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David O’Reilly succeeding Bernard Marantelli as Colossus Bets CEO

Eva Karagianni-Goel, previously Colossus Bets’ CCO, will succeed O’Reilly in the COO role. Marantelli has moved to Spain with his family and believes it is the appropriate time to step away from day-to-day duties, remaining on board as a Colossus Bets consultant. The company confirmed in a LinkedIn post: “Today, we announce that our founder, […]

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Westgate Casino denies VSIN podcast host $30,000 in bet winnings

Gill Alexander, host of ‘A Numbers Game’ on sports betting media network Vegas Stats and Information Network (VSIN), has described the situation in the latest episode of his podcast. Alexander explained how he placed several bets on Iga Swiatek to win the women’s French Open at a number of sportsbooks. Although he received winnings from

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Football Index joins the IBIA as affiliate member

The online betting platform, which allows its users to buy and sell shares in footballers, is the latest operator to join the global body which aims to protect sports betting integrity and combat corruption. Football Index, which launched in 2015, joins as an affiliate member, which allows organisations whose business models differ from the IBIA’s

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William Hill reports 4% online revenue growth for Q3

CEO at William Hill Ulrik Bengtsson said: “We have moved the company forward with our relentless focus on our customers, enhancing the competitiveness of our product, and maintaining player safety as one of our highest priorities.”  According to the update, the group-wide performance was influenced by the return of sporting events and resumed retail operations. The online

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AGA partners NHL to promote responsible gambling

According to the statement, the NHL aims to encourage responsible sports betting through a variety of means, including co-branded videoboard images, public address announcements, and animations of hockey-specific marketing materials. The league will also provide unique assets to each club.  NHL chief business officer Keith Wachtel was positive about the initiative and said: “The fan experience

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Churchill Downs reports 10% revenue growth for Q3

Net revenue for Churchill Downs was $68m, almost twice the $32.7m reported in 2019. Adjusted EBITDA increased 192% year-on-year, incrreasing from $5.2m last year to $23.9m in Q3 2020.  Online wagering reported net revenue of $126.4m, a $56m increase from $70.4m reported in 2019. The results are partly due to TwinSpires that contributed $54.1m to the total

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BOS gives support to Sweden’s dismissal of proposed horse racing levy

The Swedish trade association for online gambling’s backing comes after the head of the Swedish Gambling Market Enquiry Anna-Lena Sörenson, announced in business newspaper Dagens Inudstri, that such fees won’t be applied in the country. That follows calls by former racing monopoly, the Swedish Horse Racing Totalisator Board (ATG), for operators to pay a uniform

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Germany focus – part 2: The circular resolution and other rumours

3        No impact on the substantive legal situation Administrative provisions are general arrangements in the internal administrative field which are issued by a superior authority to subordinate authorities or by the head of the authority to the administrative staff subordinate to him or her. Administrative provisions may be used to limit the existing decision-making latitude

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DraftKings signs Bryson DeChambeau to be the face of golf

Golf is the fourth-most-popular sport for daily fantasy at DraftKings, and the golf sportsbook handle has seen rapid growth. The 2019 Masters ranked as some of the highest-bet sporting events on DraftKings and some of the company’s most popular golf tournaments took place in 2020.  Jason Robins, CEO of DraftKings, said: “Professional golf has been

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