Following Boris Johnson’s controversial decision to prorogue parliament next month, the Betfair Exchange reports that the odds of a ‘no-deal Brexit’ are being traded at their lowest prices this year. Odds of a no-deal scenario have now been priced at 5/4 according to Betfair, marking a drop from the 5/2 earlier this month, and 9/1 earlier this year. Updating the …
Read More »Erin-Marie Gallagher
Degree53 hires Andy Furnival as new technology lead
Industry design, innovation and software development agency Degree53 has strengthened its technology division through the appointment of Andy Furnival as Technical Director. Furnival, who previously held the position of Head of Technology at William Hill, will be tasked with managing Degree53’s technology strategy, as well as the oversight all of the technical teams, and support to the leadership team. As …
Read More »Ascot in talks over three-year extension to ITV partnership
The current agreement between ITV and Ascot Racecourse has been brought into the spotlight after it has been reported that the broadcaster has asked Ascot to come to a decision over whether it will agree to a three-year partnership extension. Reported by the Racing Post, the partnership between the two has been highlighted by bookmakers, punters and sponsors, who have …
Read More »EGBA continues to fight against Norway payment blocks
Despite failing in an initial legal case in Norway earlier this week, the European Gaming and Betting Association (EGBA) has expressed its confidence in succeeding in its ‘main case’ against the Norwegian Ministry of Culture in Oslo District Court. The EGBA and Entercash teamed up earlier this year to bring a case which sought to block igaming payments to offshore …
Read More »Betdaq rolls out 0% commission offer on tennis bets ahead of US Open
GVC Holdings betting exchange property Betdaq has confirmed that it will be reintroducing its 0% commission offer ahead of the US Open 2019 for all tennis bets placed by both new and existing customers. The betting exchange launched the same offer earlier in the year for the Wimbledon tournament, which saw a 307% year-on-year increase in matched bets, while active users were …
Read More »HRI launches new campaign to boost racing engagement
As part of a new bid to boost interest in the sport, Horse Racing Ireland (HRI) has spearheaded a new television marketing campaign which is set to be broadcast across a number of Ireland’s major television channels. The new campaign is due to be led by HRI commercial and marketing director Paul Dermody, and will feature a number of key …
Read More »Australian authorities crack down on suspicious betting in esports investigation
A number of warrants for arrest have been executed across Australia this morning following an investigation into suspicious betting activity on an esports league. The investigation, carried out as part of a joint operation between the Sporting Integrity Intelligence Unit and the Organised Crime Intelligence Unit, was initiated after information was received by local police regarding activity linked to a …
Read More »Paddy Power shortens odds on BoJo scrapping backstop
As Boris Johnson’s trip over to the continent has continued to attract attention from UK media, Paddy Power has shortened its odds on whether BoJo can secure a deal with Angela Merkel where a backstop doesn’t exist, despite her outlining a hard line 30-day time limit. The Irish bookmaker has been offering odds of 8/1 that BoJo can agree a deal …
Read More »On-course bookmakers ‘concerned’ about age-verification failures
Following the announcement that seven UK on-course bookmakers would be having their licences reviewed by the UK Gambling Commission (UKGC), representatives from the racing sector have called for further information on age verification measures to address under-age gambling. The seven bookmakers had reportedly allowed a 16-year old to place a bet at this year’s Royal Ascot, which took place in …
Read More »Kambi-Draftkings partnership poised for further expansion in US
Global sports betting provider Kambi has finalised a multi-state contract extension agreement alongside the sports-tech and media entertainment company, DraftKings. Under the terms of the new extension, provisions have been outlined for the extension of the Kambi-DraftKings partnership into a further eight states, including: Colorado, Indiana, Iowa, Maine, New York, Pennsylvania, Tennessee and West Virginia. Kambi CEO Kristian Nylén explained: …
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