Innovation in sports betting is being gradually hindered by a short-term outlook on financial results, industry experts have acknowledged. A selection of executives from across the sector offered insights on the latest SBC Webinar, led by Algosport, titled ‘Sports betting needs help – what lessons are sportsbooks failing to learn when it comes to innovation?’. “As an industry, we’ve become …
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‘Horse racing is still the best betting product’ – UK Tote takes on fixed odds dominance
Pool betting is one of the oldest forms of wagering. But in the UK in particular, the traditional pools sector has faced some trouble with staying relevant to a new instant gratification seeking generation. Having assumed stewardship of the Tote in 2019, bringing Betfred’s eight years of ownership to an end, the UK Tote Group has faced some prominent challenges. …
Read More »UK Tote Group introduces ‘next-generation bet execution’ with Voxbet
UK Tote Group has signed an agreement with machine-learning technology platform, Voxbet, to introduce a direct betting functionality through the Viber messaging platform. The platform allows sports bettors to ‘securely and accurately’ bet via a text message, described as a ‘next-generation bet execution’, having already grown in Asia, LatAm and Eastern European territories. The collaboration means that Voxbet Viber will …
Read More »Tote guarantees optimal customer payout with new Tote+ pricing
The UK Tote Group (Tote) states that it has entered a ‘new pricing era’, following the launch of its new ‘Tote+’ pool pricing module, which will provide racing customers with a 10% enhanced dividend payout. Updating customers, Tote stated that its improved module held no cap on the stake a player can place to receive a price enhancement, which has …
Read More »Alizeti unveils heavyweight executive team to reshape the Tote
Under the banner ‘Together for the Tote’, investment consortium Alizeti has unveiled the executive management team which will seek to revitalise the Tote’s racing pools betting proposition. Led by racing financier Alex Frost, last May Alizeti secured a 25% stake in the Tote, valued at approximately £150 million with a further option to acquire 100% of the legacy operator in future transactions. …
Read More »#boscon2017: Additional data will lead to innovative player bets ahead of the World Cup
Group director of E-Commerce at Romanian bookmaker Superbet, Jamie Hart identified how he believes bookmakers will innovate ahead of next Summer’s World Cup. As part of a panel at Betting on Sports 2017, Hart discussed how the World Cup can help provide bookmakers with the perfect opportunity to engage with a wider audience. Hart said: “Everyone uses the world cup …
Read More »Strongest ever speaker lineup for next week’s Betting on Sports
There’s just one week left to secure your ticket to Betting on Sports 2017 (12-15 September), an event stocked with the strongest lineup of speakers the sports betting industry has ever seen. Next week Olympia Conference Centre will open its doors to more than 1,200 high-level delegates, including representatives of more than 120 operators, 80 high-level affiliates and hundreds of …
Read More »Betting on Sports puts operators and affiliates on the road to Russia 2018
The ‘Sport in Focus’ track at Betting on Sports (12-15 September) will culminate in a session dedicated to next year’s FIFA World Cup, as more than 120 operators and 80 high-level affiliates at #boscon2017 get on ‘The Road to Russia’. AC Milan Commercial Director Jaap Kalma will be joined by an industry quartet tasked with educating over 1,200 delegates at …
Read More »Sports betting industry’s ‘most comprehensive agenda’ at Betting on Sports
SBC Events has launched what it believes is the most comprehensive conference agenda the sports betting industry has ever seen for Betting on Sports 2017 (12-15 September). Featuring 42 sessions across Wednesday 13 and Thursday 14 September, #boscon2017 will present over 150 experts from both the betting and sporting arenas, spanning three conference rooms at the Olympia Conference Centre in …
Read More »Jamie Hart departs as Managing Director of Sun Bets
New UK bookmaker Sun Bets has confirmed that Managing Director Jamie Hart is set to leave the leadership position having chosen to join Romanian betting operator SuperBet (SuperBet.ro). Both Sun Bets management and Jamie Hart confirmed the departure to SBC, with the operator having begun the search for a new leader. Australian gambling operator Tabcorp, joint venture partner with News …
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