Sportsbook

NBA Commissioner wants sports betting legalised

NBA Commissioner Adam Silver has broken ranks from the rest of the US sports fraternity again and called for sports betting to be legalised and regulated. In an Op-Ed piece for the New York Times, Silver said that the country needed a different approach to the current prohibition. Silver, who has spoken of his support for sports betting before, commented: …

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mybet back on track after improved 2014 performance

German sports betting operator mybet Holding SE reported a 6.1% revenue increase of €52.3 million (2013 – 49.3 million) for its 2014 financial performance (nine months through to 30 September). The operator’s improved performance had been driven by a 23% revenue increase to €30.1 million (2013 – €24.5 million) recorded in its sports betting division. Revenue from horse betting increased …

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Betway to launch Cash-Out functionality

Betway are set to be the latest sports betting operator to introduce a cash-out feature to its sports betting vertical. Betway had revealed to industry news source – EGR Magazine that the product function will allow its customers to take out winnings or cut their losses during live events is currently under final testing Betway cash-out will be allowed on …

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Betdigital appoints Professor Walter Patterson for compliance guidance

Betdigital has appointed government and technical consultant Professor Walter Patterson to ensure compliance with regulatory frameworks across jurisdictions in which the company operates. His work for various government bodies is internationally focused and includes analysis of performance data in educational systems. Betdigital’s newest recruit also holds an Honours degree in Mathematics and Statistics and a Masters in Operational Research. His …

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Sam Cooke – A helping hand part 2 – tipping sites worth a visit

At SBC we like to ensure you’re provided with a full analysis on any given subject. We aim to leave no stone (or betting tipping site) unturned. As such, below is the second part of the feature tipping sites worth a visit. If the first six were just enough to whet your appetite, these should fill you up. BettingExpert www.bettingexpert.com …

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Perform Group to de-list as Access Industries takes over

Perform Group is to be de-listed from the London Stock Exchange following reports that private investment group Access Industries is set to acquire the media rights and data operator. In September Access Industries lead by US billionaire Len Blavatnik had begun its pursuit of Perform Group, offering a + £700 million cash offer to company shareholders. Perform Group governance appealed …

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Winner Sports’ aggressive marketing paying off

Analysis from online betting service and affiliate Freebets.com shows Winner Sports heading the competitive enhanced odds offers arena for the second successive month. An appealing sign-up offer which entitles qualifying customers to a 400% bonus on their first bet is one of the best around, but the bookmaker combines promote enhanced odds for new customers on high-profile sporting events throughout …

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Bwin admits to talks amid rumours of £1.2bn takeover

Bwin.party has admitted to the stock markets that it has been looking at a variety of different partnerships as it looks to create value for shareholders, as rumours persist that the Amaya Group has been making moves to snap up the operator with a £1.2bn takeover offer. In a statement, it revealed: “Further to recent media speculation regarding a possible …

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Playtech plans €315 million convertible bond for acquisitions

Igaming technology provider Playtech announced plans to raise €315 million (£250 million) in convertible bonds in order to fund potential corporate acquisitions. The Israeli gambling technology provider stated that the convertible bonds would be used to increase funds and ease mechanisms for future acquisitions. Playtech added that it had identified a set of potential opportunities that would create ‘significant value …

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BetVictor appoints Andreas Meinrad as new CEO

Gibraltar based sports betting operator BetVictor has announced the appointment of Andreas Meinrad as new Chief Executive Officer. Meinrad joins Betvictor operations having served as Chief Commercial Officer for bwin.party. The operator informed its staff of the appointment, Meinrad is set to join BetVictor operations in 1 February 2015. Meinrad has held numerous senior management positions at bwin.party sports betting …

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