TAB bookmakers in New Zealand have been ordered to closely monitor potential arbitrage gamblers using their sports betting services, due to company concerns regarding professional groups placing fixed-odds wagers – ‘arbitrage’ sports wagering. TAB Bookmakers could action the closing of player accounts that they deem to be using arbitrage systems. The New Zealand Herald newspaper reported that TAB bookmakers have …
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Bet-at-Home Strong Q2 Performance – Record Gross Yield Figures
German based igaming operator bet-at-home has witnessed incremental growth after it announced a record gross yield figures of €10.9m for performance in the second quarter of 2013. The operator stated this as a rise of 137% compared to the previous years performance. Total game and sports betting turnover was up 53% to €171.9m compared to the €112.4m figure set …
Read More »Bet-at-Home Extends Sponsorship of ATP Hamburg
European focused and Malta licensed igaming operator Bet-at-home has announced a further extension to its title sponsorship ATP event in Hamburg till 2015. The Event will continue to be known as the Bet-at-Home German Tennis Open.The title sponsorship deal is reported to be worth €400,000 per year. Hosted on the clay courts of Rothenbaum Tennis Center (Hamburg), which features a …
Read More »David Schreff Sportech COO Leaves After 8 Months
Sportech Americas has confirmed that COO David Schreff has left his position as Americas COO to set up his own sports entertainment franchise. Appointed in December 2012 to oversee the companies operations in North and Latin America. Schreff has left Sportech to join Connecticut-based Bedare Sports & Entertainment where he will serve as president and co-founder. Sportech has increase its …
Read More »Product Merges & Migration Sees Betsson Have Strong Q2
Swedish stock-listed and Malta licensed igaming operator Betsson announce that second quarter operating income increased by 26 percent to SEK 137.8 ($109.5) million. Improved performance and growth were attributed to the companies operational decision to merge all igaming verticals -casino, sportsbook and poker into one uniformed platform. Betsson have all focused company technical and marketing competancies into delivering optimised performance …
Read More »188BET Adds Quickfire Mobile Gaming Content
iGaming operator 188BET has announced the launch of Microgaming quickfire games to its mobile and tablet casino mobile offerings. The partnership will see 188BET supplied with additional instant-play mobile games from Quickfire Microgamings mobile gaming services arm. This deal sees 188BET further add 30 HTML5 casino games to its current mobile casino portfolio. Titles will include popular games such as …
Read More »TabCorp to purchase TAB Active Televison Wagering
Australia’s gambling and entertainment firm TabCorp Holdings Limited has announced the purchase of Tab Active television wagering service from Donaco International Limited for a sum of of AUD$863,000 ($790,682). Tab Active television wagering service has operated since April of 2008, linking into TabCorp betting engines TattsBet and Racing and Wagering Western Australia Victoria, Queensland and South Australia to access their information and place …
Read More »Skybet Confirms Title Sponsorship of English Football League
Skybet part of BSkyB group has been confirmed by the English Football League Association as the official title sponsors of the Football League. From 2013/14, The Football League’s flagship competition will be titled ‘The Sky Bet Football League’, with its three divisions being titled ‘The Sky Bet Championship’, ‘Sky Bet League 1’ and ‘Sky Bet League 2’. This new …
Read More »Betradar Unveils New Virtual Sports Betting Product
Betradar, supplier of sports and betting related data has announced the release of its new virtual sports betting product “Virtual Horse Classics” (VHC). Virtual Horse Classics is a virtual simulation that allows horse enthusiasts and punters to gamble on virtual horse track meetings. Customers are given information on horses on the VHC inventory, such as weight, past performance, rider caliber …
Read More »Betable Raises New Funds
IGaming start-up Betable has confirmed that it has raised new fund for its real money gaming platform. Early stage investment has been granted to Betable by venture capital company Venture51. Early investment reports state that funding has been secured around a $20 million (€11.5m) benchmark for the San Francisco based start-up Betable are set to release new products and …
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