Category Archives: Betting

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 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 …

Low6 has reported it has achieved commercial targets for its UltimateFan offering, an app that operates fantasy sports platforms across a range of international sports. Launched last summer before the rescheduled UEFA 2020 European Championships, UltimateFan has now been installed over 150,000 times, and was further bolstered by the beginning of the 2021/22 National Football …

Paysafe Limited has announced the appointment of Daniel Henson as Non-Executive Chairman of the NYSE global payments group, replacing William P. Foley II. The decision was formally disclosed yesterday, as Paysafe published its full-year 2021 results in which the group suffered net income losses of $110 million. Paysafe has published a statement regarding its Chairman …

Multi-platinum record selling hip-hop star Drake has doubled down on his commitment to digital currency through a new collaboration with betting platform, Stake.com. As part of the link-up, Drake will come together with the platform for a series of exclusive live video streams throughout 2022. Of significance, Drake will collaborate Stake.com marketing teams to bring an exciting …

Total Performance Data (TPD) has signed an agreement with the Jockey Club of Saudi Arabia (JCSA), to track data from the Saudi Cup race meeting.  The multi-year deal was launched at this year’s Saudi Cup, held last weekend, with the live horse race data provider leveraging its tracking system at the event in cooperation with …