Gambler Andy Green has been left in “total shock” after Betfred refused to pay him the £1.7 million jackpot he claims to have won on Frankie Detorri’s Magic Seven, a progressive slot game. Green said he called the bookmaker, which confirmed his win, so he spent £2,500 on a massive party with friends to celebrate. Four days later, Betfred called to say there had been a mistake and he would not be paid. He says it refunded the £2,500 as a goodwill gesture and offered him £60,000 to keep quiet. Betfred said the site “suffered a software malfunction and no legitimate jackpot win occurred.” Green plans to take legal action. The Sun has more on this.
Bet Victor has been forced to launch an internal investigation after a password list was made available to view on its website. Security researcher Chris Hogben said the two-page document featuring a list of links to back office systems, usernames and passwords was out there. “With access to any of these systems, it may be possible to access sensitive company information and potentially even user-specific data,” said Hobden. The company reacted by quickly pulling its customer support system offline, and a spokesperson said: “We are still investigating this matter with our third party suppliers and cannot answer any specific questions at this point in time.” Head over to ZDNet for the full article.
Bet365, the world’s largest online gambling company, has created 100 new tech jobs in Manchester as it plans to grow its market share. It is headquartered in Stoke on Trent, and it opened a Manchester office in 2016. Bet365 has since taken on almost 200 software developers and testers, and it is now adding 100 new developers to its ranks. “Growing our team to meet the demands of the business is key but doing so in a sustainable way that ensures longevity is crucial,” said Warren Hughes, head of systems development. “Certainly, we’ve enjoyed rapid growth since we came to the City two years ago but what’s equally encouraging is our ability to retain the talent we recruit.” The company employs more than 4,300 people in total, is live in 19 languages and has 35 million customers worldwide. Visit Prolific North for more on this.
Bet365 refunded £1.5 million in futures bets on Sunday as Spain and Denmark crashed out of the World Cup on penalties. The site is running a Penalty Payback promotion, where you get a refund if your win or each-way selection to win the tournament is eliminated via a shoot-out. “The Spain refund was a lot more than the Denmark one, but the offer has already shown its worth just a few games into the knockout stages,” said Bet365’s Steve Freeth. Read Goal for more on this.
Canada’s Stars Group has increased its debt-note offering from $750 million to $1 billion as it seeks to fund its $4.7 billion acquisition of UK gambling giant Sky Bet. Read Stocks News Gazette for an interesting drilling down of the group’s finances.
Italy’s newly appointed coalition government has introduced a blanket ban on gambling advertising that will take effect from June 2019. The government approved the legislative Dignity Decree on July 2. Genoa President Enrico Preziosi calls the plan “madness” in an interview with Football Italia.