Sportsbook

The latest sportsbook news for the gambling industry.

MGA cancels Playbay Malta licence over ‘systemic deficiencies’

SBC News MGA cancels Playbay Malta licence over ‘systemic deficiencies’

The Malta Gaming Authority (MGA) has cancelled the licence of Playbay Malta Limited, which operates HDbets.com, after the regulator identified ‘systemic deficiencies’ in its adherence of AML/CFT obligations. As part of the ruling, Playbay Malta will no longer be authorised to carry out any gaming operations, register new players or accept new customer deposits. However, the regulator specified that it …

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UKGC creates social media advertising guidance via Facebook link-up

SBC News UKGC creates social media advertising guidance via Facebook link-up

The UK Gambling Commission (UKGC) has broadened its reach to social media users after partnering with Facebook to create guidance aimed at limiting the number of gambling-related adverts that users see. The guidance will aim to mitigate the risk associated with gambling-related messaging and advertisements on social media. It will offer information on how users can utilise Facebook’s safety tools …

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Genius Sports calls for Vilnius recruitment drive to support its global duties

SBC News Genius Sports calls for Vilnius recruitment drive to support its global duties

Genius Sports is recruiting for ‘multiple roles’ within its ‘Vilnius Lithuania development hub’ to support the sports tech firm’s global operations and future growth projects.    Updating the media, Genius confirmed that it has launched a new hiring programme to bolster the capacity, talent and resources of its Vilnius tech support and development units.    Genius has operated its Vilnius tech hub …

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Caesars makes early £2.9bn play on William Hill takeover

SBC News Caesars makes early £2.9bn play on William Hill takeover

Caesars Entertainment has confirmed that it will move forward with an initial £2.9 billion ($3.7bn/€3.3bn) offer to acquire US wagering partner William Hill Plc outright. Closing Friday trading, William Hill confirmed to markets that Caesars alongside US private equity fund Apollo Global, are the two suitors seeking to buyout the heritage UK bookmaker. Caesars has confirmed that it has concluded …

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EGBA: Industry MoU working on protecting European IP rights

SBC News EGBA: Industry MoU working on protecting European IP rights

The European Gaming and Betting Association (EGBA) has welcomed a new report published by the European Commission (EC) which has found a significant reduction in ‘unintentional advertising on intellectual property rights infringing websites’. The report analysed the impact of an industry-led Memorandum of Understanding (MoU), initially agreed in 2018, which ‘was established with the purpose of limiting advertising on websites, …

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‘No love lost’ for Cloudbet with zero-margin odds extension

SBC News ‘No love lost’ for Cloudbet with zero-margin odds extension

Cloudbet, a crypto sportsbook and casino operator, has agreed to extend its zero-margin odds campaign for the forthcoming French Open which gets underway this weekend at Roland Garros, Paris. The Grand Slam tournament for tennis’ clay-court season, the Roland Garros French Open, had been rescheduled to late September following the cancellation of all ATP and WTA tournaments in April. As …

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OVWG urges Austria not to miss the boat on 2021 reforms

SBC News OVWG urges Austria not to miss the boat on 2021 reforms

Claus Retschitzegger, President of The Austrian Association for Betting and Gaming (OVWG), has called for sports and betting leaders to unite behind Austria in adopting a ‘modern online gambling licensing system’. The OVWG published a statement calling for Austrian sports and parliamentary leaders to begin discussions on developing a modern governance framework for online gambling and sports betting services which …

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Ladbrokes launches 5-A-Side accas as lead Premier League offer

SBC News Ladbrokes launches 5-A-Side accas as lead Premier League offer

Ladbrokes has launched a ‘first-of-its-kind’ accumulator bet, available to its football punters, which will allow them to build their own 5-A-Side team for any Premier League match day.  Delivering a new innovation to its accumulator offers, Ladbrokes will enable its players to choose from one of six team formations and pick five from nine types of player to build a …

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GVC announces new athlete roster of SportsAid ‘Pitching In’ investment programme

SBC News GVC announces new athlete roster of SportsAid 'Pitching In’ investment programme

SportsAid Week 2020 (21-27 September) sees GVC Holdings announce the 51-young athletes the FTSE firm is supporting through its partnership with SportsAid. GVC and SportsAid enter year-2 of their strategic collaboration, initially formed through the GVC Foundation which appointed SportsAid as lead sports beneficiary of GVC’s £2 million ‘community fund’. New partnership objectives, see GVC brand SportsAid as a keystone …

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René Jansen: KSA will implement the strictest KOA licensing procedure 

Rene Jansen KSA

René Jansen, Chairman of Kansspelautoriteit (KSA), has stated that the Netherlands gambling regulatory authority will have the necessary resources to deal with an influx of applications seeking to join its new online gambling marketplace. Jansen made his statement, addressing delegates of the ‘Gaming in Holland’ conference on 22 September, underscoring that despite a three month delay in launching its licensing …

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