Europe

FTSE250 William Hill Plc has this morning published its full-year 2019 results, recording a 2% decline in group revenues to £1.58 billion (FY2019: £1.6bn).  The bookmaker branded 2019 as a ‘transformative year’, in which it has restructured its three core trading divisions for online, retail and the US. Continued retail adjustments related to shop closures and redundancies saw William Hill …

Texas-based OTT Platform FloSports.tv (FloSports) is set to significantly increase its international horseracing content after securing a premier package agreement with HBA Media. The Austin-based streaming service has secured a media package covering international racing’s most valuable events, including the $20 million Saudi Cup, the Dubai Racing World Cup, Cheltenham Festival’s Gold Cup and Australia’s Turf Club’s Golden Slipper race. FloSports …

Spain’s long-awaited Royal Decree on Advertising is expected to cut gambling communications by 80 per cent, with the country’s government seeking to clamp down on a variety of betting-related marketing activities. The left-wing coalition, formed by the PSOE and Podemos parties, is expected to tighten restrictions on betting advertising channels after claiming that the gambling industry was ‘over-exposed to young audiences’. Market critics cite …

Free-to-play (FTP) sports-game specialist SportCaller has secured a new partnership with Virgin Bet which will see its latest predictor game LiveScore6 launched exclusively with the operator. The game will give punters the chance to predict scores from six predefined games across the weekend football fixtures, with rewards available via Virgin Bet’s ‘scaled points system’ for each correct prediction. SportCaller MD …

What can the sports betting industry do to avert an industry-wide crisis across Europe will be a key theme at this year’s Betting on Sports Europe conference, being held at Stamford Bridge on 2-4 June.  The conference will take place against a backdrop of the sports betting industry coming under fire from both politicians and the media, with the criticism …

The Gaelic Players Association (GPA) has reached out to representatives of the Gaelic Athletic Association (GAA), calling for a ban on gambling adverts during live broadcasts of gaelic football and hurling.  The players’ body has called for a ban to be written into GAA rules, with a motion currently prepared for GAA Congress this weekend. If successful, the proposal will …

City news sources report that an £80 million bet has been placed against GVC Holdings, believing that the FTSE250 betting group’s share price will significantly devalue within the coming weeks. The short position against GVC has been taken by Chicago-based hedge fund Citadel, a $32 billion fund led by renowned activist investor Ken Griffin. Citadel analysts have confidence in betting …