Ladbrokes Irish retail business restructure has come under fire, following complaints of ‘derisory’ compensation for landlords of closed retail premises. A group of Irish landlords is set to join forces and challenge Ladbrokes retail closure terms, claiming that the operator should pay a higher fee for terminating its lease agreements. Following last month’s review of its loss making Irish retail …
Read More »Ted Menmuir
Romanian Liga secures data partnership with Sportradar
The Romanian Professional Football League (Liga Profesionistă de Fotbal; LPF) has secured a sports data partnership with Sportradar, Under the agreement, Sportradar will be granted the right to collect, archive and distribute data to the media and betting industry until the end of the 2017/18 season. Sportradar will collect data for all Liga I and Cupa Ligii competitions and thereby …
Read More »Mansion gains UKGC operating licence
European igaming operator Mansion Holdings Ltd, has been granted a Remote Gambling Software licence, by the UK Gambling Commission (UKGC). The licence issued from UKGC will enable Mansion to continue to serve and further strengthen its online casino customer base in the UK, currently spanning five casino brands; Casino.com; Club777.com, LesACasino.com; MansionCasino.com and SlotsHeaven.com. This also ensures that Mansion Group’s …
Read More »Sweden, Italy & Australia backed as early Eurovision favourites
This Saturday 23 May, the Vienna Wiener Stadthalle arena will host the 60th edition of Eurovision, the world’s largest international song contest. 27 of Europe’s pop talents will compete to win the song contest awarded to Austrian drag queen sensation Conchita Wurst in 2014. Eurovision heavyweights Sweden have been placed as early favourites with entry Mans Zelmerlow ‘Heros’ leading bookmaker’s …
Read More »Ladbrokes rolls out full ‘cash-out’ functionality launch
Ladbrokes has announced the full roll-out of its ‘cash-out’ function following its successful trial period in April. The bookmaker had tested the product on its accumulator ‘My-Accas’ products during the month of April, allowing for customer to cash-out early priced winning on their accumulator bets. The operator revealed that more than 25,000 of its customers had used the cash-out function …
Read More »12BET re-launches European & UK sportsbook product
Having confirmed its re-entry into the UK sports betting market, Asian handicap sports betting specialist 12BET has announced the re-launch of its new European and UK sportsbook product. 12BET will remain in-play football betting specialists, with over 6000 live football events each month, an average of 60 markets per event and a host of 5 minute mini markets. 12BET will …
Read More »888 joins bwin.party acquisition race
UK business news sources have reported that 888 Holdings are preparing a £1 billion takeover of igaming and sports betting operator bwin.party. The news, follows last Friday’s media conformation by rival operator GVC Holdings of its acquisition interest in purchasing bwin.party entertainment in its entirety. The 888 bid would likely be treated as a reverse takeover as bwin.party has a …
Read More »CIRSA secures new €500 million bond
Spanish gambling operator Grupo CIRSA has completed a bond issue worth €500 million over an extended eight year period (2023). CIRSA governance confirmed that its new bond issue and restructure was led by Deutsche Bank, who have raised the bond capital from European and American investment funds. With CIRSA gaining approval on its new bond issuance, the company will cancel …
Read More »Maxymiser boosts product extensions with 9.1 update
Digital marketing and user engagement/optimisation specialist Maxymiser, has announced a set of further extensions to its optimisation suite with update 9.1 which its hopes will boost the performance of its igaming and sports client portfolio which includes operators Paddy Power, Camelot, iGame, bwin and Betfair Maxymiser 9.1 includes new features that empower marketers to easily personalise customer experiences and also …
Read More »GVC Holdings confirms acquisition bid for entire bwin.party assets
Online gambling investment firm GVC Holdings has confirmed to the media, that it has submitted a proposal for the acquisition of bwin.party entertainment in its entirety. GVC Holdings this morning released a short corporate statement confirming its actions and interests with regards to bwin.party. A bwin.party counter statement would confirm the interest of GVC’s acquisition proposal, and would further state …
Read More »