In research commissioned by the American Gaming Association (AGA), Nielsen Sports has predicted that the annual revenue of the NFL could be elevated by as much as $2.3bn as a result of the regulated sports betting market. The study, which breaks down the various sources of revenue that the NFL could reap from a sports betting market in the US …
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£1m ‘third party’ punter dispute heading to court
A case which could have major repercussions for the industry and how its terms and conditions are viewed in a legal sense has been given a date in court. The dispute between UK bookmaker, bet365 and Megan McCann, a racing bettor who is claiming £1,009,960 in unpaid winnings from the Stoke based bookmaker, will go to court on 13 November …
Read More »mybet closes sportsbook portal to secure player accounts
Embattled Frankfurt Xetra-listed online betting group mybet SE has shut down its flagship mybet.com portal, seeking to ‘protect the interests of its customers and creditors’. On August 17, mybet governance communicated that it had entered ‘open insolvency proceedings’, following its failure to sell the company to an undisclosed investor. This week, mybet governance closed all active B2C portals, informing customers …
Read More »VSODDS.BET aims to elevate engagement with sportsbook launch
With the launch of its new sportsbook, VSODDS.BET is aiming to place a greater focus on betting traders, offering only pre-match, fixed odds to players in core markets around the world. The Curaçao-licensed operator offers odds and markets across a wide range of sports, including Football, Tennis, Golf, Basketball, Formula One, American Football, Ice Hockey and Handball, with more to …
Read More »Paf collaborates with Colossus for Jackpot Pools launch
Nordic operator Paf has announced the online launch of its Jackpot Pools product in collaboration with pools betting innovator Colossus Bets. The launch includes the full Colossus sports offering with lotto-sized jackpots, Cash Out, Syndicates ‘crowdbetting’ and FreePlay functionality. Paf’s Chief Gaming Officer, Kim Johansson, commented: “Jackpot Pools complement our current offering with a ‘low stakes for big prizes’ proposition …
Read More »Philip Bowcock: Eldorado JV sees William Hill secure ‘largest active US betting footprint’
The governance of FTSE250 bookmaker William Hill has confirmed news reports that it has entered a strategic joint-venture with Nasdaq US casino group Eldorado Resorts. William Hill Chief Executive Philip Bowcock declares that the bookmaker has significantly advanced its US position and coverage securing access to ‘Eldorado’s leading regional casino portfolio and customer base of 23 million people’. “Under the …
Read More »Matchbook Betting Podcast unveils three new hosts
With the Premier League firmly upon us, the NFL season returning on Thursday, and the Champions League a mere two weeks away, the Matchbook Betting Podcast has announced a new roster of hosts. Ali Maxwell (Premier League), Nat Coombs (NFL) and Phil Kitromilides (Champions League) will be delivering weekly focused previews and insights for sports fans. Matchbook CEO Mark Brosnan …
Read More »Betsson AB seeks new financial lead as Hilsen returns to Telenor
Issuing a short market statement, Stockholm-listed online gambling group Betsson AB has confirmed the resignation of Kaaren Hilsen as Group Chief Financial Officer (CFO). Betsson governance has revealed that Hilsen is set to return to the telecoms sector, taking over the Chief Executive role at Telenor Sweden, a company she previously served as CFO from 2013-2017. Hilsen had joined Betsson’s …
Read More »Sky Bet steps up with minimum bet guarantee
Sky Bet has become the latest online UK operator, to roll out a minimum bet guarantee to its customers. The guarantee will allow punters to bet to win £500 on Class 1 and Class 2 races from 10am on the morning of the race. The new minimum bet, which also applies to restricted customers, means that Sky Bet has become …
Read More »William Hill enters mobile betting market in New Jersey
Just in time for the kick off of the much anticipated NFL season, William Hill and FanDuel are looking to enrich the sports betting experience in New Jersey, offering mobile betting to its punters. The two firms commenced offering mobile sports betting New Jersey on Saturday night, becoming part of the State’s growing mobile sports betting market and taking the number …
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