Ted Menmuir

EQT invests in Sportsradar to aid future growth

SBC News EQT invests in Sportsradar to aid future growth

EQT VI has agreed to enter into a partnership with Sportradar AG (“Sportradar” or the “Company”) and to buy shares from the founder, various management shareholders and EQT Expansion Capital II. Sportradar is the market leading provider of live sports information, odds solutions and fraud detection and prevention services for customers in the bookmaker, media and federation markets. EQT VI was attracted to …

Read More »

Gala Coral Group warns of retail closures

SBC News Gala Coral Group warns of retail closures

UK betting and gaming company Gala Coral Group has warned of inevitable shop closures and job losses, in the wake of the Government’s continued crackdown on fixed odds betting terminals. Despite reporting an eight per cent rise in turnover, now standing at £302m, a strong Cheltenham, the addition of 10 new shops and a successful live streaming launch, the business, which runs …

Read More »

BETEGY Signs sports data deal with Chinese SunLoto

SBC News BETEGY Signs sports data deal with Chinese SunLoto

BETEGY, the digital sports data technology start-up, today announced that they are to provide their patented football sports betting prediction software in an exclusive 3-year licensing agreement with Chinese Welfare and Sports Lottery provider SunLoto operators of the Wozhongla brand. The Sports Lottery market in China was worth $21.9Billion in 2013 and the agreement sees BETEGY as one of the first European companies …

Read More »

Bodugi undergoes liquidation

SBC News Bodugi undergoes liquidation

Social sports betting operator Bodugi has confirmed that it has placed its operations under voluntary liquidation. In a general meeting held last month between creditors and investors in the company, it was decided that Bodugi would seek liquidation and wind up its assets. Robert Cundy of insolvency practitioner RJC Financial Management was appointed liquidator of the operator. Reports from Companies …

Read More »

Paysafecard expands to Croatia

SBC News Paysafecard expands to Croatia

Online payment processing provider paysafecard continued its international expansion by launching its ‘my paysafecard’ online payments account in Croatia. Paysafecard has been available to customers in Croatia since 2012, but the launch of my paysafecard will further strengthen the provider’s presence in the country. The my paysafecard system allows customers to manage all of their purchased PINs and remaining credit …

Read More »

Betfred enters Aussie mobile sports betting market

SBC News Betfred enters Aussie mobile sports betting market

Igaming operator Betfred moved ahead with plans to enter the Australian igaming market, with the soft launch of its mobile sports betting product. The mobile sports betting offering is tailored to the Australian sports betting market, offering Australian customers markets on popular sports such as Cricket, aussie rules football and A-League soccer. Betfred had been granted a regional sports betting …

Read More »

Rob Esteva – Onside Analysis – Bridging the sports data gap

Ahead of the 2014 World Cup in Brazil, team SBC catches up with Rob Esteva Director of Sports Research & Analysis at Onside Analysis, specialists in performance analytics and qualitative analysis in sport. Rob discusses the current data and analysis set ups of sports betting operators, and how they could be improved. Esteva further discusses why sports data and analysis …

Read More »

Canbet loses UK operating licence

SBC News Canbet loses UK operating licence

Struggling igaming operator Canbet has surrendered its UK operating licence in the face of mounting financial concerns.  The UK Gambling Commission stated that Canbet’s operator licence had been removed on the 7th of May 2014. The operator had been struggling since the closing months of 2013, at the end of January 2014 a number of the operators customers had made …

Read More »