Sportsbook

New changes to the Licence Conditions and Codes of Practice (LCCP) were published this week by the UK Gambling Commission (UKGC). These changes are set to come into effect on August 1 2014, and will relate to anti-money laundering and widening the scope for detecting suspicious betting patterns which may relate to match fixing. The changes that are set to be …

Sports media portal and sports betting affiliate LiveSport have confirmed the acquisition of live football news and live results website– SoccerStand.com. LiveSport acquired the services of SoccerStand.com from founding company Enetpulse for an undisclosed amount. LiveSport are set to re-designed the SoccerStand.com website, which will be re-launched at the end of this week. LiveSport want to shift focus on SoccerStand.com, …

German sports betting market focused operator Digibet has asked the European Court of Justice to bring clarity to the German sports betting licensing procedure.  The operator has brought fourth a case concerning German licensing procedure, stating it to be cumbersome and lacking in transparency, which has in turn affected its business practices. Digibet are concern by the slow progress, of …

French sports betting operator – France Pari witnessed growth in their B2B and B2C services divisions, as the French licensed operator posted a 70% increase in revenues for Q1 2014. The operator generated Q1 2014 revenues of €4 million (£3.4 million), France Pari further posted EBITDA of €150,000 (£124,000). The operator highlighted uptake of its mobile betting product by customers …

Paddy Power Australian owned Sportsbet lost its Victoria Supreme Court injunction over employee poaching by operator BetEazy. Having heard the representative cases of both operators, the appointed judge, granted favour to BetEazy regarding the hiring of customer services manager Kelli Carpanini. Sportsbet lawyers claimed Carpanini breached her six-month non-compete period by commencing work for BetEasy last month and had sought …

With the football World Cup in Rio offering a fantastic potential revenue boost, Tim Axon, Head of Gaming, Maxymiser, insists betting companies need to get their mobile Big Event Betting strategies in shape – and fast. Trying out new content and ideas at Cheltenham and the Grand National could be the key to re-engaging customers, increasing average customer value and …

Online betting exchange Matchbook has announced a special partnership with the leading international sport development charity – Right To Play. Following the announcement of the partnership, Matchbook further announced that all commissions generated by its betting exchange on April 1st will be donated to the charity. CEO Mark Brosnan commented: “As an exchange community we’re delighted funds can be raised …

German sports betting and igaming operator – Mybet published a €5.4 million (£4.46 million) loss for 2013. A company statement issued by the operator commented described its 2013 performance as a “deeply unsatisfactory “12 months”. The operator saw an earnings fall of 150%, as Mybet incurred losses from several of its divisions. Revenue declines had been driven by poor performance …

Controversial bookmaker Paddy Power is set to face more  media backlash  and animal rights protests regarding the opening of its latest betting market. The Irish operator  has opened up betting on which animal is likely to be killed next at Copenhagen Zoo, in what may just be the Irish bookmaker’s crudest sports betting market yet. Last February the bookmaker came …

David Clifton, director at Clifton Davies Consultancy Limited and speaker at SBC’s Betting on Football Conference, asks whether the time has arrived for a Judicial Review of the looming remote gambling changes? Now that Royal Assent in respect of the Gambling (Licensing & Advertising) Bill is looming and the 15% point of consumption tax has been confirmed in the Chancellor’s Budget …