Paddy Power Launches Industry’s First Facebook Messenger Chatbot

Categories: Betting News
Posted on: 24th May 2017 by: Adrian Sterne

Betting giant Paddy Power has become the first company to roll out a service that takes bets through the Facebook Messenger app using a chatbot. Paddy Power launched its new service earlier this week. Developed by messaging platform provider Onionsack, the chatbot allows players to log into their Paddy Power account through the app and…

German Online Betting Company Mybet Settles With Rival For €11.8m

Categories: Betting News
Posted on: 18th May 2017 by: Adrian Sterne

German online sports betting operator Mybet has settled its decade-long battle with a rival through an out-of- court settlement. The Frankfurt-based company made the announcement earlier this week stating that it had reach a settlement of €11.8 million with Westdeutsche Lotterie GmbH & Co. OHG (Westlotto) with regards its claims for damages for cartel infringement….

Sportsbet Advert Featuring Disgraced Olympian Ben Johnson Draws Flak

Categories: Betting News
Posted on: 17th May 2017 by: Adrian Sterne

The global sports betting market is growing at a rapid pace and sports books are always looking at new ways of promoting and marketing their offerings to capture as much market share as possible. Sportsbet, an Australian bookmaker which was founded in 1993 recently came out with an advertisement promoting its sports betting app that…

Australian Govt Wants Online Betting Companies To Stop Offering Credit

Categories: Betting News
Posted on: 1st May 2017 by: Adrian Sterne

The Australian government recently announced that it will be introducing new legislation that will prevent online betting companies from extending credit facilities to their bettors. Australian has continued to tighten regulations on the online gambling industry as it had earlier banned online casino operators from providing services down under and the new laws now target…

Nevada Approves Betting On NFL Drafts ForThe First Time

Categories: Betting News
Posted on: 10th April 2017 by: Adrian Sterne

In a first, Nevada bettors will be able to place wagers on the NFL Draft which will be held during April 27 to 29, 2017. So far betting in Nevada has been allowed only on actual games but that changed last week after the Nevada Gaming Control Board gave approval to sportsbooks and permitted them…

Tatts Group Draws Takeover Bids From Multiple Suitors

Categories: Betting News
Posted on: 21st December 2016 by: Adrian Sterne

British betting firms William Hill and Ladbrokes have both been reported to have indicated interest for the wagering business of Australian company Tatts Group. Tatts is at the center of a fierce A$11-billion merger battle between rival gaming company Tabcorp and Pacific Consortium, which comprises investment firms Macquarie, Kohlberg Kravis Robert (KKR), Morgan Stanley Infrastructure…

Paddy Power Facing Big Losses After Donald Trump Win

Categories: Betting News
Posted on: 10th November 2016 by: Adrian Sterne

Paddy Power has yet again found itself betting on the wrong horse. With Donald Trump set to become the 45th president of United States, the betting giant is looking at a loss of over £3 million (US$ 3.33 million). The bookmaker had forecasted that the Democratic candidate Hillary Clinton would become the next President of…

Majority Of Pollers In Favour Of Legalizing Sports Betting In The USA

Categories: Betting News
Posted on: 4th November 2016 by: Adrian Sterne

Sports betting is legalized only in Nevada, Delaware, Montana and Oregon as all other states have banned it according to the Professional and Amateur Sports Protection Act of 1992 (PASPA). The Fairleigh Dickinson University PublicMind poll was released on Nov 2nd and revealed that the majority of those surveyed were in favor of legalizing sports…

Australian Betting Companies Tabcorp And Tatts To Merge

Categories: Betting News
Posted on: 20th October 2016 by: Adrian Sterne

Two Australian betting companies Tabcorp Holdings Ltd. and Tatts Group Ltd have agreed to a merger of equals wherein Tabcorp will be acquiring Tatts for A$6.4 billion ($4.9 billion). The merger will create a pan-Australian betting company that will be able to handle increasing competition from international operators like Ladbrokes and the Bet365 Group. Tatts…

NSW Premier Mike Baird Does A U-Turn On Greyhound Racing Ban

Categories: Betting News
Posted on: 12th October 2016 by: Adrian Sterne

New South Wales Premier Mike Baird announced on October 12 that he is dropping the ban on greyhound racing. The Baird government had promised to put an end to the popular greyhound racing industry in the state after reports showed that animal cruelty was high in the industry. Baird had made it clear when he…