(Correction: This article previously stated that this deal meant Betradar were the first in the industry to offer live odds across multiple esports titles. This is not the case.) Sports betting data and insights provider Betradar (subsidiary of Sportradar AG) has become the latest supplier to offer live-odds across multiple esports for online and live competitions, enhancing bookmakers’ current market offerings. …
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FanDuel & DraftKings stakeholders agree on merger
Tech business news sources are reporting that leading US daily fantasy sports operators FanDuel and DraftKings are reaching a conclusive agreement with regards to a merger. Since October, the governances of the DFS operators have been in ‘fast track’ discussions with regards to creating an outright market-leading enterprise. On Wednesday, former ‘Fortune’ finance editor Dan Primack revealed that according to …
Read More »AGA wants Trump administration to repeal failed PASPA
Geoff Freeman the President & CEO of the American Gaming Association (AGA) has requested for the impending Trump administration and the Supreme Court to review the Professional and Amateur Sports Protection Act (PASPA) which has outlawed sports betting in the majority of US states. The AGA stands by its claim that PASPA provisions which have limited legal sports betting to …
Read More »Rafi Ashkenazi – BetStars intent on closing gap on sports betting competitors
Presenting Amaya Inc results for Q3 2016, CEO Rafi Ashkenazi praised the work and competence of his firm’s recently launched ‘BetStars’ sports betting division, stating that it had delivered on its goal of creating a ‘competitive online sportsbook’. Seeking to challenge established legacy betting operators, the BetStars division will be led by new MD Zeno Osskó as Amaya looks to …
Read More »Betsson seeks SEK bond for further corporate acquisitions
Issuing a short market update, Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it has issued a mandate to Nordic investment banks’ DNB Markets (Norway) and Swedbank (Sweden) ‘to arrange fixed income investor meetings starting 14 November 2016’. The betting operator is seeking to secure a three-year bond issue (sum undisclosed), with the proceeds used to facilitate …
Read More »Baazov pens CAD $3.5 billion offer for Amaya assets
David Baazov the former Chief Executive Officer of Amaya Inc, has penned a reported CAD $3.5 billion (US $2.56 billion) offer to acquire the Toronto TSX-listed operator outright. Baazov who is currently facing charges of insider trading by Quebec’s securities regulator Autorité des Marchés Financiers (AMF) makes his formal approach to purchase Amaya assets outright. The former Amaya CEO who …
Read More »World’s Sexiest DJ Kellie Acreman to entertain at the SBC Awards
SBC Events has announced the signing of internationally acclaimed DJ Kellie Acreman for its awards ceremony on December 7 at Chelsea FC’s Under the Bridge night club. Sponsored by EnergyBet, and voted the ‘World’s Sexiest DJ’ in 2009, Kellie Acreman will be entertaining the 500 guests through the evening by providing a mix of music to reflect the occasion. Simona Pinterova, …
Read More »Saving to Spend – William Hill commits to digital turnaround
Publishing its corporate trading update (17-week period 29 June to 25 October) FTSE-listed bookmaker William Hill has declared that it expects its 2016 full-year operating profits to be ‘at the top end of previous £260-280 million guidance’. Updating investors, William Hill governance detailed that it has found a potential £30 million in ‘opportunities’ for group-wide operating efficiencies which governance will …
Read More »How Trump defied the odds to reach the White House by SmartBets
As you may have heard by now, Donald Trump defied the odds to become the 45th President of the United States of America in the early hours of Tuesday morning. SmartBets tracked the Republican’s meteoric rise on election day. The customisable odds comparison site powered by bettingexpert.com has tracked every flicker of movement in the betting markets to illustrate exactly where the …
Read More »Martin Wachter – Distinguish yourself as a leader
Martin Wachter, CEO of virtual sports supplier Golden Race, comments on how the firm harnesses innovation and its importance for driving the betting industry forward “Innovation distinguishes between a leader and a follower.” – Steve Jobs The global betting market is worth $3 trillion, with up to 90% of that generated by illegal gambling, much of it in Asia. A common …
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