Europe

Fortuna and STS win big at Polish Bookmaker Awards

SBC News Fortuna and STS win big at Polish Bookmaker Awards

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

Novomatic

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 …

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Bookies Corner – Super Tuesday holds no foregone conclusions

SBC News 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 …

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Minute Media secures $40m venture backing to accelerate global appeal

SBC News 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 …

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Better Collective secures esports vision by acquiring HLTV.org for €35m

SBC News 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 …

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ECJ rejects Stanleybet Italian €8m tax appeal

SBC News 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 …

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Danish regulator blocked 25 sites in 2019

SBC News 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, …

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On The Ball – The Premier League reveals Hall of Fame while clubs garner new partners

SBC News 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 …

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Codere pays high price for 2019 auditing blunders

SBC News 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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