Betting enters a new decade, in which its product propositions and engagement capacities will be yet again tested by changing consumer demands. Facing disruptions, SBC spoke to Smita Saxena Founder and CEO of Stanza, a fast-growth Silicon Valley enterprise seeking to revolutionise all dynamics related to user scheduling and time-keeping. Stanza has proven its engagement dynamics for US sports leagues …
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Codere chooses Solitics’ data management & automation platform
Spanish multinational gambling group Codere has sealed a deal with Solitics to improve its management of data and create a more personalised experience for its players. Codere confirmed that Solitics has integrated its real-time data management and automation platform into Codere’s sport betting and casino operations in Europe and Latin America (LatAm). Moshe Edree, COO for Codere’s digital division, said: …
Read More »Gauselmann Group acquires majority stake in Bede Gaming
German gambling conglomerate Gauselmann Group has expanded its digital presence by acquiring a ‘significant majority stake’ in Newcastle-based Bede Gaming. The acquisition will allow Gauselmann Group to create new opportunities ahead of the launch of Germany’s online gaming market in 2021. Paul Gauselmann, CEO and founder of the Gauselmann Group, commented:“Bede’s technological expertise is very impressive and its highly complex …
Read More »Smarkets: Biden gets his ‘Michigan sweep’ as Trump maintains Presidency lead
As the US gears up for election season, betting exchange Smarkets has suggested that Democratic front-runner Joe Biden has a 45% chance of becoming the next US president. Following a key victory in Michigan, Biden has successfully closed the gap with Donald Trump who is now trading at 51% to gain a second term. Currently trading at 93% to become …
Read More »Betway to pay record £11.6m after Gambling Commission finds VIP customer failings
After a Gambling Commission investigation, online gambling operator Betway has agreed to pay £11.6m, alongside implementing a package of measures, for a series of social responsibility and money laundering failings linked to dealings with seven of its high spending customers. The regulator said that in one instance, the operator had failed to carry out source of funds checks on a …
Read More »Raketech boosts global network with Lead Republik acquisition
Online affiliate and content marketing provider Raketech has strengthened its global expansion strategy after confirming the full acquisition of iGaming affiliate network Lead Republik. While Lead Republik is registered in Malta, the acquisition will allow Raketech to access customers from Canada, Germany and New Zealand. Oskar Mühlbach, CEO of Raketech stated: “This acquisition is ticking a lot of strategic boxes, …
Read More »Better Collective nominates Todd Dunlap to join board
Stockholm-listed Better Collective has given its backing for Todd Dunlap to be elected to the board, as the company seeks to grow its US portfolio. The committee hopes to draw upon Dunlap’s experience in the affiliate industry, with specific emphasis placed upon Dunlap’s expertise in the US market. Dunlap has also gained experience in the travel industry, with Better Collective …
Read More »bet365 deepens Spotlight Sports Group video partnership
Spotlight Sports Group, the umbrella group for Racing Post, MyRacing and FreeSuperTips, has penned a new partnership with bet365, ‘deepening’ its video initiatives through to 2021. The agreement includes an immediate extension to the duo’s exclusive sponsorship of the firm’s Cheltenham Festival series ‘Upping the Ante’, which garnered 1.7 million views and an average watch percentage of 42% during the …
Read More »EGBA calls for stronger enforcement of EU single market rules
The European Gaming and Betting Association (EGBA) has called for the single market regulations to be ‘enforced more strongly across all sectors, including online gambling’. It follows on from the publication of the European Commission’s action plan for the enforcement of the EU single market rules, in which the EGBA agreed that the implementation and enforcement of EU law is …
Read More »Profit Accumulator Instagram posts fall foul of ASA
Matched betting service Profit Accumulator has fallen foul of the Advertising Standards Authority (ASA) after two of its Instagram posts were deemed ‘irresponsible’ by the watchdog. The two posts, shown on 22 March 2019 and 11 April 2019 respectively, came under review after a complainant believed ‘the ads suggested that matched betting could be a way to achieve financial security’. …
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