ESSA have issued a response to the Australian review of illegal offshore wagering, citing the Interactive Gambling Act of 2001 and stating that Australia had enforced an inconsistent position on in-play (or live) betting. The following points from ESSA covered the inconsistency of this approach: Australia has enforced an inconsistent position on in-play (or live) betting. The Interactive Gambling Act …
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Leander Games Takes 5 with SpiffX partnership
Online gambling platform and services provider Leander Games has partnered with the Swedish NASDAQ listed alternative betting exchange, SpiffX (NASDAQ:SPIFFX), to distribute the gaming technology supplier’s innovative new live betting product – Take 5. Take 5 is a simple, high turnover game initially focussed on football. The product allows players to make a one-click bet at odds of 5/1 that …
Read More »Sky Betting & Gaming hires +500 employees in the past 12 months
Sky Betting & Gaming (SB&G) has revealed that it has recruited more than 500 new employees in the past twelve months. In November 2015, the independent online betting operator detailed that it would implement an £11 million recruitment drive for its new customer hub in Leeds City Center. Furthermore, SB&G governance revealed that it had expanded its operations into a …
Read More »Coral promises to improve AML processes after £880,000 pay out
Gala Coral have been ordered by the gambling regulator to pay out nearly £880,000 for taking £846,000 from a problem gambler who was using the proceeds of theft to feed his habit. The perpetrator of the crime, a customer between 2012 and 2015, has been jailed for three years, and Gala Coral have promised to ‘take steps to improve its …
Read More »Richard Moross steps down as Ladbrokes non-executive Director
Richard Moross has advised the Ladbrokes’ Board that he will be stepping down as a non-executive director at this year’s AGM on May 5th 2016, and will cease to be a director from that date forwards. Mr Moross joined the board in May 2012, but will not seek re-election at the Annual Meeting to be held next week. He has decided …
Read More »Effective scalability and cost control sees Unibet hit ‘All-Time High’ quarter performance
European sports betting operator Unibet Plc has reported a strong opening to 2016, posting a ‘new all-time high’ in group revenues to £122 million representing a 61% uplift on 2015’s corresponding Q1 performance of £76 million. Unibet governance highlighted that the company was performing way above market rate, with EBITDA (Q1 2016: £28 million) and Profit (Q1 2016 £20 million) …
Read More »FIBA renewal sees Genius Sports gain live data distribution for betting
The International Basketball Federation (FIBA) has confirmed that it has extended its long-standing sports data and technology partnership with Genius Sports Group for a further two years. The extension of the partnership will see Genius Sports additionally gain exclusive rights to distribute FIBA live data to betting operators, opening its information system to more than 2000 FIBA sanctioned games. Announcing …
Read More »Crownbet fined for breaking NSW advertising laws
The Liquor & Gaming Board of New South Wales has fined Australian online bookmaker CrownBet AUS $20,000 in fines for breaching advertising laws relating to the promotion of gambling services. Crownbet marketing was convicted of five counts of publishing content which featured consumer inducements to gamble. The bookmaker is said to have published advertisements on its website including bonus rewards …
Read More »21Bet hits 15,000 customers in first month
It has been revealed that new online bookie 21Bet has signed up over 15,000 customers in its first month in business. The operator launched at the beginning of March and final preparations are now being made for the imminent launch of the 21Bet Casino. The casino will also be powered by FSB Technology and feature games from the likes of Microgaming. 21Bet, …
Read More »Tennis Integrity Unit reveals increase in suspicious betting
The Tennis Integrity Unit (TIU) have confirmed that they received 48 alerts to suspicious betting and match-fixing during the first quarter of 2016. The figure is up by 31 from the same period in 2015, and includes one case from the Australian Open. None of the matches or players involved were named, but the TIU did confirm that one alert …
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