Posts Tagged "UK"

UK Gaming Authority awards Magnetic Gaming with operational License

UK Gaming Authority awards Magnetic Gaming with operational License

For most firms to start off their business, the main idea will involve applying for operational license. There is a number of betting authorities that awards these licenses but they usually differ from country to another. The main different involves various taxation rates, rules under which to comply to and mostly the amount of cash that can be used to acquire such a license. Many firms have considered Malta as well as Gibraltar licenses for they are easier to acquire for little amount. Nonetheless, these licenses have their own jurisdictions such that they can’t operate in all European nations.

UK has been known for its stern restrictions in operational license acquisition. However, many consider these licenses from UK’s Gambling Authority far much better from other authorities. This comes despite having strict acts that should always be followed. This could be the main reason which prompted the Magnet Gaming firm to seek the Remote Gambling Software Operating License from the UK Gambling Commission.

This firm which has its roots in Denmark joined the league of a number of companies who supply their products abroad and must have the ultimate license for their work. These firms have to act in accordance with the 2014 Gambling (Licensing and Advertising) Act if at all they desire to have smooth business functioning.

Magnet’s Head of Game Licensing, Thomas Nielsen claimed that for his firm to have the advantage of the new markets abroad, this license must have come into play. This comes as a result of the fact that the UK market has established itself as the superior and productive market across the globe. This in turn brings in its high standards and this was fundamental for Magnet Gaming to seek the operational license.

He continued to add that this will be a huge step for the firm which aims in bringing the best games to their British clients which will be accompanied by amazing retention rates for the maximization of incomes.

This comes before next week’s ICE Total Gaming where Magnet Gaming will be on stand N6-210 as it showcases its existing and new games including Vikings, Candy Kingdom and Space Gems.

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Sky Betting & Gaming honored

Sky Betting & Gaming honored

Every betting firm across the globe will work hard to achieve its main objectives. These objectives will stretch from maximization of profits, having a substantial number of clients to their platform and being on the top in the industry. However, this is achieved by having the best quality of services and products to be rendered. Appealing products and services will automatically attract more clients who in turn will engage more in the activities offered at the firm. They would bring with themselves more cash which would be crucial for the firm which intends to make huge profits.

All said, many would always expect a reward if they perform better. In essence, the outstanding performance of the Sky Betting & Gaming (SB&G0 has not gone unnoticed. The firm was honored recently with the ‘Best Companies to Work For’ award. This is a great step for the company which has been operational for one year only.

More often than not, for a firm to be enlisted among the top 100 companies, it must have done extensively amazing projects and initiatives which would concur with the competitive market in the betting industry. UK has a group of highly skilled researchers who undertake the vigorous process in attempt to come up with the best companies among the best. Ratings as well as scores a certain firm is awarded are as a result of vigorous research which would involve employees opinion on various aspects of the firm. These questioners are updated year by year.

SB&G will have a chance to know their current rank in the top 100 firms at an event to be held on the 23rd day of February 2016 in Battersea Park, London. This comes as the firm claimed that it has entered in a deal to have £11 million being invested on 200 new roles.

The SB&G brand and HR director Rob Painter claimed that it was a great achievement to have such an accolade keeping in mind that the firm is only few months old as an independent company. He continued to claim that the new culture they have adopted has played a major role for this honor and they are now focused in achieving the set objectives and become the best digital business across UK.

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UK government awards Fanaments with operational license

UK government awards Fanaments with operational license

It is official that Fanaments, an Iceland based fantasy sport company now works under the UK licensing. The firm is popular for its fantasy sport betting activities and services it renders to its clients. These fantasy sports stretch from football, NBA basketball, PGA golf as well as MMA.

The firm has been on the rise not only in terms of fame but also development sectors. Since it was initiated last year in August, Fanaments has already paid cash outs of more than €300,000 (£224,348). Moreover it has seen monthly growth which has not been below 100%.

During its initial launch, the founders of Fanaments CTO Gudmundur Sveinsson, CPO Arnor Davidsson and CEO Bragi Egisson had opted for the Maltese operational license. However, in attempt to expand their UK popularity and gain more clients, Fanaments heads decided to seek for a UK license.

Egisson claimed that it was with pleasure they introduce a multi-fantasy betting firm. Having most people depending on football fantasy, it was a brilliant idea to incorporate other sports in the fantasy gaming word to satisfy the craving of other sport lovers.

