Liam Machin

Lottoland granted licences to launch in South Africa

SBC News Lottoland granted licences to launch in South Africa

Online lottery operator Lottoland has been granted two licences by the Western Cape Gambling and Racing Board in South Africa. One of the licences is a bookmakers licence that enables the operator to offer fixed odds betting contingencies to South African customers. The second is a manufacturing licence, allowing Lottoland to develop and use the company’s own software for its …

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FIS breaks the bank with Worldpay $43 billion transaction

SBC News FIS breaks the bank with Worldpay $43 billion transaction

Fidelity National Information Services (FIS) has agreed to purchase global leading payment solutions provider Worldpay Inc for a reported $35 billion (debt not included) transaction, exemplifying the industry shift towards large scale consolidation. The deal will be biggest takeover to date in the payments industry, which will see FIS assume Worldpay’s debt obligations – bringing the total value of the …

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