The Gibraltar Betting and Gaming Association (GBGA) has filed its legal challenge against the UK’s point of consumption law in a bid to seek a Judicial Review on the changes. The GBGA argues that the new regime, introduced through the Gambling (Licensing and Advertising) Act 2014 and also the guidance and policies of the Gambling Commission of Great Britain, is “unlawful, because …
Read More »Andrew McCarron
Colossus Bets: Providing lotto sized sports jackpots
Bernard Marantelli, CEO and founder of innovative football pool operator Colossus Bets, explains how the company is continually developing its B2B and B2C offering. You’ve just launched HDA15 – a 15 team accumulator with a £1m jackpot. What is the thinking behind this? We built this company in the belief the public wanted lotto sized sports jackpot bets with Fractional …
Read More »Point of consumption tax will hit Rank’s performance
Rank Group, owner of the Grosvenor casino and Mecca bingo brands, has announced a 13% increase in ‘continuing business revenues’ for the 12 months to 30 June 2014, with retail growth considerably outstripping its digital performance. Revenues increased 15% for its venues, while the digital channel achieved 2% growth. The fastest growing channel of distribution continues to be mobile where …
Read More »Colossus Bets launches weekly £1m HDA15 football jackpot
Colossus Bets, home of the £10,000,000 Colossus and the world’s biggest football and sports jackpots, has launched a £1,000,000 HDA15 Football Jackpot aimed at dominating and consolidating the HDA (or 1X2) pools and traditional accumulator markets. Bernard Marantelli, founder and CEO of Colossus Bets, said: “Several operators currently run small 1X2 Pools, and whilst they may reach £1,000,000 once a …
Read More »Digital transition sees Ladbrokes’ profits cut in half
Ladbrokes has seen its profits halve in the first six months of the year as the bookmaker suffered a transitional period for its digital business. Profit after tax dropped by 49.8% to £23.7m for the period, with huge drops in operating profit for UK Retail (down 21.3% to £57.6m), European Retail (down 32.0% to £6.6m) and digital (down a whopping …
Read More »Celtic reprieve causes problems for bookmakers
Celtic Football Club’s unexpected reprieve from Champions League elimination is causing some bookmakers a headache as curious punters get in touch to see if their previously losing bets are now, in fact, winners. Celtic lost on Wednesday night 2-0 to Legia Warsaw in the CL qualifier, with an embarrassing 6-1 loss on aggregate. However the Polish side brought on a …
Read More »World Cup worth £16m to Unibet
Swedish-based operator Unibet generated gross winnings of £16m during the World Cup, according to the firm’s interim results, with £9.5m generated in June and £6.5m in July. Almost half of Unibet’s turnover during the World Cup came from live betting, a figure much lower than the operator’s usual operations. While Unibet had a comprehensive pre-match offer with over 350 bet …
Read More »Larsen promoted to Commercial Director at NetPlay TV
NetPlay TV plc, the interactive gaming company which operates the TV gaming brands SuperCasino and Jackpot247, has appointed Bjarke Johannes Lund Larsen to the Board and role of Commercial Director with immediate effect. Larsen, 31, joined NetPlay in January 2007, and is currently Chief Operating Officer of the subsidiary NetPlayTV Group Ltd. He has extensive experience in the online gaming …
Read More »Grosvenor’s GUKPT sees 90% increase in players
The recent GUKPT event in Reading last week has proved a huge success for owner Grosvenor Casinos. 268 players entered the £500+50 main event – a huge 90% increase on the same event last year. When the dust settled it was young English pro Paul Vas Nunes who walked away with the coveted trophy and the lion’s share of the …
Read More »SIS strengthens its content streaming capabilities
Broadcaster Satellite Information Services (SIS) has established an ongoing relationship with Level 3 Communications Inc., one of the largest content delivery network providers in the world. The firms describe this as ‘a significant agreement between two market leaders’ and facilitates the delivery of SIS’s existing and future rights-based streamed betting content services over a global network. This relationship emphasises SIS’s …
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