The failure of the GBP 3.4 billion 888-Rank acquisition bid for William Hill plc (see previous reports) has triggered a wave of speculation in the UK media over the weekend, with analysts suggesting that the next suitor for the online and land gambling group could be private equity giant CVC Capital Partners. Observers point out …
Australian media reports over the weekend indicate that an enforcement clampdown in Australia is likely to follow the imminent publication of tough new federal laws. Sources have revealed to the press that the new laws will include action against unlicensed offshore betting companies accessing Aussie punters, along with disruption to financial transactions. Licensed companies will …
UltraPlay has announced that two more operators have opted to use its Playfinity platform – gg.bet and esp777.com. Europe-facing gg.bet and Asian-focused esp777.com are eSports oriented websites and will be using the company’s eSports data feed to offer betting on 17 different eSports titles. UltraPlay marketing manager Mario Ovcharov said in a statement: “I am …
A decade after its launch back in 2006, online gambling operator PKR has announced an addition to its player attractions; live dealer casino gaming powered by Evolution Gaming and accessible via desktop and mobile. PKR Live Casino offers a selection of 6 games including Live Blackjack, Live Roulette and Live Casino Hold’em. A statement from …
A Cheltenham-themed online betting comparison and racing news company in the UK has been ordered to hand over its domain name by the official web watchdog Nominet following a complaint by Jockey Club Racecourses Ltd, the organisers of the famous Cheltenham Festival racing. The complainant said that the Cheltenham brand had been used in the …
The police in Taichung, a municipality located in central-western Taiwan, report busting an online gambling ring masquerading as a high-tech cloud computing company. In the raid, 56 suspects were detained for questioning; including a 37-year-old woman surnamed Lin, whom investigators said was the leader of the operation, which catered mainly to Chinese punters in China …
Russia has a new legal gambling region in Krasnaya Polyana following the signed approval of a resolution by prime minister Dmitry Medvedev. The activity will be centred in Sochi, a seaside resort and scene of a recent Olympics sports festival. The Russian news agency TASS reports that the resolution was signed August 10 and has …
English Premier League football club West Bromwich Albion has named the Coral betting group as it official European betting partner in a three-year agreement that gives the gambling company branding opportunities at The Hawthorns stadium, along with pitch side and interview backdrop visibility. Coral is to introduce online and mobile betting services for club fans, …
The Australian publicly listed online betting operator TopBetta has raised A$2.6 million in a new funding drive share placement taken up by institutional investors. 14.5 million shares were placed at A$0.18, and the new capital will be used deploy marketing in order to grow the company’s player base in an “aggressive” strategy. CEO and founder …
Leo Vegas mobile casino has made two live dealer announcements this week with new mobile games from Authentic and NetEnt Live Casino. The Authentic Roulette is streamed live from a prestigious land casino in the Italian Alps, the Saint Vincent Resort and Casino, where online players can join physical patrons around real tables, streamed in …
The dismantling of Philweb following Philippines President Rodrigo Duterte’s initiative against online gambling has triggered speculation that another company involved in the sector, Leisure and Resorts, could be endangered by the purge, according to a report in the business news publication Bloomberg. There are indications that this possibility is of concern to the investment community; …
David Einhorn, a successful entrepreneur, hedge fund manager and tough poker player has bought almost 4 million shares in Pokerstars parent the Amaya group at an average cost of US$13.77 per share, the investment publication The Motley Fool reports. The report notes that Einhorn’s Greenlight Capital fund may have lost 20 percent last year in …
The Macau Daily Times reported Friday that the recognition of eSports as a sport has been rejected by the Macau Sports Administration Bureau and is currently not on the organisation’s horizon. The Bureau responded to an enquiry by the publication, saying that it must consider the development, acceptability and suitability of different sports in society. …
The chief executives of 888 Holdings and Rank plc issued a statement Thursday afternoon advising the market that they have abandoned their pursuit of a merger with William Hill plc and have withdrawn their offers. The statement follows the rejection last weekend by the directors of William Hill of a second offer from the two …
Pagcor chief says the issue is not Ongpin’s ownership of Philweb, but President Duterte’s stand against online gambling. Fomer Philweb chairman Roberto Ongpin’s offer to donate his majority shareholding in the company to Pagcor (see previous reports) has been spurned by Pagcor chief Andrea Domingo, according to reports Thursday in Philippines media. Domingo confirmed to …
High profile mobile casino operator Leo Vegas launches a major television drive today (Thursday) with the content celebrating the play found in everyday situations. Developed by the Now advertising agency, the material will feature the lion caricature that has been used extensively in the company’s branding work Shenaly Amin, UK country manager at LeoVegas, said: …
Seaniemac, an over-the-counter US penny stock company which entered the online casino sector in 2013, attracted the negative attention of the mainstream Independent newspaper this week as it attempted to raise new capital. The newspaper noted that since the company launched in 2013 under the management of Sean McEniff, son of a successful Irish hotelier, …
The Norwegian Gaming Innovation Group, which operates online gambling sites, has reported record Q2-2016 results with positive growth in both revenue and EBITDA. Highlights of the report include: * Operating revenue up year-on-year 23 percent at Euro 9.7 million; * Gross margin up a percentage point at 85 percent; * EBITDA positive at Euro 0.96 …
Following a strong performance by its digital operations in fiscal 2015-2016, Australian betting group Tatts is to focus on the faster enhancement of the channel to offset disappointing results in other divisions of the company. On Thursday Tatts reported a 7.2 percent fall in annual profit for 2015/16 to A$233.8 million, adversely affected by long-running …
Asia-facing online bookmaker FUN88 has announced a two-year partnership deal which sees it become the Asia and Latin America official betting partner of English Premier League football team Tottenham Hotspur. The deal is the second involving the sports betting operator, which was shirt sponsor for Burnley FC throughout the 2014/15 Premier League season. FUN88 joins …
Online sportsbook Tempobet has penned a deal to become a partner of newly-promoted Middlesbrough Football Club in the English Premier League. The agreement, which sees Tempobet appointed as Official Betting Partner of the club, will allow the use of the North East club’s crest on the Tempobet website, give the company access to advertising at …
Data management and analytics platform services provider Cloudera has partnered Sky Bet for the delivery of real-time services and targeted promotions for its gaming customers and sports punters. Sky Bet anticipates the services will improve the user experience, differentiate the brand in a crowded sector and increase revenues. “Promotions are massively important to our customers, …
NYX Gaming-owned development studio NextGen Gaming has given its Irish-themed Emerald Isle title’s graphics and animations a “modern refresh”. The title will relaunch across NYX OGS next week. A demo can be accessed here:
Ladbrokes Australia has launched a new ad campaign carrying the strapline “Up for the Challenge”. The campaign was created by Ladbrokes’ lead creative agency Saatchi & Saatchi Australia who said they wanted to move Ladbrokes branding away from the ‘laddie’ led messaging that has dominated industry marketing, and give the betting operator a more mature …