Category: Sports Betting and Fantasy News
William Hill exercises Miapuesta call option
SBR – British bookmaker WilliamHill (SBR rating A) has finalised their acquisition of Spanish-facing betting company Miapuesta. WillHill took advantage of a six-month call option it held in its pocket following the initial agreement with Miapuesta’s parent company Sportingbet (SBR rating D+), which SBR reported on earlier in the year. WillHill had the benefit of a relatively quick approval by SportingBet shareholders in the deal, as reported by SBR in February. The total WillHill acquisition of SportingBet was worth up to a total of $716.4 million. WilliamHill intends to totally rebrand the Spanish business and is keen on improving their…
Deutsche Telekom confirms potential acquisition of Deutsche Sportwetten
iGaming Business – Deutsche Telekom confirmed that it had applied for one of the 20 online sports betting licences that will be made available by the authorities in Germany and is looking at acquiring Deutsche Sportwetten, a subsidiary of Casino Austria. The German telecoms group told Reuters that the process was at a very early stage and it was “not yet certain whether that (it) will turn into an operating business”. The German telecoms giant was allowed to operator and offer online betting products by its board members and shareholders in 2012 and has submitted the application to the Interior…
Betting on both teams to score
This Week in Gambling – Betting on both teams to score is one of the fastest growing bets around and the main reason for that is that it is fun. Of course, it’s also a great way to make money, throwing up several great opportunities every week in the English Premier League and other divisions across Europe. However, as said, for many people betting on both teams to score remains a fun bet that means they can cheer both sides on for the full 90 minutes. Even a game that has been locked at 0-0 for the entire game can…
Arsenal probe ‘betting’ Tweet
Euro Sport – Arsenal have confirmed they are investigating “as a matter of urgency” whether academy coach Mark Arber bet on the signing of Mesut Ozil. Former Dagenham and Dartford defender Arber, whose father Bobby has also worked for the Gunners as a scout, posted a Tweet on his personal account, @1Arbs, on Monday that suggested he had bet on Germany midfielder Ozil’s impending move to the Emirates Stadium. “Lovely bit of 14-1 Mesut,” he wrote. The Barclays Premier League club are now looking into the potential breach of gambling rules. A club spokesman said: “We take this very seriously….
Betfair ‘on track’ after first-quarter results
iGaming Business – Betting exchange, online casino and sportsbook operator Betfair has insisted that it remains on track to meet full-year expectations after reporting a 13% fall in year-on-year revenue to £90.4 million (€107.2 million/$141.5 million) in the three months through to the end of July. The drop has been attributed to Betfair’s decision to pull out of Greece, Germany, Spain and Cyprus, with the company claiming that it is starting to benefit from cost-cutting measures and a focus on well-regulated betting markets such as Britain, Ireland, Denmark, Malta, Gibraltar and the United States. As an indication of Betfair’s improving…
Ladbrokes To Launch In Australia
HorseRacing.com.au – One of the world’s leading betting and gaming companies, Ladbrokes plc., has entered the Australian betting market after acquiring Gaming Investments – the holding company and owner of online gambling operator Bookmaker.com.au – for an initial fee of $22.5 million with further payments based on results. Ladbrokes is one of the world’s best known gambling brands and offers betting services to punters all over the world through their website, telephone betting operation and retail-betting shops that can be found in the United Kingdom, Ireland, Belgium and Spain. The global gambling operator will launch their own site, Ladbrokes.com.au, in…
South Point Casino rolls out mobile sports betting app
South Point has become the fourth company to offer a mobile sports betting app after launching its service Tuesday at five Nevada locations, including four in Las Vegas. The app, available for the iPhone, iPad, Android and Android tablets, is free to download and resembles the William Hill app that has been available in Nevada for more than a year. South Point Casino began advertising its app Friday in its sports book. A website is available at nvsportsbooks.com to answer questions gamblers might have. The app requires a minimum $100 deposit. Out-of-state residents are allowed to sign up and fund…
William Hill completes Miapuesta takeover
iGaming Business – UK bookmaker William Hill has completed a takeover of Spanish-facing betting provider Miapuesta. William Hill exercised a six-month call option to finalise the transaction, which was included in the bookmaker’s acquisition of Miapuesta’s parent company, Sportingbet, in March. William Hill is now expected to rebrand the Spanish business, which started trading in June 2012 after being granted a licence to operate in the country. The head of William Hill in Spain, Miguel Valdes, said that the deal represented “tremendously positive” news for the Spanish company. “This agreement will expand the supply in areas like football betting and…
















