Over 60 countries around the world license online casinos, the US is the worst country for gamblers, and 56 percent of the world’s population faces some form of online gambling ban, but ordinary players are not penalised in most cases. These are the main findings of a research project into online gambling access, by affiliate KeyToCasino. Looking at sources in …
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Garry Knowles is to leave Webis Holdings after 10 years at the Isle of Man firm. The group, which until recently operated Betinternet.com, announced his departure yesterday, with almost immediate effect. In an announcement to investors, it said: “The board of Webis announce that by mutual agreement, Garry Knowles will step down as Group Managing Director and terminate his employment …
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French licensed sports betting operator France-Pari has declared its first ever profits, as the operator posted EBITDA earnings of €500,000 (FY 2013: -€200,000). The operator’s positive EBITDA performance transferred to net profits of €300,000, compared to the €700,000 in operational earnings loss posted in 2013 Company governance stated that the turnaround to positive earnings results had been driven by growth …
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Cycling’s Tour de France management has confirmed that French sports betting operator Pari Mutuel Urbain (PMU) will not renew its sponsorship of the Tour’s Green Racing Jersey. The sports betting operator has been replaced by Czech car manufacturer Skoda. The announcement of its cancellation brings to an end a historic sponsorship of the Green Jersey by PMU which had sponsored …
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bwin.party PLC have announced that its net revenue and cashflow will be reviewed in 2015 due to new European Union (EU) VAT rules that came into action this January. The operator expects to pay an additional €15 million in VAT, due to recent changes EU tax regulations concerning digital business/services. Changes to EU VAT regulations concerning digital services, has seen …
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French operator France-Pari has announced that it has made a profit for three consecutive quarters. During the third quarter 2014, the company’s revenues grew up to €4.1 million compared to €3.2 million for the same period in 2013. Company EBITDA for the quarter amounted to €115,000 and net income to €70,000. Cumulative revenues for the first three quarters of 2014 …
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Sports operator France Pari recorded revenues of €9 million (£7.1m) during the first six months of 2014, with sales doubling from the same period last year. The group said the FIFA World Cup brought additional growth of 30 per cent, with revenues of €1.2 million (£1m). Sportsbetting grew by 108 per cent, while stacks reached €8 million (£6.4) for S1 …
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One of Europe’s best tipsters has scooped another €10,000 after winning bettingexpert’s Tipster of the Year competition for 2013/14. Swedish tipster ‘Zami’ came top of the leaderboard for the year after achieving a profit of €3,258.90 across almost 8,000 bets with an average yield of 4.7 per cent. He outperformed more than 1,500 other tipsters who give their tips for …
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BetVIP.com, the world’s first licensed bitcoin-only sportsbook, has released an Infographic detailing the rise of the popular but controversial digital currency.
Read More »87 professional club players are the subject of a disciplinary investigation, after the French Football League (LFP) reported a potential breach of sports betting regulations. A statement from the authority said: “Under Articles 124 of the General Regulations of the FFF and 407 regulations of the LFP, the Disciplinary Committee will investigate the cases of 87 professional clubs players who …
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