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UK GAMBLING COMMISSION TO PROBE SHIRT SPONSORSHIP DEALS
Disquieting sportsbetting news from the mainstream newspaper Edinburgh Evening News over the weekend is that football shirt sponsorship deals between online gambling companies and UK football clubs could be banned if it is decided that they encourage children to gamble.
The newspaper reports that the Gambling Commission has announced that it will investigate whether shirt sponsorship deals - such as those at Middlesbrough and Tottenham Hotspur - unfairly expose young fans to online casinos or gambling sites. Government ministers are apparently being put under pressure to prevent problem gambling and to stop gambling influencing children and vulnerable people.
Companies such as 888 Holdings, 32 Red, Bet24 and Mansion could be at risk of losing deals with Premiership clubs if a ban is imposed that seeks to strip the clubs of multi-million pound sponsorships, the newspaper reports.
The Edinburgh Evening News quotes marketing consultants Brand Rapport, who comment that online gambling interest has helped drive shirt sponsorship deals in Premiership football up by 25 percent to around GBP 70 million - with Spurs, Blackburn Rovers, Aston Villa and Middlesbrough the main clubs to benefit
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Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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