Sportsbook

The latest sportsbook news for the gambling industry.

GVC ups 2020 forecasts following rapid recovery across all core markets

SBC News GVC ups 2020 forecasts following rapid recovery across all core markets

GVC Holdings has predicted that its earnings for the year will be £50 million ahead of previous expectations, as online wagering continues to drive the operator’s performance. Publishing its Q3 trading update for the period 1 July to 30 September 2020, GVC reported that it had achieved its ‘nineteenth consecutive quarter of double-digit online growth’, with total online net gaming …

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Know Your Player… African betting can transition to risk-based-approach 

SBC News Know Your Player… African betting can transition to risk-based-approach 

Meeting an increase in consumer demand and operating scale across multiple markets, African operators are being pressured to significantly upgrade their customer KYC provisions. The ‘Know Your Player’ panel at the SBC Digital Summit Africa observed that African betting will have to overcome ‘distinct market peculiarities’ in order to find a common approach on KYC as a corporate discipline. Robert …

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Luckbox appoints Lachlan Thomson to lead new marketing drive

SBC News Luckbox appoints Lachlan Thomson to lead new marketing drive

Luckbox has confirmed the appointment of Lachlan Thomson at its new Head of Performance Marketing, leading the esports wagering platform’s planned aggressive marketing drive.  An expert in sports betting and esports disciplines, Thomson is the former Head of Brand Communications for Seattle-based esports entertainment group Unikrn (2018-2020). Taking control of Luckbox’s player acquisition verticals, Thomson will be a key stakeholder …

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Betfair advances Colombian vision with BtoBet

SBC News Betfair advances Colombian vision with BtoBet

BtoBet, the new sportsbook technology subsidiary of Aspire Global, has further expanded its position in Latin America through a partnership with Betfair in Colombia. The agreement, which aims to further strengthen BtoBet’s position in Colombia, will see its sports and PAM platform, Neuron 3, become even more widely available in the jurisdiction. After the regulation of the Colombian market in 2016 BtoBet has …

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Eyas Gaming to target regulated German market

SBC News Eyas Gaming to target regulated German market

Three industry veterans have teamed up to launch Eyas Gaming, a new venture which will aim to target the newly regulated German online gambling market. Eyas Gaming will be led by Joe Saumarez-Smith, Michael Brady and Adam Joseph, who have outlined plans to launch an online gaming offering in July 2021. Joe Saumarez Smith, Chairman of Eyas Gaming, stated: “The …

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MGA makes it mandatory to report suspicious betting activities

SBC News MGA makes it mandatory to report suspicious betting activities

Under new rules released by the Malta Gaming Authority (MGA), sportsbook operators will be required to report any suspicious betting patterns from 1 January 2021. The new requirements follow a seven-week consultation which sought to gather feedback on the proposed Suspicious Betting Reporting Requirements alongside a series of other measures. The MGA stated that it plans to make its Suspicious …

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Bookmakers raise the alarm over French Open integrity

SBC News Bookmakers raise the alarm over French Open integrity

Concerns have been raised over the integrity of a women’s doubles match during the ongoing French Open, after a number of bookmakers reported suspicious betting activity on the game. According to Germany’s WELT newspaper, a police investigation is ongoing following an influx of bets worth hundreds of thousands of euros were placed during the first round match between Andreea Mitu …

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Ukraine publishes remit and objective of first Gambling Commission  

SBC News Ukraine publishes remit and objective of first Gambling Commission  

Ukraine’s Rada has sanctioned a series of ‘secondary laws’ to accompany its formally approved ‘Gambling Law’ mandate, establishing the foundation of Ukraine’s first-ever ‘Gambling and Lottery Commission’ (UGLC). Closing September proceedings, Rada ministers approved a secondary decree ‘on the formation of a gambling and lottery commission’, which will serve as the state’s legal entity to monitor licensed gambling activities and …

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Norwegian regulator supports ‘holistic regulation’ to maintain player protections

SBC News Norwegian regulator supports ‘holistic regulation’ to maintain player protections

Lotteritilsynet, Norway’s gambling regulator, has reaffirmed its belief that proposals for a new common gambling law will facilitate ‘a more holistic regulation of the Norwegian gambling market’. Responding to the Ministry of Culture’s consultation on regulatory reform of the gambling industry, Lotteritilsynet stated that a reform is needed which ‘will ensure responsible gambling’. Earlier this year, Abid Raja, Norway’s Minister …

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