Category Archives: Betting

PressEnter hires Qurban Hussain as CFO to accelerate growth strategy

PressEnter Group has confirmed the appointment of Qurban Hussain as Chief Financial Officer (CFO) of the Malta-based online gambling challenger brand operator. A 15-year industry executive, Hussain has formerly led finance and accounting units for a number of distinguished igaming operators including Tipico, ZEAL Group, Probability Plc, Betfair and William Hill. As CFO, Hussain will …

Swedish government scraps reintroduction of online casino restrictions

The Swedish government’s plans to re-impose temporary restrictions on online casino in the country on 7 February have been scrapped, prompting relief from the betting sector. Planned restrictions would last until the end of June, and include all temporary measures introduced last year due to the COVID-19 pandemic, including an SEK 4,000 deposit limit – …

Mikael Lijtenstein: Removing pain points from the withdrawal process

The user interface layer of a payments solution has long been considered to be a major pain point and conversion killer, according to AstroPay CEO Mikael Lijtenstein. But by taking a new, ‘radical approach’ to integrations in 2022, the payment provider hopes to streamline the user journey and ‘virtually remove all pain points’ for customers. …

Low6 completes $5m funding round ahead of IPO

UK-based sports gamification firm Low6 has announced its intention to publicly list in the US via an initial public offering (IPO), whilst completing a $5 million funding round. The free-to-play game developer, headquartered in Birmingham, detailed that the most recent round of funding would be used to support its continued growth, with a particular focus …

Super Group secures Friday listing on NYSE

Super Group, the operating company of Betway and Spin, has finalised its merger with SPAC partner Sports Entertainment Acquisition Corporation (SEAH). As a result of the transaction, Super Group intends to issue its shareholding on the New York Stock Exchange (NYSE) beginning Friday 28 January. The duo expects all closing conditions for the business combination …

Spelinspektionen fine against ULS upheld by Swedish court

United Lottery Solutions’ (ULS) claim against a Spelinspektionen, Swedish Gambling Inspectorate, fine has been rejected by the country’s Court of Appeal. The SEK 700,000 (€67,104) penalty was imposed in 2019 after ULS breached laws relating to betting on lottery games, with the Inspectorate maintaining that the Lottoland subsidiary’s actions were not covered by its gaming …

NSoft provides its operators Optimove’s CRM marketing solution

NSoft has partnered with Israel-based CRM Marketing company, Optimove, to provide the company’s operations to its users. The collaboration has seen international betting and igaming supplier fast-track the integration with Balkan Bet, which is a long-time NSoft client already leveraging Optimove’s AI-mapped CRM journeys. Dubravko Simic, SVP of Sales and Business Department at NSoft, commented: …

Flutter opens Ceuta hub to support Spanish market growth ambitions

Flutter Entertainment has opened a strategic hub in the Spanish autonomous city of Ceuta to support its Spanish market operations. Local news sources have disclosed that the hub will form part of the ‘Flutter International’ unit of the FTSE100 gambling group, who are reported to be in the process of hiring 30 Ceuta based employees …

Flutter opens Ceuta hub to house Spanish market operations

Betfair finds new ambassador in ‘innovative’ Bryony Frost

Betfair, a subsidiary of Flutter Entertainment, has named top jockey Bryony Frost as an ambassador of the betting brand. The collaboration sees Frost share her views on racing and her weekly rides, including 12-time champion trainer, Paul Nicholls, two-time champion jockey, Ryan Moore, and TV pundits such as Kate Tracey, Kevin Blake and Vanessa Ryle. …