Sportsbook

Greek gaming operator OPAP Group has confirmed that it has finalised the acquisition of a 51% stake in Stoiximan Group’s Greek and Cypriot business (SMGC). The deal, which was initially announced 18 months ago, was valued at €90.2 million in addition to net cash of €3.0 million. As part of the agreement, OPAP will acquire the stake from GML Interactive, …

RTSmunity has continued to grow its presence across the European sports betting market after entering into a new partnership with polish sportsbook operator, forBET. The agreement will allow forBET customers to benefit from RTSmunity’s esports offering, including a range of markets, uptime and odds. Petr Pacinek, General Director of forBET, said: “The cooperation we have just started is a clear …

Martin Lycka, GVC Holdings’ director of regulatory affairs, has called attention to the pending reorganisation of German gaming regulations, stating that ‘this is a gaming revolution built on sand’. Writing for Politico, Lycka explained that ‘German gambling is on the brink of revolution’ with incoming legislation paving the way for the registration of an unlimited number of sports betting providers, …

Europol, the European Union’s agency for law enforcement cooperation, has issued a warning against the ‘greater risk’ of match-fixing by organised crime groups (OCGs). The report, entitled The involvement of organised crime groups in sports corruption, emphasised that OCGs have been exploiting ‘the changing circumstances during the COVID-19 pandemic’. “Sports corruption is a serious crime involving organised crime groups operating …

Intralot and its Maltese subsidiary, Maltco Lotteries, have launched a new U*BET Virtual Sports product, which will broaden U*BET’s sports betting portfolio. The product, which will be provided in collaboration with Inspired Entertainment, will be made available across Maltco Lotteries’ retail network which the company hopes will be a ‘key driver’ in offering a ‘diversified and entertaining sports betting portfolio’. …

BtoBet has continued to expand its South American market profile by confirming that Venezuelan licensed bookmaker CamanBet has selected ‘Neuron 3’ to lead its strategic overhaul. Securing its first Venezuelan partner, BtoBet has been appointed to lead CamanBet’s ‘shift from a purely retail business to a new omnichannel approach’ with its new systems and structures powered by the Neuron 3 …

Sports IQ has agreed to make its full suite of products available to Bet.Works after the duo secured a new partnership. As part of the agreement, Bet.Works’ sports betting clients will benefit from Sports IQ’s innovative pre-match and in-play markets covering all NFL, NBA, MLB & NHL events plus college and international variants. Commenting on the partnership, David Wang, CEO …

A year-on from implementing its corporate transformation programme, William Hill Plc has praised the execution of its new strategy which has helped the company navigate Covid complexities and further industry headwinds. Publishing its half-year results for the six months ended 30 June 2020, the COVID-19 disruptions to live sport were a key factor in the 32% decline in net revenues, …

GVC Holdings‘ European flagship sportsbook property bwin has been confirmed as the new betting partner of the Belgian Pro League and Eleven Sports for the next three seasons. The deal will cover the Jupiler Pro League, D1B and the Supercup, with the online operator also becoming the rights holder of the national betting streaming rights to the Pro League, broadcast …