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SportPesa announces title partnership with Formula One team

Announcing the news at the Canadian International Auto Show, the team will now be called SportPesa Racing Point F1 Team. The multi-year agreement commences with immediate effect and reports from earlier this year suggest the sponsorship fee will be less than the $15m paid by Best Water Technology to the team’s previous owner, when it […]

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Further horseracing prize money cut amid betting shop closures

The track has announced prize money has been cut by 11% in 2019, due to reduced maximum stakes on fixed-odds betting terminals, leading to betting shop closures up and down the country. Newmarket announced plans to double Cesarewitch prize money from £500,000 ($665,000) to £1m had been scrapped and in fact was being cut to

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Scientific Games joint venture wins exclusive Turkish sports betting contract

The supplier will provide its full turnkey sports betting solution to Turkish bettors at retail shops and via mobile to ensure a competitive large-scale sportsbook. Turkey is Europe’s second-largest state-sponsored sports betting market and among the top three in the world in sales. Barry Cottle, Scientific Games CEO, said: “This important contract is evidence our

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New Jersey denies MLB’s request to prohibit spring training wagers

MLB had asked New Jersey and other states that have launched legal sports betting, including Pennsylvania and Nevada, to drop pre-season games from its sportsbooks. The Pennsylvania Gaming Control Board is yet to produce a formal response but did encourage operators not to offer lines for the time being. Nevada rejected the request, however, and

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Paf CEO exclusive: Gambling needs to get the trust back in Europe

That’s the view of Paf CEO Christer Fahlstedt, who Gambling Insider caught up with for an exclusive chat following the operator’s new responsible gambling initiative. After imposing a “loss limit” of €30,000 ($34,000) a year for individual players, Paf has gone one step further by publishing the ps behind its different player segments. The restriction

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Better Collective data: 151% rise in Cheltenham traffic during 2019 Festival

Data sent exclusively to Gambling Insider shows day four was once again the most popular day for Cheltenham-related traffic; but there was a more even spread this year, with 21.5% of traffic coming on the first day, compared to 18.6% in 2018. UK, Ireland, US, Australia and Spain were the top five countries for traffic,

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MuchBetter Co-Founder: New German gambling treaty is “a half-baked solution”

Gambling Insider caught up exclusively with Bader to find out exactly what the Austria-based exec meant by this. To start us off, can you tell us a little bit about MuchBetter’s background? MuchBetter is a consumer-facing e-wallet and payment product, primarily used in gaming at the moment. We connect consumers and merchants and allow customers

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