A reformed UK Tote Group has raised a reported £20 million from existing shareholders to diversify its products and technologies beyond the firm’s legacy dependence on racing fixtures. Sky News ‘City Edition’ reported that Tote shareholders had agreed to back the firm’s new product roadmap, as the Tote eyes ‘an expansion into football betting to strengthen the company’s balance sheet’. …
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Utilising effective KYC and player ID systems can help betting and gaming operators to increase the number of verified players, and ultimately drive revenues. That’s according to 1account, a company shortlisted in the Fraud and Compliance Solution of the Year category for the SBC Awards 2020 (Wednesday 9 December), having been recognised for its KYC and age verification solution. The …
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Square in the Air (SiTA) has strengthened its senior leadership team by appointing seasoned industry public relations and outreach executive Richard Bloch as a Media Director. Bloch has joined the London-based igaming and sports betting communications agency from William Hill, where he formally led the FTSE250 bookmaker’s social media and brand activations as Global Head of Branded Content. A 20-year …
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Konsumentverket, Sweden’s consumer affairs agency, has issued a warning to licensed online gambling operators of their duties in ‘providing balanced and fair conditions to consumers’. The agency stated that it had found ‘numerous shortcomings’ having undertaken a review of terms and conditions across 13 operators picked at random. The operators reviewed by Konsumentverket were AG Communications, Bayton, Blue Star Planet, …
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Malta-based IT services and enterprise solutions provider BMIT Technologies has acquired a stake in AI automation studio EBO Ltd (EBO.ai) to accelerate the development of its igaming centric business support technologies. BMIT maintains a prior working relationship with EBO, which led the development of AI functionalities for BMIT’s ‘CX Virtual Agent’, the firm’s new automated customer service support solution launched …
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Kindred Group Plc has informed investors that corporate advisor Stefan Lundborg has resigned from all duties as a non-executive director with immediate effect. The resignation is related to Lundborg being investigated for ‘insider crime’ by the Swedish Economic Crime Authority (SECA), for which Kindred has offered its full cooperation with the public prosecutor and SECA agencies. Kindred stated that it …
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Free-to-play (FTP) game specialist SportCaller will support Virgin Bet in optimising new player engagement levels with the launch of its new game, The Ladder. The live quiz product has been tailored towards Virgin Bet’s customer base, and will ask a series of questions to test players on their football general knowledge where they can compete for a wide range of …
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The Guardian has reported that the Department for Digital, Culture, Media & Sport (DCMS) will officially launch its review of the ‘2005 Gambling Act’ next week – undertaking the biggest reform of the UK betting sector since the ‘Blair Era’. The review, which was marked as a 2019 General Election pledge by PM Boris Johnson, will review all current gambling …
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Paolo Personeni, Managing Director of Managed Trading Services (MTS) for Sportradar (pictured), highlights how capitalising on flexible third-party trading and risk management services will improve business performance for bookmakers. Outsourcing trading and risk management has typically been taboo within our industry, with the assumption that operators that require third-party assistance have an inferior offering compared to others who may do …
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With the UEFA Champions League now well underway, Nick Haynes from Form Labs takes a look at whether the condensed fixture list is having an effect on the performance of top flight English football teams. The norm throughout a league season is that there tends to be increasing disparity between the top and bottom of the table as the campaign wears on, …
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