Sporting Solutions has beaten off competition from a number of sportsbook suppliers, to provide Svenska Spel with its outsourced pricing services (OPS). The firm, which forms part of the Sporting Group, will see the partnership run for an initial year long period, with Svenska Spel holding the rights to exercise the option of a further year. Fredrik Wastenson, Vice President …
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The esports betting sector is set to gain a further new market entrant as Luckbox.com prepares to make its debut in 2018. The new esports betting platform is founded by former PokerStars employees Lars Lien (CEO) and Mike Stevens. Under development since 2016, Luckbox.com is a unique betting venture which to date has raised 483.5 Bitcoin (circa £5 million) from ‘strategic …
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Global markets are the target for BtoBet and Betsoft Gaming, following the signing of a new partnership between the two firms. Software providers BtoBet, winners of the Rising Star in Sports Betting Innovation at the 2017 SBC Awards, and iGaming developers Betsoft, detail that Europe, Africa and Latin America are the focus moving forward. Under the terms of the partnership …
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ICE London has secured a notable coup with confirmation that prominent British Economist, Sir Alan Budd will provide the key note ahead of the ICE Annual Regulators Luncheon. Sir Alan, who was a founding member of the Bank of England’s Monetary Policy Committee as well as a former senior economic adviser to HM Treasury and whose Gambling Review Report (2001) provided the …
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Britain’s financial watchdog has warned spread-betting firms of poor practices, following a review by the Financial Conduct Authority (FCA) related to the industry’s use of contracts for difference (CFD) A warning letter has stated consumers are “at serious risk of harm,” after finding that the majority of customers lost money through their trades. The regulator revealed that it found 76% …
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The British Horseracing Authority (BHA) has reacted positively to the appointment of Matt Hancock as Culture Secretary, in the cabinet reshuffle of Prime Minister Theresa May. Within the UK Parliament, the Department for Digital, Culture, Media and Sport are accountable for all gambling matters, including Horseracing. Speaking about the appointment, BHA Chairman Steve Harman stated: “We’re delighted with the appointment …
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In June 2017, Kenya’s president Uhuru Kenyatta signed into law a 35% tax on all gambling revenue from the country’s lotteries, betting operators, online sportsbooks, and similar. This rate is now one of the highest in the world, and is in addition to a 30% corporate tax operators must also pay. The new rate is a major increase from the …
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Betting on Football 2018, held at Stamford Bridge from 20-23 March, will demonstrate its international appeal by delivering updates around the biggest sports betting jurisdictions. Global Market Profiles, which takes place on the first full day of #bofcon2018 on Wednesday 21 March, is one of five main tracks at the event, which will feature a total of more than 40 …
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Heading up the SBC Sponsorship Forum at the upcoming Betting on Football Conference (20-23 March) is sports marketing and commercial veteran Jaap Kalma, who believes that sponsorship is now more important than ever for the betting industry and its wider stakeholders. Ahead of the event at Stamford Bridge, Kalma says that industry stakeholders have to understand new sponsorship values which are changing …
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BtoBet believes that building a strong and unique betting brand requires exclusivity of offers, and an identity that expresses special values. For BtoBet, this has been achieved through the adoption of technology which allows scalability and compliance with any jurisdiction and business model. The environment is constantly changing as technologies improve and companies battle against each other to win a …
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