The UK online gambling market is booming with licensed operators reporting combined revenue of £1.06 billion ($1.82 billion USD) between September, 2012 and September, 2013. That billion pound mark represents a pretty sweet 16% gain over the previous year. One of the biggest winners in the British boom were sports betting operators, who are benefiting…
Online bingo isn't the flashiest corner of the igaming industry but it's a steady earner with a very reliable player base and practically no regulatory drama. Along with it high degree of reliability, online bingo is also one of the more flexible igaming products. Over the last decade or so it's made a major dent…
The Guardian newspaper is teaming up with FSB Technology to offer sports betting services to its readers. For now, the service offers limited wagering on football, horse racing, tennis and boxing, but is set to expand significantly in the months ahead. The stalwart UK newspaper is hardly the first publisher to turn to gambling for…
A host of technical problems marred yesterday's opening of Coinfloor, a new, London-based Bitcoin (BTC) trading platform. End-users who were hoping to find state-of-the-art flash trading tools to ride the Bitcoin lightening found that registering for an account was impossible thanks to overwhelming demand. The rush to register with Coinfloor is fueled both by speculative…
[caption id="attachment_36674" align="aligncenter" width="188" caption="Maybe just mad dogs these days."][/caption] Soaring temperatures have been bad news for UK gambling operators. According to a recent report in Gaming Sector Report, Google gambling searches from the UK were down 34% this July from the same period last year. July 2013, not coincidentally, was also the third hottest…
A new UK gambling tax on remote gambling sites could radically shift the way bookmakers, and ultimately sports betting affiliates, do business with Brits. The consumption tax, which charges 15% on bets placed with offshore bookmakers will impact some of the biggest names in the business, including William Hill and Ladbrokes. (Both companies have servers…
[caption id="attachment_36065" align="aligncenter" width="300" caption="There's no such thing as bad publicity."][/caption] Paddy Power is teaming with the News UK corporation and KIA Motors on a sports app for smart phones and tablets. The sponsorship arrangement puts the Paddy Power name on a big selection of Premier League-branded content. Under the terms of the three-year deal,…
Mobile sports betting is massively popular UK punters and, according to a recent survey conducted by Onavo, William Hill is their preferred choice. Onavo's reporting that 38% of UK mobile sports bettors prefer using William Hill's mobile app. While the findings from the report are encouraging for William Hill, they also suggest that there's plenty…
UK bingo operators are dropping record amounts of money on advertising in hopes of staying ahead of the competition. It's an arms race that's great news for advertising agencies and the big three bingo operators but bad news for bingo newcomers. According to a report in EGR Magazine, bingo companies spent £19 million ($29.5 USD)millionon…
William Hill is issuing around £375 million ($573 USD) worth of corporate bonds in the hopes of attracting investor attention. It's all part of a plan to help the company pay off bridge loans it accumulated while acquiring 29% of Sportingbet Australia during the spring. The bulk of the cash raised from the bonds, around…
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