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The Wall Street Journal has reported this weekend that Cantor Fitzgerald LP’s sports betting subsidiary CG Technology has agreed to pay $22.5 million to the US government in forfeiture of the firm’s connection with illegal gambling and money laundering activities. Cantor governance has pushed for a non-prosecution agreement with the US Government, with CG Technology admitting responsibility of aiding and …

The start of the 2016 Conservative Party Conference (Birmingham 2-5 October), has seen UK Prime Minister Theresa May declare that her party will look to trigger Article 50 by the ‘end of March 2017’. Once Article 50 is invoked the UK will begin its two-year process of leaving the European Union. Speaking to Conservative Party delegates, May stated that the …

Victoria star Tom Hughes has entered the reckoning to be the next James Bond, with Betway introducing him to the market at 20/1.  The ITV period drama star has wooed audiences over the past couple of months and now the leading online bookmaker is reporting interest in Hughes being offered the 007 job. Poldark’s Aidan Turner, Ben-Hur star Jack Huston and …

Industry software and platform provisions provider BetConstruct has announced that it has made a venture investment in start-up ucraft (ucraft.com), an ‘easy-use all propose’ website builder. Detailing its investment, BetConstruct revealed that the fast-growing ucraft website development platform had already gained 5000 subscribers in its initial months of commercial activity. ucraft technology helps its users create fully scalable websites which …

Updating the market this morning, Perform Group has announced that it has agreed a content and media rights distribution deal with the British Basketball League (BBL), the UK’s professional basketball league. The partnership will see Perform  manage the broadcast and digital rights for all BBL games, including exclusive streaming and data rights for Perform’s Watch&Bet and RunningBall products. The long-term commitment …

Star Sports the ‘luxury bookmaker’ has opened its new betting shop in the heart of Mayfair, taking up residence in one of UK betting’s most iconic premises. The independent bookmaker takes over the BetVictor ‘Victor Chandler’ betting shop on Deanery Street, just metres away from the historic Dorchester Hotel on Park Lane. The Deanery Street shop is revered in UK …

It was announced last night that Betway has become the main sponsor of one of esports’ most established organisations Ninjas in Pyjamas, better known as NiP.  This is the second partnership between a classic sportsbook operator and an esports team; Fnatic and Dafabet have had a partnership in place since October 2015.  The ‘high six figure’ deal will see the Betway …

Singapore’s government made a significant announcement in relation to the igaming industry on Thursday; it will ease its law on remote gambling and allow limited online betting in ‘tightly controlled conditions’.  Both the Singapore Pools and the Singapore Turf Club will be the ones to benefit. They have been given exclusive exemption by the government from a law which blocks access to …

Following a period of commercial growth, sports data and media rights distributor Genius Sports has announced that it will open support offices in Los Angeles (USA), Medellin (Colombia) and Vilnius (Lithuania). Confirming its new international offices, Genius Sports governance stated that its investment would help grow the firm’s presence in over a dozen countries worldwide. Choosing its locations for international …

The Racing Partnership (“TRP”) has reached an agreement with the British Racecourse Bookmakers Association (“BRBA”) to administer payments to on-course bookmakers who provide their betting shows to the new betting shop channel. TRP will provide exclusive coverage to Licensed Betting Offices (“LBOs”) of all races from Doncaster, Lingfield Park, Wolverhampton, Royal Windsor, Worcester and Southwell – the first six of …