Daily news

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    US horseracing and casino operator MTR Gaming Group has reported that despite negative results in the fourth quarter, it was able to post an increase in full-year revenue for the 12 months through to December 31, 2013.

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    Betradar, the sports betting data brand of Sportradar, has launched its latest virtual sports betting product in the form of ‘Virtual Dog Racing’.

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    Greg Dyke, chairman of the English Football Association (FA), has said that a complete ban on players and club staff betting on the outcome of football matches could soon be introduced.

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    John Boyle, founder, owner and chief executive officer of Irish independent bookmaker Boylesports, has completed the purchase of the firm’s headquarters at Finnabair Business Park in Dundalk.

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    The UK’s Advertising Standards Authority (ASA) has order Irish bookmaker Paddy Power to withdraw an advert that offered betting odds on the outcome of the ongoing murder trial of Paralympic athlete Oscar Pistorius.

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    UK bookmaker Betfred has agreed to become a sponsor of the Grand National Festival UK horseracing event.

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    The UK’s Advertising Standards Authority (ASA) has launched a formal investigation into an advert from bookmaker Paddy Power that offered betting odds on the outcome of the ongoing murder trial of Paralympic athlete Oscar Pistorius.

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    Irish bookmaker Paddy Power has cited the growth of its online gambling business as the reason behind a jump in revenue, operating profit and EBITDA during the 12 months through to December 31, 2013.

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    The number of people visiting the Atlantic City resort town in the US state of New Jersey has fallen for the eighth consecutive year.

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    UK Culture Secretary Maria Miller has called for gamblers to be given more protection despite the introduction of a new spending limit code of conduct, according to UK public-service broadcaster the BBC.

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    Gamblers in the UK will be able to set limits on the amount of time and money they spend on fixed odds betting terminals (FOBTs) under a new code of conduct developed by the Association of British Bookmakers (ABB).

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    Bookmaker William Hill has cited the success of its multi-channel betting service as the reason behind an increase in revenue during the 12 months through to December 31, 2013.

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    Bookmaker Ladbrokes said it remains optimistic about 2014 despite having posted what it described as “disappointing” results in the 12 months through to December 31, 2013.

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    UK bookmaker Ladbrokes has vowed to link the amount its top executives earn to its targets on tackling problem gambling as part of an effort to ease fears over the risks posed by fixed odds betting terminals (FOBTs).

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    Ladbrokes has confirmed that it will be closing 40-50 betting outlets in the near future as it looks to optimise its retail estate in “secondary locations”.

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    At The Races, the UK pay-TV broadcaster, has acquired media rights deals for horse races staged at the Ripon and Plumpton British racecourses.

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    The UK Gambling Commission has reported that the number of people in the country participating in gambling activities dropped by 2% in the past year.

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    The Italian Senate has passed an amendment to a government finance bill that will ban radio and television gambling advertising in the country.

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    US land-based and online sportsbook Affinity Gaming has announced that David Ross is to step down from his role as chief executive officer as part of what the company described as a ‘CEO Transition Plan’.

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    The global gambling sector grew 4.9% in 2013 and generated €317.6bn in gross win, a figure that is set to rise to €332.4bn in 2014 and then on to €395bn by 2018, iGaming Business’s exclusive data partner H2 Gambling Capital has revealed in the second of the four data-led articles it is publishing this week.

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