St Katherine Docks the new HQ for Smarkets

St Katherine Docks the new HQ for Smarkets

Heads at the online betting exchange Smarkets unveiled to their associates that they had two main announcements to make. Alongside its backers Passion Capital and Deutsche Telekom’s venture capital arm T-Venture, Smarkets claimed that it had acquired remote betting operator license from the Republic of Ireland. This prompted the firm to relocate its HQ to London which provides a convenient locality for controlling its outside businesses.

Following the recent review of gambling rules in Emerald, Ireland now joins the League of Nations that has taken the initiative of according operators with remote betting licenses. This will not only attract more investors in the nation but also boost the income from taxes from these betting firms.

The betting exchange firm claimed that its main objective would be having a centered market in Ireland and attract more clients with their new incentive of low commission rates. Clients with the firm will be accorded with a 2% commission to profits emanating from betting as opposed to 3-5% charge that is incorporated by other marketing firms.

The CEO of Smarkets Jason Trost claimed that it is their duty to award their clients with top class value and openness in their products and services. Their objective of expanding their markets in Ireland gives them an opportunity to award their customers with amazing market odds that are accompanied by a low commission charge of 2% which is very low as compared to other firms offering the same. He was eager to work together with Irish clients as well as having an idea of their main base.

Smarkets has been on the rise in terms of development. This year alone, it claimed to have more than 400% YOY and also stipulated that it would incorporate 75 more staff members who would be based in its new HQs in London.

Its new operational bas in St Katharine in London is a top-floor 10,000 square foot bespoke space that was designed by ThirdWay Interiors; a design company based in London.

Mr. Trost continued to say that the new base will be a source of employment to lucky UK populace as well as providing a strategic location for controlling all businesses happening in and out of the firm. This will be done before the conclusion of the Q4 of 2015.

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UCLA Basketball star Dave Meyers demises aged 62

UCLA Basketball star Dave Meyers demises aged 62

It was a sad moments for the whole UCLA fraternity following the loss of star player Dave Meyer on Friday at his home in Temecula, Calif. aged 62. Meyer was part of the team that won the 1975 NCAA under mentorship of Coach John Wooden. He passed on after a short battle with cancer.

In his final season with UCLA the 6-foot-8 topped the score board for the team with 18.3 points and 7.9 rebounds a game. That season the Bruins recorded 28-3 winning margin. In a final showdown game pitying UCLA and Kentucky in San Diego, Meyer recorded a stunning 24 points with 11 rebounds as he propelled his team to a convincing 92-85 win.

He achieved the second best overall pick fate after the Lakers conducted the pools. He only came second to David Thompson who hailed from North Carolina State. He played for Atlanta Hawks by then but would later sign with Virginia Squires from an opponent ABA.

After being drafted in the new squad, Meyers became a man to watch in the league. He played alongside prominent professionals of that time such as Brian Winters, Junior Bridgeman as well as Elmore Smith. The four were later traded to Milwaukee Bucks in exchange for Abdul-Jabbar one of the historical legend NFL player who had three MVP awards to his name during the transfer as well as Walt Wesley.

After moving to Milwaukee, Meyers continued with his amazing form and averaged 11.2 points as well as 6.3 rebounds per game. Nonetheless, he would later retire from NBA four seasons later.

David William Meyers was born on the 21st day of April in 1953 in San Diego. He has left behind a wife Linda with who has been married to for the last four decades. The two were blessed with two children, a daughter Crystal; and a son, Sean. He leaves his mother, Pat as well as three of his brothers Bobby, Jeff and Mark. He has five sisters namely; Cathy Meyers, Coleen Lindsey, Ann Meyers Drysdale, Susan Meyers and Patty Meyers.

His sister Ann Meyers Drysdale followed his footsteps and in 1993, she was incorporated in the Basketball Hall of Fame as she played for UCLA women team.

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Sports betting promotion in Australia to be put on check

Sports betting promotion in Australia to be put on check

Several clubs such as Essendon, Western Bulldogs and St Kilda has signed a deal that would eradicate betting promotion at the clubs and during match days in attempt to curb the influence of sports wagering among football fanatics. These clubs together with North Melbourne, Collingwood, Hawthorn as well as Melbourne Victory has signed the Victorian Responsible Gambling Foundation charter that is aimed at protecting bettors from betting associated hazards.

