Featured News

News that the SBC Team choose to highlight

Gaming Innovation Group acquires Betit Holdings for €54 million

SBC News Gaming Innovation Group acquires Betit Holdings for €54 million

Updating the market, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a binding agreement to acquire Scandinavian online gambling operator Betit Holdings (Betit) in a deal valued at €54 million. Signing a ‘letter of intent’, GIG is set to issue 153 million new shares in order to inherit Betit assets. Furthermore, industry venture financier Optimizer Invest, a leading …

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Deutsche Telekom terminates betting subsidiary TIPP3

SBC News Deutsche Telekom terminates betting subsidiary TIPP3

Just one year after launching its German sports betting enterprise TIPP3 (Tipp3.de) European telecommunications giant Deutsche Telekom has terminated its subsidiary, following reports of significant underperformance. In April 2015, Deutsche Telekom governance announced that it had entered the German sports betting market, acquiring a majority 64% stake in Tipp.de Sportwetten GmbH owned by Deutsche Sportwetten, who would continue to manage …

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Olli Sarekoski takes leadership of merged Veikkaus enterprise

SBC News Olli Sarekoski takes leadership of merged Veikkaus enterprise

Finland’s Economic Committee has announced the appointment of Olli Sarekoski as new Chief Executive of state-owned gambling enterprise Veikkaus. This month the committee had informed that state-owned gambling assets RAY, Fintoto and Veikkaus would operate under the principal brand of ‘Veikkaus’, following 2015s decision to merge all enterprises under a single entity. Promoted to CEO of Veikkaus, Sarekoski has held numerous executive positions …

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Schalke adds to its esports roster with FIFA pros

SBC News Schalke adds to its esports roster with FIFA pros

Schalke 04 entered esports by way of League of Legends team Legends last month, and the latest news is that the club has signed three pro FIFA players.  The three players are former world champion Joshua ‘Krone’ Begehr, Austrian Mario Viska and Cihan Yasarlar, who was previously playing for SK Gaming. Begehr said of the news: “Being able to realise a project of …

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CSGO player opens lawsuit against Valve over ‘illegal gambling’

SBC News CSGO player opens lawsuit against Valve over 'illegal gambling'

The company behind Counter-Strike: Global Offensive, Valve, has been accused by a player of allowing and facilitating illegal wagering on the game. There are numerous sites in which players can trade and wager skins, that is in-game items, which are worth substantial amounts of money. Sites such as CSGO Lounge, CSGO skins, and CSGO Diamonds allow this trading and Valve …

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Next England Manager Odds Assessment

SBC News Next England Manager Odds Assessment

After Roy Hodgson did the honourable thing and stepped down after England’s humiliating exit at the hands of Iceland, a country with a smaller population than that of Bristol, the hunt now begins for his replacement. The assumption amongst the bookmakers seems to be that Hodgson’s successor will be English. At the time of writing the Oddschecker roundup of odds from …

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Sportsbook trading & currency impacts see Betsson AB issue Q2 profit warning

SBC News Sportsbook trading & currency impacts see Betsson AB issue Q2 profit warning

Issuing a preliminary Q2 2016 trading update Stockholm-listed online betting operator Betsson AB has detailed that its corporate performance has been impacted by lower sportsbook revenues and continued exchange rate fluctuations. Updating investors ahead of its full Q2 2016 performance breakdown, Betsson governance detailed that it expected to post group revenues between SEK 920–945 million, with the company targeting a …

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Francesco Cesarini – Erlang Solutions – Operators must embrace change

SBC News Francesco Cesarini - Erlang Solutions - Operators must embrace change

Francesco Cesarini is the Founder and Technical Director of Erlang Solutions, a specialist technology consultancy that has worked with companies as varied as bet365 and Whatsapp.  Here he delivers his views on betting trends on this year’s European Championships and the necessity for sports betting operators to be open minded to the idea of adopting new technologies.  This year’s Euro competition could …

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