Christmas came early for one BetVictor customer after he used the Cash Out feature on a 7-fold accumulator and won just shy of £40,000 from a bet of 20 pence. What is more is that the game on which he chose to cash out would have lost the bet, with Villa going on to lose to Newcastle. The punter is in …

Netplay TV has asked for its shares to be suspended on the AIM after an announcement that it was considering a reverse takeover of the Sportech owned football pools business estimated to be worth around £100m. The football pools, formerly the backbone of the gambling industry in the UK, still attracts 300,000 weekly players though this is down from 10m at …

Virtual games provider Kiron Interactive has agreed a deal with Mediatech to launch its virtual sports products via the company’s platform IRIS. The arrangement will see Kiron’s gaming portfolio rolled out to sports betting and casino clients of Mediatech. Kiron will use its recently launched Betman Online RGS solution to offer these clients its full virtual suite of games. Daniel Graetzer, …

Caledonia Investments plc has announced that it has completed the purchase of the UK’s largest retail bingo operator, Gala Bingo, from Gala Coral Group. Caledonia acquired 130 Gala Bingo clubs for a fee of £241m. Gala Bingo was formed in 1991 and currently holds a 38% share of the retail bingo UK market. It’ll continue to trade under the Gala brand …

Swedish gaming company Cherry has completed a double swoop and acquired 100% of the shares in Moorgate Media Ltd and gaming site NorgesSpill.com. Under the terms of the arrangement Cherry have gained the entirety of shares in NorgesSpill, including its domain and customer database. In regard to the Moorgate Media deal, the company owns affiliate license agreements in cooperation with …

The authorities in Sri Lanka are currently investigating an attempt to fix an international cricket match between the Sri Lankan national side and the West Indies. As reported by BBC News Dayasiri Jayasekera, the Sri Lankan Sports Minister, said that a suspected bookmaker had approached two players in the Sri Lankan national team in a bid to convince them to …

Former LA Lakers forward and NBA star Rick Fox has bought eSports League of Legends team Gravity. Gravity was only formed in January 2015 but will now enter future League of Legends tournaments under the new name of Echo Fox.   League of Legends is amongst the most popular titles in competitive gaming, though competition is set to become increasingly tight with major …

Fifa’s ethics committee has banned both Sepp Blatter and Michel Platini for a period of eight years from ‘all football-related activity.’  The bans, which commence immediately, are in response to a payment made by Blatter to Platini in 2011. The amount was a reported two million swiss francs (£1.3m), and is also the subject of a criminal investigation by Swiss …

A partnership between global gaming company Intralot and Acumen Communications Ltd (ACL) has produced mCHEZA. This is the latest company to be launched in the expanding sports betting industry in Kenya. At the official launch in the capital city of Nairobi, a company spokesperson stated: “mCHEZA is a simple, fun and interactive platform on which fans can put their money on football …

After getting the go ahead from the Lithuanian Competition Council, Olympic Entertainment Group (OEG) has announced the completion of the acquisition of sports-betting operator UAB Orakulas. OEG acquired 100% of shares in the firm, and this notably increases its stake in the overall gambling sector in the country. OEG now owns 35 betting shops and 18 casinos throughout Lithuania. Twelve …