Industry
June 16, 2023
Betfair Says Protection Systems Failed a Gambling Addict Who Took His Life
40-year-old Luke Ashton, a father of two, took his own life in April 2021 while fighting his severe gambling addiction which had caused him to lose £5,000 ($6,400) during just one month. One of the gaming operators that Asthon had frequently used since 2012, Betfair, has now admitted that its protection systems have failed to […]
Business
June 7, 2023
Stakelogic Concludes Milestone Deal with Industry Giant Paddy Power Betfair
A recent announcement by Stakelogic outlined the partnership details, which marks a significant milestone for both companies. The supplier’s ever-growing collection of popular titles will be instrumental for Betfair as the operator seeks to regain its footing in the UK amidst recent controversies. Stakelogic, in turn, maintains its expansionist mindset, solidifying its prime market position. […]
Legal
May 25, 2023
UKGC Fines Paddy Power and Betfair $600K over Marketing Breaches
UK’s gambling regulator, the Gambling Commission, constantly monitors the market in the country to ensure that licensees adhere to the established framework and that consumers are protected. In case any breaches are uncovered, the gambling regulator imposes sanctions which can be monetary or in severe cases, suspends or revokes licenses. On Thursday, the Commission unveiled […]
Legal
April 27, 2023
Betfair Fined for Accepting Illegal Bets in Sweden
Betfair has gotten itself in trouble in Sweden where it has offered markets on events featuring young players. Because of that, the operator received a warning and was forced to pay a fee. The Spelinspektionen, Sweden’s gambling regulator, announced its decision today. It explained that Betfair, a sports betting operator, offered markets for the U21 […]
Sports
January 30, 2023
Betfair to Feature via Cruzeiro’s Front of Shirt for Two Years
Flutter Entertainment’s sports betting exchange, Betfair, and Cruzeiro EC announced a two-year sponsorship to mark the return of the soccer club to Serie A of the Brazilian Championship. Commitment to the Club and Its Fans The agreement with the Brazilian soccer club made Betfair the main shirt sponsor of the men’s team and sponsor of […]
Industry
November 24, 2022
Betfair Denies Inundating Ashton Before His Death
Mr. Philip Kolvin KC, a barrister for Betfair, appeared at a pre-inquest review at Leicester Coroner’s Court and stated that the gambling firm “did not bombard” a man with enticing gambling promotions before he died. Luke Ashton, 40, traveled more than 100 miles from his home in Leicester and took his own life in an […]
Industry
November 3, 2022
MGA Games Expands Into Colombia with Betfair
MGA Games, a developer of slot games, video bingo and table games, has forayed into Colombia thanks to its agreement with Betfair. Under its deal with the operator, the supplier will power its product offering with its acclaimed titles. MGA Games Makes a Foray into Colombia MGA Games is famous for producing games that are […]
Esports
October 17, 2022
Truss to Resign as PM by 2023, Bettors Believe
Bettors seem very pessimistic about Liz Truss’ tenure as Prime Minister of the United Kingdom. So much so in fact, that people have wagered money on her departure. Punters Distrust Truss Following the latest developments in British politics, PM Liz Truss has lost the confidence of many of her colleagues. Her economic recovery plan was […]
Industry
July 27, 2022
Betfair Promotes Shane O’Driscoll to Marketing Director
Gambling operator Betfair added to its senior management team, appointing Shane O’Driscoll as its new marketing director. Betfair is owned by Irish bookmaking holding company Flutter Entertainment, which recently made sweeping changes to its management team. The New Marketing Director Rose from the Ground Up O’Driscoll’s career is a fine example of professional growth. He […]
Legal
July 7, 2022
Betway, SkillOnNet and Betfair Forced to Pay Fines
Three gambling companies that previously breached Sweden’s Gaming Act were denied appeals by the Swedish Supreme Administrative Court. The companies in question are Betway, SkillOnNet and Betfair. The first two were found guilty of offering bonuses and special promotions to their players, despite it being illegal in the country. The latter was accused of accepting […]
