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BetConstruct takes next strategic step through Swedish licence

virtual sports - 01.06.2020, Schleswig, the Swedish flag with the yellow Scandinavian cross on a blue background, illuminated by the sun against a blue sky and blowing in the wind. | usage worldwide

BetConstruct has been awarded an online gambling and betting licence for its sportsbook and casino products by the Swedish Gambling Authority (SGA), or Spelinspektionen. The new licence, granted to the firm’s B2C subsidiary Vivaro Limited, allows BetConstruct to operate in Sweden – where 97 companies now have active licences. It covers sports betting and online gaming via the Vbet and …

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Betgenius: Spare change… how will the increase to five subs affect football trading?

SBC News Betgenius: Spare change... how will the increase to five subs affect football trading?

Betgenius Head of Trading Dmitri Agapov weighs up what the new International Football Association Board (IFAB) ruling allowing teams five substitutions means for sportsbook trading teams… When the Premier League, La Liga and Serie A get back underway, empty stadiums and socially distanced benches are not the only changes for fans and teams alike to get used to. Under a new …

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Tabcorp secures debt interest amnesty for 2020  

tabcorp

Tabcorp Holdings has reached an agreement with its US debt holders which will allow the ASX gambling group to defer payments on its debt covenants.  Last month, Tabcorp communicated that it had entered negotiations with US debt holders to obtain new ‘covenant terms’ on its corporate debt tranche of AUS $2.1 billion, maximising financial flexibility as it looks to navigate …

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GVC secures its Blue Chip status re-listing on FTSE100

SBC News GVC secures its Blue Chip status re-listing on FTSE100

GVC Holdings has completed a further leadership objective having been re-admitted onto the FTSE100 index, bolstering its status as a London blue-chip stock. On Wednesday, the FTSE Russell published its top 100-to-250 index report having reviewed all quarterly trading statements sanctioned by listed companies. The FTSE announced the inclusion of GVC Holdings, AVAST (IT security), Homeserve (emergency repairs) and Kingfisher (home retail) …

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Interwetten extends sponsorship for two Bundesliga Clubs

SBC News Interwetten extends sponsorship for two Bundesliga Clubs

DACH bookmaker Interwetten has extended its sponsorship agreement with German Bundesliga clubs TSG Hoffenheim and Vfl Wolfsburg, with the partnerships due to last until June 2023. The betting operator has worked alongside TSG Hoffenheim since 2017, having helped develop a number of advertising and marketing campaigns, including the development of a social media activation which allowed fans to win a …

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SportCaller backs Tote Ten to Follow as Flat season returns

SBC News SportCaller backs Tote Ten to Follow as Flat season returns

Free-to-play (FTP) sports-game specialist SportCaller has extended its partnership with the UK Tote Group with the return of the Tote Ten to Follow. SportCaller has committed to delivering a suite of new features which is expected to drive reliable engagement throughout the course of the competition, which will run from 16 June to 17 October. Cillian Barry, SportCaller MD, said: …

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SBC Magazine Issue 9: Esports future, online shift and Brazil betting soap opera

SBC Magazine

The future for esports betting, the regulatory soap opera in Brazil, a new COO for LeoVegas and how online gaming can drive the industry’s comeback are just some of the key topics in Issue 9 of SBC Magazine. Available to view online HERE, we start by analysing Sergey Portnov’s “calculated risk” approach to Parimatch leadership, before reflecting on how Carsten Koerl …

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David Clifton: Licensing Expert – Puzzle upon puzzle marks the path ahead

SBC News David Clifton: Licensing Expert – Puzzle upon puzzle marks the path ahead

UK gambling regulatory developments during the last month or so have led many to query the reason behind the Gambling Commission’s decision to publish (on 12th May) additional customer interaction guidance for remote operators. What some have found puzzling is not only the range of topics covered in that additional guidance but also its prescriptive nature, particularly bearing in mind …

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Low6 targets millennials with PDC Picks

SBC News Low6 targets millennials with PDC Picks

Pool betting app supplier Low6 hopes to boost engagement with millennial punters through the launch of its PDC Picks for the PDC Low6 Home Tour Playoffs. The app, which will be powered using data from Abelson Info, will give users the opportunity to watch and engage with their favourite darts players throughout the tournament. Josh Turk, CMO of Low6 and …

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