Ted Menmuir

Rumour Mill: Paddy Power Betfair targets FanDuel acquisition

SBC News Rumour Mill: Paddy Power Betfair targets FanDuel acquisition

The Supreme Court’s repeal of PASPA’s federal mandate has likely triggered a further betting industry arms race, as US betting news source LegalSportsReport.com details that Paddy Power Betfair Plc (PPB) is ‘close to acquiring’ DFS operator FanDuel. Entering 2018, the governance of FTSE100 PPB stated that it was ‘reviewing all options’ for further expansion within the US market. The UK …

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Ian Sims – Rightlander: Understanding affiliate compliance as a critical discipline…

SBC News Ian Sims - Rightlander: Understanding affiliate compliance as a critical discipline...

In 2018, industry affiliate marketing programs are building up their compliance capabilities, as all-around sector advertising faces further scrutiny from regulators and wider stakeholders. SBC speaks to affiliate marketing veteran Ian Sims, the Founder and Managing Director of Rightlander compliance software. Sims details why data and tech-led dynamics are the best tools to bridge the affiliate-to-operator compliance divide.      __________________ …

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Home Run… Chris Christie achieves lifetime goal as PASPA is finally beaten

SBC News Home Run... Chris Christie achieves lifetime goal as PASPA is finally beaten

Yesterday’s Supreme Court ruling to overturn PASPA’s federal mandate sees former New Jersey Governor Chris Christie complete a career-defining goal. Christie tweeted his delight at yesterday’s Supreme Court repeal of Paspa. A great day for the rights of states and their people to make their own decisions. New Jersey citizens wanted sports gambling and the federal Gov’t had no right …

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PASPA Down! New Jersey secures its Supreme Drop!

SBC News PASPA Down! New Jersey secures its Supreme Drop!

Reporting from Capitol Hill, multiple US news sources have confirmed that the Supreme Court of Justice has deemed the ‘1992 Professional and Amateur Sports Protection Act’ (PASPA) to be unconstitutional. The judgement sees the US Supreme Court repeal PASPA federal provisions, which to date have limited US sports betting to the state of Nevada. In December 2017, led by former …

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BetConstruct secures Malta MGA class I accreditation

SBC News BetConstruct secures Malta MGA class I accreditation

Updating the market, industry technology and software provider BetConstruct has confirmed that its services and operations have been granted two ‘Class I licences’ by the Malta Gaming Authority (MGA). The approved MGA C1 licences will allow BetConstruct, to expand its casino and games services and technology provisions for licensed Maltese operators, servicing European-wide igaming markets. Further to its update, BetConstruct …

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Amelco secures BetStars platform renewal

SBC News Amelco secures BetStars platform renewal

Sports betting software and market trading services provider Amelco, has this morning confirmed that it has renewed its lead sportsbook supplier contract with The Stars Group Inc subsidiary BetStars. Updating the market, London-based Amelco will continue to act as lead platform technology provider for BetStars, a partnership that it has serviced since the brand’s launch in 2015. Issuing a short …

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May Day! Industry braces itself for incoming FOBTs £2 cut

SBC News May Day! Industry braces itself for incoming FOBTs £2 cut

The betting industry’s regulatory agenda has reached a speculative overdrive, as concerns grow as to how and when the UK government will move to implement its anticipated £2 cut on FOBTs machine wagering levels. The polemic subject matter of FOBTs wagering has seen contrasting news stories published this weekend by multiple sources, each specifying potential different outcomes to the government’s long-awaited …

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ASA investigates ‘Geordie Shore’ stars for promoting betting content via social media

SBC News ASA investigates 'Geordie Shore' stars for promoting betting content via social media

The UK Advertising Standards Authority (ASA) is investigating three stars of MTV’s reality TV programme ‘Geordie Shore’ for promoting betting-related content through their social media profiles. The Twitter and Instagram accounts of Scott Timlin, Gary Beadle and Aaron Chalmers are reported to have promoted the football betting markets of Ladbrokes and Coral. Between them, the reality TV stars have a …

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Codere’s 2018 opening hurt by severe South American currency declines

SBC News Codere's 2018 opening hurt by severe South American currency declines

Steep South American currency declines against the US dollar, having impacted Bolsa Madrid gambling firm Grupo Codere’s Q1 2018 performance. Publishing its Q1 2018 trading update (period ending 31 March), Codere reveals a corporate revenue and earnings decline, despite growth in its home market of Spain. Group operating revenues, declined by 5.5% to €383 million (Q1 2017: €405 million), as …

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Malta moves to power-up MGA with Gaming Act revamp

SBC News Malta moves to power-up MGA with Gaming Act revamp

Malta’s Parliament has approved new provisions to be added to its national ‘Gaming Act’, which will move to strengthen the Maltese Gaming Authority‘s powers to enforce industry compliance, standards and regulatory guidelines on gambling/betting stakeholders. The revision of Gaming Act, will deliver a new regulatory mandate for Malta gambling enterprises to adhere to, primarily focusing on strengthening the industry’s anti-money-laundering …

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