Eurovision, a live pan-continental pop contest with a viewership of + 250 million which sees national audiences vote on their favourite performers, may well be betting’s most exciting novelty market! Ahead of this Saturday’s live final, SBC’s ‘Bookies Corner’ delves into the market intricacies of Eurovision 2016. Getting the full low-down from: Mirio Mella – Customer Engagement Manager- Pinnacle Sports Ed Nicholson  – Head …

Stockholm-listed European gambling operator Cherry AB has declared a strong opening to its 2016 performance reporting an 86% group revenue uplift to SEK 177 million (Q1 2015: SEK 95 million). Updating the market on its Q1 2016 performance (period ending 31 March), Cherry would declare growth across all top-line metrics, as the company improved EBITDA considerably to SEK 25 Million …

The Financial Times (FT.com) has reported that 888 co-founders the Ben-Yitzhak brothers have sold a £57 million stake in the FTSE-listed operator The sale sees the Ben-Yitzhak family trust reduces its equity in 888 Holdings Plc from 10.4% to just below the 3% disclosure threshold. The FT reports that the Ben-Yitzhak shares were placed on the market via Wealth Management …

Virtual sports provider Inspired Gaming has extended its content portfolio by agreeing partnership with gambling platform provider BetConstruct. The partnership will see Inspired provide BetConstruct its Virtual Sports range through its ‘Virtuals Connect’ system giving the platform suppliers clients access to premium content. Inspired continues to extend its partnerships with key industry platform providers. In 2016 the virtual sports content …

Paddy Power Betfair (PPB) is the latest FTSE-listed company to face a potential shareholder dispute concerning executive pay and compensation. Issuing a public statement, shareholder advisory group Pensions & Investment Research Consultants (PIRC) has called for PPB shareholders to reject the pay package of former Paddy Power CEO Andy McCue. Ahead of PPB’s annual general meeting, PIRC has stated that …

Artificial Intelligence developer Professor Louis Rosenburg has sent a shockwave through the US betting industry by creating an algorithm that correctly predicted the first to fourth places at this year’s Kentucky Derby. Employing predictions formed by human-based artificial intelligence engine UNU, Rosenburg would take down the ‘holygrail’ of betting as his four-fold bet would win $10,842 pay-out on a $20 bet …

Toronto TSX-listed online gambling operator Intertain Group Limited (Intertain) has reported a positive start to its 2016, recording group revenues of CAD $128 million (£68 million) for Q1 2016 performance (period ending 31 March). Updating the market, Intertain would report growth on all its core top-line fianancial metrics (performance statement below), with the company posting a period net income of …

William Hill’s 2016 woes continue as the operator reported a 3% decline in group net revenues for its unaudited 17 week trading update (period ending 26 April). A rough start to 2016, had seen the FTSE-listed operator revise its year financial guidance following a miserable week at Cheltenham 2016. Today William Hill governance stated that 2016 expectations remained at a …

Having secured its Stockholm Nasdaq IPO in March, mobile gaming specialist Leo Vegas has announced that it is ready to launch its sports betting offering ‘LeoVegas Sports’ on Friday 13 May. The Malta and UK licensed firm will bring its sports betting product powered by Kambi, in time for the start of the UEFA Euro 2016 Championships (10 June – …

Genius Sports CEO Mark Locke has been invited to discuss how advancements in technology can help to protect the integrity of sports at a Congressional Hearing in Washington, DC on May 11, 2016. The U.S. House of Representatives Subcommittee on Commerce, Manufacturing, and Trade (CMT) fact-finding hearing, entitled “Daily Fantasy Sports: Issues and Perspectives,” will receive testimony from industry experts on …