Category Archives: Betting

BtoBet secures agreement with Ngnatat Sarl to power Cameroon’s Bet237

BtoBet has strengthened its position in the African betting and gaming market, signing a supply agreement with Ngnatat Sarl Trading. The Aspire Global sports betting brand secured the deal with the African gaming group via the latter’s partner STM Gaming, delivering online and retail solutions to Ngnatat’s Bet237 operator. Provided services include both sportsbook and …

Swedish GGR climbs 6% YoY in Q1 2022 but falls from year end figures

The Swedish betting and gaming industry’s post-lockdown recovery has continued in the first quarter of the year, as total revenue reached SEK 6.5 billion (€6.2m). A 6% increase on Q1 2021, the quarter saw Sweden’s 66 licensed sports betting and casino operators collect wagering revenue of SEK 4.1 billion (€392m), a rise of 4% on …

University of Bristol launches £4m Gambling Harms Research Centre

The University of Bristol has launched Britain’s ‘first academic research centre’ dedicated to developing ‘multidisciplinary approaches’ examining gambling harm, addiction and social complexities. Launched as The Gambling Harms Research Centre (GHRC), the unit aims to transform research of gambling harms by developing deeper academic resources and evidence-led insights to share learnings with domestic and international …

Progress Play and Jumpman rack up £675k in UKGC penalties

The UK Gambling Commission (UKGC) has handed out a combined penalty of £657,000 to two online gambling businesses due to social responsibility and AML shortcomings.  Progress Play was charged £175,718 whilst Jumpman Gaming will pay £500,000, with the cash from both penalties directed towards the National Strategy to Reduce Gambling Harms. A UKGC investigation found …

William Hill expands flagship brand into Latvia ahead of 888 takeover

William Hill has secured market access into Latvia for its flagship sportsbook and casino brand, enabled by an existing holding in the country.  The UK bookmaker plans to build on its pre-existing momentum with 11.lv – which it states has become a ‘top three player’ in Latvia’s online betting and gaming market – as well …

Betclic on course for Banijay merger as SBM Monaco fund sells equity 

Société des Bains de Mer et du Cercle des Étrangers à Monaco (SBM Monaco) – the sovereign investment trust of the Principality of Monaco, has agreed to sell its 47% shareholding in Betclic Everest to FL Entertainment.  The equity sale was notified to the Luxembourg Bourse securities exchange, in which the Monaco fund disclosed that …

Three Brazilian football clubs ink sportsbook partnerships

Brazilian football clubs Palmeiras, Corinthians and America have each formed partnerships with sportsbooks Betfair, Galera.bet and EstrelaBet, respectively. Palmeiras’ two-year sponsorship agreement with Betfair will provide exposure for the online gambling company in the Verdão women’s soccer team uniform as well as in all official digital content. Similarly, Corinthians’ partnership with Galera.bet names the company …

ACI Worldwide: The importance of flexibility for combating fraud

The rapid rise of the digital economy has brought added risks, such as organised fraud and ‘friendly fraud’, requiring a more diverse and flexible security approach.  Whilst attending ICE London 2022 last month, Darren Wood, SR Solutions Consultant, ACI Worldwide, spoke to SBC Media’s Joe Streeter about the firm’s anti-fraud strategy and operations.  The evolution …

SBC Leaders latest issue goes live with new dedicated Canada section

The latest issue of SBC Leaders Magazine, number 20, is published this week with a brand new addition to the editorial format. In keeping with the magazine’s remit to pursue news and developments in new markets, it now includes a dedicated Canada section. Kicking off proceedings is an interview with Shelley White who shares her …

Flutter top boy trader Joe Lee calls end on 12-year innings

Flutter Entertainment executive Joe Lee has announced that he has ended his “12-year innings” as an employee of the FTSE100 betting group.  Lee announced via LinkedIn that he had chosen to step down from his current role as Head of Paddy Power’s UK-&-Ireland unit, a position he had held since 2018, to take on new …