Betano – the sports betting and online gaming operator of Kaizen Gaming – has formed a partnership with the Romanian Football Federation. The deal sees the firm become the Cup’s naming partner for the next three seasons, which is to now be called The Cupa Romaniei Betano. “Our partnership with this historic football association marks a milestone for Kaizen Gaming …
Read More »Sportsbook
EEG fights liquidity concerns following $38m esports impairment charge
Esports Entertainment Group (EEG) has announced that it will revise its operating portfolio in order to improve its current liquidity position. Publishing its Q3 2022 financial results, the Nasdaq-listed operator outlined that despite recording a two-fold increase in corporate revenues to $15.7m (Q3_2021: $5.3m), it faced a series of ‘near term challenges’ impacting its bottom-line performance. “Our fiscal third quarter …
Read More »bet365 reprimanded by Danish regulator for due diligence violations
The Danish Gambling Authority (DGA), the Spillemyndigheden, has reprimanded bet365 for a compliance failure relating to two licensing conditions. Referring to the sports betting and igaming brand by the name of its business entity Hillside (New Media) Ltd, the Danish regulator stated that bet365 had allowed a ‘young player’ to deposit DKK 190,000 (€25,500) to his account in under a …
Read More »Cloudbet anticipates crypto-betting bounceback at Champions League final
Despite the recent turbulence in global cryptocurrency markets, Cloudbet remains optimistic about crypto-betting volume at the UEFA Champions League final this Saturday. Dubbed the ‘crypto crash’, two weeks ago the cryptocurrency market fell in value by over $100 billion in a matter of minutes, following a Bitcoin price warning. The crash has seen some of the most recognisable digital coins, …
Read More »bet-at-home projects improved full year performance despite 50% Q1 revenue decline
bet-at-home has encountered difficulties during the first quarter of the year, as its total group revenue declines by over 50% to €14 million. However, the Dusseldorf-based betting and gaming operator maintains that this figure – dispute representing a 54% decline on Q1 2021 revenues of €30 million – is still indicative of a strong start to the year. Recorded EBITDA, …
Read More »Betegy to bolster marketing efforts with Eugenie Golovina
Betegy has announced a new addition to its senior management team, as Eugenie Golovina joins the company as Chief Marketing Officer (CMO). The new executive’s focus will be on maintaining Bettegy’s growth in Europe and the US, with the use of its technological solutions and data visulation assets for sports fan engagement marked as a key area of growth. In …
Read More »Premier League clubs to be instructed to ‘voluntarily end’ betting shirt sponsorships
The conclusion of the English football season has seen speculation mount as to how the UK government will proceed to reform football’s relationship with gambling. This weekend, BBC Sport reported that the government was in discussions with the Premier League to initiate an early end to clubs’ gambling/betting sponsorships. The ongoing delay of the White Paper on gambling reforms has …
Read More »ITIA suspends two players following alleged anti-corruption breaches
The International Tennis Integrity Agency (ITIA) has confirmed that Mick Lescure and Jules Okala have been provisionally suspended from the sport. Suspended by independent Anti-Corruption Hearing Officer, Charles Hollander QC, the two French players are pending the full consideration of allegations against them of breaches of the Tennis Anti-Corruption Program. The provisional action was granted under section F.3 of the …
Read More »Miralles vs Sela match flagged an ‘irregular betting pattern’
According to a report from L’Equipe, Police sources are looking into the tennis match between Bernabé Zapata Miralles and Dudi Sela which flagged an ‘abnormally high’ number of bets. The second set, which lasted less than 20 minutes, is said to be the main focus of the reports. Miralles gained a 6-3, 6-0 victory in less than an hour – …
Read More »EGBA: Ireland should look to EU members as regulatory role models
Irish legislators overseeing the creation of the country’s gambling regulator have made several recommendations, a step welcomed by the European Gaming and Betting Association (EGBA). Publishing its pre-legislative scrutiny of the Gambling Regulation Bill earlier this week, the Joint Committee on Justice recommended a pre-watershed ban on gambling advertising. Further advice on advertising included a proposed evaluation of how to …
Read More »