The idea that three England cricketers spot-fixed a test match in India 18 months ago has been described as “outrageous” by Head Coach Trevor Bayliss and captain Joe Root. Doha broadcaster Al Jazeera has alleged that Bayliss’ side deliberately batted defensively for a short passage of the fifth test against India, which took place in Chennai in December 2016. According …
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Odds slashed on Las Vegas Golden Knights landing Stanley Cup
The newly formed Vegas Golden Knights have gone from last to first in the betting across the season and are now one series away from the most unlikely of Stanley Cup victories. Many American sports teams go through long droughts before they achieve success, with the Chicago Cubs enduring 108 years before breaking their streak, this could be the reason …
Read More »GVC may face battle to pass pay deals at AGM
The Board at GVC may face a battle to pass two resolutions at its AGM next week regarding executive pay after shareholders were advised to vote against the proposals. GVC, which operates the betting brands Ladbrokes, Coral & bwin, intends to award CEO Kenny Alexander and chairman Larry Feldman huge share option packages, worth £45m and £22.5m respectively since 2016. While …
Read More »Worldpay notes 18% spike in Champions League final betting
Online bookies are on track for a bumper week’s trading, as excitement builds in the run-up to this year’s UEFA Champions League final between Liverpool and Real Madrid, according to payment processing company Worldpay. The firm’s analysis of gambling data from last year’s showdown between Real Madrid and Juventus revealed an 18% spike in online gambling activity compared to an average …
Read More »Profitable Paf provides €18 million to the Åland community
Paf has made a significant contribution to the Åland community after allocating €18 million of its 2017 revenues to the Finnish province’s regional government. The gaming company’s annual turnover reached €116.5 million for the full-year, up 2.6% year on year (YOY) from €113.5 million in the corresponding 2016 period. This increased turnover led to the firm posting an operating profit …
Read More »FOBT reduction will knock £160m off EBITDA by 2020, says GVC
Multinational sports betting and gaming group GVC Holdings has anticipated that the slashing of FOBT maximum stakes from £100 to £2 will see the firm’s Group EBITDA fall by £160 million by the end of 2019. Disclosing the news in its trading update for the first 20 weeks of the year, GVC also expects a drop of £120 million in …
Read More »Adthena lauds Unibet’s Cheltenham search performance success
Unibet was crowned search performance winner at Cheltenham 2018, pipping bet365 with a stunning final day showing supplemented by top ad positions throughout the festival and a frequency that was dialled up at key moments around the week’s biggest races. That’s according to data collected by Adthena, who determined Unibet as the overall winner both in terms of search performance and …
Read More »DAREBS: The solution to recovering FOBT losses?
The onus has been put on betting shop operators to replace the inevitable dip in revenues caused by the slashing of maximum stakes to £2 on fixed odds betting terminals and the now, effectively defunct, B2 profile. Pavel Korolev, Business Development Director at InBet Games, believes his firm has a product that could help stem the flow. “Fifteen years of …
Read More »Comcast’s Brian Roberts eyes explosive takeover of 21st Century Fox
Brain L Roberts the Chairman and Chief Executive of US telecoms and media giant Comcast has made a power play move for 21st Century Fox assets, challenging the agreed $52 billion deal between Rupert Murdoch and Walt Disney Co. Valued at $200 billion, Comcast the US’ largest cable operator and internet services provider is set to propose an alternative ‘all …
Read More »Flexible Kambi platform drives major UI upgrade on LeoVegas
LeoVegas has overhauled the user interface (UI) on its sportsbook by using a new open API from Kambi, the operator’s sports betting supplier since its June 2016 launch. Kambi’s open APIs enable its customers to build on top of the sportsbook platform, affording them the key ability to innovate and differentiate in the market. LeoVegas has taken this “unique opportunity” …
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