North America

Online gambling B2B supplier GameAccount Network (GAN) closes a tough fiscal 2015 (period ending December 2015) reporting that its operating losses have doubled to £5.6 million (FY 2014:£2.6 million). Detailing full-year 2015 metrics, GAN recorded a net revenue decrease of 8% to £6 million (FY 2014: £6.5 million). Closing 2015 GAN would report clean EBITDA losses of £3 million (FY …

Bud Light is the latest non-endemic brand making big moves into esports as it’s been announced that the company will sponsor a group of esports players to form the Bud Light All-Stars group.   Bud Light will reveal the initial list of potential players at DreamHack Austin which starts on Friday 6th May. The company will be looking for players from …

PokerStars have announced the launch of PokerStars Knockout Poker, a tournament format exclusively available online at PokerStars which will be supported through a global marketing campaign featuring football superstar Neymar. The tournament prize money in PokerStars Knockout Poker will be split 50/50, with 50% going to the ‘normal’ prize pool and the other 50% being awarded for ‘knockouts’, with players …

The YouPorn sponsored esports team, Team YP, has been banned by the Electronic Sports League (ESL) as it is in breach of the organisation’s advertising rules.  In a statement issued to VentureBeat by the ESL this was what was said on the matter: “Advertising pornography is not legal in the markets we operate in, and the vast majority of partners …

European sports betting operator Unibet has confirmed that it has extended its betting partnership of cricket’s ‘HERO Caribbean Premier League’ (CPL) for a further two years. Unibet had been announced official betting partner of the CPL T-20 championship in May 2015. The continued partnership will see the bookmaker maintain its shirt sponsorship of the St Lucia Zouks franchise, which includes …

Paddy Power Betfair (PPB) subsidiary Betfair US has announced that it is set to launch its exchange wagering services for the state of New Jersey, in partnership with licensed racetrack operator Monmouth Park. The partnership sees the first launch of a betting exchange product in the US market, allowing for players to take odds by proposing or matching anonymous trades …

Canada appears to be split once more regarding its sports betting future, as the ruling Liberal Party has refused to support Bill C-122: ‘The Safe and Regulated Sports Betting Act’. Pro betting stakeholders, had begun the week eager for C-122 policies to be reviewed by Ottawa’s House of Commons on Tuesday. However, hopes of progress for C-122 were quickly dashed …

In a poignant blog post about skin betting on Unikrn published yesterday, co-founder and CEO, Rahul Sood, has highlighted what’s wrong in esports betting, especially in regards to underage gambling and top Twitch streamers who are wagering in-game virtual items that have real monetary value. According to Eilers Research skin betting is close to $5bn (£3.4bn) in terms of money wagered in 2016. …

California-based social and mobile gambling platform provider CashBet (www.cashbet.com) has confirmed the appointment of former Sony PlayStation North America President Steve Race to its board of directors. Race a thirty-year leadership executive across numerous sectors including gaming and finance, will advise CashBet management on corporate strategy and product development. As former President of PlayStation North America (1993 – 1995), Race …

A report in the Evening Standard is claiming GVC Holdings is at the centre of a Canadian whirlwind of lawsuits with its ongoing legal battle with Swiss ex-ice hockey pro Doug Honegger having taken a new turn.  Honegger claims that GVC owe him money for the work he states that he did as a joint venture partner on its behalf in terms of …