Nigel Eccles and Rob Jones, the former co-founders of FanDuel DFS, have re-teamed to launch a new crypto sportsbook and casino, BetHog. The venture is backed by $6 million in funding led by Web3 VC fund 6th Man Ventures (6MV), featuring the participation of iGaming figureheads Chris Grove of Eilers & Krejcik and Josh Hannah, the founder of the Flutter.com …
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The arrest and investigation of Pavel Valeryevich Durov, CEO of encrypted social media and messaging platform Telegram, has spiralled concerns related to the promotion of unlicensed crypto gambling websites. Durov was arrested on the tarmac of a Paris airport this saturday by French authorities, largely due to concerns about moderation of illicit commerce and harmful content displayed on Telegram’s platform, …
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The House of Commons Treasury Committee has recommended “treating retail investment in cryptocurrencies like gambling”, due to the high volatility of value changes of cryptoassets and potential for consumers to lose their entire investment. The recommendation forms part of the Committee’s report evaluating the “potential benefits of cryptoassets and their underlying technology value, and the risk of investment in cryptoassets”. …
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Despite the heavy blows dealt to cryptocurrencies earlier this year, SOFTSWISS has pointed to steady activity in crypto betting during H1. The crypto crash of May was a major hurdle in the cryptocurrencies’ upward trajectory in recent years, as the sector lost over $100bn in value in just a few minutes, with blockchain giant Bitcoin falling by 5%. However, looking …
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Sportsbet.io has revealed a first time Bitcoin Hunt competition for Southampton FC fans as it continues as the club’s main partner. The online sportsbook and casino stated that it is aiming for followers of the Premier League side and the community to participate in the ‘Bitcoin Hunt-style’ competition moving forward its ongoing partnership. Joe McCallum, Director of Sportsbook at Sportsbet.io, …
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Football is still the ‘King of betting’ according to SoftSwiss Sportsbook, although the platform provider also revealed that the most popular league for its users was a basketball tournament. Publishing its results for 2021, SoftSwiss Sportsbook revealed that 38.14% of bets on its platform were placed on football/soccer matches, with basketball following at 22.62%; tennis at 16.11%; ice hockey at …
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PandaScore has signed a new deal to provide online gambling operator FortuneJack with an extended portfolio of esports odds. PandaScore provides real-time data and odds across 10 game titles, including League of Legends, Valorant, Dota 2, Counter-Strike: Global Offensive and Call of Duty. Through this new deal, FortuneJack will obtain a wide range of odds, featuring in-depth pre-match and in-play …
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Joe McCallum, Director of Sportsbook at the Coingaming Group, takes a look at Sportsbet.io’s fresh approach to sponsorship agreements before explaining why creating a long-term, sustainable partnership with clubs is the key to success. Sports sponsorship has been under the spotlight recently, particularly when it comes to betting brands in the Premier League. When Sportsbet.io made its first moves into …
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Tim Heath recently stepped down as CEO of the Coingaming Group to focus on its fast-growing venture capital (VC) fund. He explains how Christmas musings brought lift off for the group and how its VC fund opens doors for Bitcasino.io and Sportsbet.io, before discussing his “new baby” and first of its kind for the industry – the Bombay Club. You …
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As Amanda Nunes prepares to protect her winning streak in women’s UFC this weekend, Bitcoin sportsbook and casino Cloudbet has revealed that it will be offering a range of betting markets on the event. Cloudbet confirmed that it will be offering up to 28 prop markets per fight, on outcomes including win by KO/TKO and in which round a bout …
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