Sportsbook

Football betting has had a short lifespan in Hong Kong, having only been allowed by the government as a public betting market in 2012/2013, allowing the  Hong Kong Jockey Club (HKJC) to diversify it betting portfolio. Football has quickly developed into a mainstay popular betting market for Hong Kong punters, as reports conducted show that the betting has risen threefold from HK$ 16.1 …

Israeli based igaming software and technology provider Playtech has informed shareholders that it has acquired a 3% stake in troubled igaming operator Ladbrokes Plc. According to UK newpaper the Daily Telegraph ,The Playtech board informed shareholders that it had purchased its stake at a value of (US) $38m, calming speculation that Playtech would acquire outright Ladbrokes. Playtech controlled by Israeli …

iGaming operator William Hill published third quarter 2013 results that saw the company drop £20m below set expectations for company performance in the year. William Hill saw operational revenue increase by 10%, nevertheless net operating profit was down 31% on set targets. William Hill have warned investors that there is no certainty whether the company will be able to make …

The Racecourse Newbury today announces that bet365 has become the new headline sponsor for the Hennessy Heritage Festival, signing a new long term agreement. Headquartered in Stoke and with a worldwide customer base of over ten million, bet365 is the world’s largest online sports betting company. They will sponsor races across the three days including the Grade Two bet365 Long …

The SBC team catches up with Rory Anderson CEO of 12BET Europe, to discuss 12BET plans for the European Market, cultural betting differences between Asia and Europe and igaming football marketing. Rory joined 12BET in January 2010 with a remit to grow the European business from scratch.  Before joining the company Rory had spent the past seven years working in …

William Reeve the Head of Operations for Irish igaming operator Paddy Power has announced that he intends to step down from his current position, in order to pursue personal commercial opportunities outside of igaming. Reeve had held the position of Head of Operations for the Dublin based operator for just over one year, prior to his operational role Mr Reeve …

The bwin.party board have warned that 2013 year revenue would fall by up to 17 percent as senior management look to shrink its operations and concentrate on fewer markets and optimize it’s revenue streams. The igaming operator will now look to focus its operations in regulated markets and potential US regional markets, as the country looks to open legislation on …

BetTech Gaming  the provider of  technology solutions to the gaming sector, has secured a partnership with Uganda-based land and online betting operator 256Bet. The South African company will provide its flagship BetTech Sports product to significantly upgrade and re-launch 256Bet.com alongside the introduction of a brand new mobile betting verticals for the African focused sports entertainment company. A further wide …

Despite Brazil’s ban on most forms of gambling, betting is a popular pastime amongst Brazilian football-fanatics. The estimated size of the un-licensed sports betting market is unknown, but exponential growth is anticipated during the World Cup in 2014 and the Olympic Games in 2016. With an intensified betting activity in an un-licensed and un-monitored environment comes a higher risk of …