Author: Andrew Fletcher

Kenneth Dart’s Cayman Islands-based investment vehicle, Candle Lake Limited, has formally announced a mandatory public cash offer for Swedish live casino giant Evolution AB. The offer prices Evolution shares at SEK 695 each and was triggered after Candle Lake’s holding in the company crossed the 30% threshold. Candle Lake purchased 2,050,000 Evolution shares on 24 July, pushing its direct holding to approximately 30.02% and activating the mandatory bid requirement. The obligation arose under Chapter 3, Section 1 of the Swedish Act on Public Takeovers on the Stock Market, which dates to 2006. As of the announcement date, Candle Lake holds…

GR8_TECH has unveiled its new Managed Trading Services product, targeting sportsbook operators looking to sharpen their trading performance and reduce costs. The B2B technology firm says the MTS launch is designed to improve trading performance, reduce operational costs, and strengthen risk management across sportsbook operations. At its core, the product aims to combine reliable and high-quality data sources with proprietary models, in-house trading expertise, and automated risk controls. Dinos Doxiadis, Head of Sportsbook at GR8_TECH, explained the thinking behind the new product and the specific operator audience it is intended to serve. “Managed Trading Services was created for operators who…

ITV has appointed Affili8 Marketing, trading as iGaming Agency, to lead digital planning and SEO for its newly launched OddsFinder comparison product. OddsFinder does not accept bets or hold customer funds, with ITV positioning the service strictly as a discovery and comparison platform rather than a sportsbook. The product was developed in partnership with sports betting odds comparison platform Funteron, aggregating real-time prices from licensed UK bookmakers into a single interface. Users can compare available odds for races featured on ITV Racing, with the app updating continuously so the latest prices are always visible before any decision to place a…

Oddschecker, the well-known odds comparison platform owned by FairPlay Sports Media, has confirmed a cybersecurity breach affecting user data held on its systems. The company reached out to affected account holders this week via email, informing them that an IT security incident had been identified and addressed by its team. The email stated: “We’re contacting you to let you know we recently identified and contained an IT security incident involving user data.” According to the company, the breach involved access to contact details and dates of birth, though no evidence has emerged suggesting the stolen data was used in phishing…

The Clacton by-election is shaping up to be one of the most heavily traded political betting markets in British history, with bookmakers firmly backing Nigel Farage. As of 11 August, Farage was priced at 1.01 on the Betfair Exchange, reflecting a 99% chance of victory according to Betfair Predicts, making him one of the surest favourites seen in a political market. Flutter Entertainment-owned Betfair spokesperson James Mackie confirmed that £1.8 million had been traded on the event as of Tuesday morning, placing it second on the all-time list of by-elections. The only market to surpass it is Makerfield, which took…

SBC Summit has announced a dedicated “Global Payment Compliance” track as part of its 2026 agenda, scheduled for Wednesday, 30 September. The track will bring together operators, compliance specialists, payment leaders, legal experts and technology providers to examine how businesses can strengthen payments and combat evolving threats. It forms part of the Payment Expert Summit stage alongside a Fintech track on Tuesday, 29 September, and a Crypto and Blockchain track on Thursday, 1 October. Rasmus Sojmark, Founder and CEO of SBC, set the tone for the track’s importance, stating: “Payment compliance has become one of the industry’s biggest balancing acts.”…

Rank Group has delivered a standout financial performance for FY2025/26, bucking the trend seen across much of the UK’s publicly-listed gambling sector. The London-listed operator, which runs the Grosvenor, Mecca, and Enracha brands, posted strong growth figures that set it apart from many of its industry peers. Group underlying like-for-like net gaming revenue climbed 6% year-on-year, rising from £788.4m to £834.1m across the full financial year. The revenue growth alone tells only part of the story, with underlying profit rising an impressive 21% during the same period, a figure that will draw considerable attention from investors and analysts alike. The…

Amelco has reflected on a highly successful FIFA World Cup campaign, with Trading Team Lead Max Bailey sharing key insights on maintaining post-tournament momentum. The sportsbook technology firm confirmed the tournament delivered across all major internal benchmarks, including site engagement, profitability, and new customer acquisition targets. Bailey noted that one of the company’s primary expectations was a significant uplift in turnover, and that goal was firmly achieved throughout the competition. Constant updates to the platform and a broad range of available markets kept customers engaged for the duration of the tournament, driving strong trading results week after week. Gross gaming…

The Betting and Gaming Council has released a statement welcoming Vicky Foxcroft MP’s appointment as the new minister responsible for gambling in the UK. However, no official announcement has been made by the government or the Department for Culture, Media and Sport, and Foxcroft has not confirmed any appointments on her social media pages. SBC News contacted DCMS for clarity on the appointment, with the situation remaining unconfirmed at the time of publication. Foxcroft replaces Baroness Fiona Twycross, who had drawn criticism from gambling campaigners but was regarded by industry insiders as someone they could work with constructively. Baroness Twycross…

Midnite has had a coordinated advertising campaign banned by the UK’s Advertising Standards Authority after the regulator received 125 complaints from the public. The banned campaign covered five advertisements in total, including two TV ads, two video ads, and one radio ad, all of which ran during April and May 2026. The ads depicted characters experiencing a series of minor everyday technological failures, including a malfunctioning supermarket scanner, a broken vending machine, and a faulty hotel key card. In the visual advertisements, mounting frustration was represented by veins visibly pulsating on the heads of the characters shown on screen. Each…