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PGA in relationship with online sports betting industry
Friday April 8,2016 : U.S. PROFESSIONAL GOLF GETS CLOSER TO ONLINE GAMBLING
PGA Tour asks for proposals from sports data companies.
The prestigious and influential Professional Golfers’ Association Tour (PGA Tour) appears to be moving into a closer relationship with the online sports betting industry, reportedly issuing a request for proposals from sports data providers with a view to presenting real-time relevant tournament information to online sports betting companies.
Bloomberg business news reports that the request is at this stage merely exploratory and refers to a "potential entry into the online sports gaming category,” a position subsequently confirmed by a PGA Tour official.
The Tour will likely have to engage in some policy re-thinking if it decides the financial rewards are worth embarking on a new approach to online sports betting; last year the organisation prohibited its members from becoming involved in the daily fantasy sports sector on grounds that its legal status was unclear.
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Gambling News :
888poker in deal with Flow Esports -
A statement from 888 said it was only a matter of time before the company joined forces with Flow Esports, which is headed by Daniel Märkisch and includes Hearthstone professionals Tobias Graap, Vetle Stubberud and Johannes Steindl.
Colorado Racing Commission Approves Mile High DFS -
Mile High Racing and Entertainment (MHRE) announced Tuesday that the Colorado Racing Commission has approved its daily fantasy sports activity allowing MHRE to offer fantasy sports contests in nine Colorado locations.
Unibet Name Changed to Kindred Group plc -
Following an extraordinary general meeting at which shareholders approved the change of the Unibet title and brand to Kindred Group plc, the online gambling group will begin trading under the new name on December 12.
Kenya Betting Control Board Reviewing Changes -
Kenya's booming sports betting sector could be facing stiffer government controls, especially regarding marketing, advertising and promotions, according to local media reports revealing that parliament is studying potential amendments to the Betting, Lotteries & Gaming Act.
Britan To Tighten SpreadBetting Controls -
The UK media reported widely Tuesday that Britain's Financial Conduct Authority has announced a crackdown on spread betting using contracts for difference (CFDs) following FCA research that showed 82 percent of clients had lost money in the sector.
Playtech to Buy Back 50 Milliuon in Shares -
#playtech In a statement, the company said that the decision reflects continued confidence in the growth and prospects of the business and its high cash generation, and revealed that it continues to trade in-line with expectations.
Sentencing in Vietnam Gambling Bust -
The People’s Court in HCM City handed down sentences Monday to dozens of defendants linked to a major online sports betting ring dismantled last year by Vietnamese police.
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