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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French B2B supplier SPORTNCO has been powering three new sportsbetting platforms during the World Cup; one for Belgian subsidiary EUROTIERCE and two for ZETURF; one for the horserace betting operator’s French customers and one for its International customers. For each of these new customers, SPORTNCO provides a fully integrated turnkey sportsbetting solution, including both the IT solutions and the trading …
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Federbet, the Belgian-based integrity body which claimed last season 110 matches were identified as having been fixed, with suspicions over a further 350, has been widely criticised by both sporting and gambling organisations. French regulator ARJEL issued a joint statement with the French Football League (LFP) decrying the claims. It said: “ARJEL and LFP cannot agree with the statements that …
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The global industry body representing social games companies with over 300 million players, the International Social Games Association (ISGA), has released research by Harvest Strategy into the evolution, use and impact of social games. The report undertakes both a review of existing academic literature and data surrounding social games as well as a survey of consumer behaviour and perceptions across …
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Graham Wood, director of the iGaming Consultancy, looks at the task facing ARJEL’s new President. French punters may be hopeful that a change at the top of the country’s gaming authority ARJEL could mean a change of direction, but it is likely that they will be disappointed. Jean-François Vilotte, the outgoing President is likely to have left because he failed …
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