Start-up betting exchange Spiffx is to launch its IPO on the Nordic Nasdaq OMX next month as it aims to establish itself as the main alternative exchange, used by both high value bettors and sportsbooks. Spiffx has developed a system as yet unseen in the betting industry by using tools normally found in the financial markets, providing punters with a …
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Apple removes gambling Apps from Swedish App Store
Apple Europe have confirmed the removal of several gambling and sports betting App’s from Sweden’s App Store. The technology giant had taken the decision to remove the gambling App’s after concerns arose from the Swedish Gambling Authority (Lotteriinspektionen) regarding the promotion of unlicensed gambling products to national consumers. Swedish news sources have reported that sports betting operators Unibet, William Hill, …
Read More »Unibet ends Playtech bingo partnership as operator pushes for stand alone product in 2015
Unibet Plc has announced that it will not renew its online bingo platform provisions partnership with Playtech’s Virtue Fusion network, as the operator will look to develop and launch its in-house bingo product using development studio Relax Gaming. The decision to discontinue its partnership with Virtue Fusion/Playtech follows last year’s launch of its standalone poker room, as the operators looks …
Read More »Unibet results hit by currency conversion
Swedish operator Unibet has been hit by the exchange rate fluctuations across Europe, meaning that the company’s Q4 results are much flatter than its performance suggested. As it is listed on the London Stock Exchange, Unibet declares in pounds sterling, with gross winning revenues of £78.0m for the quarter, only slightly up on the £74.4m generated in Q4-2013. However in …
Read More »Unibet appoints Peter Staunton as Australian GM
European igaming and sports betting operator Unibet has appointed former Centrebet Head of Operations Peter Staunton as General Manager for its Australian business division, as the operator looks to expand its presence in the burgeoning but competitive Australian igaming market. Industry news source EGR Magazine reported that Staunton had begun his role at Unibet Australia last week, replacing outgoing GM …
Read More »Richard Peters – Sports Revolution – The In-Stadia Experience
The experience of going to a stadium on a match day is one which has yet to be really altered by technological leaps and the digital age. Granted, everybody has a smartphone now, and so fewer than ever listen to the scores read out on the loudspeaker at halftime, but few clubs have fully embraced the digital age in terms …
Read More »Risky business – why investors should beware grey market operators
Scott Longley, editorial director at Regulus Insights, analyses the concept of risk for dotcom operators and their investors. The 9% share price fall that prompted Playtech to issue a stock exchange statement late last week was only the most recent example of how listed gambling companies suffer more than most from the financial market phenomenon of risk on/risk off. This …
Read More »Henrik Tjärnström outlines Unibet mobile growth & innovation
Having reported Unibet Plc’s best ever financial quarter performance last week, recording a doubling in net profits to £16.5 million, Unibet CEO Henrik Tjärnström outlined that the operator would continue to invest and innovate through its mobile channels in order to maintain its positive momentum. Speaking to investors, Unibet’s CEO hailed the operators mobile product strategy which Tjärnström claimed was innovative …
Read More »Unibet adds UK Twitter age verification monitor
Unibet is the latest sports betting operator to strengthen its player protection initiatives by launching an age verification monitor to its English language Twitter feed. The European sports betting operator announced that its English Twitter followers would be required to enter their date of birth in order to follow the operators Twitter feed, latest news and player promotions. Unibet management …
Read More »World Cup worth £16m to Unibet
Swedish-based operator Unibet generated gross winnings of £16m during the World Cup, according to the firm’s interim results, with £9.5m generated in June and £6.5m in July. Almost half of Unibet’s turnover during the World Cup came from live betting, a figure much lower than the operator’s usual operations. While Unibet had a comprehensive pre-match offer with over 350 bet …
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