Sky Betting and Gaming is showing interest in the UK daily fantasy sports market, signing a partnership deal with UK football DFS provider Dribble which will see that company’s product offered under the Skybet brand, and promoted across its diverse platforms. The timing of the deal is sound, with the English Premier League about to …
It appears that the acquisition bid for the Paysafe group (see previous reports) by private equity groups Blackstone and CVC Partners is gathering momentum, with reports that the board of Paysafe is to recommend the latest offer to shareholders, and the consortium agreeing to a consideration of GBP 2.96 billion. That enables the Paysafe directors …
Antigua-based Esports Entertainment Group Inc., a licensed online gambling company with a specific focus on eSports wagering, has announced two key management appointments in preparation for the imminent launch of its eSports betting operations. Stephen Cotugno joins the company as vice president corporate finance. He has extensive corporate finance and investment banking experience over the …
Australian land and online betting behemoth Tabcorp has released its FY 2016-2017 figures, reporting a net profit after tax loss (NPAT) of A$20.8 million following significant items after tax that included AUSTRAC litigation costing A$61.8 million; AFP Cambodia investigation A$1.9 million; proposed merger with Tatts A$53.9 million; Intecq acquisition A$4.9 million; Sun Bets operating loss …
Betfair New Jersey has unveiled the Colossus Fracpot, which it bills as the world’s first cash-out slot, on its New Jersey site. The US company revealed that it has partnered with leading gaming provider Game Account Network (GAN) and cash-out pioneer Colossus Bets, bringing cash-out to the US market for the first time. Where traditional …
Australian business media reports indicate that William Hill plc is “disappointed” with the H1-2017 performance of its Australian subsidiary after operating profit plunged 85 percent year-on-year to just A$1.1 million. The decline is all the more remarkable given a 28 percent rise in amounts wagered in the period to A$1.48 billion, a phenomenon which management …
The recent policy decision by Google to allow UK gambling apps in its online Google Play store (see previous report) has been followed by the news that 888 Holdings has been among the first to take advantage of the new policy. The company has made a range of its gambling brands available for download in …
Nigerian bookmaker Naija Bet was left back-peddling and apologising this week after offering bets on whether the ailing Nigerian president, Muhammadu Buhari, would return to Nigeria from treatment in London. The company claims it did not intend to disrespect the president, and its offer was misinterpreted by the media, saying in a Twitter explanation: “We …
Online and land gambling group Ladbrokes plc has announced a three-year sponsorship agreement with the famous English football club Sheffield United FC. The deal includes Ladbrokes becoming the club’s official betting partner. Ladbrokes has agreed to provide betting services at the club’s 32,000-seater Bramall Lane stadium, and sponsor club shirts bearing its brand, along with …
Maine has become the fifteenth US state to legalise (in this case by default) daily fantasy sports activity after a bill passed by the Legislature expired following a month unsigned on the governor’s desk and automatically entered state law. The original bill passed the legislature in June and classified DFS as a game predominantly of …
San Francisco-based games developer Zynga appears to have emerged from its recent doldrums, reporting a vibrant Q2-2017 performance that includes best quarterly in the past four years, and continued record breaking numbers from mobile revenues. * Overall revenues up 15 percent y-o-y at $209.2 million and comfortably ahead of predictions; * Mobile revenue rose 30 …
Polish online bookmaker forBet has signed a two-year shirt sponsorship deal with top Ekstraklasa league football club Śląsk Wrocław. The agreement includes access to club fans via social media platforms, and advertising opportunities at the club’s stadium. Our readers may recall a similar deal concluded last month between Polish online sports betting operator STS and another …
That indefatigable supporter of online gambling, New Jersey Senator Ray Lesniak, has announced a new initiative that could see international online punters welcome to try their luck within the state borders via the internet. Although drafting has yet to commence, Lesniak plans to introduce legislation that will allow gamblers in foreign countries, as well as …
The Czech Ministry of Finance has unveiled 2016 statistics showing that the country’s overall gambling market delivered the local equivalent of US$1.78 billion in revenues in 2016, a 29 percent year-on-year increase achieved despite operator complaints of high taxation. The state’s take on these revenues rose 38 percent y-o-y to CZK 10.5 billion, the report …
On the back of a bleak full year fiscal report for the 12 months ending March 3 2017, president and director of Contagious Gaming, Sean Yeomans, has resigned. Yeomans will remain president of Contagious Gaming subsidiary Telos Entertainment but has opted to exit the other posts at Contagious for personal reasons, a company advisory reads. …
Playtech’s recent release ‘Hologram Wilds’ is a futuristic-themed 5-reel, 40-payline slot. The game features hologram-styled symbols and a host of features that include a hologram wild symbol which substitutes for all other symbols except the scatter. Landing five of these symbols on a payline can reward a 25x multiplier. A free games feature is triggered …
The newly re-branded The Stars Group (formerly Amaya Inc.) hosted the Prime Minister of Malta, The Honourable Joseph Muscat Friday when he opened the group’s new Spinola Bay offices, now home to employees from over 30 nations. The Stars Group’s current workforce in Malta stands at around 270 staff, having grown from just a handful …
Australian sports betting and horserace wagering operator TopBetta Holdings has been granted licensing by the UK Gambling Commission(UKGC). The licenses enable TopBetta to launch its retail business in the UK along with its Global Tote B2B platform. In additiion, the award enables the export of Australian racing into the UK markets strengthening prospects with British …
Online operations for H1-2017 at William Hill plc significantly outperformed the retail side of the business in terms of revenue growth, according to the company’s interim report released Wednesday. Online, which now accounts for 35 percent of group revenue, saw betting amounts go up 11 percent compared to just two percent in the group’s high …
Ladbrokes Coral has appointed Jason Scott as CEO of Ladbrokes Australia following his successful time in charge as interim CEO. Scott took over from Dean Shannon in February this year on an interim basis and will become the permanent CEO with immediate effect, according to a company statement Wednesday. He has been an integral part …
Microgaming has released its highly-anticipated Emoji-inspired slot title ‘EmotiCoins’ on desktop and mobile. The back story behind the development of this title stems back to a staff-powered innovation initiative, in which the idea was pitched by PR manager Anna McChesney and Rob Mercer who works in the Enterprise Solutions team at Microgaming. “It was amazing …
English professional association football club Sunderland AFC and Coral have partnered in the latest sponsorship. Under the terms of the deal, Coral will provide Sunderland’s Stadium of Light with a comprehensive match day betting service for every league and cup game throughout the 2017-18 season. In addition, Coral will gain a presence on Sunderland AFC’s …
Betsson Group has added a range of NOVOMATIC content following a deal with interactive division GreenTube. Betsson brands including betsson.com, casinoeuro.com and nordicbet.com will gain access to slots such as Book of Ra™ deluxe, Lucky Lady´s Charm™ deluxe, Sizzling Hot™ deluxe and many others. “Greentube is very excited to become part of Betsson’s amazing casino …
New Zealand’s new Racing minister David Bennet has wasted no time in bringing to reality a 2015 project designed to introduce a point-of-consumption tax on online gambling operators accessing Kiwi punters. The minister introduced an amendment to the 2003 Racing Act in parliament this week, although the actual tax rate was not included in the …