Stipulated in the charter, no club would allow any sort of advertisement on betting across its stadium. The Responsive Gambling Awareness week starts this Monday with Serge Sardo the chief executive at VRGF claiming that over 140 clubs based in Victoria have joined the campaign.

Nonetheless, having signed the deal, it was evident that some of its members still have poker machines in their locality. For instance, last year more than $22 million was lost by bettors in Hawthorn alone. St Kilda, Bulldogs and Essendon have had poker machines too.

However, Sardo claimed that this movement was not for the eradication of betting in the state but would aim at making sure that responsible and honest betting is conducted across all betting platforms. He added that it has been evident the crossing of the line by advertisement on betting which has reached a point of destroying the livelihoods of addicted gamblers. Nonetheless, he assured that the movement will advocated for responsive gambling in the state.

Minister for Gaming and Liquor Regulation Jane Garrett claimed that there has been an increase in the amount of advertising income by $44.5 million last year to record at $149 million. She claimed that the charter would be fundamental in educating bettors, fans as well as members of the hazards that are associated with betting.

The signing of the charter is accompanied by the opposition of the Labor government who claim that it has cut down the budget by $2 million which they claimed that was a way of underfunding the foundation. Opposition gambling spokesman Russell North claimed that this move has been attributing to the cutting of funds meant to accord assistance to addicted bettors and this is a negative aspect that inflicts more risks to bettors.

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EU funds Integrity Education Programme

EU funds Integrity Education Programme

The European Union has decided to sponsor the joint EU Athletes and regulated betting sector’s pioneering player betting integrity education programme with a total of €488,305 that would see the programme run for two more years from Jan 2016 to Dec 2017. The programme was initiated after an association of RGA, EGBA and ESSA five years ago and these firms have claim to have extra amount in addition to the EU contributions.

The General Secretary of EU Athletes Jean-François Reymond, claimed that he was pleased to receive such a boost which forms the second time the EU has donated the funds to the programme. He added that their efforts are being recognized by various organizations with the firm having an objective of improving the educational practices to players as well as facilitating the well being of the #PROtechIntegrity crusade.

The EU Athlete will now concentrate on the development as well as implementation of five main ideas of knowing the rules, being conversant with the inside information, avoid personal sport betting, avoiding the offences of match fixing as well as report any apprehensive malpractices. This will be accompanied by the increased participation in the #PROtechIntegrity crusade with the aim of familiarizing the programme to a large audience based in different European nations.

The Secretary General of ESSA Khalid Ali claimed that the programme has been on the forefront in advocating for the effectiveness as well as genuineness in the betting and sports arena and having financial support from the EU and other stakeholders will propel the initiative to a larger extent.

Clive Hawkswood, Chief Executive of the RGA also added that the integrity and honesty of sports across Europe will only be achieved through cooperation between betting operators, European Commission as well as athletes associations. He was pleased to inform the audience that his firm will fund the programme for two more years with the aim of finding honesty in sports.

On the other hand, the Secretary General of EGBA, Maarten Haijer claimed that this programme educates young talented sportsmen and women on the risks associated with match fixing. He claimed that this is the main reason as to why they would fund the programme for two more years and may be a possibility of further funding at stake.

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Gambling in Ukraine to be revived

Gambling in Ukraine to be revived

A ‘Game On’ Conference meeting is scheduled to take place on the 13-14 of October this year with the aim of reviving gambling in Ukraine. The Kyiv based meeting involves global experts, captains in the gambling industry as well as top official in the Ukrainian government. The main agenda would be initiating a passage unto which betting would be brought back in the nation in a transparent way following five years absence.

Nonetheless, the reviving of the betting practices in the nation means that there will be initiation of new rules which would be followed to the letter not only by casino operators but also sports betting, online gambling as well as lottery acts. This would be fundamental in maintaining the interests of the nation as the first priority as well as putting in check the conduct taking place in accordance to the international standards. This initiative by the government will also play a key role in the affairs of the state including attraction of foreign gamblers which would boost the tourism sector as well as raising the revenue for the government.

The newly incorporated gaming industry is deemed to create more than 300,000 job opportunities in the next five years as well as bringing in extra UAH 2.3 billion as tax income in a year. The revenue can be used in other social services and the Ukrainian government would welcome such a move.

