Sportsbook

More footballers arrested in fixing probe

The National Crime Agency’s investigation into spot-fixing in UK football has stepped up a level with the agency arresting 13 footballers this week. Six of the men were originally arrested back in December in connection with an investigation into individuals suspected of Conspiracy to commit acts of Bribery and Money Laundering relating to conduct during football matches. They were interviewed …

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Paddy Power target breaking even on Italian market

Paddy Power management expects its Italian focused operations to break even this year, despite suffering loses of €16.8 million (£13.8 million) in 2013. The betting has operated its Italian betting and igaming services since 2012, the operator is yet to post profits for its operations in the region. In 2012 the operator posted loses of €14.7 million (£11.56 million) Paddy Power management …

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30% increase in transactions at Cheltenham

Payment provider DataCash has analysed the betting transactions it carried out during the 2014 Cheltenham Festival and discovered a 30% increase in transactions compared to 2013 and up 123% since 2010. In total, over £74.6 million was spent in 2.77m transactions during the four day period across all currencies, including £63.8 million in GBP alone, representing 85% of the total. …

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UK Gambling Commission strengthens Licence Conditions and Codes of Practice

New changes to the Licence Conditions and Codes of Practice (LCCP) were published this week by the UK Gambling Commission (UKGC). These changes are set to come into effect on August 1 2014, and will relate to anti-money laundering and widening the scope for detecting suspicious betting patterns which may relate to match fixing. The changes that are set to be …

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LiveSport acquire SoccerStand.com from Enetpulse

Sports media portal and sports betting affiliate LiveSport have confirmed the acquisition of live football news and live results website– SoccerStand.com. LiveSport acquired the services of SoccerStand.com from founding company Enetpulse for an undisclosed amount. LiveSport are set to re-designed the SoccerStand.com website, which will be re-launched at the end of this week. LiveSport want to shift focus on SoccerStand.com, …

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Digibet asks the EC to clarify German igaming laws

German sports betting market focused operator Digibet has asked the European Court of Justice to bring clarity to the German sports betting licensing procedure.  The operator has brought fourth a case concerning German licensing procedure, stating it to be cumbersome and lacking in transparency, which has in turn affected its business practices. Digibet are concern by the slow progress, of …

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France Pari post strong Q1 2014

French sports betting operator – France Pari witnessed growth in their B2B and B2C services divisions, as the French licensed operator posted a 70% increase in revenues for Q1 2014. The operator generated Q1 2014 revenues of €4 million (£3.4 million), France Pari further posted EBITDA of €150,000 (£124,000). The operator highlighted uptake of its mobile betting product by customers …

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Sportsbet loses injunction against Tripp’s BetEazy

Paddy Power Australian owned Sportsbet lost its Victoria Supreme Court injunction over employee poaching by operator BetEazy. Having heard the representative cases of both operators, the appointed judge, granted favour to BetEazy regarding the hiring of customer services manager Kelli Carpanini. Sportsbet lawyers claimed Carpanini breached her six-month non-compete period by commencing work for BetEasy last month and had sought …

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Maxymiser Soundbite – iGaming Sector – Getting Ready for Brazil 2014

With the football World Cup in Rio offering a fantastic potential revenue boost, Tim Axon, Head of Gaming, Maxymiser, insists betting companies need to get their mobile Big Event Betting strategies in shape – and fast. Trying out new content and ideas at Cheltenham and the Grand National could be the key to re-engaging customers, increasing average customer value and …

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Matchbook – Partners with Right To Play

Online betting exchange Matchbook has announced a special partnership with the leading international sport development charity – Right To Play. Following the announcement of the partnership, Matchbook further announced that all commissions generated by its betting exchange on April 1st will be donated to the charity. CEO Mark Brosnan commented: “As an exchange community we’re delighted funds can be raised …

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