Europe

Lotto monopoly questioned in The Netherlands

Dutch - Copyright: viperagp / 123RF Stock Photo

Monopolies on sports betting and lottery scratch cards are to remain in The Netherlands, but The Council of the State, the nation’s highest administrative court, has ordered a rethink of its lottery monopoly. Following an appeal by the European Gaming and Betting Association (EGBA), alongside international gambling firms Unibet, Betclic and Betfair, the council ruled that the existence of only …

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Scientific Games absorbs Q1 restructuring costs for Digital future

SBC News Scientific Games absorbs Q1 restructuring costs for Digital future

Further to announcing its corporate leadership change, Scientific Games Corporation (SGC) has today published its Q1 2018 trading update (period ending 31 March), detailing a number of financial restructuring adjustments. The Nasdaq-listed technology group reported a 12% increase in group revenues to $811 million (Q1 2017: $725 million), supported by revenue growth recorded across its core divisions – SG Gaming …

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Will Westcott: Betgenius – Africa is in-play for World Cup 2018

SBC News Will Westcott: Betgenius - Africa is in-play for World Cup 2018

Will Westcott Business Development Manager for Betgenius, details why Russia 2018 comes at a perfect time for African sports betting stakeholders, as consumers move to embrace in-play dynamics. _________________ The 2018 FIFA World Cup is projected to be the biggest global betting event on record, exceeding the estimated £1bn wagered on the same event four years ago. This summer’s main …

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GIG targets ‘Sports expansion’ following strong 2018 opening

SBC News GIG targets 'Sports expansion' following strong 2018 opening

Publishing its Q1 trading update (period ending 31 March), Oslo-listed online gambling firm Gaming Innovation Group (GIG) has detailed confidence in hitting its full-year targets following a strong opening to 2018. Driven by strong organic growth across its online gambling brands, GIG reports period group revenues of €37 million up 62% on corresponding Q1 2017’s €23 million. Updating the market, …

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New Chapter… Scientific Games promotes Barry Cottle to Group Chief Executive

SBC News New Chapter... Scientific Games promotes Barry Cottle to Group Chief Executive

Updating the market, Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has confirmed the appointment of Barry Cottle as new President & Group CEO. Cottle is expected to take full leadership of SGC group operations on 1 June, replacing incumbent Kevin Sheehan, who will remain as a corporate senior advisor. A seasoned technology and entertainment executive Cottle has led SGC’s …

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Revenues rise for Turf TV and Racecourse Media Group

SBC News Revenues rise for Turf TV and Racecourse Media Group

The yearly media rights revenues received by the 37 British racecourses affiliated to Racecourse Media Group (RMG), have increased by 9%  from the previous year to £93.1million. These payments, which are paid via licence fees and dividends, were derived from: Turf TV – betting shop service provider to licensed betting offices (LBOs), Racing UK (multi-platform subscription channel), digital (bet-to-view streams), GBI Racing (international …

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ESSA reports 50 suspicious betting alerts in 2018’s first quarter

Copyright: sdecoret / 123RF Stock Photo

International betting integrity body ESSA has published its integrity report for the first quarter of 2018, reporting 50 cases of suspicious betting to the relevant authorities during the period. Breaking down those figures sees nine sports involved, with tennis having the most cases with 27, followed by eleven cases in football and four in table tennis. Of the rest, both …

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