UK

Luckbox gears up for Toronto IPO

Esports bookmaker Luckbox is ‘accelerating plans’ to list its business on the TSX Venture Exchange – Toronto’s marketplace for small-to-mid sized fast-growth enterprises. Luckbox management reveals that during May it recruited TSX fund and ‘capital pool’ advisor Elephant Hill Capital to act as lead agent planning the firm’s IPO route. Elephant Hill has published a prospectus on Luckbox, in which …

Read More »

FansUnite accelerates wagering ambitions by acquiring McBookie for $2m 

Scottish bookmaker McBookie (McBookie.com) has confirmed the sale of its business to Canadian sports-tech group, FansUnite Entertainment Inc. McBookie Managing Director Paul Petrie confirmed that a $2.2 million agreement had been reached with Vancouver-based FansUnite, which listed on the Canadian Securities Exchange earlier this month in a bid to expand its sports wagering capacity. Launched in 2009 by former Tote …

Read More »

Playtech trades with confidence to mitigate first stage COVID-19 impacts

Playtech Plc corporate performance remains in-line with expectations despite its business units trading in unprecedented circumstances. Playtech explained that its performance is currently tracking better than the company had anticipated in publishing its mid-March COVID-19 update.  Publishing a snapshot of key metrics, Playtech detailed a ‘strong Q1 2020 period’, in which the FTSE technology group delivered an adjusted EBITDA of …

Read More »

BHA adds further ‘preparatory steps’ for June reopening

The British Horseracing Authority (BHA) has confirmed that from 1 June, it will be compulsory for all trainers to declare runners 72 hours prior to the race. The announcement comes as the racing body ramps up its plans for a 1 June resumption that is in line with the UK Government’s provisional timetable for the return of sport behind closed …

Read More »

Camelot launches new ad campaign to thank National Lottery players

Camelot Group has launched a new TV advertising campaign, which looks to thank National Lottery players for supporting local and national projects during the coronavirus crisis. Up to £600m has been raised so far in support of charities and organisations affected by the pandemic, with the National Lottery raising £30m each week on average. The TV advert will form part …

Read More »

UKGC shows no uplift in illegal gambling complaints

The UK Gambling Commission’s (UKGC) research department has published new data revealing ‘no increase in the number of complaints’ related to illegal gambling websites during the national lockdown. Tracking data since 23 March, the UKGC stated that there has been no spike in complaints – with a total of 12 disputes related to nine websites in March, and a further …

Read More »

Roger Tyrzyk, IDnow: Helping online operators stop the bad guys

IDnow

‘Non manipulable’ identity verification solutions, such as those provided by IDnow, are vital across all industries where companies carry out customer interactions that require a high level of security – something which can, of course, be applied to online gambling. We asked Roger Tyrzyk, IDnow Country Manager for UK&I, Malta and Cyprus (pictured above), to discuss the ‘best of both’ …

Read More »

GambleAware research highlights treatment inefficiencies tackling social dynamics

MontBleu Casino Resort & Spa in South Lake Tahoe

GambleAware has called for the continued development of education programmes to increase awareness of problem gambling after new research showed 46% of those with gambling disorder have not accessed treatment or support. The charity’s ‘Treatment Needs and Gap Analysis’ report, carried out by a group of researchers including the National Centre for Social Research, also found that 27% of gamblers …

Read More »

IBAS issues dispute guidance on season long bets

Betting adjudication services provider IBAS has revealed that April was its ‘second busiest month ever’, as punters used its alternative dispute services to make claims on historic wagers. A busy IBAS detailed that it had received significant requests from punters seeking information on how bookmakers should settle ‘season-long football bets’ following the abrupt postponement of 2020’s sports calendar. Acknowledging unique …

Read More »

Nektan ceases trading on London AIM

After failing to appoint a new nominated advisor, Nektan (Gibraltar) Limited has confirmed that it is no longer trading on the London Stock Exchange’s Alternative Investment Market (AIM). Nektan cancelled its trading on AIM, citing AIM Rule 1, which states: “an applicant must appoint a nominated adviser and an AIM company must retain a nominated adviser at all times”. The …

Read More »