European sports betting operator bet-at-home AG continues its strong 2015 momentum recording a 9 month EBITDA profit increase (period ending 30 September) of 28.8% to €23 million (2014 Q1-Q3: €17.2 million). Despite no major summer football tournament, bet-at-home recorded an 8.9% gain in gross gaming/betting revenues to €87.5 million (2014 Q1-Q3: €80 million). bet-at-home governance was pleased to highlight that …
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GVC Holdings turns down approaches for bwin.party assets
UK newspaper the Daily Telegraph has reported that GVC Holdings governance has rebuffed a number of offers interested in acquiring its bwin.party Entertainment assets. The Aim listed operator, stated to the newspaper that it had been approached by interested parties in the potential sale of UK bingo operator Cashcade and its B2C brand Foxy Bingo. GVC had received further interest …
Read More »NSW implements live-odds broadcast restrictions
New South Wales (NSW) regulators have moved to ban the advertising of live odds on sports television and radio broadcasts. The broadcasts restrictions were announced by NSW Deputy Premier Troy Grant last Friday, and are set to be implemented by March 2016. NSW restrictions will apply to sports broadcasts which are less than four hours long in duration, the restrictions …
Read More »Amaya Inc rumoured to be launching dedicated sports betting site – BetStars.com
Industry domain market place GamblingInvest.com (GamblingInvest), reports that Amaya Inc is preparing to launch a dedicated sports betting portal under the brand ‘BetStars.com’. GamblingInvest a specialist broker in gambling focused domains, claims that Amaya Inc under subsidiary Rational Intellectual Holdings has acquired a group of domains all connected with the brand term BetStars.com. The BetStars.com domain was reportedly acquired late …
Read More »Key Accumulator Match – Leicester City v Watford
Jamie Vardy has already fired Leicester City to the top of the league, albeit the league table monitoring the most popular bets among AccaTracker users. Punters are choosing the Foxes’ home match against Watford to underpin their weekend accumulators in force, with only West Bromwich Albion’s trip to Old Trafford able to match it in popularity. It is testament to …
Read More »Cornish hotelier hoping for £60,000 Trump
William Hill will be paying over £60,000 to a Cornish Hotelier if Donald Trump wins the US Presidential Election. John Mappin has staked a series of bets – the most recent one of £1538.46 is the biggest, placed at odds of 13/2 on today – which will result in a £60,000+ payout if the one-time 150/1 outsider ends up in the …
Read More »Editec invests in digital media innovator Chroma Sports
London-based gaming operator Editec UK Ltd has announced a ‘significant seven-figure investment’ in the award-winning digital media innovator Chroma Sports. The investment will see Chroma develop a number of sports digital and fantasy games products and will ensure Editec is at the forefront of development on the digital landscape in its core markets in Africa and emerging markets throughout the …
Read More »20% dip in EBITDA for Fortuna despite revenue growth
European bookmaker Fortuna Entertainment Group has reported a 25% increase in turnover so far in 2015, but this hasn’t prevented the firm from posting a near 20% decline in EBITDA over the same period. In the first nine months of the year, total EBITDA amounted to 17.7m euro million, a 19.6% decline over the same period of last year, with …
Read More »Australian politician wants turnover tax on sportsbooks
An Australian politician is pushing to have the country’s gambling taxation laws overhauled, and has the sports betting industry in her sights. National Party senator for Victoria Bridget McKenzie is pushing the federal government to impose a new national gaming tax and effectively ban gambling with overseas operators using ‘banking and other tools’. McKenzie has made a formal submission to …
Read More »NetBet bringing #MakeSomeNoise campaign to Old Trafford
NetBet, the online betting partner of West Bromwich Albion, is looking to leverage its partnership with the Premier League club by encouraging them to participate in the #MakeSomeNoise campaign. An official survey compiled by the Press Association in November 2014 rated Baggies fans as joint second loudest fans in the league, in terms of decibels, together with Stoke City and …
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