Ted Menmuir

Betfred expands trading arrangement with Betgenius

Betgenius has announced a ‘major coup’ for its sportsbook content and management services, after securing a ‘long-term trading partnership’ with UK  legacy bookmaker Betfred. The deal sees Betgenius trade in-play markets for major sports including the English Premier League, Football League and Scottish Premiership. Servicing a ‘five-year arrangement’, Betgenius will act as ‘primary in-play trading partner’ for Betfred, leading the bookmaker’s …

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GVC Holdings confirms Sportium JV disposal

FTSE100 GVC Holdings has this morning disclosed that it will sell its 50% stake in Spanish bookmaker Sportium to joint-venture partner Grupo CIRSA for €70 million. GVC secures its interest in Sportium, through its ownership of Ladbrokes, who in 2007 launched Sportium entering a 50/50 partnership with CIRSA. Last May, Spanish business news sources reported that CIRSA had filed a …

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Global Betfred secures Elite Casino US wagering commitment

UK bookmaker, Betfred has advanced its US-profile, confirming that it has secured a technology and operations arrangement servicing Elite Casino Resorts ‘Grand Falls’ Larchwood Iowa property. Subject to regulatory approval, Betfred will further act as lead wagering partner for Elite Casino Resorts, providing the US incumbent with full operational provisions for retail, online and mobile services. Betfred is currently partnered …

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Government to review National Lottery Games ‘age-of-play’ rules

Mims Davies Secretary for Sports and Civil Society has confirmed that the UK government will launch a consultation reviewing proposals to increase the minimum age-of-play on National Lottery scratchcards and instant win games. The government opens its consultation, seeking advice on whether to raise the age-of-play from16-to-18 on some or all National Lottery syndicated games and products. The Consultation is …

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Codere appoints ‘transformation pro’ Luis Sanchez Serrano to lead digitisation strategy

Bolsa Madrid gambling group Codere SA has confirmed the appointment of Luis Sanchez Serrano as new Corporate Director for Technology and Digitisation. A fresh face to the gambling sector, Sanchez Serrano is a 23-year veteran of the Spanish financial services industry, having led technology and innovation divisions for Liberbank, Bankinter and Banco Espirito Santo Portugal. Moving forward the executive will …

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Betmotion revamps LATAM proposition with Patagonia Entertainment

Legacy South American online bookmaker Betmotion has confirmed the successful migration of its online gambling verticals onto a new ‘mobile-first’ omni-channel platform powered by Patagonia Entertainment. Operating since 2009, Betmotion reveals that it has chosen Patagonia platform provisions to revamp its LATAM profile, delivering a seamless and adaptable operating system supporting multi-market expansion initiatives. Updating stakeholders, Betmotion’s COO Luis Traversa …

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GVC shows global depth countering UK retail realities

FTSE100 GVC Holdings Plc has this morning published its ‘post-close’ interim H1 2019 trading update, citing strong online growth as the company continues to adjust to UK FOBTs retail realities. Despite competing against a tough comparative period featuring World Cup 2018 trading, GVC maintained its digital momentum to record a group H1 2019 NGR of +17%, helping the firm to period …

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Kenyan government triggers nightmare scenario for bookmakers

A frantic 24 hours has seen Kenyan betting’s regulatory dispute intensify, as local news sources report that the government has demanded that national telecom operators instruct their users to withdraw all funds from their betting accounts. The strict order has been sanctioned by Liti Wambua, the acting director of the Kenyan Betting Control & Licensing Board (BCLB), who is reported …

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Champion Trio bolsters BetVictor’s racing stable

BetVictor announces a trio of racing figurehead appointments, welcoming Nicola Currie, Rachael Blackmore and Jamie Snowden as new brand ambassadors. The Gibraltar-based bookmaker moves to bolster its racing profile, as flat jockey champion Nicola Currie, National Hunt jockey Rachael Blackmore and leading UK trainer Jamie Snowden join its stable. As new ambassadors, the racing trio will play an integral part …

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‘Stats Perform’ lays out mission statement to disrupt global sports

A new era for global sports data, integrity and content rights has begun after leading US incumbent STATS completed its acquisition of rival Perform Group. Absorbing the Perform assets of OPTA, RunningBall and Watch&Bet, STATS confirms the formation of new business entity ‘Stats Perform’ seeking to become the outright global leader in sports data provisions. Last April, finance magnate Robert F Smith’s …

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