Bwin.party has reported a mixed quarter, with sportsbook performance filling in for a drop in poker and casino business. The company revealed that, since the end of June, volumes and gross win margins from the FIFA World Cup have been strong and overall the tournament performance has been in-line with management’s expectations Bwin’s sports betting operation in Italy became the …
Read More »Andrew McCarron
Second quarter of record growth from GVC
GVC Holdings has revealed that trading during the World Cup was up 61% on the same period last year, with an average net gaming revenue per day of €736,000. The firm, which owns the Sportingbet brand, said that trading over this thirteen day period was assisted by the favourable results in the latter stages of the World Cup which resulted …
Read More »Titan Bet’s Russ Yershon: Time for post-World Cup retention strategies
Russ Yershon, UK sports manager for Titan Bet, believes that we have entered the most important time for bookmakers – the ‘retention window’ for the new customers attracted by the World Cup. “Brazil 2014 is over and with it the reason customers were flocking to your website. So what now? It’s just not good enough to say: “Thank you, and …
Read More »Traders using inside information could breach Gambling Act
Bookmakers have been advised to tighten up their employment conditions in order to make sure that traders who spot an emerging coup on the books don’t look to profit themselves by placing bets with rival firms and also to protect themselves from such behaviour. The Gambling Commission has written to the Association of British Bookmakers (ABB) to highlight the potential …
Read More »Spreadex sees annual profit rise of 30%
Spread betting and fixed odds operator Spreadex has seen profits rise by nearly 30% according to the latest financial accounts filed at Companies House. The firm, which offers sports betting and financial trading from one account, posted profits before tax of £18.5m from turnover of £35.4m for the year ending 31 May 2014. Spreadex, originally formed in 1999, has seen …
Read More »Sportradar reaches ISO bar
Sportradar‘s Security Services have been officially certified ISO 9001. The Security Services support sports and law enforcement stakeholders worldwide as they seek to preserve the integrity of sporting competitions via two pillars: the Fraud Detection System which is dedicated to monitoring global betting behaviour and detecting betting-related match-fixing; and the Fraud Prevention Services which provide education programmes, products and consultancy …
Read More »Swedish tipster wins €10k as bettingexpert’s Tipster of the Year
One of Europe’s best tipsters has scooped another €10,000 after winning bettingexpert’s Tipster of the Year competition for 2013/14. Swedish tipster ‘Zami’ came top of the leaderboard for the year after achieving a profit of €3,258.90 across almost 8,000 bets with an average yield of 4.7 per cent. He outperformed more than 1,500 other tipsters who give their tips for …
Read More »Realistic becomes first third party supplier to PocketFruity.com
British slots supplier Realistic Games has signed a deal to deliver content to online casino PocketFruity.com. The Oxfordshire-based company is the first third party provider to integrate games onto the site, which is owned by Gaming Realms PLC. The collaboration will see a roll-out of Realistic’s complete portfolio of slot and table games, including Super Graphics Upside Down and 6 …
Read More »Council of Europe adopts convention on match fixing
Ministers from around 50 countries are expected to sign a new convention at a conference in Switzerland in September where they will also discuss the risk of other forms of corruption in sport. In what’s being hailed as ‘a significant step in the fight against organised crime and unethical behaviour in sport’, 47 member states of the Council of Europe …
Read More »ESSA’s Khalid Ali: long and challenging process to remove ‘betting right’
Khalid Ali, Secretary General of ESSA, the regulated betting industry’s integrity body, comments on the passage of the Council of Europe’s convention on the manipulation of sports competitions. “The industry has worked hard over the last couple of years to work constructively with policymakers on the Council of Europe’s proposed text, most notably including the removal of the promotion of …
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