UK

Allwyn Entertainment has secured access to €1.6bn funds, having reached a senior facilities agreement with a syndicated group of international banks.  The transaction was undertaken by Allwyn International (formerly SAZKA Group AS) with lenders agreeing to provide an aggregate €1.6bn facility to the lottery conglomerate. Terms of the agreement will see the €1.6bn credit facility split into separate debt tranches, …

The FIFA 2022 World Cup is now just a few days away, and Entain projects that the tournament will be a resounding success for sportsbooks. A ‘record number of actives, bets, stakes and first-time-deposits’ is expected by the Ladbrokes and Coral operator, as its brands prepare for the event with new products and promotions. This includes Ladbrokes’ Half Time Quiz …

Premier League footballer Ivan Toney has been charged by the FA with multiple breaches of betting rules. The Brentford FC forward is accused of violating FA Rule E8 232 times between 25 February 2017 and 23 January 2022, and could face a potential ban from professional football as a result.  He has until Thursday 24 November to provide an update …

SIS (Sports Information Services), the supplier of 24/7 live betting content has agreed to power the esports betting offering of Spreadex, the UK’s leading spread betting operator. The partnership will allow Spreadex’s customers to watch and bet on  Competitive Gaming’s live head-to-head events, including SIS’ newly launched 24/7 Counter-Strike (CS:GO) channel offering its 2v2 format for esports wagering.  Bolstering its …

Esports Entertainment Group (EEG) has terminated its UK sportsbook portfolio of SportNation and RedZone Sports. This evening, Argyll Entertainment AG, the operating firm of SportNation and RedZone notified customers via email that the brands were “closing in the UK market”. Customers were informed that websites would remain ‘active and operational’ until 30 November 2022. Beyond the notice period, customers will …

Real-time sports updates provider, LiveScore, has partnered with 1998 World Cup winner and Arsenal legend Emmanuel Petit for a World Cup campaign. Looking into the lengths football fans go to keep up with following scores, the campaign reveals that 40% say if a football match is on that they’re unable to watch, they have a ‘real fear’ of missing the …

GambleAware has launched a new version of its long-running ‘Bet Regret’ campaign, targeting potential problem gamblers ahead of the FIFA World Cup. Citing current economic conditions, the charity predicts that the cost-of-living crisis and ‘significant hype’ around the tournament will create a ‘perfect storm’ for problem gambling and associated harm. The group has also cited the recent findings of a …

The British Horseracing Authority (BHA) will undertake a restructure of its corporate governance to strengthen the long-term development of UK racing and its implementation of a new industry strategy to improve funding.  BHA members approved the initiative this morning at the EGM of the Racecourse Association (RCA) attended by all stakeholders of UK racing. The revamp of the BHA’s corporate …

As a range of prominent tech firms cut their staff numbers, some firms are reportedly eyeing up potential recruits, including bet365. According to a recent report in The Times, the Stoke-on-Trent-headquartered global bookmaker is examining the HR opportunities an abundance of tech talent provides.  The past few weeks have seen social media leader Meta – which owns Facebook, Instagram and …