Category Archives: Betting

Apollo Global Management is still interested in expanding its foothold in the betting and gaming industry, according to reports from CNBC. The US business news outlet has stated that Apollo is in ‘preliminary discussions’ to merge its Yahoo Sports holding – the investment firm that purchased Yahoo last year – with sports betting companies, notably …

Stats Perform hosted one of the biggest launch events of the year this week, showcasing five brand new sports betting innovations. The sports data and sports betting technology firm also announced a rebrand of Watch&Bet, renamed and repurposed to Bet LiveStreams to reflect a new age of “interactive, hyper-entertaining, ‘built-for-bettors’ video”. Setting the scene on …

The coroner investigating the suicide of a 24-year-old problem gambler Jack Ritchie has said that he will be writing to a number of government departments with warnings about how future deaths can be prevented, with a particular focus on the need for more training for GPs about gambling disorders. Sheffield coroner David Urpeth said Ritchie’s …

L’Autorite Nationale des Jeux (ANJ), France’s unified gambling regulator, has been given government approval to directly order IP blocks on unlicensed betting/gaming websites.   On 2 March the French government approved amendments to the “Law to Democratise Sport” that granted new regulatory powers to the ANJ to clamp down on unlicensed remote gambling activities. Amendments will …

The Horseracing Betting Levy Board (HBLB) has issued a ‘going concern’ notice on the funding scheme’s ability to continue after it published a troubling set of financial results today.  This morning, HBLB declared its annual report and accounts for 2020/2021 to DCMS, revealing that betting levy receipts taken for the year ending March 2021 had …

The Russian invasion of Ukraine is now in its ninth day, and criticism from a range of political arenas and economic areas has continued to mount, including the betting space. Issuing a statement today, the European Lotteries and Toto Association (EL) criticised the invasion and called for peace, whilst LeoVegas has become one of the …

The betting and gaming market in Sweden has continued to grow in 2021, in terms of total sales and consumer numbers, according to the Swedish Gambling Inspectorate, Spelinspektionen. Publishing its full year report for 2021, Spelinspektionen reported that total Swedish gambling sales – meaning stakes minus winnings paid out – for the entirety of the …

The Chairs of Czech international lottery operator Allwyn and its parent company, investment firm KKCG, have joined wider industry and global condemnation of the Russian invasion of Ukraine.  Penning an open letter this morning, the two firms described Vladimir Putin’s military action against his western neighbour as a ‘senseless act of aggression’, whilst also decrying …

Entain Plc’s leadership duo of Group Chief Executive Jette Nygaard-Andersen and Deputy-CEO Rob Wood have outlined their shared objective to showcase the FTSE100 business’ innovation capabilities during 2022.  Innovation and organic growth were marked as ‘capital allocation priorities’ by Andersen and Wood, hosting yesterday’s Entain leadership conference call with investors and market analysts. The start …

Bet365 Group has experienced a bounceback from COVID-19, with the company reporting that profits remain high despite the amount wagered on sports across its platform falling last year. Issuing its financial statement covering the 12 month period ending on 28 March 2021, the Stock-on-Trent-based operator revealed that the amount wagered on sport on the bet365 …