Independent bookmakers in the United Kingdom have made a written appeal to Prime Minister Theresa May, imploring the disregarding of a proposed £2 Fixed Odds Betting Terminal (FOBT) maximum stake. Ahead of government judgement on proposed wagering reduction, various representatives issued a reminder and agreement with May when she stated “From dynamic start-ups to established family firms, our small and …

GVC Holdings has announced the procurement of a 51% stake in Georgian operator Crystalbet for a €41.3m consideration, with a commitment to obtaining the remaining 49% in 2021. Coming to the agreement with the firms owner Mars LLC, the FTSE listed sports betting and gaming group stated “Crystalbet is the largest online sportsbook, and the second largest online gaming brand …

The International Tennis Federation (ITF) has announced an extension of its partnership with Sportradar, as it seeks to strengthen its integrity protection measures. As part of the fresh deal the sports betting solutions provider will use a fraud detection system, designed to monitor betting patterns across more than 50,000 ITF Pro Circuit tennis matches. Carsten Koerl, Sportradar Founder and CEO, …

Stockholm-listed Catena Media Plc has announced Per Hellberg as its new Chief Executive Officer (CEO), taking up his new position on the board of directors later this year. In addition, it has also been detailed that acting CEO Persson Ekdahl will return to his role as Board Member and governance advisor.  Citing extensive international commercial experience from a variety of industries, …

The Competition and Markets Authority (CMA) has launched a further investigation into gambling firms withdrawal procedures. Detailing “enforcement action” being launched against a “number of online gambling firms,” concerns have been raised regarding unfair obstacles that may be placed in the way of people withdrawing their money, whether that be part of promotion or not. In its statement the CMA …

A strategic acquisition has led to the Gambling.com Group making a “forceful move” into the sports betting vertical, via the purchase of Bookies.com and related assets. The firm details a purchase price of an upfront payment of £2m paid as a cash consideration in conjunction with the transfer of the assets, as well as a deferred compensation of £4.5m, which …

STS has launched an affiliate programme in partnership with Income Access, set to be managed by the Polish bookies in house team, using the Paysafe brand’s platform and affiliate software. ‘STSpartner’ will allow campaigns to be targeted down to a city level and according to players’ language, device and browser, among numerous other criteria. In addition, Income Access’ technology will …

Uefa has this week announced a raft of changes to European competition, with the new system, that is set to be in place from the 2018/19 season, designed to represent an evolution of the Champions League and Europa League. Amongst the raft of changes, is one particular key example regarding kick off times, that could be of significant interest to …

Gaming Innovation Group (GiG) has become the latest firm to join the All-in Diversity Project, becoming a founding member as it underlines its commitment to the sector. Currently in its inaugural year, the industry driven initiative aims “to benchmark diversity, equality and inclusion for the global betting and gaming sector.” Highlighting an ongoing strategy to the improvement of diversity in …

The European Court of Justice (CJEU) has ruled that the Hungarian requirement to have an offline casino, in order to be sanctioned to offer online casino games, is a “clear violation of EU law.” In a case regarding EU-licensed and regulated operator Sporting Odds, the CJEU had been asked whether the freedom to provide services, under Article 56 of the …