OCUK News Centre

Grand National Betting Breaks Online Records

The 2018 Grand National prompted an increase in online betting activity as multiple companies reported record-breaking figures.

Following the completion of the world’s most anticipated steeplechase event on April 14, the numbers have shown just how important the race is for the British betting industry.

Reviewing the number of online payments processed in the lead up to the Aintree race, SafeCharge recorded a 60 percent increase in activity compared to 2017.

Fast and Furious Action Online

Processing payments for a number of industry operators, SafeCharge recorded £200 million in bets this year and said that online transactions are now the … Read more

Bookies Braced for Another Bumper 2018 Grand National

The 2018 Grand National is set to get underway on April 14 and this year the bookmakers are gearing up for another multimillion pound race.

Before the 40 runners and riders line-up on the starting line at Aintree, bookies across the country are expecting somewhere in the region of £300 million in wagers.

In 2017, the leading jump race in the world was screened on ITV for the first time, a move experts predicted would lead to impressive viewing figures.

Viewing Figures Down but Hopes High

However, despite the start time being pushed backed to 5:15pm and ITV having a … Read more

Self-Exclusion Slip Costs Sky Bet £1 Million

Sky Bet has become the latest UK operator to feel the force of the Gambling Commission and its current drive to increase social responsibility standards across the board.

In a notice published on March 28, the UK Gambling Commission (UKGC) explained that weaknesses in Sky Bet’s self-exclusion facilities had resulted in multiple failures.

According to the regulatory body’s findings, 736 self-excluded players were able to create duplicate accounts and make bets.

Multiple Failures Lead to Big Money Fine

Additionally, 50,000 players who had asked to be blocked from the site were still sent marketing material, while 36,748 customers didn’t have … Read more

Zlatan Ibrahimovic Keeps Online Betting Site Offline

Footballer Zlatan Ibrahimovic has forced online betting company Bethard to postpone its UK launch following an investigation by the FA.

The current Manchester United striker had been slated to appear at a press conference on March 26 to announce his association with Bethard UK.

However, after news of his partnership with the company reached English football’s governing body, the event was put on ice.

Rule E8 Catches Bethard Offside

As per its LinkedIn page, the Bethard Group was founded in 2012 and currently has a presence in a selection of Scandinavian countries, including Ibrahimovic’s native Sweden. With the company now … Read more

Sportech Shares Plunge More Than 50 Percent Over Profit Warning and Failed Acquisition

On Wednesday morning, the former owner of Littlewoods Football Pools and the Littlewoods Gaming brand, Sportech, announced it had a new chief executive, Andrew Gaughan. It also issued a profit warning and confirmed that recent talks to acquire the company had broken down.

By lunchtime, more than 50 percent had been wiped off its market capitalisation as its stock crashed on the London Stock Exchange.

Gaughan had tried to reassure investors that while “a sale of the company might have delivered an immediate further return,” he was confident that “the company has the potential to deliver significant long-term value to … Read more

MansionBet Secures Knockout Deal with George Groves

MansionBet has teamed up with George Groves, the WBA super-middleweight champion, ahead of his much-anticipated title fight against Chris Eubank Jnr.

Working in partnership with sports advertising agency Project11, Mansion has agreed a deal to have branding for its new sports betting venture on display during the February 17 bout.

Despite previous sporting projects, this deal will be Mansion’s first major venture into boxing.

Branching Out into Betting and Boxing

The company’s casino brand has been associated with football for more than a decade. In 2006, the operator signed a four-year shirt sponsorship deal with Tottenham Hotspur before linking … Read more

Arsenal FC Takes a Punt on CashBet Cryptocurrency

Arsenal Football Club has become one of the first Premier League clubs to embrace cryptocurrency world by inking a deal with CashBet.

Announced on January 24, the deal will see CashBet receive exposure across Arsenal’s offline and online channels in the first instance.

Additionally, CashBet has already started to add images of famous Arsenal players to its site ahead of further crypto-related content in the future.

Arsenal Embracing New Technology

While the recent announcement doesn’t suggest that Arsenal will utilise CashBet’s technology to create its own cryptocurrency, the club is promoting one of the latest coins to hit the market.… Read more

Online Betting Boom Boosts Football Sponsorship Deals

Online betting sites have become a major presence in professional football across England according to the new research.

Charting the rise of betting sponsors in football, researchers at the University of Glasgow and Healthy Stadia found that online operators now control 95% of the market.

Sampling 79 sponsorship deals made since 2005, the academics noted that 75 were between betting companies and football clubs.

Relaxed Rules Cause Influx of Betting Sponsors

Prior to a relaxation of the rules regarding sponsorship deals in 2005, just four English clubs had links to sportsbooks, casinos and poker sites. Commenting on the data, … Read more

Uproar Over Ipswich Town’s New Betting Sponsor

Ipswich Town’s board came under fire from fans recently after it announced a new three-and-a-half-year sponsorship deal with Magical Vegas.

Following a decade with the same shirt sponsor, the Suffolk-based football club decided it was time for a change.

Now, where the eponymous company name of club owner Marcus Evans once was will be the logo of Daub Alderney Ltd.’s online casino site, Magical Vegas.

Deal Brings New Look and More Money to the Club

Part of the Stride Gaming group, which is an AIM listed company, Daub Alderney Ltd operates 100 online brands, including casino sites and marketing channels. … Read more

American Sports Betting Regulation Could Benefit British Bookies

America’s sports betting market could soon be open for business across the country after analysts suggest the Professional and Amateur Sports Protection Act (PASPA) could soon be overturned.

Unlike the UK and Europe, sports betting in the US has long been a source of contention with only four states having the right to offer it legally since 1992.

However, following a battle between New Jersey’s Governor and those in support of PASPA, things could be set to change in the second quarter of 2018.

PASPA’s End Could be Insight

Following the case, analysts at Barclays have concluded there is … Read more