Sportsbook

William Hill on the prowl with 888 the prey

Online casino operator 888 has seen its share price jump by 18% after it revealed that William Hill has been considering making a move for the company. Shares in 888 rose 26.5 pence to 171.5 pence at the close of trading in London, valuing the company at about £608m. In a regulatory announcement, 888 told the stock market: “The Board …

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Smarkets boss says value crucial for betting exchange success

Smarkets CEO Jason Trost is hoping to carve out more business for his betting exchange by keeping its commission charges low. In an interview with February’s edition of Betting Business interactive, Trost said that sports betting customers will continue to become more informed and more demanding, meaning that the value offered by companies will be crucial towards success. He explained: …

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NBA chief trying to persuade other sports on betting legalisation

Outspoken NBA Commissioner Adam Silver has been trying to persuade other US sports to take a look at legalising sports betting in order to bring all the illegal betting that currently takes place in to a transparent and regulated environment. Speaking with ESPN, Silver suggested that the other sports were willing to at least take a look at his idea. …

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Match fixing groomers ‘almost like paedophiles’

The International Cricket Council (ICC) has apparently waged war on live betting ahead of the Cricket World Cup, and warned that anyone caught breaking the rules would be barred from the whole tournament. Speaking to the media at the end of last week, Sir Ronnie Flanagan, head of the ICC’s anti-corruption and security unit, said that ‘pitch-siding’ went ‘far deeper’ …

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Police swoop on betting racket before Assembly elections

Indian police have cracked down on a gambling racket that took bets on the outcome of elections, just as the people of Delhi were about to go to the polls to decide the make up of its governing Assembly. According to The Hindu news source, Noida Police swooped on Friday, arresting 17 people from Greater Noida’s Kulesara after a tip-off …

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Record Q4 performance sees Betsson AB hit all 2014 targets

European sports betting operator Betsson AB reported its highest ever quarterly revenue performance (Q4 2014) of SEK 814 million (£64 million) as the operator closed 2014 strongly. Betsson recorded Q4 2014, EBIT of SEK 256 million (£20 million), which helped maintain a strong net income performance of SEK 243 million (£19 million). The operators strong quarterly performance was driven by …

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German bookmakers told to stop amateur football markets

The German bookmaking trade body DSWV has advised all betting operators in the country to stop taking bets on all German amateur football leagues as part of its commitment to the protection of minors and to sports integrity. DSWV president Mathias Dahms said: “With this recommendation, we want to set an example to initiate dialogue with the sport and the …

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Betway becomes West Ham United principal sponsor

Betway has announced a long-term partnership with West Ham United which will see the company become the Club’s new principal sponsor, replacing bankrupt currency and spread betting firm Alpari The deal will see the Betway logo feature on the front of all of the Club’s senior teams’ playing shirts and trainingwear, starting with Sunday’s first-team fixture with Manchester United, along with naming …

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Six Nations signs integrity monitoring deal

Six Nations Rugby Limited signed a three year service agreement with Sportradar under which the next three editions of the senior Men’s, Women’s and U20s Six Nations Championships will be monitored by Sportradar’s Fraud Detection System. Sportradar, which already works with the Rugby Football Union and the Australian Rugby Union, will employ its FDS to monitor the global betting patterns …

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Golden State Warriors partner with DraftKings

The Golden State Warriors and DraftKings, the largest U.S.-based destination for daily fantasy sports, today announced a partnership making DraftKings the official sponsor of Warriors Slate Night. The partnership also covers additional sales and marketing elements. “As we continue to look for ways to further engage our fans, partnering with fantasy sports leaders like DraftKings makes perfect sense,” said Warriors …

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