New esports wagering incumbent Puntt.gg (Puntt) has announced the launch of its esports betting platform, which seeks to deliver new betting dynamics to esports markets. Merging pool betting dynamics with unique esports match play and tournament characteristics, the Puntt platform believes it can become the leading destination for the burgeoning esports wagering scene. Driving its launch, Puntt detailed that it will …
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Biden and Trump flip-flopping for favouritism in US presidential race
As the US gears up for election season, Donald Trump and Joe Biden are currently joint favourites to become the next President of the United States. Both Trump and Biden are currently trading at 46% on Smarkets to win the presidential election, while Biden remains the clear front-runner in the Democratic race with 89% to Bernie Sanders’ 2%. Trump’s handling …
Read More »Racing Post ups international content to replace shortfall in British racing
The Racing Post has committed to delivering ‘all available global racing content’ to both its customers and partners, as the sport faces an unprecedented time of cancellations and postponements. In light of the COVID-19 pandemic, Racing Post has scaled up its coverage of horse racing content from territories where racing is continuing, including USA, South Africa and Hong Kong. This …
Read More »888 focuses on bolstering safer gambling measures amid COVID-19 crisis
Online gambling group 888 Holdings Plc has predicted that COVID-19 related disruptions will have a ‘single $ digit million impact’ on the firm’s 2020 EBITDA performance. Yesterday, 888 was forced to delay publishing its 2019 results, abiding with an FCA order which sanctioned a two-week moratorium on the publication of results by listed companies. Updating investors this morning, 888 stated …
Read More »UEFA confirms indefinite Finals postponement
UEFA, the governing body of European football, has confirmed that all club finals have been ‘postponed indefinitely’ as a result of the ongoing COVID-19 crisis. Last night, UEFA issued a short statement confirming its decision to postpone its roster of May finals for the Champions League and Europa League tournaments for both men and women’s football. In its update, UEFA …
Read More »Golden Race launches updated virtual platform to help fill sports void
Golden Race has launched the latest version of its fully-managed virtual sportsbook, which it hopes will help to fill the void left by sports postponements. The online betting platform, available on both desktop and mobile, is tailored towards ‘the demands of the players who usually bet on real sportsbooks’ by featuring a variety of virtual sports and games. Users can …
Read More »Malta businesses criticise the country’s COVID-19 rescue package
Malta’s business community and trade unions have urged the government to rethink terms and conditions attached to its €1.8 billion COVID-19 ‘rescue package’. Last week, Malta’s new Prime Minister Robert Abela presented the Labour Party’s COVID-19 economic pledge, focusing on maintaining liquidity of Malta businesses. The Malta Treasury’s headline policy saw the government commit to a €1.6 billion liquidity fund which …
Read More »H2 Gambling Capital predicts 11% drop in gambling revenues
COVID-19 has continued to have widespread impacts on both the sporting and betting industries, with H2 Gambling Capital data revealing that the pandemic has led to a 11% drop in forecasted global gambling revenues in 2020. According to the gambling data specialist’s new weekly COVID Impact Tracker, 2020 global gambling gross win forecasts have been downgraded from $473bn to $421bn. …
Read More »BetWarrior pays out COVID-19 postponed events
BetWarrior has paid out all bets made on events postponed or cancelled by the COVID-19 crisis, allowing punters to regain their winnings even if the competition was to resume later in the year. The deal will only be available for customers who placed a wager before March 12 and ranges from every sporting vertical including the NBA, La Liga, the …
Read More »Eleven Sports scores Belgian domestic football rights deal
Strengthening its media rights portfolio, global sports provider Eleven Sports has been granted live and exclusive rights for Belgian domestic football as part of a five-year agreement. Under the terms of the agreement, Eleven Sports will gain the rights to the Belgian First Division A, the First Division B, the women’s Super League, the Belgian Cup and the Belgian Super …
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