LeoVegas is “gearing up for a big 2019 of golf” after the successful introduction of new Kambi powered betting markets at last month’s Ryder Cup in France. The mobile gametech group launched a variety of markets for featured matches at the biennial golf contest – won by Thomas Bjorn’s European team by a 17½ – 10½ scoreline, including ‘hit the …
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“You might as well shout at the moon” – Hammond set to issue RGD hike
Next Week (Monday 29 October) will see all the debate come to an end as Chancellor Philip Hammond delivers the UK Budget 2018, with industry expectations firmly set to see a significant remote gaming duty (RGD) increase. Representing the third online gambling tax constraint imposed by the government since 2014, following point-of-consumption (POC-2014) and Industry Free-Play taxes (2016), 20 and …
Read More »SBC’s On The Ball – MK Dons, Ajax and FIFA’s Club World Cup proposals
From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, SBC has you covered. This edition takes a look at a unique new partner for West Ham, as well as a fresh obstacle for FIFA. FIFA halts World Cup plans amid UEFA backlash Fifa president, Gianni Infantino’s plans for a new Club …
Read More »FA eyes betting industry levy after collapse of Wembley sale
After Fulham owner Shahid Khan retracted his £600m offer to buy Wembley Stadium, FA Chief Executive Martin Glenn has revealed the FA could seek to implement a levy on betting operators. Glenn had pushed for the sale of Wembley to increase the funding of grassroots football, however he failed to gain the backing of the FA Council and the potential …
Read More »The chicken or the egg? The cause and effect dilemma for sports betting operators
“I can’t get on to the integration fast-track with my technology supplier unless I’ve got increased turnover, and I can’t get the turnover without the content that I need to integrate.” Does this sound familiar? Conall McSorley, Business Development Director at gbet, is on hand to explain his take on the ’cause and effect’ dilemma that brings such frustration for …
Read More »Kambi leadership eyes ‘full US acceleration’ following record quarter delivery
Stockholm-listed betting platform and systems provider Kambi Group Plc, reports a ‘record-breaking performance combined with strong future prospects’, publishing its Q3 2018 trading update (period ending 30 September). Detailing growth across its core metrics and KPIs, whilst continuing to strengthen its commercial pipeline, Kambi records period group revenues of €20.5 million (Q3 2017: €15m), maintaining year-to-date revenue performance of €55 …
Read More »Savvy Kindred maintains ‘World Cup momentum’ despite new tax pressures
Publishing its Q3 2018 trading update (period ending 30 September), Stockholm-listed online gambling firm Kindred Group Plc declares that it is confident of delivering on its full-year corporate expectations and projects. Updating investors, Kindred details that it has maintained its strong post-World Cup Russia 2018 momentum, with group-wide customer activity up 25%. Detailing a further robust quarter, Kindred records period …
Read More »BetRegal partners with Aspire to bolster sportsbook capabilities
Aspire Global has partnered with BetRegal to enrich the operator’s sportsbook offering and strengthen its continued expansion plans. The partnership will see BetRegal utilise an SBTech sports customer interface, which will be run through Aspire Gaming. The migration means BetRegal becomes the first dedicated sports operator to migrate to Aspire Global from another platform, after its departure from EveryMatrix. The …
Read More »UK Treasury mulls delaying FOBTs cut to October 2019
The Guardian newspaper has this morning reported that the UK government is set to delay implementing its mandatory £2 cut on FOBTs stakes until October 2019. Since the Department for Digital, Media, Culture & Sport (DCMS) confirmation that FOBTs machine wagering would be drastically reduced from £100 to £2, the UK government has faced mounting criticism for delaying its directive. Cross-party consensus …
Read More »Luckbox commits to highest level of esports integrity monitoring joining ESIC
Dedicated esports betting operator Luckbox, has confirmed that it has become the latest industry incumbent to join the Esports Integrity Coalition (ESIC). Founded in 2016, ESIC is an independent integrity monitoring body, which aims to safeguard all-levels of competitive esports against cheating, match-fixing and corruption. Isle of Man licensed Luckbox, an enterprise which gearing for its full platform launch in …
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