Author: Olivia Cole

The UK-based bookmaker Betfred revealed its decision to end its commercial partnership with British racing in July 2018, at the expiry date of the two parties’ exclusive deal. The company’s Chief Executive Officer Fred Done revealed that all of the operator’s betting shops on the racecourse are to be officially closed, except for Chelmsford and Ascot, and now both Betfred and local sport industry would have to get used to living without each other. Betfred, which have been one of the largest sponsors of races and a successful on-course betting…

The investment company Blackrock has increased its stake in the Ireland-based bookmaker Paddy Power Betfair. The move is associated to the purchase of 346,023 shares of the gambling operator at the price of €28.5 million, with the shares being valued at the closing prize of the shares on Friday, September 15th. The news of the stake increase was revealed shortly before the bookmaker officially announced its results for the profit generated over the first half of the year to the end of June 2017. Despite that the operator reported that…

The leader of the One Nation Party Pauline Hanson is to call on the Australian Parliament to suspend online betting on lottery draws in the country. She provided more details on her opinion during a visit to a bayside newsagent in Brisbane today. According to Ms. Hanson, such a step is absolutely necessary in order for local authorities to protect Australian jobs and prevent them from being lost to online betting brands which are owned by overseas operators such as Gibraltar-based Lottoland. One Nation’s Pauline Hanson shared that currently, Australia-based…

After an extremely short relationship break, the international online gambling operator Betway and the professional eSports organisation Ninjas in Pyjamas (NiP) have decided to join forces once again. A strong expression of disapproval followed the two companies’ announcement of their partnership contract termination, at a time when Betway is one of the leading bookmakers in the online gambling industry and operates under a license issued by reputable regulatory body. Over the weekend, Ninjas in Pyjamas published an official announcement of the deal on its website, as well as a video…

The Chief Executive Officer of GVC Holdings, Kenneth Alexander, revealed that the company is still looking for deals to enlarge its market presence, but it will put them on hold until more clarity is brought in the gambling regulatory environment of the UK. The operator, which has rapidly grown to one of the leading online gambling companies on the territory of the UK, remains interested in consolidating its presence on the market via merger and acquisition deals. However, local gambling operators have been careful with making such plans due to…

A couple of days ago, one of the users of the Gambling Portal Webmasters Association (GPWA) forum posted a note signed by the Head of Partnership at Paddy Power Betfair, Anthony Elders. The note regards the attitude of the gambling operators towards marketing compliance and affiliate activity. In the note shared with the users of the GPWA forum Paddy Power Betfair confirmed that it was aimed to comply with the UK Gambling Commission’s Guidelines, so it was willing to make sure that its affiliates were acting in a manner responsible…

After a few months of efforts and expectation, things seem to be heading in the right direction for VideoSlots Affiliates. At the beginning of August 2017, one of the brand’s senior affiliate managers revealed in a thread of the Gambling Portal Webmasters Association (GPWA) forum that the brand added several transparency reports and explained that more were to come. More than a month later, on September 12th, he came back to reveal that VideoSlots Affiliates launched the deposit and withdrawal report in the morning, providing affiliates with the chance to…

Australia’s gambling ministers have signed a new agreement that is aimed at suspending sign-up offers pushing local customers to opening online getting accounts or referring a friend to do so. Under the terms of the newly-signed agreement, gambling operators including bet365, William Hill, Ladbrokes, CrownBet, Sportsbet, etc. will be banned from offering their potential customers various sign-up offers such as credits and free bets. New Australian Gambling Ministers Agreement The agreement was reached at a recent meeting of the country’s gambling ministers only a few weeks preceding the beginning of…

Last week, Tabcorp Holdings Limited revealed that the Supreme Court of Victoria has insisted that a meeting of Tatts investors must be scheduled for October 18th 2017 in order for the company’s shareholders to consider and vote on the two operators’ proposed merger. The Chairman of Tabcorp, Paula Dwyer, confirmed that Tatts had already released a Scheme Booklet about the proposed merger, saying that the Booklet represented an important step towards a possible deal that would result in a first-class gambling entertainment behemonth. Ms. Dwyer further explained that a combined…

The two daily fantasy sports (DFS) games and contests providers DraftKings Inc. and FanDuel Inc. have reached a $2.6-million settlement with the state of Massachusetts to resolve an investigation of the companies’ deceptive and unfair practices affecting local players. The Massachusetts Attorney General Maura Healey and her office announced the settlement, saying that it was a good thing such agreements were reached to address the customer issues that had existed in the industry. Legal Issues As mentioned above, the two companies, which are currently among the leading daily fantasy sports…