Sportsbook

Coral & Betfair stung by false match

Sports betting operator Gala Coral and betting exchange  Betfair is voiding bets on a football match after being notified that the event did not take place. The betting  operators had taken wagers on a friendly match between Spain’s Ponferradina SD and Freamunde of Portugal. Ponferradina had withdrawn from the fixture and had been replaced by another football team who played …

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Fortuna secure Slavia Prague shirt sponsorship

Eastern European focused sports betting operator Fortuna announced the confirmation that it had become official shirt sponsor of Czech Republic ‘Gambrinus Liga’ football club Slavia Prague. The betting operator announced an undisclosed three year deal with the Prague football team. Zdnek Lang, Marketing Director of Fortuna commented on the shirt sponsorship deal: “Fortuna believe in Slavia’s potential, we want to …

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Bet365 Australia reports AUS $40.8 million losses for 2014

Bet365’s Australian business division reported a yearly loss of AUS$ 40.8 million (£22.3 million). The losses amounted by the division were filed with the Australian Securities and Investments Commission. The Darwin licensed betting and gaming division began operations in 2012, in its three years in existence Bet365 Australia has accumulated total net losses of AUS$ $77 million (£42.2 million). The …

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SBTech wins TGP Europe sportsbook platform deal

SBTech announced an exclusive multi-year deal with TGP Europe Ltd. To provide a turnkey sports betting solution for thecompany’s white label operation, including leading UK bookmaker JenningsBet. TGP Europe is owned by TGP Holdings part of the Sun City Group, the largest provider of live dealer casinos in Asia, making the deal a significant step in SBTech’s progression into the …

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Coral go big on football

UK sports betting operator,Coral announced  its biggest ever football trading offer: A guarantee to offer the top price on every team to win the top four divisions in England, the top two Scottish leagues and the big four European leagues (Serie A, La Liga, Ligue 1 and Bundesliga). Coral will match or better the top price on every team across …

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Brian Mattingley –sports betting is a big opportunity for 888

Speaking to industry and financial analysts at the 888 Holdings’ ‘Earnings Call’ on Tuesday 5 August, CEO Brian Mattingley and Chief Operating Office Itai Frieberger gave further insight into the operators ambitions with regards to its sports betting product – 888 Sports. 888 Gaming’s Emerging Offering channel, which incorporates its 888Sport sportsbook, saw an increase of 15% to $7m for the second …

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World Cup worth £16m to Unibet

Swedish-based operator Unibet generated gross winnings of £16m during the World Cup, according to the firm’s interim results, with £9.5m generated in June and £6.5m in July. Almost half of Unibet’s turnover during the World Cup came from live betting, a figure much lower than the operator’s usual operations. While Unibet had a comprehensive pre-match offer with over 350 bet …

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Doubling up down under

A year after acquiring tomwaterhouse.com, William Hill Australia said it has nearly doubled operating profit. The group’s interim results for the first six months of the year record gains in wagering, unique actives, and new accounts. Cost per acquisition was down 36 per cent during the same period. William Hill Australia now accounts for seven per cent of total revenue, …

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SIS strengthens its content streaming capabilities

Broadcaster Satellite Information Services (SIS) has established an ongoing relationship with Level 3 Communications Inc., one of the largest content delivery network providers in the world. The firms describe this as ‘a significant agreement between two market leaders’ and facilitates the delivery of SIS’s existing and future rights-based streamed betting content services over a global network. This relationship emphasises SIS’s …

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William Hill has great potential in digital world

William Hill‘s new Chief Executive Officer James Henderson has proclaimed that the firm’s potential in the digital world is both exciting and challenging. He explained: “What excites me most is the potential for the business both in the UK and internationally as well as potential in both the digital world and on a multi-channel basis. We have an outstanding team …

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