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South Korean pitcher charged with manipulating baseball games

SBC News South Korean pitcher charged with manipulating baseball games

South Korean prosecutors have charged Lee Tae Yang, a pitcher for NC Dinos in the Korea Baseball Organization (KBO), with manipulating games for gambling purposes. He is facing a lifetime ban from the KBO, which would also prevent him from playing professionally in the US, Japan or Taiwan. It has been alleged that Yang deliberately allowed first-innings walks and runs …

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Sporting Lisbon signs FIFA player Quinzas and Lion Games announced

SBC News Sporting Lisbon signs FIFA player Quinzas and Lion Games announced

Sporting Lisbon has become the latest football club to jump on the recruiting a FIFA player bandwagon by signing Portuguese player Francisco ‘Quinzas’ Cruz. Quinzas has some pedigree having won the FIFA Interactive World Cup back in 2011. He became the youngest ever player to do so in the process. Now 21 years old, Quinzas has been involved in the scene since …

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‘Challenging Period’ – Betsson H1 earnings hit by currency fluctuations & lower betting margins

SBC News 'Challenging Period' - Betsson H1 earnings hit by currency fluctuations & lower betting margins

The governance of Stockholm-listed European sports betting operator Betsson AB has stated that H1 2016 has been a challenging period in which the business has faced various obstacles.  Presenting its H1 trading results (six month period ending 30 June), Betsson detailed that although group revenues had hit SEK 1.93 billion (13% up on H1 2015: 1.7billion), its performance had been …

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Low margins & increased taxes impact Mr Green H1 earnings

SBC News Low margins & increased taxes impact Mr Green H1 earnings

Updating the market, AktieTorget-listed European online gambling operator Mr Green & CO AB (Mr Green) detailed that despite seeing topline revenue growth during Q2 2016, tax duties and higher expenses have impacted its period earnings. The operator would record increased corporate revenues of SEK 211 million up 8% on corresponding Q2 2015’s SEK 194.8 million. Detailing revenue drivers Mr Green …

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LeoVegas appoints Andreas Bardun as Sportsbook lead

SBC News LeoVegas appoints Andreas Bardun as Sportsbook lead

Stockholm Nasdaq-listed LeoVegas has confirmed the appointment of Andreas Bardun as its new Head of Sportsbook. Bardun joins the Malta-based operator from Betsson Group, where he led sports betting operations for its Nordicbet subsidiary brand and further held senior management positions within its sports betting department. Reporting to Robin Ramm-Ericson, LeoVegas Co-Founder, and Chief Experience Officer, Bardun will be charged …

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Cherry acquires first 49% of shares in ComeOn Malta Ltd

SBC News Cherry acquires first 49% of shares in ComeOn Malta Ltd

Cherry AB has announced the acquisition of the first 49% of shares in ComeOn Malta Ltd, strengthening its market position in Scandinavia with brands including ComeOn, Mobilbet, Folkeautomaten and Casinostugan. The company also has the option to acquire the remaining 51%. The acquisition, which is expected to have an immediate positive effect on Cherry’s profit, included payment with 2,901,475 B-shares …

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