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Sagi To Float SafeCharge on AIM

SBC News Sagi To Float SafeCharge on AIM

Playtech Founder Teddy Sagi is set to IPO another of his business ventures – online payment provider SafeCharge. Sagi  is the main shareholder of the payment provider with 90% of the company’s shareholding. SafeCharge is set to offer its initial IPO on the London Alternative Investment Market (AIM), with a view of raising $100m in new equity for future acquisitions, …

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Knowledge is top of the agenda at May’s Japan Gaming Congress

SBC News Knowledge is top of the agenda at May's Japan Gaming Congress

Japan is set to benefit from the inflow of international expertise at May’s Japan Gaming Congress (JgC), according to Takashi Kiso, CEO of the Japan based International Casino Institute. Talking two months ahead of the inaugural JgC he confirmed: “For the emerging market to be successful, I think it is very important to obtain the knowledge from countries in which …

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Peter Rigby Joins Betfair Board of Directors

SBC News Peter Rigby Joins Betfair Board of Directors

Betfair has announced the appointment of former Informa Plc CEO Peter Rigby to its Board of Directors, Rigby is set to replace long standing directors Mike McTighe and Fru Hazlitt who have stepped down from the board. Rigby joins Betfair having left his position of CEO at academic publishing and conferencing business Informa plc. He will serve as a non-executive …

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Matthew Tripp Acquires Betezy

SBC News Matthew Tripp Acquires Betezy

Business man Matthew Tripp, ex owner of Australian focused sports betting operator Sportsbet.com.au will re-enter the Australian sports betting market. Having just finished his non-compete clause from the sale of Sportsbet.com.au to Irish sports betting operator Paddy Power, Tripp has quietly acquired  embattled operator Betezy for a reported sum of AUS $10 million (£5.42 million) The acquisition of Betezy.com.au, will …

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House of Lords Amendments to Help UK Horse Racing

SBC News House of Lords Amendments to Help UK Horse Racing

Lord Gardiner of Kimble supported amendments to UK Gambling Bill focusing on licensing and advertising, which he believes will aid further support for UK horseracing. The peer of the House of Lords, raised concerns that foreign operated bookmakers targeting UK customers were excluded from compensations to the UK Horseracing Betting Levy Board (HBLB), who make grants to support the sport. Furthermore …

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Tournaments Feature Added to Plumbee Mirrorball Slots

SBC News Tournaments Feature Added to Plumbee Mirrorball Slots

London Social gaming developer Plumbee today announced the launch of its tournaments feature in the hit game Mirrorball Slots on the Facebook Platform. Tournaments are a feature that has proven highly successful across the industry and Plumbee has recognized the potential and built its own version. With a definite “Sporty” and competitive feel to it, the new tournament lobby allows …

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Canbet Closes Leaving Customers Out of Pocket

SBC News Canbet Closes Leaving Customers Out of Pocket

Peter Lord, director of Australian sports betting operator Canbet, which has terminated its operations leaving customers from Australia, UK, India and Eastern Europe short changed,has said the operator is currently working on a solution to refund customers. Australian news source  abc.net.au reports that the operator owes more than AUS $1 million to customers. Lord further stated that Canbet operations would …

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Done Blasts Man Utd Glazers

SBC News Done Blasts Man Utd Glazers

Betfred founder Fred Done blasted Manchester United football club owners the Glazer family, over the management of the  2012/2013 English Premier League champions. Done (71) a lifelong Manchester United FC supporter, condemned the ownership of the Club by the American Glazer family in an interview published in the Manchester Evening News on Sunday 9th of March. Speaking in an hour …

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Why Paddy Power’s Pistorius Campaign Harms All

The public and media backlash over the Paddy Power Oscar Pistorius Money Back Campaign, could not have come at a worse time for all UK gambling operators. Only this week The House of Lords has been debating further and more stringent advertising regulation of the sector. Furthermore gambling operators are being attacked daily by media commentators and politicians. Put simply …

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