Sportsbook

The latest sportsbook news for the gambling industry.

DraftKings expands Sportradar partnership to launch mobile live streaming

SBC News DraftKings expands Sportradar partnership to launch mobile live streaming

US sportsbook DraftKings  has confirmed that it will collaborate with data provider Sportradar to offer live-streamed sports games within its mobile app. The aim, said the firm, is to provide customers with a seamless entertainment experience in one convenient location. Pursuant to state regulations, DraftKings Sportsbook customers who are logged in to their active accounts and have a wallet balance above $0.00 …

Read More »

Flutter calls for £850m private placement capitalising on disruptions

SBC News Flutter calls for £850m private placement capitalising on disruptions

Flutter Entertainment Plc has this afternoon confirmed that it plans to sanction a private placement of 8 million corporate shares made available to ‘institutional investors’. The enlarged FTSE100 gambling group seeks to raise a further £850 million in working capital, strengthening its liquidity to take advantage of the short and long-term opportunities presented by a disrupted marketplace. Confirming the placement, …

Read More »

Cloudbet makes stablecoin foray with USDT addition

SBC News Cloudbet makes stablecoin foray with USDT addition

Bitcoin sportsbook and casino Cloudbet has made its first foray into stablecoin betting after confirming the addition of USD Tether to its portfolio of available coins. After a month of testing with a small group of players, Cloudbet will now allow punters to deposit, withdraw and bet using the USDT coin. “We’ve accelerated our feature rollouts tremendously, thanks to the …

Read More »

Playtech calls for internal review following PTES failures 

SBC News Playtech calls for internal review following PTES failures 

Playtech will implement a review of the ‘group’s position’ led by Interim chair Claire Milne, in response to the UK Gambling Commission (UKGC) publishing its investigation into ‘systemic failings’ of defunct subsidiary PT Entertainment Services (PTES).  The Board of FTSE technology group confirmed that it ‘takes full responsibility and apologises for the regulatory breaches’, emphasising that the AML and social …

Read More »

Codere records 10X losses seeking vital lifeline 

SBC News Codere records 10X losses seeking vital lifeline 

Embattled Codere SA has published its Q1 2020 trading statement, declaring group-wide losses of €97m as the company continues to seek vital funding for its operating units. The figure represents a 10X increase on its corresponding Q1 2019 losses of €8.6m, as Codere’s European and South American gambling venues have ceased trading due to the COVID-19 global pandemic.  The Bolsa …

Read More »

PMU begins search for President as Méheut steps down

SBC News PMU begins search for President as Méheut steps down

French sports and horse race betting operator Pari-Mutuel Urbain (PMU) has begun its search for a new President after Bertrand Méheut resigned for the position on 26 May. The resignation comes as Méheut expressed his plan to ‘devote himself fully to other professional projects as well as to personal commitments’. Cyril Linette will remain as the Director General, taking responsibility …

Read More »

Betfair secures last minute NRL integrity deal

SBC News Betfair secures last minute NRL integrity deal

Betfair Australia has inked an eleventh-hour deal with the National Rugby League (NRL), allowing punters to bet against each other as the season restarts. The agreement comes despite Betfair’s prediction that its turnover will drop due to its commission being ‘four times more expensive than the AFL’. Reported by the Sydney Herald, Betfair had previously refused to sign an integrity …

Read More »

UKGC publishes customer neglect findings of PTES

SBC News UKGC publishes customer neglect findings of PTES

The UK Gambling Commission (UKGC) has published its investigation findings on defunct online betting group PT Entertainment Services (PTES), the operating company for winner.co.uk and Titanbet (titanbet.co.uk) A Playtech B2C subsidiary, PTES voluntarily surrendered the licences for its entire brand portfolio from the UK market during an investigation by the Commission on suspicion of systemic operating failures.  The UKGC began …

Read More »

Genius Sports teams up with TNM to launch tennis series

TIU bans French umpire for betting breaches

Genius Sports Group has teamed up with Topnotch Management (TNM) to launch the Grand Slam Tennis Tours MatchPlay 120 series. The series will feature players ranked inside the ATP and WTA top 300, offering fans, players, media publishers and sportsbook operators with over 120 live tennis matches across a six-week period. Mark Locke, CEO of Genius Sports Group, commented: “The …

Read More »