Betting

The gobal betting exchange, which allows players to bet against each other, currently charges a 2% commission on all sports markets and matches more than £75m ($99.1m) worth of bets per week. But after a successful trial period, which included offering 0% commission on the final three Grand Slam tennis tournaments of the year, the […]

They tried to fill the void, they really did: Wimbledon, the men’s Cricket World Cup and even football tournaments like the Fifa Women’s World Cup and the Copa America. For brief periods, they even succeeded. But, for every football bettor (and operator), nothing quite matches the return of the English Premier League. Despite having other

Did you ever hear about the 10-year-old who won the Swedish lottery? Henrik Tjärnström gives Gambling Insider the ‘exclusive’ story: “I was 10-years-old in 1980 and I actually won SEK 6,500 ($684), which was quite a lot of money for a 10-year-old at that time. My mother invested it in bonds and I got some

Two main factors affect Olympics betting in Asia , as Fox explains. The first is the event being held on the continent and during an Asian time zone;  the second is the fact it contains two of the most popular sports for Asian bettors: football and basketball. Of the two, Fox says basketball could be

Despite the drop, the operator has labelled 2019 a “well-executed year of transition,” with April’s reduction of maximum stakes on fixed-odds betting terminals from £100 to £2 certainly creating a significant impact for the company. William Hill was also comparing a 52-week period to a 53-week period for the year prior. Adjusted operating profit from

The platform will offer up to two live streams per day throughout the NHL season. The games will be viewable in states with legal sports betting, with live streaming available to customers who have deposited into their sportsbook account or wagered on an event. Last month, IMG Arena secured the rights to provide operators with

Through the deal, the two companies will launch ‘Racing Post Live’ – a new show covering horseracing festivals throughout the year. Covering more than 42 live racing events, the show will feature racing experts from Spotlight Sports Group and Betfair Exchange, offering tips, insight and reaction to horseracing. Gethin Evans, Spotlight Sports Group Digital Marketing

However, the marginal annual growth was accompanied by a 5% reduction in adjusted EBITDA, to £9.3m. Adjusted profit before tax from continuing operations also halved to £1m, during a year of transformation and adjustment for the company. Accounting for the company’s sports betting investment, Sportech registered a statutory loss before tax from continuing operations of £8.4m.

Last week, the Chancellor of the Exchequer announced the Government would be providing a business rate holiday for “every single shop, pub, theatre, music venue and restaurant and any other business in the retail, hospitality or leisure sector.” The relief excluded the gambling sector, however, with bingo halls, betting shops and casinos classified as ‘financial

In the absence of football, tennis, Formula 1, American football, basketball and more, some bettors are turning to table tennis in states like Pennsylvania and Indiana. But, to generate revenue on a much larger scale, sports wagering firms simply have to turn elsewhere. So which vertical stands to gain the most from sports betting’s hiatus?