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New measures proposed for DFS in Maryland

SBC News New measures proposed for DFS in Maryland

A set of new proposals have been made concerning daily fantasy sports in the state of Maryland by State Comptroller Peter Franchot. Franchot said: “Daily online fantasy sports games have established a significant presence in Maryland. It is entirely appropriate that we begin making sure the games are fair, anticompetitive abuses are declared out of bounds, and appropriate taxes are …

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AWC addresses concerns over the advertising of sports betting

SBC News AWC addresses concerns over the advertising of sports betting

The Australian Wagering Council (AWC) has explained that advertising remains an important legal right for Australian licensed wagering operators, but committed to working with the Federal Government to address community concerns over the advertising of sports betting. The Council was responding to calls from independent MP Mr Andrew Wilke and Senator Nick Xenophon for a national approach on advertising regulation. Wilke …

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Nigeria betting stakeholders want end to ‘double taxation’

SBC News Nigeria betting stakeholders want end to 'double taxation'

Nigerian sports betting industry stakeholders have put pressure on the Federal Government to tackle the lingering issue of double taxation, claiming that current tax-inefficiencies are stagnating sector growth. At a summit hosted by industry body the Association of Nigerian Bookmakers (ANB), syndicated operators were all in agreement that taxes charged by the National Lottery Regulatory Commission (NLRC) and individual states were …

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Bitcoin sportsbook celebrates successful first month

SBC News Bitcoin sportsbook celebrates successful first month

Bitcoin sportsbook operator SportsBet.io is celebrating a successful first month following its launch in June.  The sportsbook went live shortly before Euro 2016, and has already paid out in excess of 800,000 mBTC to players. The biggest individual win from a single betwas 8,650 mBTC (£4230) which was won by a punter betting on an Kansas City Royals v Houston Astros …

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Rich Roberts resigns from Sportech PLC Board

SBC News Rich Roberts resigns from Sportech PLC Board

Sportech has announced that Rich Roberts, President of Digital and US Corporate Affairs, has stepped down from the PLC Board. He had been a Member of the Board of Directors since December 2013. Roberts’ resignation comes after a reorganisation of responsibilities for Sportech in North America, following the company’s withdrawal from business obligations with Draft Day Daily Fantasy Sports. However, …

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Roskomnadzor Russia penalises payment providers QIWI and Skrill

SBC News Roskomnadzor Russia penalises payment providers QIWI and Skrill

Online payment providers QIWI and Skrill (Paysafe Group), have become the latest firms to be penalised by Russian media regulator Roskomnadzor. Last week, the payment providers were served notices by Roskomnadzor stating that they had breached Russian gambling laws relating to facilitating online gaming payments and that their services contained links to unlicensed betting operators. Roskomnadzor has given both payment …

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Eder’s goal makes Birmingham punter an overnight millionaire

SBC News Eder's goal makes Birmingham punter an overnight millionaire

One lucky BetVictor customer became a millionaire overnight thanks to Eder’s winning Euro 2016 strike in the final.  Daman Chick, 32, from Birmingham, correctly predicted the Portuguese substitute would open the scoring, and duly won BetVictor’s Million Pound Goal competition. Unsurprisingly the Lille striker was far from the most popular player to score the Million Pound Goal, with Golden Boot winner …

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Graham Martin & Quirino Mancini join SBC Events Advisory Board

SBC News Graham Martin & Quirino Mancini join SBC Events Advisory Board

Sports Betting Community (SBC), the media and events group which focuses on the betting industry, has broadened its expertise with the recruitment of two new advisors ahead of the Betting on Sports Conference – the company’s latest two-day event in September. Bookmaker Graham Martin and lawyer Quirino Mancini have joined the advisory board for the group’s events division, SBC Events, …

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