UK

Australia’s financial intelligence agency, AUSTRAC (Australian Transaction Reports and Analysis Centre), has stepped up its efforts against money laundering, particularly relating to the gambling sector. Spokespeople for the government agency revealed at the Regulate the Game 2023 conference this week that a new specialist unit has been created with a specific anti-money laundering (AML) in betting remit. Bradley Brown, AUSTRAC …

Tekkorp Capital has made its latest strategic investment, leading a non-brokered private placement of units in B2C and B2B sports betting firm FansUnite. Conducted at a price of $0.08 per FansUnite unit, the offering totals aggregate gross proceeds of $2m and sees Tekkorp acquire 13,750,000 financing units in FansUnite, corresponding to shares in the firm. The offering forms part of …

Elgin City striker Kane Hester has been found to have over £2,000 in his bedside drawer, a trial heard, following accusations made that he plotted to defraud bet365. The Scottish league footballer has been accused of intentionally getting booked during a match against Hibernian in a plan to defraud the bookmaker, which involved three of his friends, but has denied …

Sky Bet has announced that Grey London has won its agency pitch to become the creative lead of its multi-million-pound UK advertising account. The appointment sees Grey London replace incumbent Who Wot Why as lead creative agency of Sky Bet – a position held since 2018. Winning the account, Grey London will be tasked with “developing a long-term strategic brand …

Multinational lottery operator Allwyn has completed the full takeover of the Camelot network from the Ontario Teachers’ Pension Plan Board (OTTPB). The company revealed today that it had now finalised the acquisition of Camelot Lottery Solutions (Camelot LS) group, fully integrating the outgoing UK National Lottery operator’s B2C brand and support networks. As such, all companies of the Camelot LS …

The Northern Territory Racing Commission (NTRC) has issued a A$78,540 fine (€50,000) against Ladbrokes Australia for failure to carry out due-diligence on a customer’s source of funds.  The customer in question had informed the NTRC – which serves as a licence issuer for several Australian bookmakers – that he was on a $145,000 annual salary but had ‘far less’ discretionary …

Betfred is set to ‘supercharge its esports offering’ by partnering with dedicated esports odds compiler and end-to-end data solutions provider PandaScore.  The launch of Betfred’s new esports offering will provide customers with access to over 308 unique markets priced by PandaScore’s trading team across 32,000 esports events per year. The tier-1 bookmaker will further be supplied with PandaScore customised tools …

James Kennedy has begun his tenure as the first Head of talkSPOIRT Bet, BetVictor’s latest white label venture, operated on behalf of the talkSPORT media outlet.  Based in Gibraltar, the role will see Kennedy lead, manage and oversee the UK-facing talkSPORT Bet brand, which made its market launch late last year following its initial announcement in August. The operator uses …

SBC is delighted to announce that the application period for the highly-anticipated SBC Summit North America First Pitch competition is now officially open and will continue until March 31.  By offering this opportunity, SBC provides a unique platform for start-ups in the sports betting and iGaming industry to showcase their innovative products and present their business ideas in front of …

The BHA has announced that the Racing Together Community Day is making a return on 25 May 2023. The annual event is racing’s national day of volunteering in support of local communities when those involved in the sport are invited to give their time for good causes. John Blake, CEO of Racing Together, commented: “We’re pleased to announce this year’s …