The Conference marks the start of several varieties of events with the initialization of rules of first order that would be beneficial to clients, operators as well as the government. This would be tagged along with acquiescence of the report to the Ukrainian parliament and the re-launching of the gaming industry.

Those in attendances in the conference and speakers include the Who’s Who of the Ukrainian politicians as well as global gaming industry advocates selected from various huge gaming firms. The conference provides casino operators, legislators, suppliers as well as equipment manufactures with ample time to discuss more on the future of betting in the nation.

ACE Publishing Ltd is the company that is behind the success of the conference and it is leading other companies in bringing back gambling in Ukraine.

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NetBet Strikes a Deal with Steaua Bucuresti

NetBet Strikes a Deal with Steaua Bucuresti

Romanian football giants Steaua Bucuresti has received a huge boost after it was officially claimed that the football club had struck a deal with NetBet a European sports betting operator. Following the legalization of sports betting in Romania, NetBet decided to take this crucial opportunity in making a productive deal with the football club that would see the firm being the club’s sponsor.

This deal has two main agenda. Initially the well being of players, coaches and the staff for the club will be put on check with the new deal. Nonetheless, signs and posters of the betting firm will posted on the club’s stadium with adverts being made via digital platform for Steaua Bucuresti during match days. This would popularize NetBet among those clients who had little or no knowledge about the betting site. They will be accorded guidelines on how to register with NetBet and this in turn would bring in more revenue for the company.

According to NetBet marketing, the deal is one of their largest investments ever to be conducted in Romanian soil and that with Steaua Bucuresti forming the highest number of fan followers, following its huge achievements in the Romanian league success would be eminent.

Steaua Bucuresti had claimed to have received several partnership deals but in the end it opted for NetBet for the firm has shown enormous growth and development in the betting industry as well as their deep knowledge on Romanian football.

In his speech to welcome the deal, CMO at NetBet Global Alexander Mangaud highlighted that football has been crucial as it forms part of their product with events related to football providing them with a vital section in their income. He continued to say that their main agenda in choosing the industry was not for business purpose only but rather for their passionate in football which would bring together. This passion has been shared by the two parties.

Mangaud added that the club has been a symbol of the above attitudes and values and this formed the fundamental aspect into which they opted for a deal with Steaua Bucuresti. This would help the two parties’ progress marvelously unlike when they function independently.

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Final Contenders of the LaunchPad Announced by EiG 2015

Final Contenders of the LaunchPad Announced by EiG 2015

The 8th EiG Start-up LaunchPad competition is set for the 22nd day o November at the Arena Berlin and will incorporate subjugated tendencies in sports trading technology, anti-fraud, casual gaming as well as eSports.

This event is held two times every year in the Clarion flagship events; EiG in Berlin and the GiGse in San Francisco attracts the participation of prominent firms such as the Imperus Technologies (buyer of Diwip and Akamon), NumberFire (acquired recently by FanDuel), BlueBat Games (acquired by Novomatic) and Element Wave (now an established mobile solutions provider).

The event is organized by an association with the GamCrowd and since its initiation it has included a panel of judges from the iGaming segment. Among them includes; Evan Hoff from Velo Partners, Ian Hogg from GamCrowd and Mark Blandford from Burlywood Capital. Moreover, of late it has included investors from various global firms such as Revenue Engineers, Found Fair Ventures and Partech Ventures who together forms the questioning group to the attendees of the competition.

The final list of the participant to the event who would be in search of a glorious award winning are; Dupzadder a company that specializes in perceiving fraud among clients who may have several identities or accounts, Stratagem Technologies a company that eyes pro traders as well as investors in opening up sport trading value, eSportsPolls.com (ESP) the creator of tedbets.com which gives clients a resourceful analysis of fantasy league games, Casino VR a multi casino stage that encompasses several games and knowledge and Skillzzgaming a new platform in real money betting that gives clients time to play in their passionate games.

The selection criteria involves through examination on various global firms that submitted their applications between April and August. The selecting team comprising of chair Melissa Blau from iGaming Capital, Clarion’s Ewa Bakun, and Chris North from GamCrowd claimed that the selection criteria has been so stressing provided that all the applicants had qualified with flying colors and this formed a hard decision in choosing and leaving others. Nonetheless, the three selecting panelist were able to come up with five main contenders for the main prize. They claimed that it was their hope that the winner of this year’s event would have a greater future ahead.

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