UK

Having filed its 2015 annual report (period ending 31 December), professional online betting exchange Smarkets has declared corporate profits of £5.2 million up 1568% on 2014’s corresponding £316,000. The London-based operator disclosed that its 2015 exchange wagers had hit the £1 billion mark, with Smarkets governance reporting year revenues of £10.4 million up 429% on FY 2014’s £1.95. Commenting on …

Following its UK launch last month, fantasy sports operator FanDuel has introduced a late swap feature to its one-day fantasy football contests. This gives players the opportunity to make last minute edits to their fantasy teams. FanDuel’s late swap feature is live for this weekend’s Premier League matches and will apply to all of its one-day and weekend contests that cover matches …

Vahe Baloulian is the CEO at BetConstruct. He’ll be speaking at the two day Betting on Sports Conference late next week at London’s prestigious Grange Tower Bridge Hotel. Vahe will be speaking on marketing and customer acquisition strategies alongside Pinnacle’s Harry Lang, Richard Hayler of IBAS, Jacob Lopez Curciel of Optima with Rebecca Jennings of Global Reviews as chair. SBC: …

With the 4th anti-money laundering (AML) directive likely to bring the betting industry within the regulated AML sector for the first time, and forthcoming data protection changes rendering gambling operators liable for huge new financial penalties for data protection breaches, SBC Events has brought together an expert panel to deliver timely guidance for chief executives, heads of marketing, compliance teams and …

Lysis Gaming Compliance has been confirmed as an Event Badge Sponsor for Betting on Sports 2016. Lysis Gaming Compliance, part of the Lysis group, provides compliance strategy, anti-money laundering services and consultancy to the gaming industry. The company provides qualified and experienced teams from a City of London headquarters and near-shore centres, delivering efficient and cost-effective KYC and FATCA processing, …

UK bookmakers’ are giving Sheffield boxer Kell ‘Special K’ Brook a slender chance of beating Kazakh powerhouse Gennady GGG Golovkin, as the fighters meet this Saturday night at London’s O2 Arena. Coming into today’s weigh-in, Brook the IBF Welterweight champion has been priced by the majority of UK bookmakers at 5/1 versus firm favourite Golovkin’s 1/6 odds. Fighting for multiple …

On  Wednesday 7th September the all parliamentary ‘Political Animals’ took to the rugby pitch, supported by Ladbrokes. MPs, Peers and political staff all took to the field at London’s prestigious Honourable Artillery Company to try a non-contact format of the game. The  Political Animals’ were joined by journalists from the lobby and the world of sport, whilst rugby league legends Kevin Sinfield, …

New real money daily fantasy sports operator Sportito has its sights on dominating the UK by offering fantasy enthusiasts the most dynamic game on the market. Launching its UK services, Sportito will allow DFS players to cash-out instantly from competitions with no season-long commitment; its competitions will also have no salary caps making for easier play. Furthermore, the DFS start-up will …

The Betfinder failed to fire for Eoin Ryan in the Tipster Challenge at Doncaster, as BetVictor’s Head of Sportsbook Product managed just 1.63 points across the seven races. However, he wasn’t the only one to struggle, with a mere 8.26 points collected across the day from all four of our Tipster Challenge experts. SBC News picked out the same, solitary winner as …

In its Corporate Business Plan for April 2016 to March 2017, about which I wrote in May – see http://www.sbcnews.co.uk/features/comment  – the Gambling Commission made clear that: amongst its strategic objectives was to empower and protect consumers and to raise standards across all gambling sectors to ensure safe and fair play for consumers and wider public confidence in the integrity of …