Sportsbook

Shortly after successfully completing its IPO and listing on the Nasdaq Global Exchange, Sportradar has announced that early investor and former National Basketball Association (NBA) player Michael Jordan has joined its Board of Directors. Jordan will serve as a Special Advisor at the company, effective immediately, whilst also increasing his investment, with the providing ‘guidance and strategic counsel’ concerning the …

Spelinspektionen, the gambling inspectorate of Sweden, has revoked the licences of Vivaro Gaming and Fair Play Bets Limited on the grounds of inactivity of business services.  Both operators were granted Swedish online gambling licences during the first half of 2020, but had registered SEK 0 in turnover during the past year – forcing Spelinspektionen to investigate their licences. Responding to …

Smarkets has reviewed the surprise promotions and cruel dismissals of PM Boris Johnson‘s latest cabinet reshuffle, forecasting its consequences on the future of UK politics.  Prior to Wednesday’s proceedings, Westminster sources had detailed that Johnson was seeking to re-energise his senior cabinet with strong and competent characters to lead key departments post-pandemic.  Yet, remaining loyal to his lieutenants, Johnson retained …

The Parliamentary All Party Betting and Gaming Group (APBGG) has initiated an investigation into the ‘competence and effectiveness’ of the UK Gambling Commission (UKGC), as the regulating and licensing authority  of UK gambling. Under the inquiry, licensed operators will be able to issue complaints to the APBGG concerning three categories – whether the UKGC has acted ‘ultra vires’ and gone …

The board of Betsson AB has informed that it has begun an executive search to find a replacement for Group Chief Executive Pontus Lindwall. The leadership succession has been authorised as Betsson’s board concludes that Lindwall has achieved all objectives of the group’s ‘Back on Track’ strategy under his stewardship. In September 2017, Lindwall re-took leadership of Betsson as the …

John Whittingdale, the DCMS minister overseeing the review of the 2005 Gambling Act, has been removed from his position in PM Boris Johnson’s latest cabinet reshuffle. The minister will be returning the backbenches, and will allegedly be replaced by former Cabinet Office Parliamentary Secretary Julia Lopez, MP for the Greater London constituency of Hornchurch and Upminster. Despite her promotion to …

William Hill records further Swedish compliance struggles, as its Evoke Gaming subsidiary is demanded to re-verify player accounts registered during 2019 by gambling inspectorate Spelinspektionen. An investigation by Spelinspektionen outlined a number of verification discrepancies related to customers registered by Evoke brands during the period of January-to-July 2019. Spelinspektionen’s investigation focused on Evoke’s management of its licensing duties, in which …

The planned overhaul of Northern Irish betting and gaming regulations took another step yesterday, as the Betting, Gaming, Lotteries and Amusements (Amendment) Bill entered the Northern Ireland Assembly. Having successfully passed the first stage, the first phase of the regulatory adjustment focuses on land-based operations. If fully passed through the Stormont, the Bill will enact the most significant changes to …