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Unibet Gets Into B2B Sector

2/17/10 - B2B (Business to Business) activity appears to be the area of choice into which major online gambling groups are expanding, with Unibet the latest to announce its involvement.  The company has kicked off its new service with a deal with Ålands Penningautomatförening (Paf), licensed by the Åland Provincial Government, for the provision of a full sports betting solution.
 
Unibet joins a growing number of Internet gambling groups offering more than just gambling to their own punters. Dragonfish, the 888.com b2b subsidiary is making significant contributions to its parent's business performance with a series of important deals, whilst Bwin has been using the Ongame Network for the same purpose.
 
Paddy Power operates through Airton Risk, with the French monopoly the PMU as an impressive client, and Betsson has recently made much of its push into the sector through Betsson Business Solutions. Industry giant Party Gaming also ventured outside its normal area of activity recently with its b2b deal to provide online poker and casino facilities to the Danish state gambling monopoly Danske Spil. 
 
Unibet's 3 year agreement will see it provide Paf with a fully serviced sports betting solution which will also be offered to external customers.
The scope of the services includes odds compiling and risk management on an in-house developed proprietary system for fixed odds betting. Paf will also become a customer in the fast growing sports betting pool products SuperToto and SuperScore offered by Unibet.
 
Gross Gaming Revenue for the global sports betting market is estimated by independent analysts to be US$ 40.9 billion for 2009 and the forecast for 2012 is that the global sports betting market will grow to US$ 43.4 billion, a statement from Unibet revealed this week. The company says it has initiated investigations on how to structure the Unibet b2b business in order to protect the integrity of the customers and maximise the shareholder value to the Unibet shareholders.
 
“With our extensive Live Betting offer with over 2 000 live events per month and our in-house risk management we have a very strong offer," said Unibet chief executive Petter Nylander, describing the sector as "...this large opportunity market."
 
Anders Ingves, CEO of Paf, commented: “Paf will continue to grow internationally and this investment strengthens our offering long term. This Agreement will be important for Paf and our customers. Through our partnership with Unibet, we gain access to the best betting platform in the business”.
 
Paf also uses Net Entertainment's CasinoModule online gambling systrem, provided under licence last year.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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