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BetConstruct – In the Know…Starting an Online Casino

SBC News BetConstruct - In the Know...Starting an Online Casino

BetConstuct’ s Parandzem Avagyan details initial key fundamentals and logic for new market entrants planning to launch online casino enterprises. In the following article BetConstruct offers the following essential checklist for industry stakeholders…. ________________________ Global online casino and gaming market is on the rise with more countries and states legalizing and regulating online gambling. The latest news that excited operators and technology …

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CSGO Lounge and Dota2 Lounge officially cease skins betting

SBC News CSGO Lounge and Dota2 Lounge officially cease skins betting

This week via their respective Facebook pages both CSGO Lounge and Dota2 Lounge announced that they would be shutting down their skins betting functions with immediate effect. Both companies operate under Lounges, which itself is mostly owned by ESForce Holding, a company owned by Russian investor Alisher Usmanov who has been heavily involved in the esports scene in Eastern Europe. CSGO Lounge, …

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TopBetta raises $2.6 million for aggressive growth plans

SBC News TopBetta raises $2.6 million for aggressive growth plans

Australia ASX-listed racing and fantasy sports operator TopBetta has confirmed that it has raised AUS $2.6 million (£1.5 million) through a share placement funded by a group of ‘sophisticated and institutional’ investors. Placing 14.5 million shares at AUS $0.18, TopBetta governance will use the funds to implement an ‘aggressive growth’ strategy targeting customers during the key period of Spring Carnival …

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City pays close attention to Paddy Power Betfair H1 results

SBC News City pays close attention to Paddy Power Betfair H1 results

City analysts are eagerly awaiting Paddy Power Betfair’s (PPB) H1 2016 financial update on Wednesday 24 August, as the newly listed FTSE operator updates the market and its investor on merger progress. Close attention will be paid to PPB’s ongoing convergence strategy, as the company has undertaken a series of restructures to its marketing and operational divisions with PPB governance …

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Worldpay records 20% Premier League boost in bumper weekend for bookies

SBC News Worldpay records 20% Premier League boost in bumper weekend for bookies

The Premier League returned this weekend past with plenty of fixtures to whet fans’ appetites for the 2016-2017 season.  Data from Worldpay revealed a mammoth 20% rise in the number of bets placed on opening day compared to last year, with more fans than ever hoping to win big as the world’s most watched football league returned.* Following Leicester’s fairytale league …

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BOS Speaker Profile: James Watson – Sportradar – The skins volcano

SBC News BOS Speaker Profile: James Watson - Sportradar - The skins volcano

Esports form a notable part of the agenda at Betting on Sports (#bettingonsports) next month, and with a plethora of issues to discuss and debate it’s no great surprise why.  One industry expert is Sportradar’s James Watson. James will be on a panel alongside Pavol Krasnovsky, founder of RTSmunity, exploring how live betting can work in an esports environment. In …

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Unibet – Diaz vs McGregor 2 to break UFC wagering records

SBC News Unibet - Diaz vs McGregor 2 to break UFC wagering records

This Saturday’s UFC 202 main event between  Nate Diaz vs Conor McGregor 2  has divided the world of mixed martial arts as to who will win this Saturday’s much-anticipated rematch. In 5 March, Diaz who took the fight on ten days notice shocked the world of fighting by submitting McGregor to a second round choke-hold ending the boisterous Irishman’s unbeaten run …

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Caesars settles over restructuring plan with CEOC bondholder

SBC News Caesars settles over restructuring plan with CEOC bondholder

Updating the market, Caesars Entertainment Corporation (CEC) has announced that it has settled one of several bondholder lawsuits filed against debt holding subsidiary Caesars Entertainment Operating Company (CEOC). Filing a Securities and Exchange Commission notice on Wednesday, CEC governance detailed that it had settled with creditor Frederick Barton Danner a 6.5% bondholder in CEOC notes. Danner representatives have confirmed that they …

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Major merger off after William Hill refuses to play ball with 888 and Rank

SBC News Major merger off after William Hill refuses to play ball with 888 and Rank

888 Holdings Plc and The Rank Group Plc are withdrawing their proposal for a three way merger with William Hill, citing an inability to ‘meaningfully engage’ with the bookmaker’s board on the issue. 888 CEO Itai Frieberger said: “We are disappointed that the board of William Hill did not share our vision of the combined businesses. We believe that there …

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SBC Events welcomes Ricky Hatton to The BiG Sports Dinner

SBC News SBC Events welcomes Ricky Hatton to The BiG Sports Dinner

Ricky ‘The Hitman’ Hatton will be attending The BiG Sports Dinner in London on Friday 16th September. SBC Events has teamed up with the BiG Foundation to co-host the third annual dinner, and attract a raft of sporting superstars, which include the WBA, IBF, IBO and British boxing champion. Ray Parlour, who made 25 appearances in Arsenal’s 2004 ‘Invincibles’ campaign, …

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