Category Archives: Betting

FSB selects Ken Paterson to spearhead Tier 1 deliveries

FSB has bolstered its technology team with the appointment of Ken Paterson who will become the company’s new Global Delivery Director. Paterson, who previously served as the Chief Enterprise Architect at GVC, will be responsible for ensuring that FSB’s “technical procedures and infrastructures are in place to execute on-time, on-budget, high quality delivery” for its …

Entain H1 scarred by tough macro storms impacting online unit performance

Entain Plc’s trading momentum has dragged amid a tougher regulatory backdrop and a weaker macroeconomic environment reducing customer spend. The bellwether for online gambling PLCs this morning published a snapshot interim 2022 trading update, which saw the FTSE100 group maintain NGR growth of 18%. Group growth was attributed to robust retail trading as Ladbrokes Coral …

Yolo Investments secures stake in Apparat Gaming’ ‘developing story’

German start-up Apparat Gaming has secured its first round of investment, as Yolo Investments acquires an interest in the firm. Purchasing the stake for an undisclosed sum, the Guernsey-based venture capital fund made the decision after noticing that the games developer was ‘making waves’ in the European sector.  The move falls in line with Yolo’s …

Punters smell Boris’ blood but remain cold on exit method & weak successors 

Trading teams report on a roller-coaster 24-hours repricing UK political markets, as once again Boris Johnson’s future as PM is on the brink of a total collapse. Peak betting activity was triggered yesterday afternoon, as news broke of the double whammy of senior resignations led by Health Secretary Sajid Javid, who was quickly followed by …

Tiidal Gaming’s Sportsflare secures licensing deal with Bayes Esports

Sportsflare, a subsidiary of Tiidal Gaming Group, has become the latest company to join Bayes Esports’ network of partners after the two signed a new licensing agreement. By working together with Bayes Esports, Sportsflare will benefit from real-time live data for a host of esports titles such as League of Legends, CS:GO and Dota2. This …

OpenBet partners with Allwyn to enhance European profile

OpenBet, the sportsbook division of Light & Wonder, has partnered with Czech lottery operator Sazka to support the latter’s online and mobile wagering operations.  Part of the Allwyn Group – formerly the Sazka Group before its rebrand earlier this year, with Allwyn initially the UK identity of the company – Sazka maintains a Czech market …

Man City names 8XBet Asian-betting partner but regulation concerns are raised

8XBet has formed a partnership with Manchester City FC as the brand becomes the official betting partner of the Premier League club in Asia. The gambling firm will gain exposure through LED signage in the Etihad Stadium and a presence in the region across digital assets and the club’s Cityzens platform. However, the new deal …

DCMS stands firm against Camelot’s £600m pursuit of National Lottery damages

Camelot UK’s High Court challenge of the Fourth National Lottery Licence Competition could cost the UK government £600m in damages – should the lawsuit deem the competition as an unfair outcome.  The operating steward of the National Lottery since its 1994 inception, Camelot refuses to accept the ruling of the UK Gambling Commission (UKGC) to …

LSports goes scout free with new Computer Vision data feed

Real time sports betting data provider LSports has developed “advanced computer vision technology” which, it claims, will support the launch of its new machine-driven sports data feed. The CV-based feed, according to LSports, does not require scouts, and will instead use an automated solution to analyse live sports streams in real time and convert that …