Sportsbook

Players associations representing athletes across four key sports within the United States have joined together to release a statement regarding the prospect of legalised sports betting within the country. Union’s for professional players across baseball (MLBPA), basketball (NBPA), American football (NFLPA) and ice hockey (NHLPA), have today (Thursday April 12) issued the following statement: “Given the pending Supreme Court decision regarding …

UK marketing news source The Drum has reported that FTSE100 betting group Paddy Power Betfair (PPB) has appointed Leo Burnett London as new creative lead for its Betfair brand. This February, Betfair marketing called for a creative review as PPB’s new leadership team moved to restructure the group’s marketing agency set-up, preferring for its lead brands to be serviced by …

William Hill has revealed that it has recorded significant pre-event wagers on Israel’s Netta Barzilai winning the 2018 Eurovision Song Contest (Lisbon -12 May). The bookmaker details that Barzilai’s song ‘Toy’ has been its early Eurovision market maker, revising Israel’s pop entry from 50/1 to its current market price of 5/4. Barzilai seeks to become Israel’s fourth Eurovision winner, as …

Slovenia’s move towards regulating online gambling services has been derailed, as the government’s proposed bill failed to secure parliamentary support. Throughout 2017, policymakers had been working on the provisions of Slovenia’s first digital gambling framework, seeking to revamp 1995 industry laws. Had the bill been approved by parliament, the Slovenian government would have moved to introduce a new licensing system …

Harry Kane and Tottenham have gone to extreme lengths to prove the England forward did get a touch for the second goal against Stoke last weekend, and Paddy Power are upping the ante in the Golden Boot betting markets. After Kane remained adamant that the goal was his, the bookmaker are offering odds on the goal making all the difference …

Stockholm-listed Kindred Group Plc has detailed its concerns related to Svenska Spel’s potential influence on the future dynamics of a newly regulated Swedish gambling market. Last week the Swedish government published the updated provisions for its long-awaited revamped national gambling framework. In its update the Swedish government will split the gambling sector into three business compartments; Open/Competitive – For new licensed …

Kenyan news sources report that SportPesa expects to end its blackout of sports sponsorships, despite its ongoing betting tax dispute with the Uhuru Kenyatta government. Entering 2018, SportPesa Chief Executive Ronald Karauri withdrew all active sports sponsorships, following through on his previous warnings to Kenyan Parliament which had implemented a blanket gambling tax revenue charge of 35% (previous 7.5%). SportPesa’s …

Toronto TSX-listed online gambling firm The Stars Group Inc, has secured a repricing of its $/€ ‘first lien’ debt notes, combined with a further extension of its corporate revolving credit facility. In 2017, the Stars Group governance used approximately $95 million of its available debt capacity to repay its higher-cost $ ‘second lien’ corporate debt notes. Updating investors, the Toronto …

Crypto-centric online gambling operator Cloudbet is set to reward its existing sportsbook and casino players with a ‘Bitcoin Cash windfall’. Seeking to enhance its reputation with cryptocurrency enthusiasts, Cloudbet will ‘honour the fork’, which in August 2017 saw Bitcoin split into two currencies, Bitcoin and Bitcoin Cash. Moving forward, Cloudbet will reward its players that held bitcoin in their accounts …

As anticipated the Swedish government has published its long-awaited revamped national gambling policy, in which it will open a new licensing window for online gambling/betting operators. Re-regulating the market, Swedish policymakers have placed a significant emphasis on consumer protections, industry responsibility, monitoring of betting enterprises combined with an all-around improvement in standards. The revamped framework, sees the Swedish government split …