Sportsbook

The Australian Federal Police have decided to close a three-year inquiry into lotteries and betting operator Tabcorp due to the lack of evidence. The investigation, which led to the resignation of Chief Executive of the Australian Securities Exchange (ASX) Elmer Funke Kupper, was looking into bribery charges made against Tabcorp Holdings, relating to a $200,000 payment made to family members …

Stockholm-listed Betsson AB has announced that it will pursue issuing a new senior unsecured bond, seeking to raise minimum debt funding of SEK 500 million (€47 million) tp help the firm’s ongoing expansion initiatives. Updating investors, Betsson governance has instructed Scandinavian investment banks Nordea and Swedbank to act as joint book-runners, leading the transaction’s investment procedures. Betsson governance discloses that …

Issuing a market filing, Frankfurt Xetra-listed betting group bet-at-home AG has disclosed to corporate investors that it anticipates paying €11.9 million tax back charges sanctioned by Austria’s tax authority. The DACH region operator states that its tax demand is attached to its wholly-owned Austrian subsidiary ‘bet-at-home.com Entertainment, Linz, Austria’. The Frankfurt betting group attributes its demand to Austrian tax audits …

The UK Gambling Commission (UKGC) has issued a reminder to its remote operating licence holders regarding their obligations relating to compliance when operating gambling websites, including white labelled sites. The regulator has warned white label solutions providers that they hold the responsibility for the actions of their clients and that requirements on compliance – ‘cannot be transferred to any other …

This weekend sees Betsson debut as the lead sponsor and betting partner of the Svenska Hockey League (SHL), Sweden’s highest tier of professional ice hockey. Secured in 2018, Betsson replaces state gambling monopoly Svenska Spel as the SHL’s main sponsor, undertaking the group’s ‘biggest ever sports sponsorship commitment’. The partnership sees Betsson undertake a number of responsibilities, moving its sponsorship …

Norway’s gambling authority Lottstift has written to national media operators, warning incumbents that it will not tolerate the publishing of betting odds or promotion of online betting brands towards the general public. Writing to national media stakeholders, Lottstift emphasises news publishing as a specific concern which it seeks to address, stating that publishers have allowed newspapers to print odds in …

Ladbrokes has moved to enhance its Irish sports status by confirming the appointment of former Republic of Ireland striker Kevin Doyle and former Munster and Ireland Rugby blindside flanker Stephen Ferris as Brand Ambassadors. Doyle and Ferris join middleweight boxer Jason Quigley and champion jockey Paul Townend as Ladbrokes Ireland expands its ambassadorial stable. The quintet is set to engage football, …

1xBet has reacted to customer demand by moving a growing set of political betting markets to a different section of its B2C website.  The new section of the website, said the company, was prioritised after users showed particular interest in the political betting markets on offer, while the layout has been “designed to be as informative and user-friendly as possible”.  …

FSB Tech has ranked as the thirteenth fastest growth UK enterprise in The Sunday Times ‘Tech Track 100’. Updating every year, the Tech Track 100 lists an index of the UK’s fastest-growing tech organisations, with experts judging a number of key criteria including year-on-year sales performance, technology development, operational management and market proposition. Generating a progressive year-on-year sales rise of 175% …