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New York sports investment firm Bruin Sports Capital has entered into a joint venture with international communications and marketing services firm WPP to become the lead supplier of NFL ‘Game Pass’ subscriptions for the European market. Having agreed Game Pass distribution rights with the NFL, Bruin and WPP will move to create a new sports content agency based in London, …

Following an arduous nine-month regulatory compliance review, the AUS $11 billion merger of Tabcorp Holdings and Tatts Group has received approval by The Australian Competition Tribunal (ACT). Tabcorp governance this morning issued a corporate update detailing the ACT’s ‘merger greenlight’, with full details of its competition review expected to be published on Thursday 22 June. Updating investors, Tabcorp governance stated …

The US Federal Trade Commission (FTC) has dealt a severe blow for the planned merger of leading daily fantasy sports operators FanDuel and DraftKings, filing an official lawsuit against the formation of a new company. Last week, US Tech news sources reported that FTC officials may have concerns on the combination of FanDuel-DraftKings, which would see one player takeover a …

Spread betting operator Sporting Index Group, has this morning announced that it has agreed to acquire Touchbet, an industry provider of trading and risk management services. Issuing a market update, Sporting Index stated that the undisclosed sum acquisition aimed to enhance its B2B division Sporting Solutions, optimising the firm’s Risk Management Services (RMS) capabilities. Founded in 2006 Sweden and Malta-based …

Belgium’s Parliament is set to open discussions on potentially pursuing a blanket ban on all forms of gambling-related advertising during live sports broadcasts, which would be implemented across all media verticals. The discussion has been put forward by Christian Democrat CDV MP Koen Geens, who has detailed that Belgium’s Government has failed to ensure the appropriate safeguards against betting operators …

US Tech news sources have reported that the planned merger of FanDuel and DraftKings maybe be denied by the US Federal Trade Commission (FTC), on grounds that the combination would form an outright leader with more than 80% of the daily fantasy sports market. FTC officials are reported to have shown concern that the FanDuel-DraftKings combination would lead to a …

Kenya’s National Alliance (TNA) government has reduced its blanket industry tax charge to 35% on all gambling activities following backlash from multiple stakeholders. Last March Kenya’s Treasury Secretary Henry Rotich presented a National Budget proposing a betting/gambling ‘all activities’ tax duty of 50%. Kenya betting industry and sports stakeholders immediately moved to halt Rotich’s tax proposal, stating that he acted …

Issuing a market update, Playtech BGT Sports (PBS) has today informed that it will expand its Self Service Betting Terminals (SSBTs) agreement across UK independent bookmaker Betfred’s entire retail betting shop portfolio. The partnership expansion will see PBS supply a further 570 terminals to Betfred’s estate inventory, which will see it service a total of 2,800 SSBTs across 1,700 betting …

Updating the market, the UK Gambling Commission (UKGC) has revealed that through its joint operation with the City of London Police Intellectual Property Crime Unit (PIPCU) there has been an 87% decline in gambling adverts served through illegal websites. The joint operation was set up 12 months ago, in order to further protect media owners against copyright infringement. The partnership …