US professional sports will come to the state of Nevada as the NHL granted approval for Las Vegas to launch a new expansion franchise aiming to join its league by the 2017/18 season. The NHL Las Vegas franchise proposition received unanimous approval from a review conducted by its Board of Governors greenlighting the project for a Nevada-based franchise. NHL …
Read More »Featured News
UK Bookmakers – EU Referendum breaks all political betting records
British bookmakers have declared the EU Referendum to be the largest political betting market of all time as wagers pass the £100 million mark. This morning Ladbrokes stated that its ‘EU Referendum’ market had become its biggest non-sporting event of all time, beating the previous record held by last year’s UK General Election. William Hill declared that its customers had …
Read More »Gambling framework inconsistencies sees South Australia implement ‘POC’ tax
Presenting new budget plans, the South Australia state treasury is set to introduce a ‘place of consumption’ (POC) tax for all licensed gambling operator services regardless of Australian jurisdiction. Updating the media, SA treasurer Tom Koutsantonis detailed that the budget measure expects to generate approximately AUS $9.2 million a year from betting operators targeting SA consumers. The SA POC …
Read More »Man Utd and The Hong Kong Jockey Club extend partnership
Manchester United have confirmed the extension of one of its commercial partnerships, and fortunately this one doesn’t involve Wayne Rooney trying to act. The club has had a partnership with The Hong Kong Jockey Club since 2012 and it has been announced that will continue for at least another four years. As a part of the new deal Manchester United’s renowned …
Read More »Formula E has an esports eye on Las Vegas
The second season of the FIA Formula E championship, the world’s first all electric motor racing series, has just two races left this campaign with the Renault e.Dams team currently occupying top spot. Formula E has fully embraced esports with open arms this year and back in Easter a deal between it, the ESL and Microsoft’s Turn 10 Studios has seen …
Read More »Kate Lampard CBE new Chair of RGT Trustee Board
Industry charity the Responsible Gambling Trust (RGT), a UK organisation committed to minimising gambling-related harm and raising operator consumer safety standards and practices has announced Kate Lampard CBE as its new Chair of the Board of Trustees with immediate effect. Lampard a former barrister and senior executive of the National Health Service replaces Neil Goulden as Chair of the RGT …
Read More »Caesars Entertainment secures new restructuring terms with majority debt holders
Updating the market Caesars Entertainment Corporation (CEC) has announced that it has agreed on terms with creditors to amend restructuring agreements for its bankrupt operating division ‘Caesars Entertainment Operating Co’ (COEC). Issuing a filing with the Securities and Exchange Commission, CEC governance declared that it had reached an agreement with first lien creditors representing approximately two-thirds of aggregated COEC debt. …
Read More »Davide Coppola – Vindicta Games – The world’s first football betting simulation
Vindicta Games’ Sim Betting Football went live on the Google Play Store last week with an iOS version expected in July. SBC spoke to founder Davide Coppola about the launch and development of the world’s first ‘football betting simulation’ and his aim for it to become part of the burgeoning virtual sports offerings by bookmakers. SBC: Currently the game is …
Read More »GamCrowd innovation – Blockchain a real game changer for gambling industry
Detailing insight on how future technology applications will impact the industry’s operational value chain. GamCrowd’s first ever innovation-focused event (hosted in association with London Technology Week) debated the potential game-changing effect of blockchain on industry processes. Moderated by Director of Chain-Finance Hans Lombardo, the panel of Eddy Travia, CEO of Coinsilium, Adam Vaziri Partner at Diacle and Founder of Oshi Casino Nick …
Read More »Unibet’s Ed Nicholson on Brexit betting fluctuations
The EU Referendum is tomorrow and whilst Remain remains the strong favourite across bookmakers, the odds have fluctuated somewhat wildly since the Leave and Remain campaigns began their work to convince the voting public that their opinion is the right one. There have been some sizable bets placed on the event on both sides, and William Hill stated that it expected …
Read More »