Sportsbook

ESSA Report: Tennis triggering integrity concerns

Tennis has triggered the most betting integrity alerts over the past quarter, accordinding to ESSA‘s second quarterly integrity report which details the level of suspicious betting activity detected on the markets of some of the world’s major regulated betting operators. Overall, during the second quarter of 2015, ESSA members raised 73 alerts of which, after detailed examination, 23 were found …

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Skillz adds Live Events Platform to facilitate eSports competitions

Mobile eSports developer Skillz, has announced the addition of its new live events platform. This will ensure that any users can organise mobile video game tournaments and competitions, and moreover, they can live stream them to any device. The implications of this are that charities, restaurants, bars, non-profits and virtual venues can host their own eSports competitions, either for cash …

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TopBetta seeks September ASX listing

Australian wagering and fantasy sports operator TopBetta is set to list on the Australian Securities Exchange (ASX) as its seeks to raise between AUS $5 – $7 million in investment. The company has targeted a September listing, as it seeks to fund its expansion within the burgeoning Australian online betting market. TopBetta governance stated that it would use its hybrid …

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Isle of Man on recruitment trail after depature of Peter Greenhill

The Department of Economic Development has announced that Peter Greenhill is leaving his role as Director for e-Business Development following the conclusion of his 2 year contract to take up a role within the private sector in the Isle of Man. The Isle of Man is considered to be one of the leading locations in the world for e-Gaming companies …

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GBGA challenge sees POC tax referred to EU courts

The European Court of Justice should be referred to on important issues concerning the legality of a tax imposed on overseas gambling operators, according to a judgment handed down by the High Court, which could have major implications for the UK’s point of consumption regime. Law firm Olswang has claimed that if the current tax framework is found to be …

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FanDuel secures $275 million with Google & Time Warner as Series E investors

Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm  Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …

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Matchbook furthers sponsorship of Brentford FC

Online betting exchange Matchbook.com has furthered its exciting partnership with West London football club Brentford FC, by becoming ‘The Bees’ official shirt sponsor for the 2015/2016 Championship season. Brentford FC CEO Mark Devlin unveiled the club’s new shirt and sponsor for the upcoming season. Devlin revealed that the partnership with Matchbook.com, represented the biggest sponsorship deal in the club’s history, …

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888 prepares final approach for bwin.party

This week marks a crucial chapter in the battle for bwin.party Entertainment, as industry analysts expect 888 Holdings to counter the £906 million reverse takeover offer put forward by GVC Holdings. At present GVC are thought to be front runners in the acquisition, as last week bwin.party governance confirmed the £908 million cash and new shares bid, which values bwin.party …

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Sporting Index unveils new desktop site

Spread betting operator Sporting Index has launched an all new-website for desktop users featuring partial cash-outs, quick filters and improved functionality to manage positions. A period of deep analytical study of customer journeys was launched in July 2014 by the spread-betting firm, which led to the first phases of development in early December 2014. Key feedback from clients including faster …

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Alderney Court shuts down 666Bet

The UK Gambling Commission has informed the public that embattled sports betting operator 666Bet has been compulsorily wound up by its holding company Metro Play Limited. The company had been served an Alderney Court Order on 2 July forcing it to close its remaining operations and begin the liquidation of existing assets. The Alderney Court has informed that KPMG Channel …

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