Sportingbet, which currently trades on London’s Alternative Investment Market (AIM), a sub-market of the broader London Stock Exchange, feels it’s ready to move up to the big league. The stock, which traded as low as 20p two years ago, is currently trading at almost four times that value, reflecting the miraculous turnaround the company has made since the UIGEA destroyed its US-facing business. Sportingbet, which now relies on Europe for 90% of its business, can expect to attract a wider range of potential investors who are legally prohibited from backing companies in the less-regulated AIM. Read more.
Sportsbet sues Crownbet to stop Sportingbet rebrand
June 25, 2018
EU court spanks Hungary’s online gambling laws … again
February 28, 2018
Greece hits GVC Holdings with €187m back-tax demand
January 25, 2018