Snooker’s UK Championship is to remain part of the Betway portfolio of sponsorship’s, after the global online gaming company agreed a fresh three-year deal. Forming part of the sports Triple Crown, alongside the Masters and World Championship, this latest partnerships continues the initial two year £850,000 deal agreed two years ago. Barry Hearn, World Snooker Chairman, said: “We are delighted …
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ACCC will not stand in way of Tabcorp-Tatts merger
The Australian Competition and Consumer Commission (ACCC) has detailed that it will not challenge the Australian Competition Tribunal’s (ACT) decision to approve the AUS $11 billion merger of Tabcorp Holdings and Tatts Group. Issuing a short market update, ACCC still believes that the Tabcorp-Tatts combination will impact industry competition within Australia’s gaming and betting markets. Nevertheless, ACCC governance will not challenge …
Read More »Chris Grove – Three questions that will determine the size of the regulated U.S. betting market
Next week the US Supreme Court will hear oral arguments put forward by New Jersey officials to repeal federal PASPA provisions. US gambling expert Chris Grove a Managing Director of Eilers & Krejcik Gaming details three contentious issues that have to be addressed by US betting stakeholders… _________________ The issue of sports betting in the United States has been a …
Read More »Suren Khachatryan – Digitain – World Cup expansion and beyond
Multi-channel sports betting platform and technology provider Digitain has enjoyed a successful 2017, expanding into a number of new markets in addition to strengthening its sportsbook offering. With 2017 quickly drawing to a close however, Suren Khachatryan, CEO of the Armenian based firm, who are set to appear at both Betting on Football and Betting on Sports in 2018, has …
Read More »Lottoland Nigel Birrell slams DCMS for ‘judgement with no evidence’ on EuroMillions betting
Nigel Birrell, the Chief Executive of online lottery operator Lottoland, has slammed the UK government’s decision to ban betting on non-UK EuroMillions’ games. “We believe that today’s decision is unjustified, and sets a dangerous precedent for policy-making on the basis of no evidence,” he said. “It will do nothing but stifle innovation in the sector.” Yesterday, remote lottery operators were …
Read More »New Gambling Commission stats reveal “very bad news” for betting shops
The Association of British Bookmakers (ABB) has expressed that the latest statistics from the Gambling Commission display “very bad news” for the future of British betting shops. The Gambling Commission revealed that there are now 8,502 betting shops in the UK, a fall of almost 4% within the last six months and a number that represents a continual decline in betting …
Read More »In-race data a British Racing first at Wolverhampton
This week fixtures at Wolverhampton Racecourses became the first in British Racing to have sectional timing and in-race data shown on screen by At The Races. It means that viewers of At The Races are now able to see, in real time, a wealth of new information on the screen which includes, the speed of the leading horse, the time …
Read More »The Stars Group sells entire stake in Jackpotjoy Plc for £45 million
Toronto TSX online gambling firm The Stars Group has moved to sell its entire stake in London-listed Jackpotjoy Plc. Issuing a market update, Stars Group has detailed that it has sold 5.6 million shares (7.5% shareholding) at a target price of 802p per share, netting gross proceeds of £45 million. The transaction was carried out by Stars Group through subsidiary …
Read More »UK DCMS bans third party betting on EuroMillions’ games
The UK government has moved to ban all third party bets on the outcome of EuroMillions lottery draws. Issuing a market update this morning, the UK Department for Digital, Culture, Media & Sport (DCMS) states that it undertakes it decision following an industry consultation launched back in March 2017. DCMS will introduce new licencing provisions, which will ban UK consumers …
Read More »Aristocrat ups Social portfolio acquiring $990 million Big Fish Games from Churchill Downs
Australia ASX100 gambling technology supplier Aristocrat Gaming has strengthened its position within the social gaming sector, acquiring Seattle-based Big Fish Games from US racing operator Churchill Downs for a reported $990 million (£735 million) cash transaction. The acquisition sees Aristocrat expand its Social Gaming portfolio, having acquired Israeli games studio Plarium Gold last August for $500 million. Updating investors, Trevor …
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