Trustly hopes to celebrate 10 years in the online payments industry by winning the SBC Global Championship, after its two teams were kept apart in yesterday’s live draw. The draw for next week’s competition at Stamford Bridge (22 May) was made by ‘Trustly Avengers’ captain (or Trustly Gaming Director) Samuel Barrett and Chelsea legend Graeme Le Saux, who will be …
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Paddy Power Betfair appoints legal leads for FanDuel buyout
FTSE100 betting group Paddy Power Betfair (PPB), has confirmed the appointment of London law firm Freshfields Bruckhaus Deringer as its lead legal advisor in its pursuit of US-facing DFS operator FanDuel. This week PPB governance confirmed industry rumours that the company was seeking to acquire New York-based DFS operator FanDuel, following the Supreme Court’s repeal of PASPA’s federal mandate. The …
Read More »Fred Done backs Adzooma ‘all-scale’ advertising platform
Betfred founder Fred Done has backed ‘all-scale’ digital advertising platform Adzooma, an enterprise which seeks to deliver the quickest and simplest route to advertising online. Done and Betfred group marketing subsidiary ActiveWin Media, have become angel investors in the Nottingham-based venture. Founded in 2015 by Robert Wass and Dave Sharpe, Adzooma has developed an automated advertising platform designed to service …
Read More »SBC and CasinoBeats announce Isle of Man social event
As the opening match of the World Cup kicks off on 14th June, SBC Global is inviting the Isle of Man online gaming community to an early evening of drinks, nibbles and networking in the heart of Douglas. Held at The Railway, on North Quay, the SBC Isle of Man Social is an opportunity for some casual networking for the …
Read More »Jeevan Jeyaratnam – Abelson Info: Understanding the evolution of trading
For betting operators, the intricacies of trading will continue to provide a unique challenge as they look to utilise data and physical trading to provide the perfect pricing environment. Head of Compilation at Abelson Info, Jeevan Jeyaratnam detailed why physical traders still play a crucial role for betting operators, as well as analysing how Asian markets play a role in …
Read More »Paddy Power Betfair stands by FOBTs judgement
The governance of FTSE100 betting group Paddy Power Betfair Plc (PPB) has restated its support of the government’s £2 cut on FOBTs machine wagering. Issuing a corporate update, following yesterday’s DCMS triennial review judgement, PPB governance stated that the drastic FOBTs cut would not change the firm’s UK retail strategy. Updating the market, PPB estimates a 33-43% decline in total machine …
Read More »US offers UK bookies solace after FOBT blow
As the decision was made by the US Supreme Court to overturn PASPA, no sooner had British operators commenced celebrating, than they upped the ante on their plans to tap into the US market. The incentive to break the US market will have only been enhanced by the government’s decision to reduce the maximum stake of FOBTs to just £2, …
Read More »Nikos Konstakis appointed as SG Digital’s VP of Sportsbook Product
Scientific Games Corporation has strengthened the senior management team of SG Digital with the appointment of Nikos Konstakis as its new Vice President of Sportsbook Product. Konstakis will be responsible for overseeing OpenBet’s product development roadmap and delivering and enhancing its sportsbook proposition for its customers following the Supreme Court’s overturning of PASPA. Konstakis has a wealth of industry …
Read More »Kambi and Rush Street Interactive reach sportsbook agreement
Kambi has signed a multi-year deal to provide its sportsbook and innovative technology to Rush Street Interactive, following the decision by the United States Supreme Court to fully repeal the country’s federal sports betting ban. Launching within selected states where permitted, the deal covers the provision of online and retail services, in addition to stretching to markets outside of the …
Read More »Lars Kollind lands newly-created B2B role at Global Gaming
With the aim of spearheading the organisation’s future B2B offering and bolstering its growth objectives, Lars Kollind has been appointed to the newly created role of Head of B2B at Global Gaming. Kollind, who will be based at Global Gaming’s Malta Office in Sliema, previously enjoyed a successful career as Sales Director for B2B at Aspire Global and joins during …
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