Sportsbook

The latest sportsbook news for the gambling industry.

GiG suspends Swedish sportsbooks over ‘lack of clarity’ in regulations

SBC News GiG suspends Swedish sportsbooks over 'lack of clarity' in regulations

Online gambling firm Gaming Innovation Group (GiG) has allegedly halted its sportsbook operations for its proprietary Rizk and Guts brands across Sweden, citing the country’s regulatory framework as the main reason. As reported on igamingbusiness, GiG has argued that the current ‘lack of clarity’ in Swedish gaming laws has meant that the brands will ‘temporarily suspend’ all bets until there …

Read More »

Betfred expansion points towards Spain

SBC News Betfred expansion points towards Spain

Betfred has this morning confirmed that it will enter the regulated Spanish gambling market, having secured DGOJ licences to operate online B2C sportsbook and casino services. Entering 2019, the UK legacy betting group underlined its intentions to launch a Spanish online gambling business, seeking to diversify its market make-up and revenue channels. Confirming Betfred’s Spanish market developments, Group Chief Operating …

Read More »

GVC governance stands by Turkish freeload

SBC News GVC governance stands by Turkish freeload

The governance of FTSE100 gambling group GVC Holdings has issued a statement on the press coverage related to the firm’s 2017 sale of its ‘Headlong limited’ Turkish business unit. This weekend, The Sunday Times reported that GVC Holdings faced ‘fresh questions over its corporate governance’, disclosing that Group CEO Kenneth Alexander had sanctioned the sale of Headlong to business associate …

Read More »

Athens suspends OPAP listing on speculation of SAZKA takeover

SBC News Athens suspends OPAP listing on speculation of SAZKA takeover

The Athens Securities & Exchange Commission has this morning moved to temporarily suspend the listing of OPAP SA, in light of speculation of a ‘major imminent corporate event’. Greek business news sources this morning report that Czech gambling conglomerate SAZKA Group seeks to significantly expand its holdings in OPAP, the former state-owned enterprise and Greece’s largest lottery and sports betting …

Read More »

Optibet expands betting offering in Lithuania

SBC News Optibet expands betting offering in Lithuania

Following the launch of its brand in Lithuania back in October 2018, Optibet has strengthened its current offering by including the addition of betting to its product range. The news comes as the operator confirms the enhancement to its in-house development strategy, which seeks to create opportunities for customer acquisition, increased revenue, improved profit margin and a generally more diversified …

Read More »

Norwegian Chess Federation forgoes Unibet’s ‘controversial proposal’

SBC News Norwegian Chess Federation forgoes Unibet's ‘controversial proposal'

On Sunday night, the governance of the Norwegian Chess Federation Congress (NSF) voted against the ‘cooperation deal’ proposed by Kindred Group Plc flagship subsidiary Unibet. This June, Unibet marketing had propositioned a five-year principal sponsorship deal of the NSF, valued at NOK 50 million (€5m), representing Norwegian Chess’ biggest ever sponsorship. Lottstift, Norway’s national gambling regulator, would warn NSF governance ‘to …

Read More »

Svenska Spel backs new problem gambling research projects

SBC News Svenska Spel backs new problem gambling research projects

Svenska Spel’s Games Research Council has shown its support towards five new research projects looking at gambling addiction, after confirming that it would be issuing grants totalling SEK5m (£425,471). Svenska Spel has highlighted three projects that will receive grants, with one set to focus upon the treatment of gambling addiction among elite players in Swedish ice hockey.  Another of the …

Read More »

BetShah brings player-led approach to new sportsbook

BetShah

BetShah believes it has created an online environment where players can find the widest variety of markets, ease of navigation, instant payments and ‘second to none’ customer support. The team at BetShah, a new sportsbook and casino operator which sponsored this year’s Betting on Football conference, includes former PAOK FC pair Ilias Petrogiannis and Jotis Panagiotas. The duo are joined by …

Read More »

GambleAware backs ViewItUk to boost treatment services’ data capacities

MontBleu Casino Resort & Spa in South Lake Tahoe

Seeking to bolster the information and data gathering capacities of its ‘National Gambling Treatment Services’, industry charity GambleAware has formed a new strategic partnership with ViewItUk Ltd. A specialist in data gathering, insights and visualisation for health networks, GambleAware has sanctioned ViewItUk to lead collating, handling and analysing of data, on individuals who seek or are referred to treatment via …

Read More »

Next Level! Betfair hails record breaking France 2019

SBC News Next Level! Betfair hails record breaking France 2019

Betfair has revealed that Tuesday night’s Women’s World Cup semi-final between England and the USA broke all Betfair Exchange wagering records for women’s football. A busy night on the Betfair Exchange saw a total £14 million wagered on the match, with Betfair explaining that the tournament in France has taken betting on women’s football to the next level. The thrilling …

Read More »