bet365 has strengthened its presence across the US market after securing a 10-year agreement with Century Casinos. The finalised partnership, undertaken through a subsidiary and having already obtained its master license with The Centennial State, will see bet365 become the casino’s second internet sports betting operator partner in Colorado. The Stoke-based gambling company will operate both an internet and mobile …
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FansUnite accelerates wagering ambitions by acquiring McBookie for $2m
Scottish bookmaker McBookie (McBookie.com) has confirmed the sale of its business to Canadian sports-tech group, FansUnite Entertainment Inc. McBookie Managing Director Paul Petrie confirmed that a $2.2 million agreement had been reached with Vancouver-based FansUnite, which listed on the Canadian Securities Exchange earlier this month in a bid to expand its sports wagering capacity. Launched in 2009 by former Tote …
Read More »Paris tracks face second shutdown as government changes coronavirus policy
The French government has withdrawn its approval to allow racing to resume in areas still affected by the coronavirus outbreak, resulting in a suspension of racing at tracks including ParisLongchamp, Auteuil and Saint-Cloud. To mitigate the impact of COVID-19, the French government has recently classified different areas of the country into red and green zones – red being assigned to …
Read More »Playtech trades with confidence to mitigate first stage COVID-19 impacts
Playtech Plc corporate performance remains in-line with expectations despite its business units trading in unprecedented circumstances. Playtech explained that its performance is currently tracking better than the company had anticipated in publishing its mid-March COVID-19 update. Publishing a snapshot of key metrics, Playtech detailed a ‘strong Q1 2020 period’, in which the FTSE technology group delivered an adjusted EBITDA of …
Read More »Home struggles support higher odds as Bundesliga returns
There were higher odds than normal for the home teams as the Bundesliga season resumed in Germany, a trend likely to be reinforced after just one of the teams went on to win. That was a key finding from this month’s Better Collective Spotlight, for which one of the igaming affiliate’s flagship products in German speaking markets, Wettbasis, provided its …
Read More »Germany moves forward by presenting unloved framework to EU courts
Seeking to relaunch its gambling marketplace on 1 July 2021, Germany has submitted the revised framework of its Fourth Edition of the ‘State Treaty on Gambling’ to the European Union. Despite numerous revisions, the framework has yet to be ratified by the nation’s 16 federal Länder (states). The make-up of the treaty continues to be debated by regional MPs at …
Read More »IBIA and TIU call for increased due diligence as live sport returns
The International Betting Integrity Association (IBIA) and the Tennis Integrity Unit (TIU) have reiterated the need for betting and sports stakeholders to exercise increased due diligence in the facilitation of betting markets during the coronavirus pandemic. Publishing correspondence between the two, it was emphasised that a ‘risk-based approach’ would be taken to ensure that integrity is maintained in the sport. …
Read More »BHA adds further ‘preparatory steps’ for June reopening
The British Horseracing Authority (BHA) has confirmed that from 1 June, it will be compulsory for all trainers to declare runners 72 hours prior to the race. The announcement comes as the racing body ramps up its plans for a 1 June resumption that is in line with the UK Government’s provisional timetable for the return of sport behind closed …
Read More »SBC to host first dedicated virtual event for Latin America
SBC Events, the organiser of leading sports betting and gaming industry conferences, is to host its first ever event dedicated to Latin America. SBC Digital Summit Latinoamérica, taking place on 16-17 June, will be a virtual conference bringing together 2,000 delegates and 60 speakers to discuss the key challenges and opportunities in the region. The tri-lingual conference will feature panel …
Read More »Tabcorp cancels 2020 dividend as part of new debt arrangement
Tabcorp Holdings has informed investors that the company will sanction no dividend in relation to financial-year 2020 trading. The firm has been forced to terminate the 2020 dividend (fiscal year ending 30 June) as part of its agreed terms with bank lenders, allowing the ASX betting group to waiver approximately AUS $2.2 billion (€1.3bn) of debt covenants until 2021. Updating …
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