Sportsbook

The latest sportsbook news for the gambling industry.

Kindred calls on full North American exit

Nils Andén, Kindred CEO

Kindred Group Plc has announced its outright exit from all North American markets, as part of its ongoing strategic review overseen by a new executive leadership team. This morning investors were informed that “Kindred will exit the North American market with the expectation of completing this exit by the end of Q2 2024, subject to regulatory approval.” The Stockholm-listed online …

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BetMakers to transform wagering terminal operations via OneWatch launch

SBC News BetMakers to transform wagering terminal operations via OneWatch launch

BetMakers has introduced a new wagering terminal monitoring and analytics tool named OneWatch, for racetrack and off-track betting operators across the US. Designed to transform wagering terminal support operations from manual and reactive to smart and proactive, the tool will provide BetMakers and its Global Tote division with a ‘powerful’ solution for proactive terminal maintenance and support services. Karl Begg, …

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Entain investors told that MGM has eyes only on BetMGM

SBC News Entain investors told that MGM has eyes only on BetMGM

US casino giant MGM Resorts will not be making a bid for the whole of Entain as the pressure from activist investors on the UK group’s CEO Jette Nygaard-Andersen shows few signs of easing following last week’s Financial Times reports of shareholders moving against her. According to sources close to the group, the US casino giant is “not interested” in bidding …

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The Unit develops ‘high-performance’ betting feed for TXOdds

SBC News The Unit develops ‘high-performance’ betting feed for TXOdds

The Unit has designed a bespoke front-end system for data odds provider TXOdds. The betting and gaming product development company has introduced TXOdds to a ‘user-friendly, intuitive front-end system’ for its customers, following a successful partnership where The Unit created the front-end of TXOdds’ Fusion Odds Data product. Paddy Casey, Co-Founder of The Unit, commented: “We are delighted to have …

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CBF prioritises integrity as Brazil betting market nears launch

SBC News CBF prioritises integrity as Brazil betting market nears launch

In a push for strengthened integrity in Brazil’s rising sports betting market, Eduardo Gussem has been appointed as Integrity Officer of the Brazilian Football Confederation (CBF). The appointment comes ahead of a crucial vote this week concerning the proposed legal sports betting in the country. Legislators will decide on Wednesday 29 November on the final framework of Brazil’s betting regulation. …

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Entain: GGL must address German gambling’s black market exposure 

SBC News Entain: GGL must address German gambling’s black market exposure 

Entain Plc has backed the findings of the ‘Schnabl Study‘ highlighting the significant presence of black-market operators targeting Germany’s Fourth Interstate Market (GlüNeuRStv). Published by the trade bodies of DSWV (sports betting) and DOCV (online casino), the study conducted by Prof. Gunther Schnabl of the University of Leipzig, found that ‘around half of the online gaming activity in Germany takes …

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Entain to settle HMRC Turkish dispute with + £600m payout

SBC News Entain to settle HMRC Turkish dispute with + £600m payout

Entain Plc has reached an ‘in principle’ agreement with the Crown Prosecution Service (CPS) to resolve its Deferred Prosecution Agreement (DPA) concerning the investigation by HM Revenue & Customs (HMRC) of its former Headlong Turkish business. This afternoon, Entain informed investors of obtaining preliminary judicial approval from Dame Victoria Sharp, President of the King’s Bench Division, to finalise a £585m …

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ITIA hands Slovenian tennis official 10-year ban for data manipulation

SBC News ITIA hands Slovenian tennis official 10-year ban for data manipulation

Marko Ducman, a Slovenian tennis official, has received a ten-and-a-half-year suspension from the International Tennis Integrity Agency (ITIA). Ducman admitted to four breaches of the Tennis Anti-Corruption Program (TACP), which included engaging in tennis match wagering as well as manipulating match data for betting purposes. He has also been fined $75,000, with $56,250 suspended and – during the suspension – …

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