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Gambling Law & Society News (1181 articles)

Pinnacle Sports to Withdraw from British Market

Another operator has decided to withdraw from the British market due to upcoming changes to gambling licensing regulations. Pinnacle Sports will no longer offer services to British punters after September 30, 2014. As of October 1, 2014, as required by the Amendments to the Gambling (Licensing and Advertising) Act, operators accessing the British market will...

Gambling Law & Society News

Fortuna Entertainment Takes on New CEO

Fortuna Entertainment Group has placed Per Widerstrom in the position of Chairman of the Management Board and Chief Executive Officer effective during the final quarter of 2014. Widerstrom comes with experience as part of the Gala Coral Group where he acted as Managing Director of Gala Interactive among other roles. He also previously worke...

Gambling Law & Society News

Top Bookies to Launch New Watchdog - Update

The UK Gambling Commission supports the launch of the Senet Group watchdog and applauds the commitment shown by the four founding bookmakers, William Hill, Ladbrokes, Cora...

Gambling Law & Society News

Top Bookies to Launch New Watchdog - Update

The imminent launch of the new watchdog founded by William Hill, Ladbrokes, Coral and Paddy Power has been named. The name, The Senet Group, is named after Senet, and Ancient Egyptian game of chance. The group is expected to be up and running to full capacity by January 2015, and will do its own test purchasing to ensure that operators comply industry sta...

Gambling Law & Society News

Top Bookies to Launch New Watchdog

As a result of the negativity surrounding UK retail betting shops and Fixed Odds Terminals, Gala Coral, Ladbrokes, Paddy Power and William Hill have banded together to create a new industry watchdog, set to launch this week. The aim of the watchdog is to be independent of the founding companies and objective in the monitoring and revealing of dishonesty in th...

Gambling Law & Society News

Sportradar Partners with Hong Kong Football Association

Sports betting data provider Sportradar has entered into an agreement with the Hong Kong Football Association to provide security services for several matches. Sportradar will monitor betting with the use of its Fraud Detection Service, which is to be used in 113 games in the Hong Kong Premier League, League Cup, Community Shield, Senior Shield, FA Cup and Pl...

Gambling Law & Society News

PMU CEO Resigns

This week, Philippe Germond, chief executive officer of French operator Pari Mutuel Urbain, has handed in his resignation from his position. He has been with the company for just over five years and will take on the position of chief executive officer for a car rental company Europcar Groupe in 2015. During Germond’s tenure with the company, PMU logged a...

Gambling Law & Society News

Will Hill US to Jump in on New Jersey Sports Betting Industry

With the potential growth of sports betting in New Jersey, William Hill U.S. is in a really good position to jump in. They’ve already entered into a deal with Monmouth Park Racetrack in Oceanport New Jersey and have become Monmouth's exclusive sports betting provider once legalized by the Federal government. “One day sports betting will be legal in New Jers...

Gambling Law & Society News

CONCACAF and ESSA Agree to MOU

The European Sports Security Association (ESSA) and the Confederation of North, Central American and Caribbean Association Football (CONCACAF) have outlined the sharing of betting integrity in a memorandum of understanding (MOU). “CONCACAF follows a multi-step approach in the fight against match-fixing in order be able to prevent, detect, investigate, and res...

Gambling Law & Society News

Formula 1: Ferrari boss steps down after 23 years

Ferrari chairman Luca Di Montezemolo is to step down from his position at the legendary Formula 1 team. His departure comes after a poor season on the track and constant disagreements with Sergio Marchionne, chief executive officer of parent company Fiat. "This is the end of an era after almost 23 marvellous and unforgettable years," said Di Montezemolo, aged 67....

Gambling Law & Society News Sports Events

Betfair New Jersey Online Operation to Continue After Land Based Partner Closes

The New Jersey Division of Gaming Enforcement will permit Betfair continue its online operation followed the closure of its New Jersey partner, Trump Plaza set for September 16th. According to the Bloomberg business news report, David Rebuck, director of New Jersey’s Division of Gaming Enforcement said, “The division will consider input from all involved part...

Gambling Law & Society News

SBObet and 12Bet Withdraw from British Market

Asian focused online sportsbook SBObet will be bowing out of the UK market as of September 15, 2014 due to upcoming point-of-consumption regulations. Players were notified via email and explained that the regulations are the reason for its decision. Players were also assured that they will have until end of the month to settle their accounts. If no action is t...

Gambling Law & Society News

Agtech Expansion

Investors were given a general idea of Agtech’s, an online sports lottery company, big plans for expansion with a brief listing of key points on the Hong Kong Stock Exchange. Highlights include: Better virtual sports lottery results during Q3 2014; Plans to acquire undisclosed Chinese company; New marketing strategy for e-Ball gaming in the Jiangs...

Gambling Law & Society News

Germany Grants Additional Sports Betting Licenses

In addition to Mybet, the German Hesse Ministry of the Interior and Sport has approved licenses for Bwin, Betfair, Digibet and Ladbrokes as well as several German operators. Local operators approved for licenses: Admiral Sportwetten Albers Wettbörsen Deutschland Bernd Hobiger Bet...

Gambling Law & Society News

Mybet to Receive German Sports Betting License

The Hesse Ministry of Interior and Sport notified mybet Holding SE parent company Personal Exchange International Ltd (PEI) that it will grant it a license as of September 18, 2014, at the earliest. Sven Ivo Brinck, chief executive officer said, "We are delighted at the news that our application ranks among the twenty best and that the ministry intends to gra...

Gambling Law & Society News

Inspired Gaming Announces New Appointments

Mark MacCombie has been named as Inspired Gaming Group’s (IGG), a virtual sports company, business development director. Other appointed positions include Al Sayce as account director and Neil Brookes as product manager to its Virtual Sports division. Steve Rogers, senior vice president of Virtual Sport...

Gambling Law & Society News

BetButler Goes Offline

BetButler Limited has gone offline claiming that it has been approached by a third-party regulated gaming business seeking the acquisition of its customer database which would include player account balances processing withdrawals. BetButler recently acquired social gaming site Bodugi's debts but the company is no longer trading as its development will take "...

Gambling Law & Society News

OPAP Seeks Horse Racing License

Greece has a 20-year license to accept horse racing wagers as part of a privatization plan with international lenders. OPAP entered into a partnership with UK fund manager Global Family Partners for the license within days of the Greek privatization agency HRADF’s rejection of a deal...

Gambling Law & Society News

Alabama Man Caught in Illegal Operation of Sportsbook

An Alabama man, 39-year-old Mark Andrew Edmondson, has entered a plea agreement on chin response to illegal sportsbetting charges. Edmondson is accused of operating the online sportsbetting site, Betkill.net which generated $67,000 in profit over the course of three years. Edmondson's attorney Tommy Spina said, "It's not charged as bookmaking cases have bee...

Gambling Law & Society News

Australian Racing Attempting to Pull Punters Away from Illegal Operators

Australian racing is working with local bookmakers in an attempt to get them to accept wagers from high rolling punters to pull them away from illegal offshore online operators. Andrew Catterall, Racing Victoria's chief commercial and strategy officer, said, "Currently there is no legislation enforced to prevent Australian punters moving their betting activity...

Gambling Law & Society News

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