Basque Country operator Grupo Kirol operating firm of Kirolbet has moved to deny rumours that it will sell its flagship business to US private equity fund Blackstone Group. Yesterday afternoon, Spanish business news source El Confidencial reported that Blackstone had sanctioned a €100 million bid to acquire Kirolbet’s entire Basque Country gambling operations. The deal would see Blackstone expand its …
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The boardroom dispute impacting the future of Bolsa Madrid gambling group Codere SA has intensified as the enterprise founding Martinez Sampedro family places a Spanish Capital Markets Commission (CNMV) claim against US investor Silver Point Capital. The two-year dispute takes a further turn, on a matter which an embattled Codere governance outlined would be resolved at the firm’s ‘critical AGM’ scheduled …
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Championship football club Leeds United has confirmed that it has secured a two-year extension with Kindred Group Plc promoting the firms 32Red brand. Online bookmaker 32Red will serve as Leeds United official shirt sponsor for the Yorkshire club’s upcoming centenary season. The agreement sees 32Red continue its existing relationship Leeds United, first established in 2016. Leeds United Executive Director Paul …
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Moving to strengthen its B2B capacities, French state-owned gambling group Française des Jeux (FDJ) has acquired industry sports betting trading systems and software supplier Sporting Group. Issuing a market update, FDJ confirmed that its B2B subsidiary FDJ Gaming Solutions will move to take control of Sporting Solutions, expanding FDJ Group B2B sports betting B2B provisions. “This acquisition strengthens FDJ Gaming …
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FTSE100 gambling group GVC Holdings has this morning published its 2019 ‘Fair Play – Corporate Social Responsibility Report’ outlining the multiple changes governing the company’s long-term corporate sustainability objectives. In the report’s forward statement, GVC Independent Non-Executive Director Virginia McDowell acknowledges the new responsibilities demands placed on the company which now operates global gaming’s largest online gambling portfolio, employing 25,000 …
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bet365 has launched its Mexican market domain – bet365.mx – in partnership with ‘Ganador Azteca’, the gambling subsidiary of Mexican national broadcaster TV Azteca. The UK’s leading online bookmaker undertakes its Mexican market launch having secured a ‘partnership licence’ granted by Mexican Ministry of the Interior department ‘Dirección General de Juegos y Sorteos -DGJS’. The announcement sees bet365 partner with Mexico’s …
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NHS England Chief Executive Simon Stevens has stated that UK licensed betting operators should compulsory fund the treatment of problem gambling networks across the UK. Stevens is the latest UK public health figurehead to call for the government to implement a ‘mandatory levy’ on UK betting incumbents, stating that it would be unfair for taxpayers to ‘pick-up the huge tab for …
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William Hill Plc will significantly expand its Spanish market coverage and profile, as Spanish news reports that the FTSE bookmaker will sponsor seven La Liga 2 (Segunda) football clubs. This weekend, the management of UD Las Palmas and UD Almeria revealed that they had reached an agreement with the UK betting group becoming their lead betting partner for the upcoming …
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Hosting a press conference in Bratislava, Richard Lintner, Director General of Hockey Slovakia, has personally thanked bookmaker Tipsport for its support of the ‘pro-league’ during a crucial transitional period for the sport in Slovakia. Leading Slovak pro-hockey, Lintner announced that Hockey Slovakia had secured its most important commercial partnerships to date. Tipsport would remain as title sponsor of its ‘Slovenská …
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Brussels-based online gambling trade body, The European Gaming and Betting Association (EGBA), has warned Germany against implementing the payment processing blocking order sanctioned by the regional ministry of Lower Saxony. Last week, Boris Pistorius, Lower Saxony’s minister for home affairs and sports, ordered a cease-and-desist order against a “large, international payment service provider from participating in payment transactions in connection with …
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