Tag Archives: Sky Betting & Gaming

ABB backs bookmakers’ contribution to greyhound welfare

The Association of British Bookmakers (ABB) has welcomed UK bookmakers’ decision to supply an additional £3m in funding to the provision of greyhound welfare and the uplift of the greyhound racing industry as a whole. The funding commitment will be paid for by UK bookmakers, after the UK Gambling Commission secured a voluntary agreement with Betfred, William Hill, Sky Betting …

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Bookmakers commit to £3m funding scheme for Greyhound welfare

The UK greyhound scene secures a much-needed uplift, as this morning the UK Gambling Commission (UKGC) has confirmed a new funding deal of £3 million for the ‘Greyhound Trust’, focusing on animal welfare, training and protections. The funding commitment will be paid for by UK bookmakers, with the UKGC securing a voluntary agreement with – Betfred, William Hill, Sky Betting & …

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Stars Group to publish Sky Bet business report on 17 September

Updating the market, the governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will publish a ‘business acquisition report’ (BAR) related to its $4.7 billion takeover of Sky Betting & Gaming on Monday 17 September 2018. The report will include Sky Betting and Gaming’s audited financial statements for the fiscal year ending 30 June 2018 as well …

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Sky Bet launches new ‘Group Betting’ functionality

Online bookmaker Sky Bet has announced the launch of its new feature ‘Group Betting’, allowing its customer to form ‘community accumulators’. ‘The concept is for a group of friends to create a Group in which they build a Group Bet (Accumulator) by each member of the group making one selection each’ details Sky Bet in its product release. When the …

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The Stars Group changes corporate structure & debt capacity for Sky Bet acquisition

The Stars Group Inc has moved to restructure its corporate debt facilities, alongside its future operational structure to accommodate its agreed $4.7 billion (€3.9 billion) acquisition of Sky Betting & Gaming (SB&G). Detailing further insight of its industry-changing acquisition, Stars Group governance is set to pay ‘$3.6 billion cash’ to CVC Capital and Sky Plc for SB&G’s entire asset portfolio. …

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David Clifton: Licensing Expert – Dealing with LCCP changes & Key Event reportings

4 April 2018 has seen changes to the Gambling Commission’s Licence Conditions and Codes of Practice (“LCCP”) come into effect for UK licensed gambling operators. The up to date version of the LCCP is available on the Commission’s website, as too is an LCCP summary of the six key changes that have been made. Three of those changes relate to lotteries, …

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Sky Bet fined £1m by UKGC for social responsibility failures

Copyright: gioiak2 / 123RF Stock Photo

Sky Bet is to pay a £1m penalty package for failing to protect vulnerable customers, the Gambling Commission has stated. The regulatory body has detailed that the failures relate to customers who had self excluded from gambling, highlighting three key weaknesses in Sky Bet’s self exclusion scheme, meaning that: 736 self-excluded customers were able to open and use duplicate accounts …

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Tech & Responsibility savvy Sky Bet posts stellar interim results

Independent online gambling group Sky Betting & Gaming (SB&G) has today published its interim results (26-week period 28 December 2017) reporting double-digit growth across its core metrics and product KPIs. The fast growth Leeds-based enterprise, reports period group revenues of £339 million up 47% on 2016/17: £230 million, recording a revenue split of Sky Bet £210 million (2016/17: £133 million) and …

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Sky Bet extends legacy trading partnership with Betgenius

Online gambling group, Sky Betting & Gaming (SB&G) has today confirmed that it will renew and extend its ‘decade-long’ trading and in-play solutions partnership with Betgenius (Genius Sports subsidiary). Updating the market, SB&G will continue to utilise Betgenius trading provisions and market expertise in support of its fast growth Sky Bet online sportsbook. Betgenius has a been a key partner …

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Sky Betting & Gaming selects Candlelighters as charity partner for 2018

Sky Betting & Gaming (SB&G) has selected Leeds based cancer support organisation Candlelighters as its official charity partner for 2018. Candlelighters supports families coping with children’s cancer within the Yorkshire area, providing counselling, clinics, group therapy and financial support. The cancer support charity had been selected by SB&G employees following the successful pitch put forward by Receptionist Chloe Cross, on …

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