Gambling operator 888casino has donated $50,000 (£34,069) to International Medical Corps UK to aid its Further and Faster campaign. This allows the International Medical Corps to reach disaster zones and deliver health and medical care immediately as opposed to having to raise the necessary funds first. The money was raised by 888casino customers during its 2015 Christmas appeal and will also …
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Australian Football League announces media betting restrictions
The Australian Football League (AFL) has announced its planned betting restrictions on those in the media that are accredited with the organisation. The league has stated that from the 2016 season, which kicks off on March 24th, media wishing to bet on matches will only be allowed to do so during a specified time window on match days. The precise …
Read More »bwin.party reports 5% revenue uplift in final FTSE trading update
FTSE 250 listed betting operator bwin.party Entertainment ends a tough 2015 on a positive note, recording a 5% Q4 2015 revenue uplift. Issuing a trading update, bwin.party detailed that its improved performance had been driven by its sports betting and casino divisions, which had been aided by mobile product enhancements introduced during the quarter. bwin.party governance further detailed that the …
Read More »Taiwan’s CIB shuts down major gambling ring
As reported by Focus Taiwan, the Criminal Bureau of Investigation (CIB) in Taiwan has announced that it has busted the largest online gambling operation in its history. Over $60.4m (£40.8m) was seized, and a 35-year-old man called Kao Hung-yu (高宏宇) was arrested along with 52 other suspects. Kao is believed to be the mastermind of the gambling ring, and has …
Read More »Lithuania toughens stance against online gambling operators
Under orders of the Ministry of Finance, the Lithuania Gambling Control Authority has announced that it will take severe action against unlicensed gambling operators deemed to be illegally targeting Republic of Lithuania consumers. Releasing a statement this morning, the Gambling Control Authority stated that it had increased its monitoring of unlicensed gambling companies operating wagering services within the region. The …
Read More »OpenBet signs new five-year deal with Sky Betting & Gaming
Sports betting software provider OpenBet, has renewed its license, development and support agreements with Sky Betting & Gaming. The deal extends the long-term relationship between the two; OpenBet has supplied the Leeds-based operator since it was formed in 2001. OpenBet will continue to provide Sky Betting & Gaming with its online and mobile sports betting platform for a further five years, and …
Read More »eSports 2015 SBC report – Part 2
Following Part 1’s assessment of the key occurrences in the eSports industry from a business perspective in the opening six months of 2015, here’s more of the same for the latter part of the year. August Ashton Kutcher became the latest high profile investor in eSports as he joined billionaire Mark Cuban in investing in Unikrn. Kutcher has a successful …
Read More »2C2P agrees partnership with SafeCharge
Leading Southeast Asian payment services provider 2C2P has signed a strategic partnership with advanced payment technologies firm SafeCharge International Group Ltd. This is a major deal in that it will enable Southeast Asian retailers and brands access to the European and North American B2C e-commerce markets worth a combined $985bn (£670bn) annually. The terms of the partnership has seen both companies integrate each …
Read More »Mark Cuban believes US legalisation of gambling is inevitable
In an interview with Fortune Mark Cuban, US businessman and investor, stated his belief that the USA will legalise sports betting. When quizzed on the recent, and ongoing, investigations into the legality of daily fantasy sports firms such as FanDuel and DraftKings, Cuban said that he believes it is “inevitable” that gambling will be legalised. He added: “It will take …
Read More »Webis Holdings looking to extend HKJC partnership
Global gaming group Webis Holdings PLC has revealed that it is in talks with the Hong Kong Jockey Club to extend the partnership between the two organisations. In an AGM announcement, where it detailed that all resolutions at its latest annual general meeting were passed, Webis said that its US racing subsisdiary, WatchandWager.com LLC, is in advanced negotiations with Hong …
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