Sportsbook

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

 

Codere spins online unit to DD3 SPAC in pursuit of $350m Nasdaq listing

Nasdaq-listed SPAC DD3 Acquisition Corp has entered a definitive agreement to merge with ‘Codere Online’ – the online gambling subsidiary of embattled Spanish gambling group Codere SA.  Under DD3 ownership, Codere Online plans to gain a listing on the Nasdaq Exchange, as dealmakers target a $350 million (€290m) valuation for the online gambling unit, which will be separated from Codere’s …

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DGOJ secures rights to reform Spain’s fragmented self-exclusion registry 

Spiffbet

Spain’s 17 autonomous communities have agreed to establish a cooperative framework on the management and data sharing of their individual gambling self-exclusion networks.  The principles of a cooperative framework were agreed upon at a meeting of Spain’s ‘Gambling Policy Council’, chaired by DGOJ Secretary-General Mikel Arana. To date, the majority of Spain’s autonomous communities have individually maintained their player gambling …

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Norway targets unlicensed ‘foreign gambling companies’ with new legislation

Norway’s Ministry of Culture has introduced a new Gambling Law, implementing tighter restrictions on unlicensed international betting companies operating in the country, as well as their affiliates. Proposed by the government on 18 June and described as a ‘milestone’ by Abid Raja, Norweigan Minister of Culture and Gender Equality, the new bill aims to merge the nation’s fragmented gambling frameworks. …

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Danish regulator underlines stability despite online casino outpacing sportsbook growth

Spillemyndigheden has released its ‘2020 Danish Gambling Report’, revealing that the online casino vertical achieved a greater market share than sports betting for the first time. Denmark’s regulator – headed by Anders Dorph – revealed that overall online casino revenues amounted to DKK 2,453 million (€330m) representing a market share of 27% –  whilst sports betting accounted for 25% of …

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GLMS reappoints Calvi as President in Executive Committee election

The Global Lottery Monitoring System (GLMS) has appointed Ludovico Calvi as its Chair and President in its most recent Executive Committee election. Calvi will serve his third mandate as President until the next election in 2023, whilst Gilles Maillet, Sport Integrity Director at La Française des Jeux (FDJ), will replace Rupert Bolingbroke of the Hong Kong Jockey Club (HKJC) in …

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Sportradar appoints Lynn S McCreary to strengthen legal team

Sportradar has strengthened its legal department by appointing Lynn S. McCreary as Chief Legal Officer, as the company continues to press ahead with international growth. McCreary brings over three decades of experience in legal, business and executive leadership roles to Sportradar, having worked at financial services and payments firm Fiserv for 11 years, serving in the capacity of CLO since …

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Matt Shaddick ends 18-year reign as Ladbrokes Politics guru 

Posting an update via Linkedin, Ladbrokes’ Matt Shaddick has confirmed that he has ended his 18-year stint as the bookmaker’s lead political markets analyst.  Shaddick, who joined Ladbrokes in 2007 as sportsbook executive, thanked “the many fantastic people” who had helped establish and support Ladbrokes Politics as a key market offering of the heritage bookmaker. Announcing his departure, Shaddick detailed …

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Beach volleyball the latest new sports discipline for Setka Cup

beach volleyball

Beach volleyball has become the latest addition to the Setka Cup, strengthening its position as a leading organiser of fast sports tournaments for sportsbook operators. The new discipline, powered by BETER, provides operators with live streaming, live data and odds for approximately 450 extra betting events per month – with 16 matches each day. BETER explained that the matches, for …

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William Hill partners with Contentstack to drive ‘aggressive strategy’

William Hill has enlisted Contentstack as its core content experience platform, with the long-term goal of supporting an ‘aggressive strategy’ focused on becoming an international, digitally led business. An entirely rebuilt online portfolio of the operator’s properties will become available in June as part of updates to the William Hill Vegas casino vertical. A centralised hub of William Hill offerings …

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EGBA orders Italy to explain planned licensing reduction 

The European Gaming & Betting Association (EGBA) has issued a notification to the European Commission demanding that Italian authorities explain why they have published a draft law proposal seeking to reduce the number of online gambling licences by two-thirds. A reduction of online gambling licences had been initially proposed by the former 5Star-DP coalition government, as a draft measure attached to …

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