Sports Betting NEWS

Experts say E-Sports will shape the future of betting

At the SiGMA Europe 2024 day 3 conference on 14 November, Michele Magro, Head of Legal & Compliance at NSUS Malta, moderated a panel titled "E-Sports Betting: Does it live up to the hype?". Supported by Gaming Malta, the discussion featured insights from industry experts Sergey Bidzan (CEO of Eden Esports), Glenn Camilleri (European & Esports Trading Manager at Betsson Group), and Juana Bischoff (Senior Business Development Manager at Oddin.gg) on the current and future state of e-sports betting.

Fast-Paced Micro-Betting: Stranomitis shares insights at SiGMA Europe

Dinos Stranomitis, Co-Founder and COO of Altenar presented a compelling keynote speech at SiGMA Europe 2024 on 14 November in Malta, exploring the intersection of human psychology and sports micro-betting.

Tabcorp fined for accepting illegal in-play bets

Tabcorp has been fined A$262,920 for accepting in-play sports bets online, which is a breach of the country's Interactive Gambling Act 2001.

EveryMatrix secures major Turnkey Partnership with MBet in Africa

Everymatrix has secured a turnkey sportsbook technology partnership with MBet in Africa, specifically Tanzania and the Democratic Republic of Congo (DRC). Accordingly, this agreement will allow the integration of OddsMatrix's award-winning technology platform into MBet’s sports betting offering.

Maine’s online sports handle hits $500 million in first year

Maine's online sports handle has crossed the $500 million mark to hit $501.3 million in its first 12 months.

Endeavor sells OpenBet and IMG ARENA in $450m management buyout

Endeavor Group Holdings announces a $450 million management buyout for its sports betting and data divisions, OpenBet and IMG ARENA. This move reflects Endeavor’s strategic focus on core operations while positioning both brands for growth and innovation in the sports betting sector.

Singapore Pools reports record turnover in 2024

Singapore Pools has reported a remarkable 7 percent increase in total turnover for the 2024 fiscal year, reaching €8.51 billion. This growth highlights the resilience of lottery and sports betting markets in Singapore, even amid significant changes in the horseracing sector.

Sportsbet.io welcomes four new Ambassadors to promote sports betting

Sportsbet.io, a leading crypto-focused sports betting platform, has introduced four influential ambassadors to strengthen its presence in the digital and sports betting industry. The new ambassadors, Hayden Bruce Jones, Jude Umeano, Kwasa Genesis, and Shepherd Morena, bring diverse expertise in sports media, cryptocurrency education, lifestyle content, and community building.

Gambling Commission says 2024 Young People and Gambling report highlights rising risks

The UK Gambling Commission’s 2024 Young People and Gambling report reveals a troubling rise in gambling participation and associated risks among young people. According to the report, 27 percent of 11 to 17-year-olds spent their own money on gambling in the past year, up from 26 percent in 2023.

Brazil’s Police investigate football match-fixing allegations

Flamengo striker Bruno Henrique is at the center of a major match-fixing scandal, with the Brazilian Federal Police investigating allegations of card manipulation in a Serie A match. The investigation was triggered by suspicious betting patterns identified by international betting integrity organizations.