Featured News

Bloomberg News has reported that US telecoms giant Verizon, is monitoring closely the potential opening of the US sports betting market, as the company seeks to diversify its assets. The Fortune500 mobile carrier is reported to have had a number of meetings with industry consultants, assessing the current US gambling landscape, for the potential launch of a ‘sports-centric’ online gambling …

UK news sources have this weekend reported, that highstreet bookmakers are likely to face their ‘nightmare scenario’ as the government will move to impose a £2 limit on FOBTs wagering levels. On Tuesday, the Department of Digital, Culture, Media and Sport (DCMS) will finish its 12-week consultation period relating to the government’s pending triennial industry review, focusing on FOBTS wagering …

Irish bookmaker Paddy Power has confirmed the appointment of Michelle Spillane as its new Marketing & Brand Director for the UK & Ireland. The appointment sees Spillane takeover the majority of executive duties and projects, from former Paddy Power Marketing Director Mark Singleton, who this month joined digital photo printing firm Photobox. Spillane joins Paddy Power from Irish national TV …

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 looks at financial trouble for Hartlepool United as well as plans for the 2022 World Cup in Qatar. ____________________ Iran could assist Qatar with 2022 World Cup hosting It was always expected that when the 2022 …

Football INDEX is the world’s first football stock market, enabling users to buy and sell real money shares in the world’s top footballers. Detailing how the site accumulated 100,000 users across the UK, with a number of single trading days in excess of £1 million, as well as analysing future plans for expansion, Adam Cole, Founder and CEO of Football …

Future pool betting systems provider Colossus Bets has confirmed the departure Myles Milston as Chief Technology Officer (CTO). Posting an announcement on Colossus Bets Linkedin page, company Founder & CEO Bernard Marantelli detailed that Milston had left the company to launch SME venture fund Globacap (Globacap.com). Marantelli thanked Milston for his contribution to Colossus Bets’ growth and enterprise, stating that …

The global payments sector is set to be shaken up, as the UK High Court has allowed New York-listed payment processor Vantiv to combine with FTSE100 payments group Worldpay Plc. Last August, leading US payment systems provider Vantiv put forward a £9.3 billion offer to merge with Worldpay, seeking to form the outright leader in servicing global payments for in-store …

With the aim of benchmarking diversity, equality and inclusion for the global betting and gaming sector, the All-in Diversity Project has been established as an industry-driven not-for-profit organisation. In the opening year of the initiative, one of its key priorities is to establish the All-Index, which utilises solid business principles and provides a global standard index for measuring diversity within the …

Spanish gambling operator Grupo Codere begins 2018 by undertaking a leadership and governance restructure. Updating the market, Codere confirmed the appointment of Vicente Di Loreto as new Group Chief Executive, replacing current incumbent José Antonio Martínez Sampedro as the company leader. Di Loreto the former COO of Codere Latin America (2005-2010) will be supported by new Executive Chairman Norman Sorensen …

Publishing a corporate update, Stockholm-listed industry games developer NetEnt has detailed that its Q4 2017 results (period ending 31 December) will ‘lag behind market forecasts’. Updating stakeholders, NetEnt governance expects to deliver Q4 2017 corporate revenues of SEK 419 million (Q4 target: SEK 447 million), combined with a period EBIT of circa SEK 150 million (Q4 target: SEK 170 million). …