• Unibet Buys Bookmaker Stan James Online Operations

    19 July 2015

    Contractunibetstanjames

    In the United Kingdom, the online gambling market has seen a bit of a chokehold put on it after regulations and licensing changed over the past couple of years. One of the major effects on the industry was that there aren't very many large online sports betting operations going, and that means that when a company like Unibet is looking to expand their market reach in the UK, they don't have many options for acquisitions. This is part of the reason why they went for the Stan James online operation.

    Details on the Purchase

    This purchase was for £19 million, and it includes all rights to the Stan James brand. This brand is extremely important because it has a long history due to land-based operations, and it also gives them access to a ton of resources and players that Unibet wouldn't have been able to reach otherwise. In short, it's a very strong move for taking over a larger portion of the sports betting and horse racing market for Internet betting in the United Kingdom.

    Unibet Takeover Style

    Unibet has been expanding and seeing a lot of growth over the past few years, and this purchase of Stan James online is a direct result of that growth. They want to be picking up larger and larger pieces of the market, and to do so, it's more efficient to purchase some companies than to try to fight them out over market share. In this case, they have purchased access to tons of punters from the UK, and this puts them in an immediate position of strength in this part of the country.

    Unibet offers sports betting, and they also offer an online casino that's been around since 2003. They have a ton of experience and longevity in this business, and that's one of the reasons why they have been able to build up such a reputable and trustworthy brand. They are known for their fast, reliable payouts and for offering players a wide range of games and promotions. In the sports betting space, they always have good odds compared to the industry average, and they give people a lot of different sports and events to bet on.

    Related News

    • 24 February 2017

      Mexico Welcomes Net Entertainment Through Codere Deal

      Codere is a company that operates online casinos in a few different regulated markets. These markets include Italy, Mexico and Spain. They have partnered with Net Entertainment in the past to provide content for their casino sites, and a new deal between these two companies has led to NetEnt's official launch into Mexican territory. Entering Mexico Online gambling is regulated in Mexico, and this is a big part of the reason why Net Entertainment has decided to enter.

      Read full article
    • 20 February 2017

      New Bookee App Improves Mobile Sports Betting

      If you're a fan of sports betting, then chances are that you have at least looked into placing your bets through a mobile device. One of the problems you have probably ran into along those lines is that the user interfaces for mobile sports betting apps tend to be less than optimal. There's a new app that's looking to change that by putting the user interface first, which is something the mobile side of this particular sector of the gambling industry is sorely lacking. How Bookee Works

      Read full article
    • 11 February 2017

      CyberBingo Announces Coupon Book Promotion

      Most people have seen a couponbook before, and it's usually something given out as a promotional gift or as a part of a type of fundraiser. In the case of CyberBingo, it's a chance for players to get a tremendous amount of value over the next seveal months with their newest promotion. It's really easy to get your coupon book for this event, and they've made it easy to get value from it as well. How to Quality It's really simple to get paid from this promotion.

      Read full article