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Presenting its Q3 2017 trading update (period ending 30 September), London-listed betting systems provider, Sportech Plc has detailed a strong continued momentum for its operations and services, as the company prepares to review initial bids for its outright sale. Driven by the growth of its ‘Racing & Digital’ division and international venue assets, Sportech would record a Q3 2017 group …

Gala Interactive is to pay a £2.3m penalty package for breaching regulations which protect consumers, a Gambling Commission investigation has revealed. The action relates to two ‘VIP’ customers, who displayed problem gambling behaviour in wagering £1.3m of stolen money. Customer A lost £837,545 in a 14 month period, during which time he placed 842,020 bets, depositing almost £49,000 on one day …

A crowd of 100,000 people are expected to descend on Flemington Racecourse on Tuesday for the 2017 Melbourne Cup. ‘The race that stops a nation’ is the most prosperous handicap race in the world, with prize money of $6.2m available this year, and a rich history dating back over 150 years. Ahead of the race, at 4am tomorrow (Tuesday 7th November) …

Australian sports betting industry stakeholders are gearing up for a market breaking ‘half-a-billion’ Melbourne Cup Carnival week (4-11 November). Flemington Racetrack is certain of sell-out crowds each day, as its showpiece Carnival takes over Australian sports commentary, context and debate. Carnival week is ‘make-or-break’ territory for Australian bookmakers. Last year it was reported that Australian betting giant Tabcorp, had signed-up …

Belgium market online gambling affiliates have been warned that they may become the next targets of the governments new stricter advertising code on gambling services. Last October, the Belgian Chamber of Representatives (De Kamer) approved a mandate for a new advertising standards code focusing primarily on gambling promotional standards. The new code is set to introduce an outright ‘all-vertical ’ban …

Czech news sources have reported that The Stars Group online betting subsidiary BetStars, will become the first international betting operator to service the newly regulated Czech Republic online gambling market. Last week, Czech news sources reported that the Czech Finance Ministry had published details of approved licensed operators for its new online betting regime, with BetStars featuring as the sole …

Italian football club AS Roma has announced a new commercial partnership with Asian online betting company KB88.com. Under the terms of the agreement the Philippines based brand will become the club’s official regional betting partner, although the length of the deal was not disclosed. Luca Danovaro, Chief Marketing Officer of AS Roma, said: “This is a new and important partnership …

This week’s long awaited triennial review of gaming machines stakes and prizes not only led to a 12 week consultation period, but also incited an incredibly heated debate in Parliament on Tuesday. As part of the debate, the case was made for how future regulations on terminals could have implications on the horse racing industry, both co-chairs of the all-party …

Updating the market, Stockholm-listed Betsson Group has become the first betting operator to integrate Perform Group’s new ‘Opta 3D’ football visualisation product. The new Opta 3D content vertical will be integrated across Betsson’s European sports betting portfolio, starting with Betsafe UK. Moving forward, Betsson customers will gain access to Opta’s ‘highly detailed and captivating live visualisations’ for the Premier League …

Prior to the release of its pending Q3 2017 trading update (scheduled for Wednesday 8 November), the governance of Stockholm-listed online gambling group Cherry AB has issued a corporate update detailing that it has revised its full-year 2017 corporate forecast. The firm’s revision of FY-2017 expectations follows a tougher than anticipated integration of acquired ComeOn assets having undertaken a strategic …