Category Archives: Betting

PointsBet targets transatlantic development with Dublin office launch

PointsBet, the Melbourne-based but US-focused betting operator, has announced an expansion of its European operations with the opening of a new HQ in Dublin.  The office marks the ASX-listed betting and igaming operators first major operational presence in a European country, as well as a strengthening of its presence in the Irish market in particular. Supported …

888 struggles to find backers for £1bn debt bond

The financial uncertainty and volatility of global markets continue to impact the online gambling sector as 888 Holdings is reportedly struggling securing investors to back its £1bn bond.  During H1 trading, 888 proceeded to issue a £1bn debt bond, needed to finalise its £1.9bn takeover of William Hill’s UK and international units from Caesars International.    …

Virgin Bet extends Ayr Gold Cup sponsorship following 2021 success

Virgin Bet has announced a continuation of its partnership with the Ayr Gold Cup to maintain naming rights of the three-day Virgin Bet Ayr Gold Cup Festival. The Scottish flat race runs from Thursday 15-17 September, whilst the betting operator will also hold title sponsorship of the competition’s main feature race. “Following the success of …

Spain eyes under-18 ban of loot box incentives 

Spanish media has reported that the Ministry of Consumer Affairs ‘will follow Japan and Belgium’ in prohibiting minors (under-18s) from engaging with loot box rewards or incentives.  The decision will be announced as Alberto Garzon, Spain’s Minister of Consumer Affairs finalises his department’s first draft of a ‘legislative decree’ on the governance of video game …

Betfred maintains profit results against severe 2020/2021 pandemic restrictions 

The management of Betfred has declared that it looks forward to a year of no business interruptions, helping its retail and online units benefit from normalised trading environments. Publishing its consolidated 2020/2021 financial report on Companies House, the Manchester betting group registered group profits after tax of £6m. The bottom-line result was matched against 2019/2020’s …

Simon Westbury, Digitain: Innovation is much more than just invention

Betting and gaming companies should be taking risks when it comes to innovation, Digitain’s Chief Business Officer Simon Westbury told SBC, as this can lead to new channels of growth. Speaking at the recent SBC Betting on Sports Europe conference, Westbury reflected on the first six months of the year – highlighting some of the …

Winning Post: Knight rides the Rambling Rhodes

Regulus Partners reports that Gambling Commission Chief Executive Andrew Rhodes was ambushed by Julian Knight MP on questions related to mandatory affordability checks,  a subject that gambling stakeholders require transparency on the review’s pending technical reforms.  The Gambling Commission found itself under fire once again this week as its chief executive, Andrew Rhodes appeared before …

DSWV demands new German regulator immediately fix GlüNeuRStv black market leaks

German sports betting trade association – Der Deutsche Sportwettenverband (DSWV) has urged new federal gambling regulaor Glücksspielbehörde der Länder (GGL) to immediately safeguard Germany’s online gambling marketplace against ‘unlicensed threats’.  Last week, the GGL formally took charge of the regulatory supervision of GlüNeuRStv, Germany’s Fourth Interstate Gambling Regime, replacing the executive of Saxony Anhalt, who had …

Premier League secures own terms to phase out betting sponsorships

The Premier League has made the decision to phase out betting company front-of-shirt sponsorships according to Sky News. The outlet reported this afternoon that English football’s top-flight will gradually remove arrangements which see betting firm logos appear on the front of team shirts ‘over the next few years’. However, in a compromise the League has …

Domenico Mazzola joins Flows after vacating Altenar position

Domenico Mazzola confirmed his departure from Altenar this week, as the firm’s Commercial Director takes up a new position at innovation platform Flows. The outgoing senior team member held his position at sportsbook solutions developer Altenar for four years and 11 months, initially taking up the role in September 2017. Mazzola’s tenure at Altenar oversaw …