Following this morning’s announcement that The Stars Group (TSG) is to be acquired by Flutter Entertainment, board members have emphasised their confidence that the mega-merger would gain the necessary regulatory approvals to go ahead. Confirmed in a conference call with both investors and industry analysts, Flutter chief executive Peter Jackson emphasised that he believed there should be no concerns regarding …
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Members of the Gaming Regulators’ European Forum (GREF) have confirmed the completion of a year-long study into the effects of microtransactions in video games, which has included the use of ‘loot boxes’. The members of the Forum, which includes gambling regulators from 19 countries, have chosen not to implement measures which would restrict such features, despite receiving specific recommendations to …
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Ahead of the release of the upcoming PACE Report, representatives from the Global Lottery Monitoring System (GLMS) have called for further ratifications of the Macolin Convention, in a bid to crack down on suspicious betting activity. Attending the October 1 Hearing of the Committee on Culture, Science, Education and Media of the Parliamentary Assembly of the Council of Europe in …
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Historic UK racecourse and greyhound track Towcester is due to close down after its owners have confirmed they will be selling its remaining fixtures to Arena Racing Company (ARC). The racecourse, which entered into administration in August of last year, was sold to Fermor Land LLP after a period of ‘trading difficulties.’ The British Horseracing Authority (BHA) has since confirmed …
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Let’s start with an obvious truth. Diversifying incomes has to follow both changes to technology and the evolution of customer demands. This is the only way that organisations, in any walk of life, can remain profitable by answering to the market’s needs. Now, unsurprisingly, sports leagues and organisations fall under the same rules. This has, naturally, forced a change in …
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Speaking at the recent Betting on Sports conference at Olympia London, Betcris Ambassador and snooker legend Ronnie O’Sullivan explained to SBC that working as a brand ambassador has helped him focus more on snooker. O’Sullivan, who took part in the specialist Sports Sponsorship seminar alongside BetCris CEO for the UK and Asia Hilly Erlich, was quizzed on what he thought …
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Brazil’s National Basketball League (LNB) has strengthened its fight against corruption after announcing a new partnership with Genius Sports. As part of the agreement, Genius Sports has been appointed to launch a major new integrity and live data strategy for the tournament. The deal grows Genius Sports already expansive portfolio of partners, which includes the NBA, FIBA, Euroleague Basketball, the NCAA, English Premier League and the German Football …
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Bulgarian sportsbook Efbet is investing BGN25m a year into Bulgarian sports according to one of the founders of the company Tsvetomir Naydenov. The sportsbook currently sponsors CSKA 1948 of the Bulgarian second division whilst also sponsoring a host of top flight Bulgarian teams and the country’s First Professional Football League. As well as being greatly involved within Bulgaria’s football competition, efbet …
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In the latest mega-merger to hit the gambling industry, The Stars Group (TSG) is to be acquired by Flutter Entertainment, operator of Betfair, FanDuel and Paddy Power via an all-share combination. Immediately following completion of the Combination, Flutter Shareholders would own approximately 54.64 per cent and TSG Shareholders would own approximately 45.36 per cent of the share capital of the Combined Group. …
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Stats Perform has demonstrated its commitment to both French and Turkish football after extending its current partnership with host broadcaster, BeIN, to broadcast matches from the French Ligue de Football Professionnel (LFP) and the Turkish Football Federation (TFF). As part of the partnership extension, Stats Perform has struck a five-year deal with the LFP for the rights to global betting …
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