Entain Plc has this morning communicated that shareholders of leading Baltic markets operator Enlabs AB have approved its revised SEK 53 per share takeover offer. The FTSE100 online gambling group states that its revised €370 million cash offer of Enlabs received a unanimous 94% approval by company shareholders. Having previously secured regulatory approval, Entain declares that its offer is now …
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Betway returns to tennis as sponsor of the Miami Open
Betway has returned to tennis sponsorships becoming the principal betting partner of the Miami Open an ATP and WTA 1000 sanctioned tournament. Beginning this week, the Miami Open (22 March to 4 April) sees the biggest names on the ATP (men’s) and WTA (women) tours compete as pro-tennis 2021 season plays its first ‘Masters event’. Betway the former championship sponsor …
Read More »UKGC responds to Football Index backlash
Following public concerns, the UK Gambling Commission (UKGC) has this afternoon published further information on its investigation and licence suspension of BetIndex – the operating company of under administration Football Index. The Commission states that its formal license review proceedings began on 20 May 2020, following concerns about the business. Initial review proceedings focused on ‘issues in relation to the …
Read More »BETBY upgrades all sportsbook layout UX components
BETBY has announced a series of UX-focused functionality upgrades boosting the quality of its client interface and overall customer engagement. The Malta-based sportsbook software and platform provider said it has ‘reimagined all engagement components’ of standard sportsbook layouts to provide deeper customisation for its clients. Improvements see BETBY deliver a fully responsive user interface, supported with decluttered on-site navigation and …
Read More »Toffee TV becomes the latest fan channel to partner with Low6
Mobile betting games developer Low6 has expanded its network of partners after signing a new agreement with Everton fan channel, Toffee TV. Launching Toffee Picks, fans will be able to compete on a peer-to-peer basis, predicting a series of match outcomes such as goals scored, corners taken and saves made. Players are then ranked on a leader board, with the …
Read More »UKGC warned over Football Index ‘pyramid scheme’ in January 2020
The UK Gambling Commission (UKGC) allegedly received a warning regarding betting exchange Football Index in January 2020, describing the website as a ‘dangerous pyramid scheme’. According to The Guardian, a document was sent to the UKGC, notably highlighted issues surrounding Football Index’s dividends, which it argued resembled the activities of a pyramid scheme. The report estimated that in January 2020, …
Read More »FIFA enhances safeguarding strategy via Global Integrity Programme
FIFA has enhanced its global football safeguarding policy via the launch of the Global Integrity Programme, in cooperation with the United Nations Office on Drugs and Crime (UNODC). The programme places a strong emphasis on education, aiming to enhance integrity within all 211 member organisations via resource and knowledge sharing among various Integrity Officers, with the aim of preventing match …
Read More »ANJ warns of conduct duties as France records 1m new sportsbook customers
Publishing its first ‘annual market summary’, L’Autorité Nationale des Jeux (ANJ), France’s new unified gambling regulator cites that French online gambling achieved record results despite the COVID-19 pandemic. France’s online betting industry recorded total revenues of €1.74 billion, up 22% on full-year 2019 results of €1.42 billion. ANJ cites that market growth was driven by a combination of factors that …
Read More »BtoBet announces Euro and Copa América promotions
Sports betting platform provider BtoBet has strengthened its international marketing capabilities via the launch of promotions covering the UEFA Euro 2020 and the upcoming Copa América tournament. Both promotions are free to play, and are being marketed to operators as a means of widening their customer basis whilst retaining existing users. The offer functions as a basic correct score prediction …
Read More »‘Product leadership strategy’ in regulated markets key to 888 success
888 Holdings has published its full results for the year ending 31 December, reporting strong growth driven by success in regulated markets and a varied product range. The FTSE250 group’s overall revenue increased to $849.7 million, up 52% from the 2019 figure of $560.3 million. In addition, the firm reported adjusted EBITDA of $155.6 million – or 18.3% – up …
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