Sportsbook

Tennis’ governing body, The International Tennis Federation (ITF) has confirmed that it has terminated its three-year deal with online betting firm Betway. Speaking to CNN last week, ITF President Dave Haggerty detailed that as part of its new policy, the governing body had decided that it would no longer partner with any betting companies. The termination of its Betway partnership …

The governance of Toronto TSX-listed Amaya Inc has this morning issued an update to the firm’s full-year 2016 guidance, adjusting upwards its top-line metrics for revenue and earnings results. In its latest trading update, Amaya governance details that FY 2016 revenues will range between $1.153-1.158 billion, as compared to its previous guidance of $1.137-1.157 billion. Further positives see Amaya governance …

European gambling operator Stanleybet is suing the government of Cyprus for breaching European Union trade and business policies. Filing a claim under Stanleybet Malta, the operator is seeking compensation in excess of €12.5 million for loss of operating profits, legal costs and restriction of services relating to the ‘2012 Betting Law’ which banned wagering on Virtual Sports terminals. Furthermore, Stanleybet …

Novak Djokovic’s surprise five-set defeat to Denis Istomin in the second round of the Australian Open has opened the door for Andy Murray to claim a first title in Melbourne. The five-time beaten finalist and world number one is now odds on with the bookmakers to lift the trophy in the Rod Laver Arena on 29 January. However, it is …

Industry news sources have reported that Betfred and GVC Holdings (GVC) have terminated their planned platform partnership, just months before Betfred was due to begin its platform migration to GVC systems. EGR Magazine reports that the both Betfred and GVC governance have agreed by ‘mutual consent’ to terminate the partnership, first agreed in May 2016. Entering the partnership, Betfred had …

Entering 2017 European sports betting operator 888Sport has become the latest industry stakeholder to join betting integrity body ESSA. The 888 Holdings sports betting subsidiary will work with ESSA governance to further protect industry consumers from betting fraud and further help fight betting-related corruption in sport. ESSA governance was pleased to welcome a further high profile bookmaker to its ranks. …

Issuing its first trading statement this morning as Ladbrokes Coral Plc, the FTSE newcomer stated that full-year operating profits would be ‘in-line with its expectations’ of £275-285 million. Breaking down its profits target, Ladbrokes standalone operations are expected to generate circa £101 million, with Coral Group assets contributing expected corporate profits of £179 million. As anticipated Ladbrokes Coral governance detailed …

Bookmakers appear tepid on the prospect of an enlarged 48-team FIFA World Cup for 2026. Last week, the FIFA Council voted unanimously in favour of President Gianni Infantino’s expanded 48 team format, which drew criticism from multiple football stakeholders. At present, the expanded 48 team tournament will see an opening stage of 16 groups of three teams, with the top …

Updating the market, Kindred Group (former Unibet Group Plc) has confirmed that it has become the first industry operator to meet all requirements of the European Union standards and policy mandate; ‘Recommendation on Consumer Protection’ (2014). Completing an official audit, Kindered Group assets successfully passed an official review benchmarked against EU standards and best practices focused on ongoing consumer protections …

Sky Bet, the title sponsor of the English Football League (EFL), are sponsoring extra buses and coaches for Brighton & Hove Albion fans for the postponed fixture against Cardiff City. The original match day was due to be played on 30th December but it was rescheduled for ‪24th January after being postponed due to heavy fog. But with the new date affected …