European sports betting operator Betsson AB, has confirmed is acquisition of Georgia licensed betting operator Europe-Bet for a purchase price of $50 million (£31 million). Detailing the acquisitions final terms, Betsson AB will pay Europe-Bet holding company Chempionebi an additional sum of $35 million upon completion of one year under its management, provided that Georgian gambling regulations remain unchanged. Should …

Daily fantasy sports (DFS) operator DraftKings is set to further its relationship with Walt Disney Company owned US sports network ESPN, by committing $250 million (£160 million) in ad-spend over the next two years. DraftKings will become the exclusive DFS partner to ESPN owned media channels and digital inventory as the operator secures its biggest advertising partnership and secures nationwide …

FansUnite was started by three sports fans in Canada, and intends to be a site for fellow fans offering transparency, fun, and top wagering advice via its social betting platform and community. FansUnite  utilises virtual currency meaning, should they opt to, users are able to bet on sports without the risk of losing any actual money. A place for gamblers of …

Independent Game Design and Platform Integration specialists Betdigital , has seen a 400% increase in demand for its bespoke games. With more operators wishing to embrace an Omni-channel offering has seen Betdigital acquire a huge number of new customers that have significantly boosted revenues. Players are now able to enjoy content on a fresh platform that in turn raises awareness of suppliers …

US sports network ESPN has disclosed that the Department of Justice and the NFL in legal documents have considered, sports betting to be a ‘game of skill’. The definition used by both parties may become a vital distinction in the progress of legalised sports betting within the US. ESPN, North America’s biggest sports broadcaster, discovered the documents by searching public …

Having recorded year on year performance declines, Lennart Käll CEO of Swedish state owned gambling operator Svenska Spel has urged the government and national regulator Lotteriinspektionen to introduce new regulations and policies that will toughen Sweden’s gambling framework. Svenska Spel reported a 2.4% net gaming revenue decline to SEK4.3 billion (£330 million) for the opening six months of 2015. The …

Isle of Man online bingo operator Live Bingo Network (LBN) has confirmed that it has agreed a games content partnership with Microgaming, which will bolster its UK slots and games inventory with over 200 titles. Microgaming will provide its slots inventory through its Quickfire platform to LBN’s 52 network partner sites, which includes online bingo rooms’ Booty Bingo, Landmark Bingo …

Gearing up to the start of a new Premiership football season, William Hill has announced the launch of its £50 million Prem Predictor jackpot. UK William Hill customers will be able to predict the final positions of all 20 Premier League clubs for their chance to win £50 million. Cost per prediction will be charged at £2, selections will be …

AUSTRAC, the Australia financial intelligence unit is charging Tabcorp with failure to comply with anti-money laundering and counter terrorism financing laws. The penalty placed by the finance body, could see Tabcorp charged with an AUS $17 million fine, for failing to meet Australian anti-money laundering compliance laws and practices. AUSTRAC has stated to Australian media that it has gained a …

32Red Plc governance is confident of hitting  2015 targets following a strong opening H1 2015 (period ending 30 June) performance which saw the operator improve performance on all top line metrics. Updating the market, 32Red saw its group Net Gaming Revenue (NGR) up 22% to £18.6 million (H1 2014: £15.2 million). Its flagship vertical 32Red casino contributed £17 million of …