Ladbrokes has been at the centre of takeover speculation this morning, following rumours of a potential £1.6 billion acquisition by rival Paddy Power. UK news source The Daily Mail had revealed the potential takeover bid by Paddy Power, which saw Ladbrokes Plc share price jump 5% to 127p (at time of writing). The takeover speculation had witnessed +25 million Ladbrokes …

William Hill management has withdrawn its online betting and gaming services from Romania, citing that the withdrawal was made due to recent regulatory developments within the market. On June 2 the operator had suspended all Romanian account activity on their digital platforms, William Hill has sent player communications advising customers to withdraw any funds and to clear balances with the …

Sky Betting and Gaming (Sky Bet) has confirmed the hire of Paddy Power Head of External Affairs Adam Smith, as the operators new Head of Corporate Communications. Smith is set to join the Sky Bet team in July, and will lead the operators corporate communication strategy and the company’s relationships with political, regulatory and media stakeholders. Smith who joins from …

Boylesports who have shown interest in acquiring Ladbrokes Ireland retail division out of examinership, has been granted leave by the Irish High Court to raise questions regarding the divisions performance. Boylesports has been permitted to serve short notice on Ladbroke Ireland Ltd; Ladbroke Leisure Ireland Ltd; Dara Properties Ltd by Ms Justice Mary Faherty. The operator has further been granted …

The Slot Summit has released an updated agenda, packed full of stellar speakers, for next week’s event in Bucharest, Romania, and has unveiled Playtech as a Platinum Sponsor. Romanian Gaming Commission President Odeta Nestor, Gaming Standards Association Protocol Director Ethan Tower, Steelman Partners Europe General Manager Aleksey Belinskiy and Paul Mettam, Casino Marketing Director at London’s Hippodrome Casino, have all …

Chicago based fantasy sports start-up SportsLock has confirmed that it has secured $5 million in Series A funding. The start-up founded by Ross Keral (CEO) and Todd Heyden (CRO), enters the burgeoning US fantasy sports market labelling itself as the ‘Customizable fantasy sports experience’. SportsLock is aiming to establish itself as the leader in head to head tournament fantasy sports play, …

A major update by the Spanish gambling regulator, La Dirección General de Ordenación del Juego (DGOJ), has seen the awarding of 10 new operator licenses for entry into the Spanish regulated market The DGOJ confirmed that European companies Eurobet, Merkur Interactive, SKS365 and Net Ent were amongst the operators and service providers granted license approval for market entry. The update …

Sportradar has confirmed an feed partnership with California based online sports broadcaster The Tennis Channel The Tennis Channel will implement Sportradar Media Service’s XML feed for tennis on their website www.tennischannel.com. Tennis Channel has telecast rights to the US Open, Wimbledon, Roland Garros (French Open) as well as the Australian Open and many more. The one year contract is valid from the 1st of …

UK newspaper, The Daily Telegraph has reported that bwin.party CEO Norbert Teufelberger could cash in up to €24 million (£17 million) on the sale of the company to its interested suitors. The newspaper has reported that Teufelberger holds a reported 13 million shares in bwin.party plc stock, with a further 9.2 million in company share options. According to the Daily …

Austrian bookmaker SKS365 Group GmbH has announced that it will target a Spanish online betting and gaming product within four months, having been awarded its Spanish igaming operating license. SKS365 Group, the owner of the international sports betting and gaming brand planetwin365, confirmed that it had  formally received Spanish national online licenses for betting and gaming operations, which are effective …