Sportsbook

The latest sportsbook news for the gambling industry.

InBet keeps up 2018 momentum with VivaroBet deal

InBet VivaroBet

InBet Games, a global B2B solutions provider for gaming, betting and lottery operators, has agreed a deal with Armenia-based sportsbook platform provider VivaroBet, just weeks after striking a similar deal with online gaming software developer EvenBet Gaming. VivaroBet will now integrate InBet’s slots, lottery, poker, roulette and virtual betting solutions such as betting on dogs, horses, 3D dogs and Tron …

Read More »

US sports players associations speak out on PASPA

US - Copyright: stillfx / 123RF Stock Photo

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 …

Read More »

Betfair appoints Leo Burnett London as new creative lead

SBC News Betfair appoints Leo Burnett London as new creative lead

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 …

Read More »

William Hill – Israel’s ‘Toy’ clear favourite to win Eurovision 2018

SBC News William Hill - Israel's 'Toy' clear favourite to win Eurovision 2018

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 …

Read More »

Slovenia’s Parliament shows no love for online gambling

SBC News Slovenia's Parliament shows no love for online gambling

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 …

Read More »

Kindred Group seeks clarity on Svenska Spel’s future position

SBC News Kindred Group seeks clarity on Svenska Spel's future position

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 …

Read More »

Dominant SportPesa eyes softer return to Kenyan football sponsorship

SBC News Dominant SportPesa eyes softer return to Kenyan football sponsorship

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 …

Read More »

M&A movements see The Stars Group increase debt capacity

SBC News M&A movements see The Stars Group increase debt capacity

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 …

Read More »