Category Archives: Betting

JKO secures Bhargava backing in hot pursuit of Playtech  

Eddie Jordan, who leads JKO Play’s takeover pursuit of Playtech Plc, is reported to have secured the financial backing of former Party Gaming enterprise co-founder Vikrant Bhargava.  The Sunday Times reported that the British Indian tycoon will serve as a co-financier of JKO’s bid that requires its submission to Playtech governance by 2 February. As …

Betway maintains esports foothold with Beastcoast renewal

Betway has renewed its partnership with Peruvian Dota 2 Beastcoast, marking a continuation of its strong commercial position in the international esports wagering space. The current arrangement between the Super Group-owned sports betting operator and the esports team will see the continued development of exclusive content such as the Illuminate talk show.  Additionally, the duo …

Betby to provide solution to Hero Gaming in global deal

An international agreement will see Betby supply Hero Gaming with its full solution across a number of jurisdictions, with a focus on ‘key emerging markets’. Under the terms of the partnership, Betby will provide the firm with its full AI-powered end-to-end sportsbook solution, covering 900,000 live events a year, as well as its Betby Games …

GambleAware enlists Adferiad Recovery to extend NGTS residential rehabilitation

GambleAware has commissioned Adferiad Recovery to provide residential rehabilitation for adults with gambling disorders and complexities, as it looks to expand its offering of the services. Adferiad Recovery, will work in partnership with Gordon Moody in a three-year pilot project to extend the National Gambling Treatment Service (NGTS) provision of residential rehabilitation for gambling disorder. …

Codere bondholders call for Argentine break-up 

The break-up of Grupo Codere SA has begun, as debt-holders of the former Bolsa Madrid gambling group are reported to have contacted PE funds and interested parties with a view to selling the firm’s Argentine unit.  Sources close to bondholders disclosed to El Pais that Codere’s break-up would begin with a planned sell-off of its …

Winning Post: Will New York become US sportsbooks’ rotten apple?

Regulus Partners returns to action this 2022, examining the hazardous playing field of the high tax and compliance New York sportsbook marketplace that made its debut this weekend. Investors and stakeholders await to see how NY’s nine licensed incumbents will proceed in a market that holds a visibly flawed model for participants… While the New …

Campaigners call for National Lottery restructuring due to good causes funds

Gambling reform advocates, including MPs, have called for an overhaul of the National Lottery – specifically in relation to good causes funding, according to The Guardian. The outlet has reported that politicians such as Sir Iain Duncan Smith have called for a fixed percentage of the National Lottery operator’s revenue to be directed towards good …

CNMV guarantees Garzon amendments on safer gambling as a market duty

CNMV, the National Securities Market Commission of Spain has approved amendments made to the 2011 Gaming Law sanctioned by the Ministry of Consumer Affairs. The independent agency responsible for Spain’s financial regulation and market securities endorsed new amendments imposed on the 2011 Gaming Law that require safer gambling provisions to be treated as key criteria …

Sky Bet recruits Roy Keane to promote ‘no nonsense’ betting app

Sky Bet has debuted its new TV spot for its existing ‘Betting Better‘ nationwide campaign featuring former Manchester United and Republic of Ireland captain Roy Keane.  The TV spot developed by London creative advertising agency Who Wot Why sees a ‘no nonsense’ Keane avoid a series of irritating obstacles on his way to a football match.  …

SBC Leaders: Rush Street will ‘keep trucking’ on local and international growth

With a new year comes new opportunities, and for Rush Street Interactive (RSI), the focus will remain on maintaining momentum on both the domestic US market and internationally.  Appearing in the latest episode of the SBC Leaders podcast Lauren Seiler, Associate Vice President of Investor Relations and Development at RSI, spoke to SBC Global Relationship …