New York ‘activist hedge fund’ HG Vora Capital has acquired a 5.1% stake in William Hill Plc for a reported £115 million, reigniting speculation over the FTSE250 betting group’s future options. The investment fund, led by former Goldman Sachs VP Parag Vora, holds a successful track record in gambling having previously held a 5% shareholding in Caesars Entertainment, prior to …
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Over the next few months, Form Labs – a division of Bettorlogic – will be looking at the best of the weekend’s sporting activity. This time, our attention turns to the start of the road in Serie A and the Bundesliga, where Bayern Munich are primed for more domestic (and European) glory, as well as the likely US Open contenders …
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US wagering to date has been dominated by conservative marriages between US casino giants and established European sportsbook operators. Flipping the script, last January Penn National acquired controversial US sports publisher Barstool for $450m, stating its intent to develop America’s dominant mass-market sportsbook proposition. Scott Longley explains why if you are still a ‘sportsbook romantic’… you should really care about …
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Paysafe Group has confirmed the inbound appointment of Ismail ‘Izzy’ Dawood as new Group CFO, who will join the firm’s executive leadership team on 28 September, replacing outgoing incumbent Peter Smith. A 25-year financial services executive, Dawood joins Paysafe from North American credit score software and systems provider Branch International where he formerly served as CFO from 2019 to 2020. …
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Betway has secured an extension to its worldwide betting partnership with Cricket West Indies (CWI) which will run until 2022. The renewed agreement will see Betway continue as the official betting partner of CWI, with pitch and broadcast presence at all men’s and women’s International Home Series matches. Commenting on the agreement, Anthony Werkman, Betway CEO, said: “Cricket is a …
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Over the next few months, Form Labs – a division of Bettorlogic – will be looking at the best of the weekend’s sporting activity. This time, we check on Mo Salah’s pursuit of Teddy Sheringham’s opening day scoring record and the chances of a fast Premier League start for the promoted teams, before addressing the media hype around Barcelona’s (Messi …
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SG Digital’s Yiannis Stathis believes that OpenMarket can spell an end to the complex working environment for sports betting operators and suppliers, adding that both sides are losing too much time – and “leaving too much money on the table” – by trying to manage one-to-one relationships. Stathis was delivering a presentation at the SBC Summit Barcelona – Digital, where …
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Over the next few months, Form Labs – a division of Bettorlogic – will be looking at the best of the weekend’s sporting activity. This time, we go from Cristiano Ronaldo and his bid to join the international 100-club, to England’s revenge mission in Reykjavík and Serena Williams’ latest attempt at matching Margaret Court’s 24-time Grand Slam record in New …
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Esports Integrity Commission (ESIC) has confirmed that it is nearing the conclusion of its investigation into match-fixing allegations related to the ‘Mountain Dew League’ (MDL) tournament series operated by associate member ESEA, a subsidiary of pro-esports tournament organiser ESL. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Countering ‘social media speculation’, …
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SBC Summit Barcelona – Digital is set to open with two of the sports betting & gaming industry’s most influential figures, when Carsten Koerl (CEO & Founder, Sportradar) and Jason Robins (Chairman, CEO & Co-Founder, DraftKings) take part in an exclusive In Conversation session. The theme of the event’s keynote, which is scheduled for Tuesday 8 September at 10am CEST, …
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