Sportsbook

The latest sportsbook news for the gambling industry.

Fast growth LeoVegas AB appoints Caroline Palm as Group HR lead

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has confirmed the appointment of Caroline Palm to the executive position of Chief Human Resources Officer (CHRO). Appointed as LeoVegas’ first ever group HR lead, Palm joins the online gambling operator from Swedish health and environmental technology conglomerate Serendipity Group AB, where she served as Group Head of HR (2013-2017). Palm, who will begin …

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Ladbrokes: Bookies embracing the transfer rumour mill

SBC News Ladbrokes: Bookies embracing the transfer rumour mill

Ladbrokes have priced up a whole host of potential replacements for the seemingly exit-bound Philippe Coutinho, and Man United’s Henrikh Mkhitaryan is among the favourites. The bookies have suspended betting on Coutinho’s next destination, and 4/1 says Mkhitaryan replaces him at Anfield. Real Madrid ace Dani Ceballos remains the 6/4 favourite to make a move ahead of Leon Goretzka (9/4) …

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LetBet aims big with online betting-focused cryptocurrency

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Belize-based firm LetBet is the latest to offer a cryptocurrency aimed specifically at online gambling. Entitled LBT, the new blockchain-powered currency has been touted as a solution to the delayed payout systems of traditional gambling sites, as well as a way to remove the third party element. Online platforms such as LetBet are attempting to usher in the transition from …

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Crown Resorts agrees to CrownBet sale

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Crown resorts has announced an agreement to sell its stake in CrownBet, as part of the company’s ongoing debt reduction strategy. The Australian gaming and entertainment group is to recoup AU$150m for its 62% interest in CrownBet, together with loans advanced by it to CrownBet. In a statement released to the Australian Securities Exchange (ASX), it was detailed that a …

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Indiana latest state to consider legalising sports betting, despite being home of NCAA

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A Republican representative from Indiana is the latest official to come out in favour of legalising sports betting in his home state, subject to a successful challenge by New Jersey in its ongoing US Supreme Court battle. State Representative Alan Morrison, who resides in the city of Terre Haute near Indiana’s western border with Illinois, told a local newspaper that …

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SportPesa blackout hurts Kenyan Football funding

SBC News SportPesa blackout hurts Kenyan Football funding

The Football Kenya Federation (FKF) faces a funding crisis as bookmaker SportPesa has terminated all Kenyan sports sponsorships, due to the government upholding its 35% blanket tax charge on betting and lottery services. This January, the Kenyan TNA government will move to implement its much protested 35% industry tax hike, which has been deemed as ‘unworkable’ by Kenya pro-betting stakeholders. …

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Racing Post – Darren Mohan – Using customer interaction to constantly improve

SBC News Racing Post - Darren Mohan - Using customer interaction to constantly improve

Racing Post B2B has grown to become one of the world’s leading syndicated content providers, with an international customer portfolio spanning 25 different countries and multiple different languages. The business wing of the iconic British horse racing publisher has had a strong 2017 – topped off by winning Best Multi-Channel Supplier at the recent SBC Awards – and plans are …

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Creative Switch… Paddy Power drops Lucky Generals for Chime Sports

SBC News Creative Switch... Paddy Power drops Lucky Generals for Chime Sports

Paddy Power has ended its four-year relationship with London marketing agency Lucky Generals, as the bookmaker’s lead creative agency. UK marketing news sources report that Lucky Generals chose not to re-pitch its services for the account, which had been placed under review by Paddy Power marketing during 2017. Moving forward, Paddy Power’s multi-million £/€ advertising account will be serviced by …

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GVC set for £4bn Ladbrokes Coral takeover

SBC News GVC set for £4bn Ladbrokes Coral takeover

FTSE online gambling group GVC Holdings has today detailed its proposed bid for bookmaker Ladbrokes Coral Plc, putting forward a takeover deal that could be worth up to £4 billion, creating a new multi-channel, multi-market gambling group. Bringing clarity to its initial bid (first announced 7 December), GVC’s proposition values Ladbrokes Coral at 160.9p per share, equating to approximately £3.2 billion. However, deal …

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