Ted Menmuir

Catena restructures board as Optimizer Invest decreases shareholding

The governance of Stockholm-listed industry affiliate marketing network Catena Media has confirmed that it will put forward the appointments of Göran Blomberg and Per Widerström as new members of the board, to be voted on at the firm’s upcoming AGM scheduled for 2 May 2019. Issuing a corporate filing, Catena governance discloses that Optimizer Invest senior partners Henrik Persson Ekdahl …

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Mims Davies signals end of Under-18s gambling

Mims Davies, UK Minister for Sports & Civil Society (DCMS), has detailed that the National Lottery will have to make adjustments, as the government continues to push for higher standards across all UK gambling disciplines. Speaking to the Commons ‘House Magazine’, Davies has stated that she seeks to terminate all current forms of under-18s wagering/betting. The Minister for Sports, seeks …

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Maltco Malta tasks Vermantia with delivering bespoke racing channel

Vermantia specialist in immersive gaming/betting content has announced that it will expand its live horse racing channel within Malta, securing a partnership with Maltco Lotteries, operator of Malta’s largest retail network. The partnership will see Vermantia develop and deliver a bespoke channel for Maltco properties, featuring round-the-clock coverage of races from the UK, US, Australia, India and South Africa. Vermantia secures …

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Andrew Thomas ends tenure as Playtech advisor

Further to publishing its full-year 2018 results, yesterday FTSE250 gambling technology group Playtech Plc confirmed the departure of Andrew Thomas as a corporate Independent Non-Executive Director. A seasoned executive in corporate financing, taxation and UK leisure/entertainment commercial enterprise, Thomas has served as a Playtech governance advisor since 2012. During his tenure as a Playtech Non-Executive Director, Thomas chaired the FTSE …

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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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GambleAware launches high impact ‘Bet Regret’ campaign

GambleAware has announced the launch of its latest gambling-harm awareness campaign – ‘Bet Regret’ – aiming to raise public awareness of betting triggers and impulsive behaviours. Seeking maximum impact, the Bet Regret campaign will be launched during Sky Sports’ broadcast of Manchester United vs Liverpool FC on Sunday 24th February, a match which is expected to generate the highest TV audience for the …

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SportPesa denies €80 million Kenya player winnings tax dispute

Business Daily Africa has reported that the Kenyan Revenue Authority (KRA) has placed a demand for a minimum KSH 10.3 billion (€80m) on market-leading bookmaker SportPesa, attached to backdated taxes spanning a period of three-years. The KRA tax charge has been filed against SportPesa’s private entity ‘Pevans East Africa’, stating that the betting group had withheld taxes that should have …

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EGBA – Lotteritilsynet punitive actions prove that Norway needs gambling reform

The executive of pan-national industry trade body – the ‘European Gaming & Betting Association – EGBA’, has accused Norway’s gambling authority Lotteritilsynet of regulatory over-reach for demanding that national banks block payments deemed to correspond with online gambling transactions. EGBA governance reacts to weekend news reports that Lotteritilsynet is actively targeting the restriction of payments of six Malta MGA licensed operators …

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JenningsBet selects FSB to drive digital revamp

Independent bookmaker JenningsBet has confirmed that it will re-launch its online betting property utilising FSB Tech platform provisions, as the legacy bookmaker emphasises accelerating its digital profile within a much changed UK betting landscape. JenningsBet confirms that it has selected FSB as its lead platform supplier moving to revamp its digital sportsbook property with reactive in-play odds, comprehensive pricing modules and …

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