Europe

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. K: betting on horseracing – 2017-18 Levy, the last hurrah? The GB Horserace Betting Levy Board reported an annual income of £95m in 2017/18. This represents a 46% increase on the previous …

Spanish business news source OK Diario has reported that US multi-national private equity firm Blackstone is preparing a bid for Grupo Codere, Spain’s largest gambling operator. The private equity firm, seeks to create the world’s leading Spanish-language gambling/betting group, merging its recently acquired Grupo CIRSA asset with Codere’s enterprise. In its report, OK Diario details that Blackstone executives have turned …

Seeking to bring transparency to its current ‘voluntary funding arrangement’, industry charity GambleAware has published details of donations and pledges received by industry stakeholders. Updating the market, GambleAware details that the ‘total amount of money pledged and received during Q1 2018 (April-June) amounted to £2.8 million’. At present, industry incumbents that support GambleAware initiatives are required to contribute annually a …

Sky News has this morning reported that FTSE-listed gambling group GVC Holdings is set to unveil it’s $/£ multi-million US strategic partnership with MGM Resorts International next week. According to city insiders, GVC governance is finalising plans on a long-term 50-50 joint venture with MGM Resorts, considered the US’ largest casino operator. Both parties will commit an initial $100 million …

Attendees at one of Britain’s premier racecourses can now benefit from a wide variety of expert advice, courtesy of a fresh link-up between Racing Post B2B and Ascot Racecourse. Coinciding with the launch of Bet With Ascot, the racecourses pool betting operation in partnership with Totepool, Racing Post’s tipping expertise, in the form of bet prompts and predictors, can be …

Non-league Altrincham FC has renamed its main stand the FootyAccumulators.com Stand in time for the new season, after striking a sponsorship deal with Manchester-based CheckdMedia. The deal will include regular collaborations and access to exclusive content, as Altrincham look to continue their recent success following promotion back into the National League. Altrincham Director Lawrence Looney, who was a key player in …

The world of online sportsbooks is becoming an increasingly saturated environment, so much so that the team at MustardBet took the decision to completely rethink the sports betting experience, and develop their own bespoke platform. Believing it has now developed an attractive product, the overall aim to make Mustardbet stand out by doing “things a little bit differently to the …

Fixed Odds Betting Terminals (FOBTs) have returned to the news once again, after a first-tier tribunal found in the favour of bookmakers, which could potentially see them rake in a billion pounds in paid VAT from 2005 to 2013. The original decision by the tribunal deemed that Category B2 games should have been VAT exempt from 2005 to 2013, after …

On the back of a successful second quarter of 2018, turnkey sports betting service Kambi is setting its sights on expansion across a number of key markets. Aided by the beginning of the Russia World Cup, hailed as “a huge success for Kambi and our operators, with turnover, revenues and active players reaching all time highs” by CEO Kristian Nylén, …