Sportsbook

Tabcorp Holdings will write down its wagering and media business by at least AUD $1 billion (€605m) as a result of COVID-19 shutdowns and ‘the possible acceleration of retail contraction’. The company made its statement in a filing to the ASX Exchange, in which it revealed that it had undertaken a ‘review of assets’ in which it expects to incur …

Olympic Entertainment Group AS (OEG) has confirmed that its flagship betting brand Olybet will become the official betting partner of the National Basketball Association (NBA) across Estonia, Latvia, Lithuania and Slovakia. The partnership will be promoted across more than 100 casino and retail locations in the region and on OlyBet’s and the NBA’s social and digital assets. In addition, OEG …

The board of GVC Holdings has issued a statement dismissing ‘press speculation’ regarding HMRC’s investigation of its disposed former Turkish wagering subsidiary. GVC underlined that HMRC’s investigation is strictly focused on ‘former third-party payment service providers’ whose only link to GVC was the provision of payment services for its former Turkish-facing business.  This July, HMRC confirmed that it had launched …

Free-to-play sports-game provider SportCaller has continued to grow its presence in the US market after entering into a new partnership with Betfred USA Sports. Capitalising on Betfred USA Sports’ partnership with the Denver Broncos, SportCaller will launch an weekly free-to-play series whereby players can sign up for free and ‘have the chance to compete for bragging rights and win up …

Football Index has strengthened its responsible gaming frameworks and customer affordability checks by partnering with the beBettor platform.  The online stock market for professional football will utilise beBettor’s ‘geo-affordability data’ solution to verify its new and existing players on customer affordability checks, safeguarding its business against gambling-related harms.  Updating stakeholders, Football Index stated that it has selected beBettor as its …

Luckbox has revealed its final IPO schedule, as the esports bookmaker anticipates an early October listing on the Toronto TSX Ventures Exchange (TSXV). Updating investors, the Isle of Man-based operator confirms that it has closed its pre-IPO bookbuild, securing back-to-back oversubscribed funding rounds raising a total of CAD $5 million (€3.3m). Luckbox management states that the ‘significant upsizing’, is a …

The newly formed Esports Entertainment Group has strengthened its executive leadership ranks after confirming the appointment of Jeff Cohen as Vice President of Strategic Planning and Investor Relations. A seasoned Wall Street executive, Cohen is the former equity analyst lead for private investment fund Stephens Inc, covering esports, gaming and further entertainment sectors. Cohen has maintained further IR experience having …

Betting exchange Smarkets has been given the green light to begin operating in Sweden after gaining the necessary approval from the country’s regulator, Spelinspektionen. Smarkets will become the second license betting exchange in Sweden, and will see the exchange offer markets on sport, politics and current affairs. Commenting on the new licence, Jason Trost, Smarkets CEO/Founder, said: “We know that …

Sportradar has been named the Official and Exclusive Data Partner to Badminton Europe (BEC) for all competitions after signing a comprehensive agreement with the governing body. The multi-year agreement will increase Sportradar’s scope of work with the governing body and adds to the betting and broadcast partnership that has been in place since 2015. Under the terms of the agreement, …