Sportsbook

The latest sportsbook news for the gambling industry.

Betsson overcomes Swedish adjustment period to post Q1 regional gains

SBC News Betsson overcomes Swedish adjustment period to post Q1 regional gains

Stockholm-listed Betsson AB has declared a strong start to 2019 trading, as the company reports ‘strong regional growth’ offsetting adjustments within its home market of Sweden. Publishing its Q1 2019 trading update (period ending 31 March), Betsson records a 10% group revenue increase to SEK 1,330.6 million (Q12018: SEK 1,210m), detailing growth across its casino (+10%) and sportsbook (+13%) verticals. Updating …

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Spanish regional broadcasters terminate betting advertising

SBC News Spanish regional broadcasters terminate betting advertising

Basque country public broadcaster Euskal Irrati Telebista (EITB) has confirmed that it will no longer broadcast gambling-related advertising across its TV, Radio and digital platforms. The board of EITB issued a statement detailing that its actions were a ‘necessary enforcement’ as a regional broadcaster ‘protecting and safeguarding the right of the most vulnerable against the serious problems of addiction that …

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Kenya to introduce tough advertising restrictions protecting public from addiction

SBC News Kenya to introduce tough advertising restrictions protecting public from addiction

Sanctioned by the Ministry of the Interior, Kenya’s Betting Control Board has moved to introduce a number of gambling advertising/marketing restrictions aimed at ‘protecting the general public from addiction’. Issuing a statement on 30 April, Control Board Acting Director Liti Wambua confirmed that the regulator would introduce tougher measures restricting gambling advertising across Kenya. These measures include an outdoor advertising …

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LeoVegas positive over 2019 outlook despite UK & Sweden adjustments

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has detailed a positive opening to 2019 trading, as the company adjusts to new regulatory conditions within the UK and Sweden. Publishing its Q1 2019 trading update (period ending 31 March), LeoVegas reports a 12% increase in corporate revenues to €86 million (Q12018: €77m), as the company records double-digit growth in customer metrics related …

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Global profile helps Paddy Power Betfair post strong 2019 opening

SBC News Global profile helps Paddy Power Betfair post strong 2019 opening

FTSE100 gambling group Paddy Power Betfair (PPB) has reported a strong start to 2019 trading, despite recording unfavourable sporting results in the UK and Ireland. Publishing its Q1 2019 trading statement (for the period ending 31 March), PPB reports a ‘good underlying momentum’, as group revenues grow 17% year-on-year to £478 million (Q12018: £408m) driven by ‘excellent growth in both …

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Gambling scam ongoing in the Netherlands, regulator warns

SBC News Gambling scam ongoing in the Netherlands, regulator warns

The Netherlands Authority for Consumers and Markets (ACM) has released information pertaining to the reported ongoing scam in the country, in which scammers are looking to reclaim non-existent gambling debts from consumers. Lootsma and Partners, Bailiff Smits and Co and Inter Payment Service have all been named by the ACM as the collection agencies that form part of the scam, …

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Betfred extends World Snooker Championship sponsorship

SBC News Betfred extends World Snooker Championship sponsorship

Warrington-based bookmaker Betfred has announced it will continue as title sponsor of the World Snooker Championship until at least 2021. The deal was completed at the tournaments home, The Crucible in Sheffield, and World Snooker chairman Barry Hearn expressed his delight in the continuation of the partnership. Hearn said: “We are delighted to extend our partnership with Betfred for at …

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Spelinspektionen warns operators over underage football betting

SBC News Spelinspektionen warns operators over underage football betting

Swedish gambling watchdog, Spelinspektionen, has issued a warning about the need to comply to current betting laws after a number of operators were found to be offering betting opportunities on football fixtures featuring players under the age of 18. Swedish law strictly prohibits the wagering of bets on matches featuring players or athletes who are not yet of a legal …

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Sportradar delivers US live streaming debut on FanDuel

FanDuel

Following a successful trial at a major tennis tournament, Sportradar has extended its partnership with FanDuel to bring live streaming to New Jersey’s leading sports betting app. Through this extension, the app will now include a portfolio of live sporting events, including tennis from around the world and European soccer via Sportradar’s Live Channel Online. Live streaming is an established …

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Casumo enters Danish market with five year licence

SBC News Casumo enters Danish market with five year licence

Online operator Casumo has been given the nod to expand into the Danish iGaming market after being granted a five-year licence from Spillemyndigheden, the Danish Gambling Authority. The operator is set to take a mobile-first approach to the new market, with reports suggesting that Casumo will develop a new media campaign to promote its online casino services. Oscar Simonsson, co-founder …

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