Sports wagering software and services specialist Metric Gaming LLC has been granted a remote operating license by the UK Gambling Commission, allowing Metric to continue providing its live betting  wagering software, products and services to the UK market. Metric’s license application was filed in response to the UK’s revised regulatory regime, requiring all gaming operators and software providers servicing the UK market …

UK business news sources have reported that London listed payments provider Optimal Payments is preparing a bid to buy competitor Skrill for reported €1.1 billion (estimated £810 million). Optimal Payments, which operates igaming payment services specialist Neteller, is looking to acquire Skrill in order to expand its digital services offering and certify its leading position within the high transaction online …

Private Equity firm HgCapital the owners of sports spread betting company Sporting Index Group, have reached an agreement for the sale of the business to an undisclosed private strategic investor. The acquisition of Sporting Index is required to pass regulatory approval before being finalised, as yet  the terms of the acquisition have not been disclosed by the participating parties. The …

GVC Holdings operating firm of Sportingbet, Casino Club and Betboo brands, reported its preliminary results for 2014, recording key growth in all top line performance metrics. In 2014 the operator had recorded increased player wagering which brought gross revenues up to €1.47 billion (FY 2013: €1.1 billion). The improved player wagering transferred to a 32% increase in net gaming revenues …

Asian gambling investment firm Melcolot Ltd has announced that it is in advanced stages to proceed with its Georgia casino project. The firm had outlined to November 2014 that it coveted opening a casino in Tbilisi, and that management had started to discuss terms with local officials. The news of the advanced staged discussions with the Georgian government have been …

UK focused online sports betting operator 666Bet has had its online gambling license temporarily suspended by the UK Gambling Commission (UKGC). This weekend 666Bet and its subsidiary online casino brand Metro Play placed their websites ‘Under Maintenance’, as the UKGC is set to carry out a review of the firm’s operations. The UKGC issued the below statement with regards to …

Paddy Power has informed Ireland’s Consumer & Competition Commission that it intends to purchase two more betting shops in North Dublin, adding to its existing Irish retail portfolio of +200 betting shops. Paddy Power retail management confirmed to the commission that it was in the process of acquiring independent bookmaker ‘Track Sports’ properties’ in Donabate and Swords North Dublin. The …

Toronto listed Amaya Gaming has confirmed that its online gambling subsidiary brands PokerStars and Full Tilt have been granted licenses from the UK Gambling Commission (UKGC), allowing for the operators to service online poker and additional digital gambling products to UK consumers. Both Amaya brands had serviced the UK market under a white-listed Isle of Man gambling licenses, prior to …

The Malta iGaming Seminar (MIGS15) partners have announced that MIGS15 will be held between the 17th and 19th of November in St. Julian’s. Speaking about his group’s plans for MIGS15, Kris Baron, Partner of Capstone Group, said: “MIGS15 will be bigger and better. We have planned to have double the amount of expo space and we’re adding an extra day, …

Private equity firm CVC Capital has confirmed the completion of its 80% acquisition stake of Sky Bet from BSkyB. CVC Capital confirmed that its £800 million has been cleared of all regulatory compliances, allowing for the deal to be finalised. Under the terms of the transaction, BskyB has received cash of £600m and a vendor loan note, and will be …