UK

The UK Tote Group, the consortium of racing-backed investors formerly known as Alizeti, has revealed that it will begin a ‘new era for the Tote’ after confirming the completion of its acquisition of the UK’s pool betting operator for horse racing, making the group the sole owner.  Outlining its plans for brand development, the Group has placed a particular focus upon the modernisation …

We learned late last week that Sportradar, a global leader in delivering sports data and content, had completed the acquisition of sports betting and gaming omnichannel platform provider Optima in a deal effective immediately. Just a few days on we caught up with Optima CEO Jacob Lopez and Sportradar CEO Carsten Koerl for their reaction to forming this new one-stop-shop …

Land-based casinos can now offer cashless payments for casino chips in under a minute through Trustly Live, a brand new solution for land-based operators launched at this week’s Global Gaming Expo (G2E) in Las Vegas. We spoke to Samuel Barrett, Trustly’s Director of Gaming, to find out more.  SBC Can you give us a brief bit of history behind the …

According to recent figures released by GambleAware, UK operators Bet365, GVC Holdings and William Hill have again topped the list of donations received by the industry charity, for the period between 1 April 2019 – 30 September 2019. The charity had received £5.4m in pledges and donations for Q1 and Q2 of this year, however this does not include funds …

Rank Group Plc has detailed further progress for the firm’s transformation objectives and confidence in future prospects, as the London listed gambling group publishes its latest trading update for the quarter ending 30 September 2019. Rank records a 10% increase in group like-for-like net gaming revenues (NGR), detailing strong continued growth across its digital channel up 16% NGR. Maintaining its digital …

With only 16 days to go until the Brexit deadline, the UK has been granted ‘national listed status’ by the European Union, which will ensure that racehorses can move across the borders in the event of a no-deal Brexit.  While barriers to ‘seamless’ movement will still be in place, the third-country status is hoped to provide certainty for owners and …

Isle of Man licensed online bookmaker MustardBet has informed customers that it has ceased trading by issuing a notice of closure across its digital platforms. The bookmaker confirmed that it has begun returning balances back to customers, which it aims to fulfil within the next 72-hours. Closing its wagering markets, MustardBet has been praised for confirming that ‘all unsettled customer bets …

The announcement by the UK Gambling Commission (UKGC) that Gibraltar-based Betfred.com is the most recent recipient of a hefty financial penalty for AML failings has served to raise once again the question why so many overseas-based remote operators have run into such problems with the UK regulator. In the Betfred case, it has not just been a case of concern …