Spread betting firm Sporting Index has made the bold prediction that English Premier League (EPL) champions Leicester City will finish the 2016/17 EPL season on just 59 points. The newly crowned domestic champions will need to contend with Champions League participation in addition to the pressure of defending a title, and traders at Sporting Index predict that the Claudio Ranieri-managed side …

Philippines and Isle of Man based online betting operator Dafabet has secured Scottish football’s ‘biggest ever’ shirt sponsorship deal with Celtic FC. Dafabet marketing agreed a four-year sponsorship terms with The Bhoys, and will see its brand co-promoted on the Celtic 2016/17 jersey with Irish cider brand Magners (Dafabet to feature shirt front, Magners on jersey back). Celtic governance was …

Amaya Inc CEO David Baazov has officially pleaded ‘not guilty’ to multiple charges of insider trading put forward by Quebec’s Securities Regulatory Authority (AMF) Baazov who has placed himself on voluntary leave as CEO of Amaya Inc denies five offences of aiding Toronto TSX trades whilst in possession of privileged information that could influence or manipulate market pricing. On 23 …

Issuing a Q1 2016 (period ending 31 March) market update, Frankfurt Xetra-listed European sports betting operator bet-at-home AG recorded group revenues of €30 million up 6.4% on corresponding 2015’s €28.4 million. Despite reporting an improved revenue performance for its 2016 opening, bet-at-home would declare an EBIT of €7.3 million (Q1 2015: €9.6 million). The operator detailed that period marketing costs …

Swedish Nasdaq-listed igaming operator Cherry AB has this morning confirmed that it has agreed to acquire a 49% stake in Malta based European casino and sports betting operator ComeOn Limited for a consideration of €80 million. Publishing deal terms, Cherry AB detailed that it would acquire its ComeOn stake in two tranches consisting of a € cash and new share …

NFL senior officials are set to review a new franchise proposition for the city of Las Vegas, which aims to migrate the Oakland Raiders to ‘Sin City’. Pitching the proposition’s serious intent, Las Vegas Sands billionaire Sheldon Adelson hosted a media day last Thursday with former England Football captain David Beckham in attendance. Adelson, the fifteenth richest man in US (Forbes …

Unfavourable sporting results have impacted Australian gambling operator Tabcorp’s nine-month corporate update (period ending 31 March). Issuing a market release, Tabcorp governance detailed that the company had seen revenue growth in all its core divisions; ‘Wagering & Media’ ‘Gaming Services’ and ‘Keno’, with the operator posting a 1% increase in revenues to AUS $1.4 billion. Higher customer engagement had seen Tabcorp …

Ladbrokes Australia has selected Saatchi & Saatchi to be its creative lead agency following a competitive pitch process. Australian marketing news sources report that Saatchi & Saatchi Australia won the multi-million AUD $ account beating a number of agencies shortlisted by the bookmaker, including Leo Burnett, M&C (Saatchi Group) and George Patterson Y&R. Saatchi & Saatchi will be tasked with …

Updating the industry, the UK Gambling Commission (UKGC) has set out a new consumer focused business plan which it will aim to integrate over the coming year. UKGC management detailed that the plan would cover three direct themes Building on vital work to protect the most vulnerable, and set standards for responsible and safe gambling Ensuring markets are fair and …

Online gambling B2B supplier GameAccount Network (GAN) closes a tough fiscal 2015 (period ending December 2015) reporting that its operating losses have doubled to £5.6 million (FY 2014:£2.6 million). Detailing full-year 2015 metrics, GAN recorded a net revenue decrease of 8% to £6 million (FY 2014: £6.5 million). Closing 2015 GAN would report clean EBITDA losses of £3 million (FY …