Category Archives: Betting

Chiliz files injunction against Binance sponsorship of Argentine football. 

Chiliz the blockchain operator of football fan token Socios.com has filed a commercial injunction against the Argentina Football Association (AFA).  The injunction has challenged the sponsorship of the AFA by leading cryptocurrency exchange Binance, which this week was announced as Argentine football’s ‘global partner’. Securing Argentine football’s history biggest ever sponsorship, the AFA declared that …

IOC raises awareness of match-manipulation ahead of Winter Games

With the Beijing 2022 Winter Olympics approaching, the International Olympic Committee (IOC) has moved to raise awareness of the dangers of match-fixing and manipulation. In pursuit of this objective, the IOC has appointed eight new brand ambassadors, each representing a different competiving nation and a different Winter Olympics event, with the tournament scheduled to take …

Entain identifies ‘clear link’ between betting and video gaming

Following a new study, Entain has asserted that there is a strong correlation between betting and video gaming, whilst also anticipating greater future demand for esports products.  In particular, the survey of 16,000 people found that video gamers were 4.3 times more likely to participate in betting and 4.5 times more likely to participate in …

UKGC issues public notice on Free Draw & Prize Competitions

The UK Gambling Commission (UKGC) has clarified its regulatory oversight on ‘Free Draws’ and ‘Prize Competitions’, following an increase in public enquires related to ‘win a house’ or ‘win a cash prize’ competitions. Free Draws and Prize Competitions are not regulated by the 2005 Gambling Act. However, the Act provides a distinction in how Free …

Star Sports boosts content coverage with Spotlight Sports

Star Sports has announced a new retail content agreement with Spotlight Sports Group, that will see its 18 UK betting shop locations enhanced by the premium content suite of the Racing Post delivering betting news, insights and information.    The Partnership will see Spotlight Sports deliver a daily informative print product that covers upcoming horseracing and …

Horse Racing Ireland betting back on track in 2021 report

Horse Racing Ireland (HRI) has revealed its 2021 year-end figures which reported an on-course betting bookmaker turnover of €12.9m, showing an increase of 67.5% on the previous year. Results suggest that the industry has ‘bounced back from a difficult 2020’, with most figures far ahead of both the previous 12 months and the pre-pandemic figures …

PressEnter hires Qurban Hussain as CFO to accelerate growth strategy

PressEnter Group has confirmed the appointment of Qurban Hussain as Chief Financial Officer (CFO) of the Malta-based online gambling challenger brand operator.  A 15-year industry executive, Hussain has formerly led finance and accounting units for a number of distinguished igaming operators including Tipico, ZEAL Group, Probability Plc, Betfair and William Hill. As CFO, Hussain will …

Swedish government scraps reintroduction of online casino restrictions

The Swedish government’s plans to re-impose temporary restrictions on online casino in the country on 7 February have been scrapped, prompting relief from the betting sector.  Planned restrictions would last until the end of June, and include all temporary measures introduced last year due to the COVID-19 pandemic, including an SEK 4,000 deposit limit – …

Mikael Lijtenstein: Removing pain points from the withdrawal process

The user interface layer of a payments solution has long been considered to be a major pain point and conversion killer, according to AstroPay CEO Mikael Lijtenstein. But by taking a new, ‘radical approach’ to integrations in 2022, the payment provider hopes to streamline the user journey and ‘virtually remove all pain points’ for customers. …

Low6 completes $5m funding round ahead of IPO

UK-based sports gamification firm Low6 has announced its intention to publicly list in the US via an initial public offering (IPO), whilst completing a $5 million funding round. The free-to-play game developer, headquartered in Birmingham, detailed that the most recent round of funding would be used to support its continued growth, with a particular focus …