Swedish gambling operator Svenska Spel has confirmed that it will make an advanced payment of SEK 20 million to its grassroots sports initiatives following a number of concerns over COVID-19. Svenska Spel’s Gräsroten initiative has been running over seven years, and usually distributes funds to the grassroots initiatives in November of each year. The payment will now be divided into …
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Smarkets – Lockdown sees politics take centre stage
Smarkets has seen a ‘considerable uptick’ in wagers on political events this March as punters turn their attention to politics following COVID-19’s postponement of the sports calendar. The online betting exchange detailed that it recorded £1.1 million wagers across its political markets, representing a 95% increase on February trading of £580,000. Excluding months leading up to the UK general elections, …
Read More »GiG finalises sale of B2C assets to Betsson
Gaming Innovation Group (GiG) has confirmed that it has completed the sale of its B2C assets to Betsson Group in a €33 million deal. The sale include the operator brands Rizk, Guts, Kaboo and Thrills and related operational entities which will continue to be operated on GiG’s platform for a minimum of 30 months. For the first 24 months, it …
Read More »All eyes on DraftKings April IPO call
Amid global COVID-19 disruptions, US analysts are monitoring DraftKings developments closely as the DFS and sportsbook operator pursues its 2020 agenda of listing on the US Nasdaq exchange this April. This morning, the firm published the following statement which read: “We are pleased that our registration statement was declared effective by the U.S. Securities and Exchange Commission this morning, which …
Read More »Scout Gaming rolls out esports betting
B2B fantasy sports platform provider Scout Gaming has moved to expand its portfolio. confirming the launch of its esports betting offering across its network of partners. Launching its new vertical, Stockholm-listed Scout Gaming underlines that it is committed to expanding its availability of esports content during the coming weeks, as industry incumbents navigate COVID-19 disruptions. The esports offering will be …
Read More »MGA and FIAU combat money laundering with Memorandum of Understanding
The Malta Gaming Authority (MGA) has confirmed that it has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU). The MoU will specifically focus on improving the sharing of information on the areas related to the supervision of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), provided for by the Prevention of Money Laundering …
Read More »Kiron strengthens SBTech partnership
Kiron Interactive has agreed to integrate its BetMan platform with SBTech, making its entire portfolio of virtual games available to the technology and systems provider. Under the terms of the agreement, Kiron has agreed to add a range of virtual sports events, number games and esteemed football content, including its brand-new football product, GOAL, to the existing offering. Steven Spartinos, …
Read More »RETAbet signs Golden Race virtual sports integration deal
Spanish operator RETAbet has reached an agreement to integrate any game from the Golden Race virtual sports portfolio, initially for the Spanish and Peruvian markets but in a deal open to future expansion. The Golden Race content offer includes more than 20 virtual football leagues and tournaments, a great variety of races and number games, as well as other innovative …
Read More »GiG adds virtuals as part of 1X2 Network deal
Gaming Innovation Group (GiG) has confirmed the launch of virtual sports betting as part of a partnership with 1X2 Network which will further extend its sportsbook solution and offering to operators. GiG’s new virtual portfolio includes instant horse racing, greyhound racing, trotting, Velodrome, speedway and football, as well as scheduled horse racing and tennis. Chris Armes, chief information officer at …
Read More »BetVictor terminates its Isthmian amateur football profile
The Isthmian Premier League has issued a statement confirming that BetVictor has opted to terminate its title sponsorship agreement which covers its syndicated leagues. Established in 1905, the Isthmian League is a regional men’s semi-pro football association formed by amateur clubs across London, the East and South East of England. Last summer, Gibraltar-based bookmaker BetVictor secured a two-season deal to …
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