Real time sports betting data provider LSports will help its sportsbook partners to “manage risks, reduce exposure and improve user engagement” with the launch of a new cash-out service confirmed this week. By adding the new feature, sportsbooks will give punters the opportunity to settle bets before a sports event is concluded, said the firm. “LSports keeps improving its offering …
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Betano continues motorsports venture with FRAS extension
Betano and the Romanian Sports Motor Federation (FRAS) have expanded their partnership for the National Rally Championship. In 2023, the Romanian motorsport competition will now be named the Betano National Rally Championship (CNRB). The Kaizen Gaming-owned operator started its partnership with FRAS back in 2020, which marked the brand’s first motorsports sponsorship initiative. Dragoș Mîndreci, Country Manager Betano Romania, commented: …
Read More »Codere Online confirms CEO departure as Nasdaq year-1 targets are matched
Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group. The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business. A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …
Read More »Betsson makes latest venture in padel with Cayetano Rocafort
Betsson has announced that Swedish padel player Cayetano Rocafort has become a new ambassador and partner of the company. Spanish-born Rocafort, who now lives in Stockholm, has been ranked number one in his country since 2021. “Padel has been around for much longer in Spain, but Sweden is stepping in. In addition to the great interest here in Sweden, we …
Read More »BGC praises ‘positive progress’ as UKGC reveals ‘stable’ problem gambling rate
‘Statistically stable’ is the term of the week for the UK Gambling Commission (UKGC), which revealed that the British problem gambling rate and overall participation remained largely unchanged throughout 2022. The UKGC’s latest quarterly telephone survey put problem gambling at 0.2% throughout the whole of 2022 in comparison to the 0.3% recorded the year prior, whilst the low risk rate …
Read More »Super Group Comms Director Alan Alger steps down from transformed Betway
Alan Alger has confirmed on Linkedin that he is departing his position as Director of Corporate Communications for Super Group, having worked with the firm during a transformational period. Having first joined Betway Group in November 2014 as a PR Manager, Alger climbed the ranks of the operator over the following eight years to become Head of Corporate Communications and …
Read More »Sponsorship and influencers marked ‘points of vigilance’ in ANJ marketing review
French gambling regulator l’Autorité Nationale des Jeux (ANJ) has detailed progress on bookmaker marketing guidelines, although rejecting Française des jeux’s (FDJ) promotional strategy. In a review of 17 licensed independent operators and the two state-licensed companies, FDJ and Pari Mutuel Urbain (PMU), the ANJ concluded that most firms had ‘generally complied’ with guidelines and recommendations adopted in February and October last …
Read More »News Corp to tighten investment in Betr
News Corp, the global media conglomerate of the Murdoch Family, is reported to be scaling down its investment in Australian sportsbook challenger Betr. As reported by the Australian Financial Review (AFR.com), News Corp seeks to “water down its investment in Betr”, the sportsbook venture of Matthew Tripp in which it owns a 47% stake. Investment concerns have grown due to …
Read More »Welsh Lib Dems: Tax gambling to fund social care costs
The Welsh Liberal Democrats have called for remote gaming duty to be doubled, explaining that tax revenue gained could be used to pay for social care. Amid a criss in health and social care, the Lib Dems stated that rising costs could be backed by an increase in remote gaming duty – essentially online operator taxation rates – from 21% …
Read More »Sergey Tsukanov to serve ‘in an expanded capacity’ as Betby CPO
Betby has announced that Sergey Tsukanov has become the gambling firm’s Chief Product Officer. Extending his position and influence within the group, Tsukanov will be responsible for the continued oversight of the Risk Management and Trading teams. “I am excited to take on new challenges and drive even greater success for our organisation,” he stated. “I am grateful for the …
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