SBC News Voice of the Sports Betting Industry
The public and media backlash over the Paddy Power Oscar Pistorius Money Back Campaign, could not have come at a worse time for all UK gambling operators. Only this week The House of Lords has been debating further and more stringent advertising regulation of the sector. Furthermore gambling operators are being attacked daily by media commentators and politicians. Put simply …
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UK Gambling Commission wants to use online payment blocking
As the UK gears up for regulation and legislation of its igaming industry, major players in the digital payment and processing sector have voluntarily agreed to block future transactions to non UK- complying igaming regulations. Credit cards and online payment processors such as Visa, Switch, Mastercard and PayPal Ebay, are set to block payment attempts to igaming operators not licensed …
Read More »Singapore to Restrict Remote Gambling
The Ministry of Home Affairs of Singapore (MHA) recently issued a public consultation paper seeking feedback on its proposals to restrict remote gambling in Singapore. Whilst the provision of gambling is prohibited in Singapore under the Common Gaming Houses Act and the Betting Act (unless specifically permitted by way of a licence or exemption), these laws do not expressly apply …
Read More »Ladbrokes goes LIVE with Playtech
The strategic partnership between Ladbrokes and Playtech technologies will see the operator distribute all Playtech’s Live gaming product inventory throughout Ladbrokes mobile and desktop verticals. Ladbrokes is set to distribute Playtech Live games via HTML5 and native versions for IOS and Android devices. As part of the strategic partnership, Playtech has enhanced the Ladbrokes online and mobile casino inventory by …
Read More »William Hill launches Android App
William Hill has announced the launch of its Android mobile application – the new app is specifically designed for Android users and will further the operator’s mobile product inventory. William Hill reports that since the launch of its iPhone IOS app, the application has been downloaded more than 1.5 million times. The new app is set to feature new mobile …
Read More »Betradar releases Virtual Dog Racing
Betradar, supplier of sports and betting related data, have announced the release of its new virtual sports betting product, “Virtual Dog Racing”. The first customer, Ghanaian online bookmaker SafariBet, has now successfully launched the new virtual sports betting product. After the recent success of “Virtual Horse Classics”, Betradar is proud to present yet another innovative virtual sports betting solution that celebrates the world …
Read More »Industry video explains new machine measures
The Association of British Bookmakers (ABB) has published a video in which bookmakers explain the new measures that have been introduced onto betting shop gaming machines, more commonly known as FOBTs. In a statement, the ABB commented: “Even though problem gambling levels are at record low in England, we do acknowledge that some of our customers will have problems with …
Read More »Betfair On Course For Top End Target
Igaming and sports betting exchange operators Befair stated that it was on course to hit its full year performance targets, following a strong third quarter performance. The operator had witnessed positive results with revenues increasing by 5% to £95.8m driven by a 12% increase in its regulated market operations. Betfair had also seen a positive impact on its EBITA earnings …
Read More »Fourth year of growth for 32Red
Online casino operator 32Red has reported a fourth consecutive year of record revenues – up 21% to £35.6m – and underlying EBITDA – up 46% to £5.0m. Profit before tax was up 12% to £2.3m. Chief executive officer Ed Ware said: “This is our fourth consecutive year of delivering double digit growth in both sales and EBITDA underpinned by a …
Read More »ASA Pulls Paddy Power Oscar Pistorius Money Back Campaign
The UK Advertising Standards Authority (ASA), has ordered Irish sports betting operator Paddy Power to remove its controversial ‘money-back’ campaign focused on the trail of South African Paralympic athlete Oscar Pistorius. The controversial advert depicts a photograph of Oscar Pistorius superimposed on a statue of an Academy Awards Oscar (award). The advert communicates as its tagline “It’s Oscar Time. Money …
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