He continued to say that their initiation is congruence to the week fixtures of various sports. For instance, Magic and Raptors will go head to head in NBA action this week sparkling excitement to London fans. Moreover, the big game of football lovers comes over the weekend as Liverpool entertains Manchester United on Sunday.

Daily fantasy sports enables players to have a selected various teams every day and has Fanaments incorporating various incentives, live stats as well as an easy platform where different players from different areas can take the center stage.

Egisson also continued to claim that a very welcoming reception is expected to be guaranteed to Fanaments. This will motivate the entire team in bringing more excitement for this week as well as the upcoming days not only in football but also in various sports.

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Sky Bet’s client scoops the Super 6 jackpot worth £250,000

Sky Bet’s client scoops the Super 6 jackpot worth £250,000

It was a brilliant day for one client of Sky Bet after he miraculously won the Super 6 jackpot and pocketed a total of £250,000. The winner who goes by the name Owen Burrows is a 25 year old who resides in Cambridge. He apparently made a total of six FA Cup correct predictions that would see him accrue the substantial amount. He claimed that he wasn’t expecting all these games to go as he had predicted, it was like a dream come true for him.

The six games gave out total odds of 770,000/1. The games which he predicted were as follows, a 3-1 win of Arsenal over Sunderland, Stoke to win 2-1 away at Doncaster, Crystal Palace to beat Southampton by 2-1 margin, Manchester City to thrush Norwich by 3 goals to nil, West Ham to win by a solitary goal against Wolves while the same margin of win be awarded to Watford against Newcastle. To his surprise, all his prediction came out to reality as respective teams won by the same margin Owen had predicted.

After the amazing win, the Head of PR at Sky Bet, Sandro di Michele was the one who came out first to give a congratulation message to the lucky winner. He claimed that for the first time, a jackpot has been clinched via correct scores predictions of the FA Cup. It was a unique thing to happen and he dearly congratulated Mr. Owen on behalf of the entire Sky Bet team for his massive win.

He continued to claim that the lone strike by West Ham striker Nikica Jevalic proved to be the turning point for Mr. Owen who stood beyond all doubts to win £250,000 in a Super 6 selection. Forever, he will have the memories of that lone goal scored in Upton Park.

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Online betting business in Britain and Ireland gets Murdoch backing

Online betting business in Britain and Ireland gets Murdoch backing

Last Thursday, Tabcorp Holdings Limited claimed to the public that it will enter into an association with News UK with attempt to make betting in both Britain and Ireland run smoothly. The partnership will be termed as Sun Bets and will be initiated in 2016.

Under the new deal, Tabcorp will have its products made public via advertisement through Mr. Rupert Murdoch’s News UK where it has a strong fan base. The Sun newspaper will print and digitalize the property and other special events offered for waging including associate sports and racing products among them the Goals, Favorite and Dream Team FC.

The association however will relay heavily of profit maximization and sharing between the two cooperates. After the adverts are made by News UK, Tabcorp will on the other hand be willing to share its profits under the stipulated terms. The deal also has an extra clause that would see Tabcorp acquire an operational license that will be subject to the first 10 years with a higher possibility of extension depending on the performance in the market.

According to David Attenborough who is Tabcorp’s Managing Director and CEO, the deal between Tabcorp and News UK will be crucial for the new focus on the A$7 billion in the UK online betting markets based in UK and Ireland. The attraction of more clients in eminent as he claimed that the highest number of readers that The Sun has believed to be more than 10 million. Out of these, more than 1 million are football fanatics who will definitely engage in The Sun Dream Team FC fantasy football event.

He concluded by saying that the deal will enable his firm be the best online bookmaker in the UK market as well as helping them attain their strategy in the close-to-close core international chances.

Consequently, News UK CEO Rebekah Brooks added that the association marks a new beginning for Tabcorp digital platform and it will be fundamental for the company as it strives to have a top-class online sports book. With both The Sun and Dream Team fantasy football having a cemented fan base, there is a high guaranteed possibility that Sun Bets will have an established roots in the online betting industry.

The Australian based Tabcorp is among the top 100 public firms with top tight security to both its assets and those of its clients. It is among the largest operators in terms of revenue gunned. Both The Sun of Britain and Irish Sun in Ireland will be the most efficient channel for advertising products and services offered by Tabcorp.

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