Esports is one of the fastest growing entertainment sectors in the world today, with industry revenues set to grow to over £930m this year, according to a report by market intelligence firm Newzoo. With the industry starting to take shape, it is imperative that the betting industry conforms to the scene in order to fully maximise the sector’s huge potential. …
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Sports betting supplier Wiseodds has confirmed the launch of its new ‘skill-based peer-to-peer platform’ which will combine the social element of online poker with sports betting. The new platform allows punters to compete against one another in ‘poker-inspired rooms’ to predict the outcome of sporting events. Lilit Nikoghosyan, Head of Operations at Wiseodds, said: “We’re delighted to announce the launch …
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The UK Gambling Commission (UKGC) has undertaken a review into the licence of International Multi-Media Entertainments Limited, which operates lottery betting site Lotteries.com. The suspension, which is effective immediately, comes after the operator was found to be in breach of the Commission’s AML and social responsibility protocols. “We have instructed the operator to ensure that it facilitates customers’ accessing their …
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As US election candidates continue on their campaign trail across the States, former Vice President Joe Biden has become one of the front-runners in the Democrats leadership race. SBC spoke to Smarkets’ Head of Political Markets Sarbjit Bakhshi, who explained some of the reasons behind Biden’s popularity, and why it could be a very volatile election come November time. SBC: …
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The Stars Group said that Q1 2020 trading is currently ‘ahead of expectations’, but the Toronto TSX-listed enterprise anticipates encountering near-term COVID-19 disruptions. Updating investors today, Stars Group explained that it has maintained ‘strong underlying momentum’ within its UK (Sky Bet) and Australia (BetEasy) divisions, which gives it confidence that a sequential improvement in quarter earnings will be delivered. “Overall, …
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UK Schools Minister Nick Gibb has confirmed that the Department of Education (DoE) will roll-out a new compulsory curriculum to educate teenagers on gambling harms and debt-related matters. The gambling curriculum will be implemented from next September across UK secondary schools, forming part of the compulsory ‘Personal, Social, Health and Economic’ (PSHE) education programme. The PSHE programme, spearheaded by the DoE, …
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Sports betting service IMG ARENA has announced a long-term, worldwide live betting streaming and betting data rights partnership with the European Volleyball Confederation (CEV). The deal, which covers volleyball, beach volleyball and snow volleyball, allows sports betting operators to access the content across all CEV organised events such as EuroVolley and the Volleyball Champions League. Freddie Longe, Executive Vice President …
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FTSE100-listed Flutter Entertainment has become the first UK betting firm to revise its full-year 2020 corporate guidance. Issuing a market filing, Flutter anticipates that COVID-19 disruptions across core betting territories may result in a £90-110m decline in its group-wide full-year EBITDA results. Flutter governance has predicted that the COVID-19 outbreak will affect operations, as 78% of its group revenues are …
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William Hill’s partnership with charity The Alzheimer’s Society has drawn criticism from MPs and health practitioners stating that betting should hold no connection with dementia, according to a report in The Times. Last spring, a newly relaunched ‘William Hill Foundation’ announced The Alzheimer’s Society as a lead partner seeking to raise the charity £2 million over a three-year period. Helping …
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Leading UK online bookmaker, bet365 has expanded its operating capacity within Manchester after confirming it has taken a five-year lease on a city-centre building. It comes after the online bookmaker launched its DevOPs department in November 2019, which significantly boosted bet365’s operational capacity. “We are thrilled to welcome Bet365 to the final three floors at Core,” said James Whitcher, Asset …
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