Latest Sports News
LeoVegas Shows 60% Increase In Second Quarter Revenue From Last YearAug 21, 2017
LeoVegas, the Nordic countries focused iGaming company has reported an astounding 60% increase year-on-year in its revenue for the second quarter of 2017. The company has reported an income of the three months of the second quarter ending up to June 30th of €49.7m, from the previous revenue of €31m as compared in the same period last year.
Ladbrokes Signs Betting Partnership Deal With Leicester City FCAug 21, 2017
Ladbrokes have signed a sponsorship deal with Leicester City FC, former Premier League champion. The deal will see Ladbrokes, UK and Ireland betting giant, become the official UK and Ireland betting partner for the football season of 2017/18.
Delaware $3 Billion Daily Fantasy Sports Industry Returns After A YearAug 21, 2017
The $3 billion daily fantasy sports industry is set to return after a year of exiting quietly, following the orders of Delaware Attorney General Matt Denn, as the daily fantasy sports violated the Delaware law that required the state to monitor all kinds of gambling. Despite the retaliations, the operators had to exit their services from the states.
PASPA Slammed Again For Its Shortcomings By American Gaming AssociationAug 20, 2017
In a recent post, Stacy Papadopoulos, AGA’s senior VP of industry laid emphasis once again on how inefficient PASPA is, and it is time for a change.
72 Year Old Arkansas Man Charged Of Running Illegal Sports Betting BusinessAug 19, 2017
A man is charged with one count of illegal gambling business and one count of money laundering in Arkansas. The man, Robert Enos Rogers, 72, has been operating sports betting business from his home since January 1, 2007. The business made around $2,000 a day and had five people involved in it by the February of this year.
TopBetta Awarded The U.S. Sports Betting Market LicenseAug 18, 2017
TopBetta has recently got an operational licence for its TopBetta Pty and the Global Tote subsidiaries in the US. The Global tote is a channel based island of Alderney. This license will allow the US licensed wagering operators to have access to global pools provided by the Global Tote.
Businessman Seán Quinn Launches New Sports Betting Company, ‘QuinnBet’Aug 18, 2017
Seán Quinn has launched, QuinnBet, a new online sports betting company. It is Quinn’s first business venture since the loss of his previous building materials, packaging and insurance empire.
Oddset Signs Deal With The German Football AssociationAug 17, 2017
The German Football Association (DFB), the governing body of football in Germany has confirmed its partnership with the German sports betting provider, Oddset. The deal is set to be valid until the end of 2018.
American Gaming Association Assures Nevada Of No Harm From Legalised Sports Betting In The CountryAug 16, 2017
The American Gaming Association gave assurance to Nevada that the demand of sports betting services in the state would not be affected by the legalisation of the sports betting across the country.
William Hill Signs The Deal With The Arena Racing Company To Provide An Overall Betting ExperienceAug 15, 2017
In order to provide better betting amenities, The Arena Racing Company(ARC) have become partners with William Hill. Now the wagers will also be able to relish the services provided by William Hill.
DraftKings And FanDuel Back In War, Following The Merger Call OffAug 14, 2017
Boston-based DraftKings and New York-based FanDuel called off the potential merger and are again set to win the market war of daily fantasy.
National Indian Gaming Association Clears Out Its Stand On Enrolling In American Sports Betting CoalitionAug 12, 2017
National Indian Gaming Association (NIGA) has released a statement, after a week of becoming a member of the American Sports Betting coalition clarifying its enrollment in a group which is fighting to bring an end to the nationwide ban on sports betting in the United States.
Cyprus Prepares New Gambling Regulations Eyeing Foreign InvestmentAug 10, 2017
The Cypriot lawmakers have been working for years to implement new gambling regulations for the nation. The expansion of both land-based and online gambling industry is in the works as a result of this development.
Royal Panda Celebrates Its Launch Of UK Sports Betting Online Platform By Offering as £1 million Cash PrizeAug 9, 2017
In celebrations of the launch of its UK sports betting online platform and primary sponsorship of Queens Park Rangers, Royal Panda, the Malta-based operator is giving away as much as £1 million or other cash prizes. The company already has established its name in the UK casino industry by offering a broad range of game by leading software developers.
Portugal Gives Out Eight Online Gaming Services License Under Regulated Gambling MarketAug 8, 2017
Serviço de Regulação e Inspeção de Jogos (SRIJ), the Portugal online gambling regulator has issued its eight licenses to the operators, Estoril Sol, to provide online gaming services in the country.
DraftKings Plans To Lunch Its Services In Irish MarketAug 6, 2017
Daily Fantasy Sports Giant DraftKings is planning to provide its gaming service in Ireland in coming times. Though the company has not yet disclosed the exact launch date of the services, it is expected before the end of this year.
Increased Betting Taxes Likely To Hit Irish HorseracingAug 5, 2017
A higher tax rate has been proposed by Horse Racing Ireland (HRI), Ireland’s horse racing governing body for the betting sector. The body has asked the Industry to implement an increase in 1.5% for sports betting through a petition which was submitted to the Department of Finance.
Ladbrokes Signs Deal With Sheffield United Football Club To Become The Club's New Official Stadium Betting PartnerAug 4, 2017
A three-year deal has been signed by Ladbrokes which is a huge European betting company. The deal will have a new EFL Championship team Sheffield United Football club. The deal has declared to give betting services at the club’s 32,000-seater, Bramall lane stadium, along with brand advertising which would be accessible to the club’s social media and club websites.
Maine Joins Arkansas, Becomes The 15th State To Legalise Fantasy SportsAug 3, 2017
Maine legalises paid-entry fantasy sports this year and becomes the fifth state this and 15th state otherwise to do so. The law came into force on Wednesday. Just a few days back the state of Arkansas passed the law legalising fantasy sports.
Research Reveals More Than 60% Kenyans Fear Heavy Taxes May Kill Betting IndustryAug 3, 2017
A poll conducted on 822 respondents from the seven counties- Nairobi, Uasin Gishu, Meru, Nyeri, Kisumu, Mombasa, and Kakamega, revealed that more than 60% of the Kenyans do not support the recent legislation imposing a 35% tax on the betting companies. Only about 22% of the respondents were in support of it.
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