Category Archives: Betting

Honk Kong racing reveals ‘record’ prize money of £158 million

The Hong Kong Jockey Club has revealed that it is going to offer a ‘record total’ prize money and incentives of HK$1.62 billion (approximately £158.6 million) across the 2022/23 racing season. The overall purse will be bolstered by a record single-season increase of 11.5% (HK$167.2 million) and feature a range of innovations, including increases in …

Campaigners call for Scottish greyhound racing ban

The Scottish SPCA, one of Scotland’s leading animal welfare organisations, has called on MSPs to initiate a ban on greyhound racing in the country. In a letter to Scottish legislators, the body’s Chief Superintendent, Mike Flynn, described greyhound racing as an ‘outdated industry’ and pointed to cases of death and injury to greyhounds, as well …

Approval of Debit Card use divides Buenos Aires on Safer Gambling duties

The government of the Province of Buenos Aires has authorized the use of electronic payments, leading to casinos now being able to accept debit card use. As a response, different groups argued that this approval could lead to problem gambling issues. Through a new measure from the Provincial Institute of Lotteries and Casinos (IPLyC), the …

Howard Mittman to lead 888’s stateside operations

As the firm continues to increase its focus on the expanding North American betting and gaming market, 888 has announced Howard Mittman as President of its US operations.  In his new role at 888, Mittman will be responsible for coordinating the Gibraltar company’s strategic partnership with Authentic Brands Group (ABG), in addition to the rollout …

OPAP offloads Betano stake to Allwyn investment vehicle

OPAP SA has notified investors that it has divested its ‘minority interest’ in Betano, the Pan-European sportsbook subsidiary of Kaizen Gaming.  Issuing a market filing, the Athens-listed gambling group disclosed that it had sold its 36.75% stake in Betano to Rubidium Holding – a fully owned ‘indirect’ investment vehicle of Allwyn Entertainment. Deal terms will …

OpenBet names Stewart Groumoutis VP to lead Canada commercial drive 

OpenBet has announced the appointment of Stewart Groumoutis as Commercial VP for Canada, expanding the sportsbook technology supplier business’ development resources within North America’s most nascent marketplace.  An expert in Canadian gambling, Groumoutis joins OpenBet’s North American senior management team after formerly serving as Director of eGaming for the British Columbia Lottery Corporation (BCLC). During …

888 Q1 revenue declines 18% ahead of William Hill integration

888 Holdings has detailed that both its B2C and B2B operations suffered a substantial decline during first quarter trading, citing a number of factors impacting the FTSE250 group’s commercial performance.    Publishing a trading update for Q1 2022, 888 detailed a year-on-year corporate revenue decline of 18% to $224 million (2021: $273m –  a percentage decline …

Incentive Games secures ‘flagship moment’ with Esports Technologies deal

Incentive Games and Esports Technologies have entered into a commercial agreement, with the former supplying the esports betting provider with free-to-play games.  The software licence and service agreement deal will see Esports Technologies incorporate a customised suite of free-to-play products into its range of brands, including a number of European operators.  Esports markets covered by …

Northern & Shell joins Camelot challenge of National Lottery tender 

Northern & Shell Plc, the publishing group of Richard Desmond, will appeal the UK Gambling Commission’s (UKGC) decision to award the 4th National Lottery operating contract to Allwyn Group.  According to a Financial Times report, Northern & Shell will join ousted incumbent Camelot UK in launching a High Court appeal against the UKGC’s decision to …

SBC Awards 2022 set for Barcelona in September

The SBC Awards are moving to a new location and a new spot in the sports betting and igaming industry calendar, as the 2022 ceremony will take place in the magnificent setting of the Palau Nacional in Barcelona on 22 September. The switch from the customary December date in London will see the Awards staged …