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Spread Betting » Online Gambling
  • daily_news
    5 December 2019

    IG Group projects flat H1 revenue as core markets struggle

    Spread betting and contracts for difference (CFD) provider IG Group Holdings expects revenue for the first half of its 2020 financial year to match the prior year's £250m (€296.4m/$328.5m) total, despite a year-on-year decline in revenue from core markets.

  • daily_news
    23 July 2019

    IG Group hit by new ESMA controls as revenue slips in FY2019

    Spread betting and contracts for difference (CFD) provider IG Group Holdings has cited the impact of new European Securities and Markets Authority (ESMA) regulations as the primary reason behind a 16% year-on-year drop in revenue in its 2019 financial year.

  • news_analysis
    4 July 2019

    FDJ-Sporting Solutions: it’s good to talk

    La Française des Jeux’s (FDJ) acquisition of Sporting Solutions will see the French group use Solutions’ trading expertise to develop its B2C offering in its home market and its lottery-focused B2B activities internationally. But a clear vision of how to integrate the UK group into FDJ’s mega-structure will also be just as important if the deal is to be successful, writes Jake Pollard.

    Subscriber content
  • daily_news
    1 April 2019

    UK's RGSB issues mixed report on 2016-19 RG strategy

    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

  • daily_news
    21 February 2019

    B2C operations mask B2B declines for Playtech in 2018

    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

  • daily_news
    28 January 2019

    Bet365 owners named UK’s second-biggest taxpayers

    The founders of betting and gaming giant bet365 have been named the second largest taxpayers in the UK, after paying an estimated £156m in taxes for the 2017-18 financial year, just behind JD Sports majority owner Stephen Rubin.

  • news_analysis
    15 October 2018

    Long read: Business as usual

    During the rush to build new US-legalised sportsbooks, many believed illegal sports wagering would begin to die down — but they were wrong. Larry Gibbs explores why

    Subscriber content
  • daily_news
    24 July 2018

    IG Group ready to mitigate regulatory headwinds

    Record financial results mean company is well placed to handle regulatory changes in the UK and EU, according to CEO

  • daily_news
    15 March 2018

    Google bans CFD, binary options adverts

    Google has moved to ban adverts that promote contracts for difference (CFD) products, binary options and financial spread betting from its platforms

  • daily_news
    26 February 2018

    Hantec Markets to offer spread betting

    Retail FX brokerage group Hantec Markets has expanded its service offering with the addition of spread betting

  • news_analysis
    7 September 2017

    US sports betting: ‘fantasy sports opened a door, this is the next evolution’

    Sports, entertainment & branding consultant Joe Favorito on how the teams and leagues are preparing for the possibility of legalised sports wagering in the US from as early as next spring.

  • news_analysis
    7 December 2016

    FCA trades up a CFD storm as further regulation looms

    The FCA's statement was a major announcement in the world of CFD (and binary) sites. However, any new regulation will have to ensure legal operators remain attractive to punters. 

    Subscriber content
  • daily_news
    25 November 2016

    SBTech pens sports betting deal with Spain’s Luckia

    SBTech has agreed to provide its sports betting platform to Spanish online and retail betting operator Luckia.

  • news_analysis
    27 October 2016

    Binary options and financial trading: could regulatory warnings lead to clampdown?

    Binary options have been heavily criticised recently, does this portend tougher regulations and could leveraged products also be targeted?

     

    Subscriber content
  • daily_news
    5 October 2016

    Plus500 to expand into Israel and New Zealand

    Plus500 has revealed plans to expand its service offering into Israel and New Zealand after securing licences in both countries.

  • daily_news
    20 September 2016

    IG Group claims revenue growth in ‘challenging’ quarter

    IG Group has said that despite the three months to August 31 being a “challenging” period for the firm, it was able to perform “relatively well” and post year-on-year revenue growth.

  • daily_news
    28 June 2016

    Capital Index allays fears over Brexit impact

    Online spread betting and CFD brokerage Capital Index has moved to address concerns over the impact that the UK’s decision to vote to leave the European Union (EU) will have on business.

  • daily_news
    22 June 2016

    GLIO takes majority stake in London Capital Group

    GLIO Holdings is to acquire a majority stake in online trading services provider London Capital Group (LCG).

  • daily_news
    29 April 2016

    LCG remains upbeat over growth prospects despite losses

    Charles Henri-Sabet, chief executive of London Capital Group (LCG), has said that he remains confident that the company can return to sustained growth in 2016, despite having confirmed widespread financial losses during the 12 months to December 31, 2015.

  • daily_news
    18 April 2016

    Plus500 cites volatile market as revenue hits new high in Q1

    Asaf Elimelech, chief executive of Plus500, has highlighted the impact of ongoing ‘volatile market conditions’ as one of the main reasons behind record revenue figures in the three months to March 31, 2016.

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