Sportsbook

The latest sportsbook news for the gambling industry, sponsored by Metric Gaming

Betfred secures British Masters title extension

Betfred has extended its title partnership of the British Masters, continuing the bookmaker’s relationship with the European Tour event for a further two years. As a result of the extension, the betting operator will continue its partnership with the golf tournament, along with working with the event on a range of initiates. The deal continues the firm’s growing relationship with …

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TIU denies two requests to lift provisional suspensions

The Tennis Integrity Unit (TIU) has confirmed that two players have had their application to lift a temporary suspension denied. Bulgarian tennis player Aleksandrina Naydenova and Spanish tennis player Enrique López Pérez had both applied to lift provisional suspensions originally imposed on 27 December 2019 and 19 December 2019 respectively. Independent Anti-Corruption Hearing Officer Prof Richard McLaren rejected both applications, …

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Andrea Vota named director general of Jdigital

Following an Extraordinary Assembly, Spanish trade association Jdigital has approved the appointment of Andrea Vota as the new director general. Vota, who’s appointment gained unanimous approval, is a consultant specializing in political stakeholder management and corporate communications. He has formerly worked for international Public Affairs firm Political Intelligence and as public affairs lead for German professional IT services provider CIRC. …

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Kambi and DraftKings agree on final closure terms

Further to publishing its 2020 interim statement this morning, Kambi Group has disclosed that it has reached a ‘mutual agreement’ regarding the phased conclusion of its US wagering partnership with DraftKings Inc. In 2018, Kambi secured its highest-profile US partnership win, becoming lead wagering systems provider for leading fantasy sports operator DraftKings, beginning its new venture in the nascent US …

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Betsson teams up with Banach for football Flash Markets launch

Betsson Group has strengthened its portfolio of football products after securing a new partnership with sports betting solutions provider Banach Technology. Under the terms of the agreement, Betsson has agreed to roll out Banach’s ‘formidable squad of Match and Player Flash Markets’, allowing punters to ‘bet on rapid-cycling selections in any match’. The partitioned segments will cover binary outcomes around …

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Scientific Games records $198m loss as COVID swamps casino and lottery performance

Scientific Games Corporation (SGC) has published its Q2 trading statement, underlining that COVID-19 has impacted all core business channels, as the company recorded a net operating loss of $198 million. As previously communicated to markets, the Nasdaq technology group stated that pandemic disruptions have ‘affected comparability to previous trading periods’, as group Q2 revenues dropped from $845 million in Q2 …

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Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth

Kindred Group Plc stated that it has demonstrated its capacity as a ‘resilient and adaptable business’ by delivering growth across all core metrics during unprecedented times. Publishing its 2020 Interim statement, Kindred has recorded Q2 group revenues of £235m, up 4% on corresponding 2019’s £226m, as 2020 year-to-date revenues stand at £484m (YTD2019: £450m). Updating investors, Kindred stated that in …

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Kambi lauds resilience as COVID impacts Q2 figures

Kambi

Sports betting platform and systems provider Kambi Group has lauded its ability to ‘weather COVID-19’s profound impact on the sporting calendar’ as the cancellation of live sports hinders business operations during the quarter. Publishing its Q2 2020 report, Kambi revealed that ‘the combination of resilient betting volumes and a gradual return of major leagues and sports, complemented by significant cost …

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Duma approves overhaul of Russian sports betting laws 

Ongoing Russian developments have seen the state Duma accept the second and third readings of Bill 647044-7, significantly modifying Russia’s existing sports betting laws.   Originally presented to the Duma on 30 April, Bill 647044-7 has amended ‘federal regulations on activities for the regulation and conduct of gambling’. Within its mandate, the bill will allow the Kremlin to implement ‘limits on …

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Jdigital appeals Spanish decree orders to EC courts

Spain’s Jdigital has submitted a ‘compendium of arguments’ to the European Commission (EC) highlighting that the introduction of the Draft Royal Decree breaches EU law on business practices and fair market arrangements. Jdigital, with the backing of the European Gaming and Betting Association (EGBA), argues that the Royal Draft Decree had not been subject to ‘public consultation’, and that it …

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