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Betconnect partners with Love Sport Radio

Zoltan Tundik

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Betconnect, the world’s first social betting network that gives people access to the bets of professional gamblers, has partnered with Love Sport Radio, the sports radio station that gives fans a voice.

Betconnect is a game-changing new technology platform for the online gambling industry that aims to level the playing field between bookmakers, professional gamblers and punters.

The world’s first social betting platform, it connects professional gamblers who have been restricted or closed by traditional bookmakers, with a network of everyday punters, in a shared betting experience.

The partnership starts with ‘Betconnect Week’, kicking off on Ian Stone’s Comedy Breakfast Show on Friday 18th January to help celebrate the launch of betconnect.

Betconnect co-founder Mark Weaver said: “We see this as the perfect partnership between two companies with ambitious growth plans for 2019.

“Love Sport Radio’s listeners are passionate sport fans, an audience that sits perfectly alongside betconnect’s. The content and views they will get from our pro punters will help stir debate and insight into their favourite sports and teams.”

Love Sport Radio founder Kelvin MacKenzie said: “We’re excited to be partnering with betconnect who are bringing real innovation and disruption to the betting sector.

“We’ve been doing that in sports radio since we launched last March and we share an audience of engaged sport lovers, so there is the potential for us to do some really interesting, creative campaigns together.”

 

About betconnect

For many years now, professional gamblers have found their accounts closed or restricted by bookmakers due to their ability to identify value and win. Betconnect aims to solve this problem and promote a fairer experience, whilst also driving punter engagement and transactional volume to unprecedented levels.

Professionals can create and submit bets into the betconnect platform on all major sports and betting markets, using the very best real-time odds. The bets are then intelligently distributed to a network of punters who are prepared to match the bet in exchange for the tip received in the process.

Punters are sent personalised bet requests from the pros based on their preferences and can then make an informed decision to copy, follow or lay depending on their judgement as to the quality of the tip and the professional behind the bet. Punters can view the pro’s profile and track record within the platform.

Betconnect Ltd is licensed and regulated by the U.K. Gambling Commission (Number: 000-044346-R-323354-001) for customers in Great Britain.

 

About Love Sport Radio

Love Sport Radio is a sports radio station broadcasting to a potential audience of over 10 million people across London on 558am, and on DAB digital radio; and nationally online, via the app and smartspeaker.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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AGTech announces revenue report of 2018

Niji Narayan

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AGTech announces revenue report of 2018
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AGTech Holdings Limited announced its final results for the last year, revealing a profit of approximately HK$317.1 million (US$40.4 million). The results were up from a loss of HK$302.2 million in the prior year period.

Revenue of the group, however, was down 44.2 per cent year-on-year to approximately HK$168.6 million.

The main revenue contributions were from lottery hardware, lottery games, and systems, provision of distribution and ancillary services, games and entertainment business in the PRC.

The decrease in revenue was caused by an HK$86.0 million decrease in revenue from its games and entertainment division and a decrease in sales of lottery hardware of approximately HK$60.3 million.

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GVC confirms departure of Lee Feldman

Niji Narayan

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GVC confirms departure of Lee Feldman
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GVC Holdings is seeking a new Chairman, as incumbent Lee Feldman is preparing to announce his formal departure from the FTSE100 betting group. Feldman has been a GVC governance advisor since 2004 and was appointed corporate Chairman in 2008, becoming a key stakeholder in the firm’s aggressive M&A expansion strategy and corporate financing structures.

The news of the departure comes amid GVC investor backlash at Feldman and Chief Executive Kenneth Alexander having offloaded a combined 3 million of company shares at discounted price. This drawn the criticism from GVC investors, having shrunk the firm’s shareprice to 519p and further being branded as showing a “lack of confidence by leadership” on GVC’s long-term prospects.

GVC maintains that Feldman will be leaving the betting group, as part of City governance guidelines obliging FTSE Chairmanships to last no-longer than nine-years. The corporate governance had begun an accelerated process to find Feldman’s successor.

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Smarkets announces strengthened executive team

George Miller

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Smarkets announces strengthened executive team
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Smarkets, one of the world’s largest betting exchange and prediction market platforms, has this morning announced a strengthened executive team.

Robin Harrison, a former engineering team lead at the company, has re-joined the company as Chief Technology Officer after a year in the role of Head of Engineering at Asto, a fintech startup backed by global bank Santander.

Meanwhile, Tom Hardman and Céline Crawford have been promoted to Chief Operations Officer and Chief Communications Officer respectively.

Hardman, who formerly held the title of Head of Business Operations, is one of Smarkets’s longest-serving employees having joined in 2010 after graduating from Oxford University. During his time at the company, he has overseen many areas including finance, legal and customer support.

Crawford has been with Smarkets since 2015 after working in the banking and communication sectors for over a decade at companies including finnCap and Commerzbank.

Smarkets have also hired Chris Baldacchino as Chief Compliance Officer. He joins after holding the same position at Hero Gaming, having previously been COO at the Malta-based firm.

The quartet join CEO and Founder Jason Trost on the company’s executive team.

Trost said: “I’m delighted to welcome Robin and Chris to the company, as well as adding two of our most dedicated employees, Céline and Tom, to the executive team.

“Robin, having been a team lead at Smarkets previously, is well-placed to develop and advance our class-leading product further, while Chris’s industry expertise will be invaluable as we look to expand to new territories, such as the emerging US market and other European countries.

“Both Céline and Tom are integral employees who have been with the company for many years and fully deserve their promotions, having played a big part in our recent success.”

The C-suite announcement comes shortly after Smarkets revealed that it had over £150m of trading volume on its exchange during the recent Cheltenham Festival, with all-time records broken for concurrent users on both the company’s web and app platforms. Read more at smrkts.co/chelt19

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