Sportsbook

Online betting exchange Smarkets has confirmed the introduction of a new ‘1% pro-tier’ commission operating across its platform, supporting ‘market-maker’ traders. Yesterday, Smarkets Chief Executive Jason Trost announced the betting exchange’s new commission structure on the firm’s corporate blog – stating that it would support ‘fairness and transparency’ for players across its platform. The commission restructure sees Smarkets realign its …

Liverpool FC and England international striker Daniel Sturridge has been summoned by FA officials to explain alleged breaches of football’s code of conduct with regards to football betting, an activity strictly prohibited by FA rules. Sturridge (29) is alleged to have breached Rule E8 concerning FA registered professional athletes, managers, coaches, and club staff wagering on football matches, events or …

International sports marketing agency, publisher and media/data distributor IMG have announced the launch of its betting industry focused ‘IMG Arena’ division. Part of its global media enterprise, IMG Arena is headquartered in London and will be tasked with developing new innovations and audience enhancements for the group’s +250 sportsbook clients. The new division is led by Freddie Longe as IMG …

Former Merrill Lynch Director Ashish Patel has joined SingleShot Entertainment (SSE) – the Nevada-registered entertainment content firm which counts former snooker world champion Neil Robertson amongst its board of directors, as the company’s new CEO. The appointment marks the start of an exciting period for SSE, as it prepares to roll out UpNdown Virtual Golf next month through a partnership …

Chase Carey, President & Executive Chairman of Formula 1, has personally backed the sport’s decision to align itself with sports betting. Updating stakeholders, Carey insists that F1 governance will monitor wagering activities and sanctioned bookmaker marketing, stating that betting on F1 will be undertaken in a ‘responsible manner’. “With betting obviously we have responsibilities that go with it,” Carey detailed to …

Interregional Sports Group (ISG) is going to market with the first stage of its ground-breaking betting partner package for Formula 1, a first-of-its-kind partnership for the sport, which was formally announced at this year’s Betting on Sports conference. Just two months after confirming this commercial partnership with Formula 1 – the world’s most prestigious motor racing competition, the London based …

Belgium becomes the latest European jurisdiction to serve industry leadership more headaches, confirming that it will move ahead with its planned decree to implement a stringent advertising code on gambling/betting verticals. Directives for a tougher advertising framework on online gambling and betting services have been under review by Belgium’s Parliament since October 2017, when CDV (Christian Democrats) Justice Minister Koen …

Supporting its sponsorship of the FIDE World Chess Championship held at The College London (9-28 November), Unibet details that it will cater the most comprehensive chess markets inventory for its customers. This August, Unibet marketing confirmed that it had become the first betting operator to sponsor a FIDE championship as Norwegian chess master Magnus Carlsen faces American challenger Fabiano Caruana over a 12-round …

The Senate for Buenos Aires, Argentina’s largest province is reported to be reviewing legalising online gambling activities. The first set of proposals attached to Buenos Aires 2019 Budget has been put forward by BA Governor Maria Eugenia Vidal, seeking to revamp the province’s legislative gambling framework. Argentine news sources report that BA’s governing Argentina PRO party (centrist-right) seeks to issue …

MGM-GVC Interactive LLC, the new US strategic joint venture developed by MGM Resorts and GVC Holdings, has confirmed that it will utilise Sportradar as exclusive data supplier for its US sports betting provisions. The agreement sees Sportradar become the lead data provider for MGM-GVC interactive’s new and existing land-based and digital properties. Updating the market, MGM GVC Interactive’s new Chief …