Category Archives: Betting

Gordon Brown adds voice to growing calls for Labour to hike gambling taxes

Former Prime Minister and Chancellor of the Exchequer, Gordon Brown, has weighed in on the debate around gambling tax, bringing in yet another voice to an increasingly fragmented Labour Party which is struggling to decide its approach to the industry. Writing an op-ed in The Guardian, Brown argued that raising taxes on the ‘extraordinarily profitable …

IBIA preps Korean betting markets for global audience

South Korea will export K-cycling and K-motorboat racing as global betting markets through the International Betting Integrity Association (IBIA).  This was announced at a ceremony held by the Korea Sports Promotion Foundation (KSPO) in London, where it reached a gold standard in integrity by signing a Memorandum of Understanding (MoU) with the IBIA. The agreement …

Simon Westbury: 1xBet’s ‘never explain never complain’ strategy ends now

In late July, 1xBet unveiled iGaming executive Simon Westbury as its Strategic Advisor as the operator ushered in a new era focusing on a long-term strategy, market expansion and industry leadership. Following a storied career in the B2B iGaming space, most recently spells with Digitain and Sport Generate, Westbury has taken his first steps into …

Golden Matrix bolsters balance sheet to back Meridianbet’s Brazil momentum

Golden Matrix Group (GMGI) reports progress on financial and operating objectives as it continues to expand the presence of its flagship Meridianbet brand across Brazil and new markets.  The Global Nasdaq online gambling group maintains its record revenue momentum, to help ongoing strategic expansion of Meridianbet and the B2B gaming divisions of Expanse and RKings.  …

The Vic casino gets Rank Group’s return-to-profit makeover

Rank Group’s casino makeover strategy is in full swing, starting with a £15m refurbishment of its Grosvenor London jewel – The Vic.  Rank-owned Grosvenor Casinos has fully reopened its flagship venue ‘The Victoria’ in West London after a period of remodelling efforts closed off some parts of the casino to the public. WIth what looks …

Regulatory enforcement trends & audit readiness for 2025 and beyond

With enforcement strategies evolving and regulatory scrutiny intensifying, staying ahead of compliance expectations is more critical than ever. SBC Webinar’s latest offering alongside Vector Solutions entitled, ‘What Regulators Are Watching: Trends in Enforcement & Audit Readiness for 2025 and Beyond,’ will bring together top experts to unpack what organizations need to know, and do, to …

Odds88 appoints new MD amid strategic pivot and growth plans

Odds88 has appointed Will Fyler as its new Managing Director, as the company looks to build on recent momentum following its rebrand from TradeArt earlier this year. Fyler joins the sports data platform with nearly two decades of experience in the betting sector, working in roles across trading, commercial strategy and product development. He has …

Product expansion strategy wins Genius second good quarter in a row

Genius Sports has built on a strong start of the year to close Q2 with 24% year-over-year-group revenue growth. The company saw Q2 revenue climb to $118.7m (Q2 ‘24: $95.4m), with Adjusted EBITDA increasing 64% YoY to hit a new quarterly record of $34.2m (Q2 ‘24: $20.8m). Betting Technology, Content and Services (BTCS) was again …

“Education can’t be optional anymore” – EPIC responds to Paquetá outcome

Lucas Paquetá has officially been cleared of all spot-fixing allegations after a lengthy FA investigation that threatened to end his career – and EPIC Global Solutions believes the time for proactive gambling education in elite sport has never been more urgent. The Brazilian international was accused of deliberately receiving yellow cards in four separate Premier …

BETBY new trading model to capitalise on European football

BETBY has updated its product portfolio with a new proprietary trading model for football. The tool was entirely brought together by BETBY’s in-house trading experts, who are leveraging advanced mathematical models to deliver exclusive localised markets across all league tiers. Betby aims to give its network of operator partners a competitive edge by using the …