Europe

Worldwide operational expansion sees Kindred move to new Wimbledon office

SBC News Worldwide operational expansion sees Kindred move to new Wimbledon office

Stockholm-listed online gambling operator Kindred Group Plc has moved its UK staff into a new purpose-built ‘Kindred House’ office building in Wimbledon. The European operator has been based in Wimbledon (London SW19) since 1997, where Kindred has primarily housed its marketing and commercial corporate functions. Speaking to SBC, Alex Westrell Group Head of Communications for Kindred Group, detailed that the …

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Business Briefs – featuring Christmas cheer, profits and parties

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The round up includes news of a fresh UKGC license being granted, Australian and American full year and Q3 results and Christmas promotions getting underway as the festive season begins. Aristocrat posts positive results A record revenue figure of $2.45bn has been announced by Aristocrat in its full year results, a 15.3% increase from the $2.1bn shown for the previous …

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Betway extends Snooker sponsorship

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Snooker’s UK Championship is to remain part of the Betway portfolio of sponsorship’s, after the global online gaming company agreed a fresh three-year deal. Forming part of the sports Triple Crown, alongside the Masters and World Championship, this latest partnerships continues the initial two year £850,000 deal agreed two years ago. Barry Hearn, World Snooker Chairman, said: “We are delighted …

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Suren Khachatryan – Digitain – World Cup expansion and beyond

InCrowd

Multi-channel sports betting platform and technology provider Digitain has enjoyed a successful 2017, expanding into a number of new markets in addition to strengthening its sportsbook offering. With 2017 quickly drawing to a close however, Suren Khachatryan, CEO of the Armenian based firm, who are set to appear at both Betting on Football and Betting on Sports in 2018, has …

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Lottoland Nigel Birrell slams DCMS for ‘judgement with no evidence’ on EuroMillions betting

SBC News Lottoland Nigel Birrell slams DCMS for 'judgement with no evidence' on EuroMillions betting

Nigel Birrell, the Chief Executive of online lottery operator Lottoland, has slammed the UK government’s decision to ban betting on non-UK EuroMillions’ games.  “We believe that today’s decision is unjustified, and sets a dangerous precedent for policy-making on the basis of no evidence,” he said. “It will do nothing but stifle innovation in the sector.” Yesterday, remote lottery operators were …

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New Gambling Commission stats reveal “very bad news” for betting shops

SBC News New Gambling Commission stats reveal "very bad news" for betting shops

The Association of British Bookmakers (ABB) has expressed that the latest statistics from the Gambling Commission display “very bad news” for the future of British betting shops. The Gambling Commission revealed that there are now 8,502 betting shops in the UK, a fall of almost 4% within the last six months and a number that represents a continual decline in betting …

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The Stars Group sells entire stake in Jackpotjoy Plc for £45 million 

SBC News The Stars Group sells entire stake in Jackpotjoy Plc for £45 million 

Toronto TSX online gambling firm The Stars Group has moved to sell its entire stake in London-listed Jackpotjoy Plc. Issuing a market update, Stars Group has detailed that it has sold 5.6 million shares (7.5% shareholding) at a target price of 802p per share, netting gross proceeds of £45 million. The transaction was carried out by Stars Group through subsidiary …

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UK DCMS bans third party betting on EuroMillions’ games

SBC News UK DCMS bans third party betting on EuroMillions' games

The UK government has moved to ban all third party bets on the outcome of EuroMillions lottery draws. Issuing a market update this morning, the UK Department for Digital, Culture, Media & Sport (DCMS) states that it undertakes it decision following an industry consultation launched back in March 2017. DCMS will introduce new licencing provisions, which will ban UK consumers …

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Unpredictable midweek fixtures frustrating for fantasy managers

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With a combination of unpredictable scorelines and key personnel being ‘rested,’ the Premier League’s midweek fixtures proved to be a frustrating round for fantasy managers. David Silva, Eden Hazard and Mohamed Salah were among the key names rested during gameweek 14, with a number of sides scattered throughout English footballers top division also registering crucial wins. Tony Kelshaw was the …

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