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Ascot Racecourse and the Tote have signed a partnership which looks to strengthen and grow pool betting in the UK. The new deal ensures all pool bets placed on racing from Ascot Racecourse will continue to support liquidity in the UK pool – which has been operated by the UK Tote Group since October 2019.  This includes bets placed on-course …

The Dutch sports betting market has been placed under surveillance by the Kansspelautoriteit (KSA), the country’s gaming authority, to root out potential match-fixing in amateur sports competitions.  According to the national legislation on sports betting, “gambling providers who offer betting on sports competitions are not allowed to do so for just every match”.  This is why a number of providers …

France’s largest casino groups have written to the new Prime Minister Gabriel Attal excoriating Française des Jeux (FDJ) for its aggressive expansionary policies and the “monopolistic advantages” that enable the former state-owned company to operate across all verticals and channels in the country. The letter, seen by the newspaper Les Echos, was signed by the CEOs of the Barrière, Partouche, Tranchant …

The British Horseracing Authority (BHA) has summarised the relationship between racing and betting, and the effect of the Gambling Review so far.  Betting has seen a substantial shift from retail to online and mobile devices in the past 15 years. A betting market boom has also been followed by an ongoing period of regulatory pressure, much of which was amidst …

Google has begun pushing AI algorithms into its search engine, transforming traditional search results into a Search Generative Experience (SGE).  While still in an experimental stage and available to a limited number of people, Google plans to allow everyone  access to SGE content regardless of where they might be in the world.  SGE will essentially transform the way users look …

The Competition and Markets Authority (CMA) is investigating the acquisition of Sporting Index by Spreadex Limited and its impact on the UK’s spread betting market.  The deal was announced in November 2023, with SpreadEx agreeing on ‘undisclosed terms’ with Groupe FDJ to acquire spread betting rival Sporting Index. On 15 January, the CMA announced that it had launched an inquiry, …

Flutter Entertainment Plc has consolidated its leadership positions in the UK and US markets ahead of its NYSE listing date on Monday 29 January. Publishing its pre-close trading statement for 2023 trading, the soon to be FTSE & NYSE gambling group reported Q4 revenue growth of 11% to £2.67bn. On a year-on-year basis, Flutter’s FY2023 revenues stand at £9.51bn, up …

As online sports betting proliferated globally and grew in popularity, while the adrenaline-fuelled excitement of winning on a big football game created a significant opportunity for operators and suppliers, there was one glaring drawback.  The seasonality and set schedule of sporting events prohibits the amount of bets an operator can take, meaning there has traditionally been a ceiling on the …

Flutter Entertainment has completed its €141m investment in MaxBet Kladionica to become the market leader in Serbia and advance its position within Balkan territories. The deal to acquire a 51% stake in Maxbet was first announced in September 2023, with Flutter securing exclusive rights to acquire the remaining share of the Serbian business. Branded a ‘local hero’ by Flutter, MaxBet …

In a bid to increase the sport’s exposure and growth, DAZN has lifted its paywall of all live women’s football coverage and associated content. The removal will allow DAZN viewers to watch free-to-air Women’s Champions League matches until the end of the season, along with matches from the Frauen Bundesliga, Liga F, D1 Arkema and Serie A Femminile.  Coming off …