Ted Menmuir

GTECH clears all preconditions for IGT 7th April merger

SBC News GTECH clears all preconditions for IGT 7th April merger

GTECH SpA governance has announced that the company has cleared all preconditions for its merger with International Game Technology (IGT). GTECH will now be able to complete its merger with IGT operations, following its $6.4 billion acquisition which was first announced in July 2014. The merger of the two gambling technology companies is set to become effective on Tuesday 7 …

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NetEnt gains UKGC operating and software licenses

SBC News NetEnt gains UKGC operating and software licenses

Net Entertainment (NetEnt), supplier and developer of online gaming solutions and games, has been granted its licenses to operate on the UK market from the UK Gambling Commission (UKGC). Following an extensive licensing process, NetEnt announced that it has been granted both the operating and software licenses for the UK market by the UKGC. Since new regulation was introduced in …

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France-Pari posts first ever earnings and profits

SBC News France-Pari posts first ever earnings and profits

French licensed sports betting operator France-Pari has declared its first ever profits, as the operator posted EBITDA earnings of €500,000 (FY 2013: -€200,000). The operator’s positive EBITDA performance transferred to net profits of €300,000, compared to the €700,000 in operational earnings loss posted in 2013 Company governance stated that the turnaround to positive earnings results had been driven by growth …

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Telenor Serbia integrates Sportradar data services

SBC News Telenor Serbia integrates Sportradar data services

Sports data and insight company Sportradar has  announced the successful integration of its Live Score mobile application and its Live Sports Centre solution into the digital mobile offer of Telenor Serbia. With the integration of the Sportradar products, Telenor’s customers will gain access to comprehensive live scores service in the market, covering more than 550 leagues and tournaments across more …

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Skrill completes acquisition of Ukash

SBC News Skrill completes acquisition of Ukash

Online payment provider Skrill Group today announces that it has completed its acquisition of  competitor Ukash.  The acquisition deal was first announced in November 2014 and will aim to extend the scale and reach of Skrill Group’s paysafecard, further enhancing its position in the European online payments market. The completion of it acquisition of Ukash operations comes after last month’s …

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Amaya Gaming eyes fantasy sports entry in 2015

During yesterday’s 2014 earnings call Amaya Gaming CEO David Baazov indicated that the company was exploring entry into the burgeoning US fantasy sports market. Baazov indicated that Amaya views a great cross over fit between Poker and daily fantasy sports consumers. Baazov stated that the company would look to launch fantasy sports operations by the second half of 2015, targeting …

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UK jockeys allowed to wear individual betting sponsorship

The Board of the British Horseracing Authority (BHA) has approved a proposal from the Professional Jockeys Association (PJA) that the Code of Conduct regarding sponsorship of professional jockeys by bookmakers should be relaxed, on a trial basis. Betting operators will now be permitted to sponsor individual jockeys, as opposed to the previous regulation which only permitted sponsorship agreements involving 50 …

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Five start-ups selected to pitch at GiGse Launchpad

The five finalists have been unveiled for the highly anticipated GiGse Totally Gaming Start-Up LaunchPad competition, in partnership with GamCrowd. Leetcoin, Betzapp, Tapcentive, numberFire and L2W will take to the stage to pitch their concepts to GiGse attendees and an expert panel of judges who will test the candidates with a series of searching questions after their presentations. Leetcoin is …

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PokerStars powers Amaya Gaming’s 2014 corporate performance

SBC News PokerStars powers Amaya Gaming's 2014 corporate performance

Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …

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