Sportsbook

Denmark sets up new tax framework

Denmark’s political parties have come to a majority agreement regarding amendments to the nations gambling laws. The changes will see Denmark change the period of duty payments for online betting and casino operators from weekly to monthly periods. Licensed online gambling operators will be expected to file tax duty’s by the 15th of each month directly with the Danish Gambling …

Read More »

Betsson AB settles earn-out dispute with Nordic Gaming Group founders

European sports betting operator Betsson has settled its payment and earn out dispute with the former owners of Nordic Gaming Group (NGG), the online betting operator it acquired in 2012. NGG officials had claimed that Betsson had breached the earn out conditions of the 2012 deal, disputing an additional purchase reward of €20 million subject to the company’s future performance …

Read More »

Winner CMO Yoni Sidi departs to set up new agency

Winner’s Chief Marketing Officer Yoni Sidi has left the betting operator to set up igaming marketing specialist agency Market Box Media. Sidi leaves the Playtech PT Entertainment subsidiary after two and half years of service, heading up the online betting operator’s player acquisition and marketing divisions. Speaking to industry news source EGR Magazine Sidi confirmed that he had left the …

Read More »

Ladbrokes withdraws from multiple European markets

UK betting operator Ladbrokes Plc has confirmed that it will no longer accept wagers from Russia, Finland, Portugal and Romania following a 2014 regulatory operational review. The operator sent a conformation to its customer base that it would no longer service or accept traffic from the countries, due to changes in European and UK online gambling legislation which the betting …

Read More »

H2 Capital publishes Australian online gambling consumer study

Gambling data specialists H2 Gambling Capital have conducted a comprehensive study on Australian consumer online gambling trends and habits. The study undertaken looks to provide further tacit details on Australian gambling consumers focusing on Who Australian online gamblers are? Why they gamble? What products they gamble on? The study shows that Australian gambling consumers spend about AUS $17.52 (£9.50) per …

Read More »

US online gambling & betting efforts set to regroup in 2015

Efforts to liberalise the US online gambling market stalled in 2014 with no new states joining New Jersey, Nevada and Delaware in allowing online gambling services and regulatory policies. The lack of progress witnessed in 2014 has underwhelmed pro gambling campaigners and international operators eyeing market entry. Furthermore the poor revenue performance of the three online gambling states, has further …

Read More »

Bwin to sell its social business at a €7m loss

Bwin.Party is close to selling its social gaming business and is in continuing merger talks with other parties. In a pre-close trading update, the firm revealed that it is in ‘active discussions’ regarding the sale of Win, the group’s social gaming business, and that it expects to make a further announcement shortly. The company had announced a huge expansion into …

Read More »

500.com board restructure sees Jeffery R. Williams appointed as independent director

Chinese online sports lottery operator 500.com has announced the appointment of Jeffery R. Williams as new Independent Director. 500.com further announced that the appointment will see Williams join the operators Audit committee for the Board of Directors. Williams will become the first non-Chinese member of the 500.com board of directors. Williams has a deep knowledge of Asian banking and investment …

Read More »

Black Boxing Day as bookies take £30 million battering!

UK bookmakers had a Boxing Day to forget as they took a combined £30 million hit on Friday’s football fixtures, making it a very merry time of year for football betting punters. The football fixtures on Friday 26 December saw all betting favourites win their respective matches, as bookmakers cashed out thousands of pounds on winning bets and accumulators. Coral …

Read More »

William Hill CMO Kristof Fahy to depart in April 2015

UK sports betting operator William Hill, will be seeking a new Chief Marketing Officer as the company announced that Kristof Fahy would be leaving the company in April 2015. Fahy leaves the operator after five years’ service, having joined the company from Yahoo were he served as Vice President of  International Marketing. Having joined William Hill in January 2010, Fahy …

Read More »