Featured News

News that the SBC Team choose to highlight

BBC airs “Britain at the Bookies” tonight featuring Coral Huddersfield bookmaker

SBC News BBC airs "Britain at the Bookies” tonight featuring Coral Huddersfield bookmaker

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 …

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Ladbrokes Australia drops ‘QuickCall’ service

SBC News Ladbrokes Australia drops 'QuickCall' service

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 …

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Betsson announces record quarter performance as Magnus Silfverberg departs as CEO

SBC News Betsson announces record quarter performance as Magnus Silfverberg departs as CEO

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 …

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888 takes lead in the battle for £898.3m bwin.party

SBC News 888 takes lead in the battle for £898.3m bwin.party

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, …

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Bookmakers slash odds on Jeremy Corbyn winning Labour leadership

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 …

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Brazil approves draft legislation for licensed sports betting

SBC News Brazil approves draft legislation for licensed sports betting

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 …

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32Red acquires Roxy Palace for £8.2 million cash & shares

SBC News 32Red acquires Roxy Palace for £8.2 million cash & shares

The igaming sector reports another corporate acquisition as Gibraltar operator 32Red confirms that it has acquired online casino Roxy Palace for £8.2 million in a cash and shares deals from Hyperlink Media Ltd and Applied Logics Ltd. 32Red governance confirmed that it would pay £2 million cash for the acquisition of Roxy Palace operations, with a further 10 million shares issued …

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Alderney Court shuts down 666Bet

SBC News Alderney Court shuts down 666Bet

The UK Gambling Commission has informed the public that embattled sports betting operator 666Bet has been compulsorily wound up by its holding company Metro Play Limited. The company had been served an Alderney Court Order on 2 July forcing it to close its remaining operations and begin the liquidation of existing assets. The Alderney Court has informed that KPMG Channel …

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Smarkets estimates £6 million profit for its 2015 performance

SBC News Smarkets estimates £6 million profit for its 2015 performance

Online betting exchange Smarkets has announced that it has doubled profits for the first two quarters of 2015. Following a successful opening to 2015, Smarkets management estimates it will record £6 million in pre-tax profits for its 2015 performance The betting exchange stated that growth had been driven a substantial increase in its trading volume, which had seen its number …

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