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Business
October 28, 2021
Kindred Enters Choppy Seas with Challenging Q4 Results
Swedish betting operator Kindred has had a year of ups and downs. Kindred experienced gradual growth, hitting a 6% year-to-year increase in its revenues for the third quarter of 2021. However, it is currently growing through a major drop. Kindred’s Marks a Difficult Start to Q4 The operator’s fourth-quarter saw its revenues plummet by 61% […]
Legal
October 27, 2021
Las Vegas Authorities Arrest 4 Connected to Drug Trafficking
Globally, law enforcement authorities have rounded up 150 potential criminals involved in money laundering and international drug trafficking in an operation dubbed Operation Dark HunTor. Among those, law enforcement in Las Vegas arrested four suspects. Their money-laundering activity and drug ring included operations in several countries, as well as the use of the dark web. […]
Sports
October 27, 2021
UFC 267 Jan Blachowicz vs Glover Teixeira: Odds, Picks, Preview
The UFC is back at Fight Island on Yas Island, Abu Dhabi, the big marketing move Dana White orchestrated during the nadir of the pandemic with UFC 267 promising a series of great fights this weekend. The title fight on Saturday, October 30 will feature Jan Blachowicz vs Glover Teixeira and the bout is one […]
Sports
October 27, 2021
2021 Butterfield Bermuda Championship Odds, Picks, and Preview
We are a day away from the 2021 Butterfield Bermuda Championship that will be played in Southampton. Tee-off is set for Thursday, October 28 and the field of competitors brings a good number of Top-50 golfers, although there has been a decline. Regardless, the competition will be an opportunity for underdogs such as Hayden Buckley […]
Business
October 26, 2021
Yolo Group Appoints Christine Lewis CEO of OneTouch, Bombay Group and Hub88
Yolo Group, a cryptocurrency-focused gaming operator, announced that it has restructured its operations and made a significant investment into its Hub88 content aggregation platform, seeking to introduce open-banking to its clients. Open-Banking Functionality The investment into Yolo Group’s Hub88 platform made via Yolo Investments aims to speed up growth at the platform and eventually offer […]
Business
October 26, 2021
Former William Hill Compliance Director Joins Smarkets
British betting exchange company Smarkets has reinforced its ranks with a new chief compliance officer (CCO). Seasoned industry veteran William Chambers will be joining straight from global sports betting company William Hill. William Chambers Joins Smarkets’ Team Chambers was previously William Hill’s chief compliance director for almost a year. Before his stint with the operator, […]
Sports
October 26, 2021
IBIA Publishes Optimum Betting Market Study in Spanish, Portuguese
In June this year, the International Betting Integrity Association (IBIA) has released the Optimum Betting Market study. This first-of-a-kind whitepaper assessed the regulation of betting in 20 different jurisdictions across six continents. Optimum Betting Market Study Is Now Available in Portuguese and Spanish IBIA announced earlier today that it had released Spanish and Portuguese translations […]
Business
October 26, 2021
DraftKings Decides to Withdraw From the $22 Billion Entain Takeover
DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
Esports
October 25, 2021
Esports Bookmaker Pinnacle Unveils Pinnacle Cup III CS:GO Tournament
Esports-oriented betting operator Pinnacle has unveiled the third edition of its famous Pinnacle Cup Counter-Strike: Global Offensive series. The Pinnacle Cup III event is scheduled to begin on November 8-23 this year. The Best Teams Will Play for the $80,000 Lion’s Share The tournament will play out in pretty much the same fashion as its […]
Industry
October 25, 2021
Kindred Continues on 0% Harmful Gambling Revenue Mission
Kindred Group continues to tackle problem gambling revenue with the group expressing confidence that its active measures to slash proceedings from vulnerable gamers have resulted in significant progress. Presently, Kindred Group estimates that only 3.3% of its revenue is generated from harmful gambling, citing data for the third quarter of 2021, and the group is […]