Online sports betting operator Dafabet has been announced as the title sponsor of the upcoming snooker world championship in Sheffield, England. It will be the first time the sports betting operator has sponsored the event, which takes place from 19th April to 5th May and will offer a record top prize of UK£300,000. Dafabet are currently sponsors of English Premier …
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The UK’s main gambling trade associations have joined forces to establish the Industry Group for Responsible Gambling (IGRG) – a new body that formalises the responsible gambling work that the associations carry out. The IGRG provides a structure to better promote socially responsible gambling in the British gambling market. Building on existing relationships and work streams, it will also provide …
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UK tabloid newspaper The Sun, part of Rupert Murdoch’s News Corp International, is set to target the UK sports betting market with the release of its own white -label online sports betting brand. I-gaming news source Creports that the popular UK newspaper is set to agree terms with sports betting operator BetVictor, who will operate and market the white-label brand …
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Richard Glynn CEO of troubled gambling operator -Ladbrokes PLC, has been awarded a staggering 85% total remuneration rise as the firm’s operating profits plunged by a reported 33%.The news comes as a surprise to the gambling and sports betting industry, as Glynn’s position as the head of Ladbrokes operations, has come into question with many industry commentators forecasting the CEO’s …
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Online payment service provider SafeCharge, a majority owned company by Israeli igaming magnet Teddy Sagi, has announced its intentions to raise about $100 million by listing its shares on London’s junior Alternative Investment Market (AIM) stock exchange. A Company statement read that the payment provider was eyeing an April date for its flotation and further funding on the AIM. The …
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Paddy Power has been warned over its future conduct by the Advertising Standards Authority (ASA) following its investigation into the bookmaker’s newspaper advert in The Sun on Sunday around the Oscar Pistorius trial. The advert, which offered ‘money back if he walks’, promoted a market on whether the South African Olympian would be found guilty or not of the accusation …
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Shares in Ladbrokes fell by almost 12 percent to 139.8p yesterday, while market leader William Hill was down 7 percent at 350.1p, as the market responded to Chancellor George Osborne’s latest tax raid on the betting industry. The Treasury increased the rate of Machine Games Duty (MGD) on games with a stake higher than £5 from 20% to 25%, with …
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Sports bettors on Twitter can now find out football results before they happen with the launch [email protected] new proposition from BETEGY, a sophisticated online and mobile prediction tool that accurately forecasts outcomes of matches and a range of betting markets, provides instant responses via Twitter, where sports events are among the most popular discussion topics. During the 2013 Champions League final …
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Spanish media giant MARCA, famous for its daily coverage of Real Madrid, has entered the social gaming arena thanks to a partnership with social betting technology supplier Oddslife Ltd. Using the Oddslife platform, MARCA has launched ‘MARCA EL GURU’ – a customised social sportsbook platform that allows users to engage and compete with each other using their knowledge of sports. …
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The Association of British Bookmakers (ABB) claims that Chancellor George Osborne’s increase in tax on B2 Gaming Machines to 25% could see 30 per cent of the country’s betting shops in jeopardy. The organisation said in a statement: “The impact of the new Machine Games Duty (MGD) which came into effect last year and cost the industry an extra £50 …
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