euro 2016, in relation to the Group B game between England and Wales. The online promotion stated you could get ‘Get 6/1 for England to beat Wales OR Get 12/1 for Wales to beat England’, with a maximum £10 stake, which would …
Read More »
Posting its first set of interim H1 results (period ending 30 June), FTSE100 listed Paddy Power Betfair (PPB) has reported group revenues of £759 million recording double-digit growth across its four core divisions. Closing its H1 2016, PPB would post a group underlying EBITDA of £181 million (H1 2015: £138 million). The increased top line metric growth would result in …
Read More »
As we start the new Premier League season, bookmakers are clamouring for insight into customer behaviour that will help them hone their product to suit the end-user’s desires and make them a more attractive proposition. SpiffX, the listed betting exchange with a difference, has released player data from this summer’s Euro Championships for players of its innovative Take5Live product and …
Read More »
Norwich City striker Kyle Lafferty has been fined £23,000 and warned over his future conduct after accepting a Football Association (FA) charge for betting. The fine relates to Lafferty betting on a match on February 20, 2016, and breaching the FA rule E8 in the process. It is important to note that Norwich City and Northern Ireland didn’t play on …
Read More »
Increased marketing costs attached to Euro 2016 have seen Frankfurt-listed European sports betting operator bet-at-home AG post a 42% decline in corporate earnings to €9.6 million (H1 2015: €16.5 million) for its H1 2016 results (period ending 30 June). Detailing period expenditure, bet-at-home governance specified that the company had spent €26.6 million (H1 2015: €15 million) on advertising its brand …
Read More »
SBC News Voice of the Sports Betting Industry