Betting

However, the supplier’s net loss grew 45% during the period, to $352.4m. This is explained by costs including that of restructuring and the $151.5m settlement it agreed in December, over a legal dispute with Shuffle Tech. Subsidiary SG Digital more than trebled its adjusted EBITDA from $16m in 2017 to $54.1m in 2018, with revenue […]

You described 2018 as a transformational year in GVC’s full year report. Could you expand on that? We had a fantastic 2018. Group revenue was up 8%, EBITDA was up 13% and underlying operating profits were up 19%. We finished the year ahead of the current market expectations for 2018. We declared another 16p dividend,

William Hill purchased a 92% stake in Mr Green’s parent company, MRG, in a £245m ($315m) deal in January. Jonker is yet to begin in his role at William Hill; he is due to start in mid-March, having served as Managing Director of operator Betsson Group since 2014. This means Per Norman will step down from

Sportsbet, a Paddy Power Betfair subsidiary, was initially investigated by Liquor & Gaming New South Wales for enticing punters to get their friends to open gambling accounts. The operator pleaded guilty and was fined A$10,000, also being ordered to pay over A$7,000 in legal costs for breaching the state’s gaming laws. The advertisement, posted on

Sports betting is currently legal in Rhode Island but only through retail wagering at Twin River casinos in Lincoln and Tiverton. However, Senate President Ruggerio introduced a mobile sports wagering bill in January, which the General Assembly has now passed. Ruggerio was aided by Democratic House Speaker Nicholas Mattiello, with their efforts proposing the creation

Fedeli wrote to federal Finance Minister Bill Morneau, requesting an amendment to the Criminal Code of Canada.    It is currently illegal to bet on single sporting events in Canada. The Trudeau Liberals could legalise single game sports betting this  spring, before the Canadian Federal Election in October. Fedeli tweeted: “It is time to legalise

Speaking to the press, Kenya’s Interior Minister, Dr Fred Matiang’i, said the government will be “turning betting inside out” and suspending licenses from 1 July if companies do not pay the appropriate taxes. The Betting Control and Licensing Board has been ordered by the Interior Minister to oversee operators and ensure they are in compliance

A total of 14.5 million bets were placed on the Grand National race alone. Bets per minute increased by 25% from 2018, reaching a high of 25,000. The recent Cheltenham Festival saw SG Digital’s sportsbook customers process over 48.2 million bets more than the four-day event, reaching a peak of 26,000 wagers per minute. SG

Letlat has said he will make the supplier’s customer first strategy his primary focus, as he looks to improve the company’s services and products. Letlat was previously VIP Account Manager and Sales Representative at Betway, before holding various roles at Betsson, including CRM Manager and Customer Insight Manager. His last industry role was as General

FanDuel will start with streaming tennis and European football, both via Sportradar. Players will be able to watch a particular live game and also have live odds available to them on the same screen. This ensures they don’t have to leave the stream at any point to place a bet. The agreement is not exclusive,