Latest News

The UK Government will be applying for State Aid exemption to extend the horseracing betting levy to online bookmakers. The plans, revealed in today’s budget, show that rather than replacing the Levy Scheme, the DCMS is to attempt to alter it, following the line ploughed by the French authorities to introduce betting rights to sports. In a document responding to …

Announcing its first FTSE full-year earnings results, online payments provider Paysafe Group (the merged entity of Optimal Payments and Skrill) reported a 68% revenue surge to $613 million (£432 million) for its FY2015 corporate performance (period ending 31 December 2015). As expected Paysafe Group pre-tax profits were impacted by its completed November 2015 takeover of competitor Skrill. The company would …

Gambling and virtual sports content provider Vermantia has secured a major services agreement with IGT Group subsidiary Lottomatica. The partnership will see retail gambling supplier Lottomatica migrate its retail content system onto Vermantia ‘RETAIL’ broadcast services and further utilise Vermantia point-of-sale technology for its +1000 betting points. Within the immediate rollout, Vermantia will broadcast and operate three bespoke gaming channels for Lottomatica’s retail network: …

For the 10th week of Tipster Challenge action, it’s fitting that we’re at the world famous Cheltenham Festival! SBC News will be trying to follow up a 5-win week at Catterick, and hold off the team of Guests in 2nd, represented this week by Ciaran O’Brien, Communications Director at William Hill. William Hill have been gearing up to take up …

Australian based, European focussed online betting operator Favourit has announced that it plans to list a public offering on the Australian Securities Exchange (ASX listing). The listings move comes as the operator completes its takeover of ASX-placed mining firm Celsius Coal Ltd. Favourit governance detailed that the company aims to raise circa AUS $6 million (£3.2 million) on its ASX …

Following its industry warning issued at the start of January 2016, Lithuania’s Gaming Control Authority (GCA) has begun to implement its strict internet controls, restricting national consumer access to unlicensed operators. The GCA’s actions have been granted by the Lithuanian Parliament, who in January asked the body to draw up a blacklist of operators deemed to be targeting Lithuanian consumers …

Nico Jansen is founder and CEO of Bet IT Best, the innovative sports portal that allows its members to bet with several bookmakers from one central hub with one single wallet. He reveals some of the drivers behind the business. SBC: Hi Nico, can you detail Bet IT Best’s product journey, from its conception stage, to its research, its initial …

Virtual games specialist Kiron Interactive is to offer its portfolio of virtual sports products on the platform of fellow supplier Betinvest. The new agreement will see Kiron’s portfolio of games rolled out to sports betting clients of the international supplier on a single wallet, omni-channel basis. Using its combined Betman online and retail game servers, Kiron will provide their suite …

Announcing Amaya Inc 2015 full-year results, which saw the operator post net losses of CAD $25 million (£14 million), CEO David Baazov updated the market on his proposed management takeover of the firm. Baazov alerted the media that his executive team intends to make a formal bid to take Amaya assets private, though no timeline for the announcement of the …

Titanbet UK has become the first bookmaker to pay-out on Leicester City winning the 2015/16 Premier League (EPL) title. With eight match days remaining and the Foxes just five points clear of nearest title rival Tottenham Hotspurs, Titanbet UK has declared that the EPL trophy will go to the East Midlands club. Titanbet UK marketing declared that it would pay-out …