Featured News

Irish independent bookmaker BoyleSports has publicly ‘communicated its concerns’ to the UK Competitions & Markets Authority (CMA) regarding the sale of 359 retail betting shops as part of the pending Ladbrokes-Coral merger. The bookmaker was disappointed to have had its larger bid turned down by Ladbrokes and Coral governance in favour of a lower combined £55.5 million cash bid by …

Fibetco the operating company of BetOnFinance.com, has announced the appointment of Danske Spil Chief Executive Hans Christian Madsen (H.C. Madsen) to its board of directors. Madsen, who has announced his upcoming departure as leader of Danske Spil in March of this year, joins Fibetco as a governance advisor with the operator preparing for European expansion of its unique financial betting services. Having …

Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it will open a second office in Malta, situated in the town of St Julian’s (Maltese: San Ġiljan). The new office named the ‘Betsson E2 Hub’ will house approximately 300 employees acting as a support department for the operators growing European footprint. Confirming the office opening to SBC, Betsson …

The merger of Ladbrokes Plc and Gala Coral is almost good to go after the bookmakers revealed that 359 betting shops of its combined retail portfolio will be sold to Betfred (322 shops) and Stan James (37 ). The sale of the betting shops is conditional upon the approval of the UK Competition and Markets Authority (UK CMA) and will be …

Issuing an ‘Interim Management Statement’, FTSE-listed UK gambling operator Rank Group Plc (Rank) has reported that it expects to post ‘flat revenues’ revenues for its trading update for the 15-week period to 9 October. Ahead of its Annual General Meeting, Rank the operator of Grosvenor Casinos and Mecca Bingo halls reiterates its full-year target expectations. Publishing a brief trading update, …

Football, football, football. That is what appears to continue to be the marketing strategy of many bookmakers, potentially even more so in 2016. One EPL record was broken this season with 50% of clubs having their official shirt sponsor as a betting operator.  There is an argument to be had that this makes sense of course; more and more people …

London hedge fund Parvus Asset Management (Parvus) has publicly stated that it will not back the merger of William Hill and Amaya Inc, declaring that it sees ‘little strategic logic’ in the £5 billion ‘all-stock merger of equals’. Led by Danish financier Mads Eg Gensmann, Parvus is reported to be William Hill Plc’s largest investor owning approximately 14.3% of company shares. …

With its ‘2016 US Presidential Election’ market hitting £63 million in wagers Betfair has announced that Hillary Clinton has hit her lowest trading price of 1.18, giving the Democrat candidate an 85% chance of becoming the first US female president.   With just 24 days till the US hits its polls, Betfair revealed that Donald Trump currently trades at 7.0 giving …

eSports industry news source eSportsbettingreport.com has informed that Ladbrokes has ‘quietly dropped its eSports betting markets’. The news source points to a customer query with Ladbrokes support asking the bookmaker why no eSports markets were visible on its sports betting product. The bookmaker replied to the query stating that its eSports markets had been ‘taken away currently’, further noting that …

The government of New South Wales (NSW) has reversed its decision to ban greyhound racing, stating that the sport had ‘one last chance’ to prove itself against animal cruelty. The Australian greyhound racing industry has come under fire following a string of investigations which found overwhelming evidence of animal cruelty including mass killings and the use of live baits in …