Category: Europe

World Cup 2018 opens, with a lot of intriguing predictions

The 2018 World Cup starts on Thursday with Russia vs. Saudi Arabia at 11:00 a.m. ET. A field of 32 teams will compete for the right to hoist the trophy on July 15, and Brazil enters as 7-2 favorites on the 2018 World Cup odds board, followed closely by defending champions Germany at 4-1 and…

Online gambling site 888 to pay almost £8m for ‘failing vulnerable customers’

Online gambling firm 888 has been ordered to pay more than £7.8m for not helping vulnerable customers to limit the damage of their gambling addictions. The Gambling Commission on Thursday said that, due to a technical failure in 888’s systems, over 7,000 customers who had chosen to self-exclude from their casino, poker or sports betting…

Ladbrokes can’t recover $100 million tax payment

It’s not often that someone wins against the taxman. Tax collectors are notorious for almost always making sure they cross all their t’s and dot all their i’s. This case wouldn’t prove to be the exception, either. First, it’s necessary to paint the background. A 2008 tax loophole was in place that allowed corporations to…

Insider Uncovers More Details On Sweden ‘s Online Gambling Regulation Draft

A few more details about the nearing regulation of Sweden ’s online gambling market emerged late last week. In a post on his LinkedIn page, Mark Knighton, Founder and CEO of Gothenburg-based business consultant Obsidian Consultancy, discussed several important provisions that were understood to have been included in Sweden’s draft gambling legislation. The provisions covered…

Sports Betting Academy hopes to bring back odds-compiling expertise

Clarion Gaming has extended its Academy initiatives into sports betting, with industry stalwart Jonathan Smith taking on the role of teacher. SAMSUNG CAMERA PICTURES The world of the trading team has experienced huge upheaval since the new millennium. The introduction of Betfair and a successful exchange mechanism that allowed customers to set their own prices…