Andrew McCarron

YES result will cost bookmakers £10m

SBC News YES result will cost bookmakers £10m

Scottish punters will pocket up to £10 million in winnings in the event of a yes result in the referendum according to Ladbrokes. With 70% of bets placed north of the border favouring independence, the betting industry is preparing for a multi-million pound payout should the YES campaign defy the odds. Despite the confidence in a breakaway as far as …

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Stan James refutes sale speculation

SBC News Stan James refutes sale speculation

Online bookmaker Stan James has denied reports that its Gibraltar operation is about to be sold off. Chief executive Denis Kelly told the Racing Post that there was no for sale sign outside the door, but that a bid at the right price would be considered. The imminent introduction of the point of consumption tax in the UK has seen …

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Point of Consumption legal challenge to be heard next week

The Judicial Review into the Point of Consumption licensing regime due to be implemented in the UK on 1 October will have a full hearing next week. The application for a review has come from the Gibraltar Betting and Gaming Association (GBGA) which has objected to the measures in the Gambling (Licensing and Advertising) Act 2014 and associated Gambling Commission …

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Not a game of passing the buck but definitely more to play for – the Senet Group

SBC News Not a game of passing the buck but definitely more to play for – the Senet Group

Gambling Consultant Steve Donoughue takes a look at the attempt of bookmakers to replicate the alcohol industry’s Portman Group. Yesterday saw the launch of the Senet Group by the big 3 Bookmakers and Irish upstart Paddy Power. For those of you who missed it, which is odd because it got some good news coverage, the Senet Group will be an …

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Clock ticking for UK licence application

SBC News Clock ticking for UK licence application

Offshore operators only have until midnight on Tuesday 16 September to apply for licences allowing them to continue to provide gambling services to consumers in Britain after the Gambling (Licensing and Advertising) Act comes into force on 1 October. Offshore gambling operators – currently regulated overseas but transacting with consumers in Britain – wishing to continue to provide services in …

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BetcoinTech: Bitcoin is perfect for online gambling

Eilon Arad of BetcoinTech, one of the sponsors of the SBC Asia/Asia Gaming Brief Monsoon Meetup in Manilla on 4 September, explains what bitcoin can do for gambling operators. Why should operators consider adding bitcoin? Bitcoin is the perfect solution for the online gambling industry. Bitcoin is the biggest and most popular cryptocurrency which is best described as an encrypted …

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5 conclusions from Ladbrokes’ performance woes

SBC News 5 conclusions from Ladbrokes' performance woes

bettingexpert.com Racing editor Stephen Harris digests the latest Ladbrokes woes and identifies five implications for the industry. The headlines in the press said it all last week as the beleaguered bookmaker suffered yet another dire set of results, particularly when compared with William Hill, Paddy Power and Bet365. But what do these shocking figures mean for the industry as a …

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SIS signs Spanish football data deal

SBC News SIS signs Spanish football data deal

LB O supplier SIS has been appointed as the official data partner of the Liga de Futbol Profesional (LFP) to collect and exclusively distribute live data from the Spanish leagues to the betting industry. Liga BBVA, won last season by Atletico Madrid ahead of Barcelona and Real Madrid, is watched by more than 300 million viewers across the globe. The …

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Betdigital gets UK licence

SBC News Betdigital gets UK licence

Content and systems developer Betdigital has been awarded its Remote Gambling Software Operating Licence by the UK Gambling Commission. Betdigital joins a select few suppliers that have the necessary licensing to meet the terms of the new Gambling (Licensing and Advertising) Act ahead of October’s introduction. The Act demands operators who provide remote gambling services to British consumers to acquire …

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Colossus Bets up for another innovation award

SBC News Colossus Bets up for another innovation award

Colossus Bets, home of the £10,000,000 Colossus and the world’s biggest football and sports jackpots, has been shortlisted in the category of Digital Gaming Innovation at the Global Gaming Awards 2014. Bernard Marantelli, founder and CEO of Colossus Bets, said: “This is a great testament to our continued growth strategy for the Colossus Bets brand.  We are convinced that offering players lottery-sized …

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