Sportsbook

The 28 June introduction of the Online Gambling Bill by Portugal’s Council of Ministers has seen the announcement of market exits’ by 888, Betfair and bet365. All three operators sent market exit communications to players, affiliates and media partners this week in order to inform them of their decision to no longer offer services and to detail account withdrawal procedures. …

Chief Executive of Horse Racing Ireland (HRI)  Brian Kavanagh has stated that there will be no delay to the implementation of Ireland’s new betting tax framework, which mirrors closely the UK’s POC system introduced last December. Kavanagh backed his statement, despite the UK POC being referred to the European Court of Justice (ECJ) by the Gibraltar Betting & Gaming Association (GBGA). …

BetVictor follows competitors Betfair, Sky Bet, William hill and bet365 as the latests bookmaker to install a cash-out functionality to its betting product. Launching this week, the facility will initially be available across all channels to UK customers for pre-event and in-running in five of the most popular football markets; the Win-Draw-Win, Correct Score, Both Teams To Score, The Win …

Brazil’s Senate has progressed draft legislation 671-2015 which will look to introduce regulatory provisions and a national framework for fixed odds sports betting. Current Brazilian gambling legislation allows for wagering on land based lottery, bingo and licensed horse racing events. Brazilian media sources have commented that the draft legislation was progressed due to the Senate’s raising concerns regarding the popularity …

Sports engagement digital developer Chroma Sports has relocated its Brighton headquarters, tripling capacity and doubling its South Coast workforce. Chroma, which also has offices in London and Sydney, will base its leadership team, plus its UK centres for design, innovation, technology and project management, at the new 7,500 sq ft home. The Brighton offices will also house ‘Chroma Labs’, the recently …

Tennis has triggered the most betting integrity alerts over the past quarter, accordinding to ESSA‘s second quarterly integrity report which details the level of suspicious betting activity detected on the markets of some of the world’s major regulated betting operators. Overall, during the second quarter of 2015, ESSA members raised 73 alerts of which, after detailed examination, 23 were found …

Mobile eSports developer Skillz, has announced the addition of its new live events platform. This will ensure that any users can organise mobile video game tournaments and competitions, and moreover, they can live stream them to any device. The implications of this are that charities, restaurants, bars, non-profits and virtual venues can host their own eSports competitions, either for cash …

Australian wagering and fantasy sports operator TopBetta is set to list on the Australian Securities Exchange (ASX) as its seeks to raise between AUS $5 – $7 million in investment. The company has targeted a September listing, as it seeks to fund its expansion within the burgeoning Australian online betting market. TopBetta governance stated that it would use its hybrid …

The Department of Economic Development has announced that Peter Greenhill is leaving his role as Director for e-Business Development following the conclusion of his 2 year contract to take up a role within the private sector in the Isle of Man. The Isle of Man is considered to be one of the leading locations in the world for e-Gaming companies …

The European Court of Justice should be referred to on important issues concerning the legality of a tax imposed on overseas gambling operators, according to a judgment handed down by the High Court, which could have major implications for the UK’s point of consumption regime. Law firm Olswang has claimed that if the current tax framework is found to be …