Fortuna and STS dominated the second annual Polish Bookmaker Awards, organised by one of the country’s largest affiliate sites Legalni Bukmacherzy. This year, there were 11 categories in total, which included five additional new categories from the inaugural edition. Market leaders Fortuna and STS received eight of the 11 between them. Similarly to last year, Fortuna was recognised as the …
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Harald Neumann ends tenure as Novomatic CEO
Austrian gambling technology conglomerate Novomatic AG has confirmed that Harald Neumann has handed his resignation as Group Chief Executive. Issuing a corporate statement this weekend, Novomatic governance disclosed that Neumann had resigned from CEO duties on Saturday 29 February, ending his six-year tenure as company leader. Novomatic governance detailed that Neumann had chosen to leave leadership of the technology group’s executive …
Read More »Countdown to Cheltenham: Paddy Power won’t lose sleep over threat of a ‘Wednesday wipeout’
Continuing our Countdown to Cheltenham, and with only eight days to go, SBC has been quizzing major operators on what we should expect from the four day event. SBC caught up with Amy Jones, UK PR & Mischief Maker at Paddy Power, who revealed that the Irish are tipped to win big at the Prestbury Cup, and that the bookmaker …
Read More »Bookies Corner – Super Tuesday holds no foregone conclusions
US media predicts a ‘Bernie Blowout’ as 14 states head to the polls in a critical ‘Super Tuesday’ (3 March) Democratic Party primary vote. Nevertheless, bookmakers believe that ‘primary season’ still holds plenty of twists, turns and unknowns as a divided DNC chooses its leader to dethrone Donald Trump’s Presidency. SBC gets the bookies lowdown as a vital stage …
Read More »Minute Media secures $40m venture backing to accelerate global appeal
Minute Media has has raised a further $40 million in venture capital to help accelerate the digital sports publisher’s next stage of global growth and further product launches. Closing its latest funding round led by London-based VC fund Dawn Capital, Minute Media raises its total enterprise funding to date to $160 million. A transformative 2019 saw Minute Media aggressively expand …
Read More »Better Collective secures esports vision by acquiring HLTV.org for €35m
Stockholm-listed Better Collective A/S has moved to further diversify its publishing network by confirming the outright acquisition of esports player community HLTV.org for €35 million. Updating investors, Better Collective governance stated that the acquisition will establish the company as a leading digital publisher within the burgeoning global esports scene. Operating since 2002, Denmark based HLTV.org is recognised as the leading …
Read More »ECJ rejects Stanleybet Italian €8m tax appeal
European betting group StanleyBet has lost its European Court of Justice (ECJ) appeal, contesting an Italian tax dispute related to wagers processed through its data centres. During the four-year long tax dispute, StanleyBet had brought an appeal to ECJ judges, challenging Italy’s Customs & Monopiles Agency (ADM) €8 million tax demand. Italy’s ADM had demanded that StanleyBet pay €8 million …
Read More »Danish regulator blocked 25 sites in 2019
Danish gambling regulator Spillemyndigheden has continued its crackdown on unlicensed operators across the country, after confirming that it had blocked access to 25 online gambling websites. Publishing its report on illegal gambling, the regulator explained that it had been working alongside the Danish Tax Authority’s anti-fraud unit to carry out a search on 502 websites. The report said: “In 2019, …
Read More »On The Ball – The Premier League reveals Hall of Fame while clubs garner new partners
From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on the Premier League’s historic Hall of Fame announcement plus sponsorship dealings with Watford, Croatia and Russia. The Premier League unveils Hall of Fame The Premier League has officially launched its own Hall of …
Read More »Codere pays high price for 2019 auditing blunders
Publishing its full-year 2019 trading results, Bolsa Madrid gambling group Codere SA has recorded corporate net losses of €62 million, representing a 32% increase on the firm’s cumulative €47 million loss recorded during FY2018. Codere investors had little to cheer over as the embattled operator recorded declines across all core operating metrics, reporting a 6% drop in group revenues to …
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