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Flutter invests $15.5m in new Dublin-based global headquarters

The company boasts a ‘164,000 sq. ft flexible workspace across seven floors,’ including Ireland’s first ‘frictionless store’ and a ‘live roof with three beehives.’   The building houses employees across a range of departments, from sports trading and technology to HR and customer operations. In fact, the scope of investment is not entirely known, with a […]

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New Jersey reports record-breaking $1.35bn in wagers for January

Despite neighbouring New York launching mobile sports betting, the Garden State has surpassed some pundits’ expectations, posting a more than 10% increase in handle over December’s $1.2bn. January even saw New Jersey top its own previous all-time high for handle, having reached $1.3bn last October — which was also a national record prior to New

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BGC: UK Government should “learn lessons from abroad” over Gambling Review

Citing industry research and a report from PricewaterhouseCoopers (PwC), the BGC said the number of Britons gambling on unlicensed sites has more than doubled in only two years. It claimed that people playing on black market sites rose from 220,000 users to 460,000 over a two-year timespan, a 109% increase, and said “the amount staked

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PlayUp signs multi-year partnership with Wests Tigers

PlayUp, a next generation entertainment and technology group, has joined forces with the Tigers, an Australian Rugby League team, to become a Premier Partner and exclusive Wagering Partner. “Rugby League represents a significant component of PlayUp’s sports wagering offering, being one of the most popular sports within its portfolio,” a statement from PlayUp read. PlayUp,

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BetVictor to pay £2m after investigation uncovers responsibility and AML failures

Following a compliance assessment in March 2020, the Commission launched a regulatory review that uncovered failings on the part of the bookmaker. Between 1 January 2019 and 12 March 2020, BetVictor was found to have not met several of its licence obligations. In particular, the regulator identified shortcomings regarding the operator’s AML framework and responsible

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PointsBet reports 85% revenue growth for H1 FY22 despite EBITDA loss

In total, the Australian sports betting brand generated AU$139m (US$100m) in net revenue for the six-month period ended 31 December, up from H1 FY21’s AU$75m, while handle climbed 22% to AU$2.3bn, up from AU$1.9bn. This was split between its Australian and US businesses relatively evenly, though the former was responsible for the majority of wagers,

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