Bet365 to cut around 340 jobs across European operations
The operator says it is restructuring parts of its business amid rising regulatory and tax costs.
1 min read • Sep 9 • By
Keih Ma
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Vegangster
Logifuture
SmartSoft
Linebet
JDB Gaming
AMATIC Online
ONLYPLAY
Makeberry Affiliates
Euro Games Technology
GammaStack
Global Gaming Awards
Titans
Z-Gaming
N1 Partners
bet365 Partners
ReferOn
SPAYZ.io
1spin4win
BetConstruct
GammaPlus
Imagine Live
DATA.BET
OMNIPLAY
GammaSweep
Galaxsys
GR8_TECH
DYG
The operator says it is restructuring parts of its business amid rising regulatory and tax costs.
The action comes less than two weeks after a federal appeals court backed Nevada's authority over sports event contracts, conflicting with a Third Circuit ruling in New Jersey.
The regulator has ended its antitrust investigation after legislative changes effectively eliminated the market at the centre of the dispute.
The suppliers says findings from an expert report commissioned by Evolution reinforce its concerns raised in an ongoing legal dispute.
Crypto.com CEO Kris Marszalek confirmed the partnership was formed to attract traders and institutions, while event contracts are ‘just the first product we’re going to be launching together.’
Currently, the operator offers injury protection during both the first and second halves of NFL matchups, while the newly enhanced capabilities provide insurance for player prop wagers.
Kalshi originally filed a lawsuit in Utah on February 24 following what the operator described as an ‘intrusion’ into the federal government’s authority to oversee prediction market platforms.
Alongside the debut of its ‘Super App,’ Betr also launched a new flagship campaign – Something Betr – starring Jeremy Piven, Adrian Grenier, Jake Paul, Lonzo Ball and Gelo Ball.
Washington, DC, marks bet365’s 19th US market as the operator continues its North American expansion.
As part of the social spot unveiling the New York office, sports figures such as Eli Manning, Richard Sherman and Reggie Bush also help promote Polymarket’s new headquarters.