Aimed at bringing an end to mundane international friendlies, the draw for the inaugural UEFA Nations League was made this week, with England being pitted in a group alongside Croatia and Spain. However for England fans hoping that the tournament will bring long-awaited international success to the country, the odds suggest they may want to look away now. Commenting on whether …
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BETDAQ launches new flat-rate commission
As the first part of its #ChangingForTheBettor campaign, BETDAQ has introduced a flat-rate 2% commission for its customers. All current and future customers will benefit from the reduced commission that applies to all sports and markets on the platform, which matched in excess of £4bn-worth of bets in 2017. The customer feedback-driven move marks a change to the company’s terms of …
Read More »GVC Holdings prepares for €187 million tax battle
FTSE online gambling group GVC Holdings has confirmed that it will move to appeal its recently sanctioned ‘tax audit assessment’ by the Greek Audit Centre for Large Enterprises. Updating the market, GVC reveals that it has been charged with a tax assessment of €187 million for its Greek subsidiary’s performance for the audit periods of 2010 and 2011. During the …
Read More »NBA Counsel calls for a smart rethink of US betting
Dan Spillane the General Counsel of the NBA has detailed to the New York Senate on Racing and Gaming, that the NBA believes that the ‘time has come for a different approach’ to sports wagering. Having studied the subject matter for a number of years, the NBA’s governance seeks to act on the front foot with regards to developing US …
Read More »BETR coins to be made available for use at World Cup
Peer-to-peer sports betting system BetterBetting is looking excitedly towards this summer’s Russia World Cup, with the firm’s gambling-focused cryptocurrency BETR being made available for use during the tournament. For the first time in history, a digital token (BETR) will be available for the world’s biggest sporting event, and will provide peer-to-peer betting with no central party alongside a robust escrow …
Read More »Arsenal unveils blockchain partner in industry first
CashBet has announced a landmark partnership with Premier League giants Arsenal ahead of the Initial Coin Offering (ICO) of its new cryptocurrency, CashBet Coin. Designed specifically for iGaming, the CashBet Coin brand will be given prominent placement via in-stadium advertising channels for all Arsenal home games at the club’s Emirates Stadium. The first-of-its-kind deal, which makes CashBet Coin the club’s …
Read More »Norbert Teufelberger departs GVC Holdings governance
Issuing a market update, FTSE-listed online gambling group GVC Holdings has confirmed that former party.bwin Entertainment Chief Executive Norbert Teufelberger has stepped down from his duties as a company Non-Executive Director. Teufelberger had been appointed a GVC Holdings governance member, following the company’s 2016 £1 billion outright acquisition of bwin.party Entertainment. Updating stakeholders, GVC announced that Teufelberger had finished his …
Read More »Sky Bet lifts the lid on account restrictions at Parliamentary debate
Sky Bet CEO Richard Flint revealed that the bookmaker restricts 3% of its customer base in the bets that can be placed, but the bookmaker does not close the accounts of winning punters. Speaking at the All Party Parliamentary Betting & Gaming Group Seminar in the House of Lords yesterday, Flint admitted that it restricted 2% of its customers to …
Read More »What does Kyle Edmund success mean for UK tennis betting market?
Does the United Kingdom have a new tennis star in its midst? With 23-year-old Kyle Edmund, a 300/1 shot before the Australian Open, now a shock semi-finalist and narrowed to 16/1. The Johannesburg, South Africa, born star now stands just one win from reaching the final of the years first major (also known as a grand slam), after a stunning …
Read More »Champagning & Campaigning! Bookmakers braced for an unpredictable Oscars 2018!
Movie insiders have deemed the 2018 Academy Awards, as the most unpredictable ‘Oscars Race’ in Hollywood’s history. On Tuesday, The Academy presented its most eclectic field of movie contenders to ever compete for the ‘Best Motion Picture’ category. The Academy’s ‘final nine’, sees a horror film, a fantasy drama, a female comedy and a summer blockbuster compete for Oscars 2018 …
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