Since it was founded in 1994, much has changed when it comes to calculating betting odds at Fonbet according to Alexey Khobot, the main developer behind the firm’s first software who says that technology has placed an increasing role in the process. As internet use was not as widespread as it is in 2020, Fonbet calculated its odds independently. This …

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

Affiliate marketing publisher XLMedia has confirmed that Amit Ben Yehuda will step down from the company’s board. Yehuda, who initially joined XLMedia in 2016, will step down as Non-Executive Director of the Company with immediate effect. Chris Bell, Chairman of XLMedia, commented: “I would like to express my personal gratitude to Amit for the wise counsel he has provided over …

PartnerMatrix, the affiliate marketing solution of online gambling systems provider EveryMatrix, has secured two new partnerships with affiliate media platforms Affiliate Guard Dog and AffPapa. Under the terms of this agreement, PartnerMatrix will work alongside both companies to increase user engagement, content reach for affiliate audiences and build a ‘trustworthy business environment’. Commenting on the deals, Levon Nikoghosyan, PartnerMatrix CEO, …

Industry marketing compliance specialist Rightlander has committed to tackling unethical and misleading messages and promotions behind paywalls with the launch of its ‘Rightlander Radar’ solution. Rightlander Radar will help iGaming operators to identify and monitor private channels which offer marketing content, and investigate serious incidents or issues highlighted by the regulator, thereby providing an ‘extra layer of compliance analysis to …

Matchbook has been given the green light to resume operations in the UK, after the UK Gambling Commission (UKGC) lifted the suspension of registered holding company Triplebet’s remote operating licence. The operator stated that it has ‘implemented significant improvements to its compliance practices’ after the regulator Triplebet’s pool betting, betting intermediary and remote casino licences under Section 116 of the …

The Betting and Gaming Council (BGC) has hit back at suggestions that casinos were similar to night clubs in terms of spreading coronavirus. During a Facebook Live session, Welsh First Minister Mark Drakeford likened casinos to nightclubs in risk profile, claiming that there was an ‘additional risk of coronavirus spreading’. Responding to questions on potential casinos reopening, Drakeford said: “We …

The All-in Diversity Project (AIDP) has strengthened its global advisory by confirming the addition of Birgitte Sand and Esu Ma’at as board members. Ma’at is AIDP’s first appointment which the organisation stated is ‘reflective of educational and institutional and organizational change management’. AIDP praised his appointment, pointing out that Ma’at is a ‘trans-disciplinary thought leader’ who has a distinguished track …

Sports betting platform provider FSB has confirmed that former SG Digital executive Glenn Elliott has joined the company’s executive leadership team as new Chief Operating Officer (COO). Elliott will be tasked with overseeing the company’s account management team as well as managing FSB’s five operational service divisions: Sports, Platform, Marketing, Retail and SaaS Hosting. Commenting on his new role, Elliott …