Sportsbook

Australian online betting operator Favourit (favourit.com) has ceased its operations, no longer accepting wagers or deposits from customers following its failed Australian Securities Exchange (ASX) IPO by  new owners Celsius Coal (Celsius). This weekend Australian business news sources reported that Perth businessman Ranko Matic, investor in mining company Celsius, had been blocked off the company’s planned ASX listing by Australia’s Securities …

The Australian Competition and Consumer Commission (ACCC) had pushed for Bet365 to receive more that double the AU$2.75m fine it has received for posting a misleading sign-up offer on its Australian site. The ACCC believed that the bookmaker should pay between AU$5m- $6m for the sign up offer, which was accidentally promoted between March 2013 and January 2014 on its Australian landing page …

West London football club, Queens Park Rangers (QPR) has confirmed online betting exchange Smarkets as its Championship season 2016/17 official shirt sponsor. Agreeing terms on a one-year deal with QPR, Smarkets upgrades its existing collaboration with the London football club which last season saw the betting exchange become its official betting partner. QPR will now display the Smarkets logo on …

With ‘Remain’ currently trading at a 77% chance and with just 13 days to go, Betfair’s ‘Brexit’ market is set to trade £50 million and in doing so make political betting history.  The EU referendum market has seemingly captured the attention of Betfair customers. There have been tens of thousands of individual trades ranging from £2 to £315,000 showing that …

Industry gambling watchdog, The Senet Group has released a national advertising campaign ahead of the start of Euro 2016 encouraging UK consumers to bet responsibly during what is set to be this year’s biggest gambling event. The Senet Group will refresh its  ‘Bad Betty’ campaign (first published 2015) to include football specific messages and tips to help gamblers stay in control and …

Spanish gambling operator Luckia Gaming Group (Luckia) has selected NYX Gaming Group (NYX) as its main platform provider, as the company looks to expand its digital services and capabilities. Updating the market Toronto TSX-listed NYX detailed that it had signed a long-term agreement with Luckia, which will see the technology provider supply digital gaming provisions for its core market of Spain …

Newly re-branded gaming operator, Pinnacle, has launched a $50,000 ‘winner takes all’ Euro Predictor competition as part of its promotion of the upcoming Euro 2016 tournament. The proposition reflects the identity of the new Pinnacle brand, which rewards bettors’ predictive skills. ‘Euro Predictor’ offers a fixed cash jackpot for the entrant who predicts the most correct outcomes from the first …

ESSA and French gambling regulatory authority ARJEL have signed an integrity agreement ahead of the Euro 2016 Championships. The agreement will allow ESSA and ARJEL to exchange information with each other on suspicious betting. The partnership protocol covers a range of sports and competitions and demonstrates both parties’ ongoing commitment to protecting sport, consumers and regulated betting markets from the …

  UK business news sources have reported this weekend that William Hill has approached KPMG consultancy to undertake a strategic review focusing on the company’s digital and technology operations. The consultancy review follows William Hill’s may financial update which saw the operator post an 11% net revenue decline in its digital division, with the company further detailing product declines in …

Stockholm Nasdaq-listed online gambling operator Mr Green & Co (Mr Green) has announced the soft launch of its new sports betting product in time for Euro 2016 (10 June – 10 July). Powered by sports betting platform provider Kambi, the Malta-based operator had detailed in its Q1 corporate update that it would look to launch a betting product in 2016. …