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European sports betting operator Betsson AB, has confirmed is acquisition of Georgia licensed betting operator Europe-Bet for a purchase price of $50 million (£31 million). Detailing the acquisitions final terms, Betsson AB will pay Europe-Bet holding company Chempionebi an additional sum of $35 million upon completion of one year under its management, provided that Georgian gambling regulations remain unchanged. Should …

US sports network ESPN has disclosed that the Department of Justice and the NFL in legal documents have considered, sports betting to be a ‘game of skill’. The definition used by both parties may become a vital distinction in the progress of legalised sports betting within the US. ESPN, North America’s biggest sports broadcaster, discovered the documents by searching public …

Beginning legal action over the infringement of his image rights by Paddy Power, Former Republic of Ireland and Manchester United captain Roy Keane has labelled the Paddy Power ‘Braveheart’ billboard advert (pictured) as “crude and offensive”. The infringement case put forward by Keane has been admitted to Ireland’s Commercial High Court, who will pass judgement on the matter in November. …

PokerStars appears to be gearing up for the launch of its US daily fantasy sports (DFS) product in time for September’s start of a new NFL Season. Last week the Amaya Inc owned poker brand contacted former US players to participate in a DFS survey as it tried to gather market information. At present the operator has not outlined any …

Coral has been made the subject of a BBC three part documentary named “Britain at the Bookies”. The documentary will air tonight on BBC One at 21:00, and will focus on the daily trials and tribulations faced by staff of a Coral betting shop in Huddersfield in West Yorkshire. The bookmaker agreed to the filming of the BBC documentary in …

Ladbrokes Australia will no longer run its ‘QuickCall’ feature as pressure mounts on UK operators to withdraw in-play betting services following ongoing investigations from the Australian Communications & Media Authority (ACMA) and the Federal Police into breaches of gambling laws. Ladbrokes Australia, one of the three UK bookmakers (along with William Hill and bet365) to offer the controversial service has …

European igaming group Betsson AB continues its year-on-year expansion recording its highest revenue quarter performance ever. Reporting on Q2 2015 revenues the operator recorded a 14 uplift to SEK 860 million (£64.5 million) up from Q2 2014 SEK 752 million. The Stockholm listed operator would announce growth on all core metrics, as the company recorded a net income of SEK …

888 Holdings has trumped rival bidder GVC Holdings by agreeing a deal to buy fellow operator bwin.party for £898.3m. The deal was announced to the stock market this morning. It’s a huge achievement for the casino operator, given that before the announcement 888 had a market capitalisation of approximately £570.8m. 888 believes that the deal will provide significantly enhanced scale, …

UK political betting markets have slashed the odds of far-left candidate Jeremy Corbyn becoming the next Labour Party leader. This week political magazine the New Statesman noted that polling by two independent agencies placed the party veteran at the head of the leadership race. Corbyn MP for Islington North has emerged as a surprise candidate for UK bookmakers, when the …

Brazil’s Senate has progressed draft legislation 671-2015 which will look to introduce regulatory provisions and a national framework for fixed odds sports betting. Current Brazilian gambling legislation allows for wagering on land based lottery, bingo and licensed horse racing events. Brazilian media sources have commented that the draft legislation was progressed due to the Senate’s raising concerns regarding the popularity …