Featured News

News that the SBC Team choose to highlight

Trump Administration shows no love for New Jersey betting

SBC News Trump Administration shows no love for New Jersey betting

It appears that the Trump administration has shown its hand with regards to US sports betting, having issued Solicitor General Noel Francisco to file a Supreme Court brief supporting US-pro leagues’ stance against sports betting being legalised in the state of New Jersey. The brief is a deep blow to New Jersey officials, who this October were granted the right …

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UK Supreme Court rules against Phil Ivey’s £7.7 million ‘Edge Sorting’ Crockfords Mayfair dispute

SBC News UK Supreme Court rules against Phil Ivey's £7.7 million 'Edge Sorting' Crockfords Mayfair dispute

US poker legend Phil Ivey has lost his UK Supreme Court appeal against Genting Casino, relating to a £7.7 million ‘edge sorting – Punto Barco’ dispute at London’s Crockfords Mayfair Casino. Ivey representatives wished to overturn a 2014 UK Civil Court ruling against the poker player, which deemed that he had played unfairly; ‘Circumvented the premise of the game’s rules’ …

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M&A hungry LeoVegas expands UK presence with €60m Royal Panda acquisition

SBC News M&A hungry LeoVegas expands UK presence with €60m Royal Panda acquisition

Presenting its Q3 2017 trading update (period ending 30 September), Stockholm-listed LeoVegas Group AB has confirmed that it has entered a ‘definitive agreement’ to acquire Malta-based Web Investments limited the operating company of online casino Royal Panda (RoyalPanda.com). Confirming the deal in its Q3 trading update, LeoVegas has agreed to acquire Royal Panda outright for a purchase price of €60 …

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888 promotes Itai Pazner to Group COO

SBC News 888 promotes Itai Pazner to Group COO

Updating the market, London-listed online gambling group 888 Holdings has confirmed the promotion of Itai Pazner to the executive position of Chief Operations Officer (COO). A sixteen-year company veteran, Pazner takes over leadership of 888 group operations, having most recently served as Senior Vice President of 888’s B2C division. Reporting directly to 888 Holdings Chief Executive Itai Frieberger, Pazner will …

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Betsson AB to launch Spanish market sportsbook property with BetConstruct

SBC News Betsson AB to launch Spanish market sportsbook property with BetConstruct

Stockholm-listed European online gambling group Betsson AB has confirmed that it will expand its presence within the regulated Spanish online gambling market, launching a new sportsbook property with industry platform and technology supplier BetConstruct. Confirming the agreement, Betsson management detailed that it would move to integrate a full-suite BetConstruct sportsbook solution for its Spanish market entry, combining the product with …

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OPTIMA’s Jacob Lopez: The evolving relationship between online, OTC and self service betting

OPTIMA & BTC Partnership

As CEO of OPTIMA, a leading supplier of sports betting and gaming provisions, Jacob Lopez is in an optimal position to analyse how betting platforms will develop and maintain relationships between retail, digital and self-service stakeholders as consumer demands and technologies evolve.  The Seville based supplier, which boasts partners in Europe, Asia, Africa and America, has gone from strength to …

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UK operators told to remove ‘child themed’ advertising inventory

SBC News UK operators told to remove 'child themed' advertising inventory

UK regulatory and licensing stakeholders have sent a joint-letter to online gambling operators demanding that adverts ‘appealing to minors’ be ‘immediately removed’ from websites and active marketing inventory (media, affiliates and third parties). The joint-letter was published by the UK Gambling Commission (UKGC), and supported by UK advertising bodies the Committee of Advertising Practice (CAP) and The Advertising Standards Authority …

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Strategic governance review sees Sportech put up for sale

SBC News Strategic governance review sees Sportech put up for sale

Issuing a governance statement, London-listed betting systems provider Sportech Plc has today announced that it is seeking a corporate sale of its entire enterprise. Its decision follows a comprehensive strategy review undertaken by Sportech governance with a view to maximising shareholder value. Launching its bidding process, Sportech informs that it has appointed London investment firm Canaccord Genuity as lead financial …

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Tough ‘venues’ condition sees Rank Group up digital presence

SBC News Tough 'venues' condition sees Rank Group up digital presence

Ahead of its Annual General Meeting, London-listed gambling operator Rank Group Plc has issued a 16-week trading update (period ending 15 October). The gambling operator has stuck by its full-year guidance, despite facing tough ‘venue conditions’ in 2017. In its latest trading update, Rank would sustain a like-for-like group revenue increase of 2%. The company detailed that growth was primarily …

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