Category Archives: Betting

Rank to collect + £80m HMRC VAT settlement

Rank Group Plc has reached an agreement with HMRC in relation to its outstanding VAT refund claim on slot machine income.  Providing a market update, Rank disclosed that HMRC has agreed to issue a refund of £77.5 million paid machine duties paid from April 2006 to January 2013. In April 2020, an Upper Tribunal judgement …

Betinvest boosts eGames offering with eCricket tournaments from Esport Pro Club

Betinvest has expanded its eGames content solution with the addition of a new title, eCricket. Hosted by Esport Pro Club (EPC), eCricket tournaments are now available to Betinvest’s global network of partners from this month onwards. As of November 2021, Betinvest’s clients will get access to six tournaments (English Cyber Cup, Bangladesh Cyber Cup, Australian …

Back to our roots: Why sport is at the core of the Enetpulse identity

With a completely updated visual and voice identity, Enetpulse is aiming to bring even more excitement back into the sports data solutions they provide to the worldwide market. But what does this new sports vibe actually show? Well, it’s an acknowledgement of what the core of sports data is, according to Enetpulse.  In a conversation …

Codere liquidation ‘expected to begin shortly’ as financial restructuring completed

Codere SA has confirmed that its financial restructuring process, first initiated earlier this year, has been completed, with the planned liquidation of the international gambling group ‘expected to begin shortly’. The corporate reorganisation will see Codere SA relinquish its status as the parent company of the wider Codere operating group, 95% control of which will …

Entain weighs up $1bn buyout of OEG to gain total Baltic dominance 

Speculation mounts on the next M&A move of Entain Plc; following weekend reports that the FTSE100 gambling group is preparing a $1 billion (€890m) takeover of Olympic Entertainment Group (OEG).  Entain’s new target was disclosed by Bloomberg, citing “sources who wish not to be identified, as the information is private”. Yet, neither Entain nor OEG …

Premier League nets $2.7bn NBC Sports media rights renewal   

NBC Sports has retained its position as lead US broadcaster of Premier League matches, having agreed terms on a $2.7 billion (£2bn) renewal of its media rights contract. The US broadcaster is reported to have doubled the value of its existing contract to fend-off suitors ESPN, CBS and Warner as NBC extends its Premier League …

SBC Summit North America to tackle betting industry’s leadership challenges

The future of the U.S. sports betting industry, its relationships with professional sports organizations and media brands, and the sector’s investment landscape will be subject to in-depth examinations during the Leaders in Sports track at SBC Summit North America. Executives from companies including DraftKings, BetMGM, Penn Interactive, Bally’s Corporation, ESPN, and Yahoo Sports are set …

RMG & Timeline to lead distribution of Bahrain racing fixtures

Racecourse Media Group (RMG) and Timeline Television will lead the international production and distribution of media rights for Bahrain’s Sakhir Racecourse for its 2021/2022 season. The British racing media incumbents were selected by the Rashid Equestrian & Horseracing Club following a competitive tender. The partnership will see RMG work alongside Timeline’s production and broadcast facilities …