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Flutter elevates racing commitment with new commercial rights deal

SBC News Flutter elevates racing commitment with new commercial rights deal

Flutter Entertainment has significantly elevated its racing offering by announcing a new deal with Arena Racing Company (ARC), The Racing Partnership (TRP) and At The Races (ATR). The lucrative multi-year rights deal will strengthen all elements of Flutter’s global racing business including UK retail and online, as well as its operations in the US and Australia. Peter Jackson, CEO of Flutter …

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Kambi halts shares after 30% stock plunge

SBC News Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

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SBC’s Year In Review: July’s big betting news

SBC News SBC’s Year In Review: July's big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This seventh edition looks at July and more specifically at the Kenyan market, the product journey of BetBlocker, Brazil’s sports betting potential and Regulus Partners’ review of UK betting consequences. Winning Post – Kenya bringing …

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SBC’s Year In Review: May’s big betting news

SBC News SBC’s Year In Review: May's big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This fifth edition looks at May and more specifically at key improvements needed in horseracing, the mobile betting preference of customers, 1xBet’s entry into the US market and Golden Race’s African success.  HBF survey highlights …

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UKGC launches consultation on society lottery reform

SBC News UKGC launches consultation on society lottery reform

The UK Gambling Commission has launched a new public consultation which will consider the current regulatory requirements in place for society lotteries to ensure that issues related to the fair and open licensing objective, regarding transparency to consumers, are addressed. The consultation, which was launched on 19 December and will run until 12 March 2020, will make proposals to strengthen …

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SBC’s Year In Review: April 2019’s big betting news

SBC News SBC’s Year In Review: April 2019's big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world. This fourth edition looks at April and more specifically at horseracing’s shortcomings, Sportradar’s Brazilian preparation, how gambling companies can do more than just support a club’s performance on the pitch and the challenges faced in …

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GiG lists SEK 400m bond on Stockholm Nasdaq

SBC News GiG lists SEK 400m bond on Stockholm Nasdaq

The governance of Stockholm-listed Gaming Innovation Group (GiG) has confirmed that it has secured the right to float a new SEK 400 million (€40m) bond placement with interest repayments due for  2022. Issuing a corporate filing, GiG governance details that it will begin trading its new bond arrangement on the Stockholm Nasdaq Exchange on 27 December 2019. GiG’s transaction has …

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