Ted Menmuir

Sportech recovery driven by operational efficiencies

The governance of London-listed Sportech Plc has detailed confidence in the firm’s performance and future prospects as 2019 trading is forecasted to surpass ‘adjusted EBITDA expectations’. Updating investors, Sportech governance details that the company has benefited from ‘operational efficiencies’ implemented across the firm’s business channels, forming part of Sportech’s wider group transformation programme. During the course of 2019, the racing …

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Winning Post – US regulation… Are we California Dreamin?

Industry strategic consultancy Regulus Partners examines a week of tribal movements on Californian wagering legislations, and potential impacts on how the US’ biggest and richest state will move to implement its sports betting frameworks… Last week a group of 18 Indian tribes in California, including some of the most powerful, moved to put sports betting on the ballot of the 2020 …

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High stakes and drama anticipated for National Lottery 2020 tender

2020 will see a battle of titanic egos and high stakes take place, as the UK Gambling Commission (UKGC) launches its tender to operate the fourth National Lottery contract from 2023. Monitoring early developments, UK media has branded the National Lottery tender as one of 2020’s most intriguing business narratives, as incumbent Camelot defends its position against hostile competitors seeking …

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Azteca arrangement sees Addison launch MoPlay Mexican profile

Gibraltar-based Addison Global is set to launch its flagship MoPlay mobile sportsbook within Mexico’s burgeoning sports betting market in partnership with TV Azteca. Updating stakeholders, Addison governance details that it has secured a strategic business arrangement with the TV broadcaster’s ‘Ganador Azteca’ gambling subsidiary, which allows MoPlay to launch its Mexican online betting services. The agreement allows Addison to fulfil …

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Conservative manifesto brands Gambling Act as analogue

Mirroring Labour and Lib-Dem pledges, the Conservative Party states that it will sanction a review of the Gambling Act after publishing its ‘Get Brexit Done – Unleash Britain’s Potential’ General Election 2019 manifesto. Speaking in Telford (Shropshire) this Sunday, PM Boris Johnson presented the 60-page document outlining how the Conservative government would ‘forge a new Britain’ outside of EU restraints. …

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Skrill launches ‘Knect’ next-level rewards programme

Skrill has launched its ‘Knect’ customer loyalty programme including the most comprehensive rewards scheme for modern digital consumers and merchants. The Paysafe Group subsidiary details that its new Knect programme has been developed to reward customer loyalty with Skrill partners by providing players with further value on their payment transactions. The Knect programme allows Skrill customers to earn points for using …

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Playtech leads ‘omni upgrade’ of Wplay Colombia

Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …

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Mariam Pashinyan: Digitain – Yerevan ‘DigiTown’ to nurture Armenia’s top talent

This October, industry platform and systems provider Digitain announced that it would establish its ‘DigiTown’ enterprise hub in its hometown of Yerevan Armenia. Digitain market research lead Mariam Pashinyan details to SBC the importance of the start-up directive to help Armenia nurture its fast growth tech and IT sectors. ________________ SBC: Hi Mariam, can you detail to SBC readers the …

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Singular aims to dominate in-play trends by launching new sportsbook

Industry bespoke systems provider Singular will launch and showcase its new ‘4th generation’ proprietary sportsbook platform at next week’s SIGMA Malta conference (27-29 November). A key product launch for 2020, Singular has developed its platform to optimise client performance when engaging with players in in-play environments. In its product notes, Singular details that its revamped sportsbook provisions will allow for …

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Playtech points to ‘strong core’ as TradeTech struggles

Publishing its latest year-to-date trading update, the governance of Playtech Plc has disclosed that full-year adjusted EBITDA will be below market consensus, despite the firm’s ‘core business’ segments continuing to perform strongly. The FTSE250 technology group attributes its earnings slowdown to financial unit ‘TradeTech’, which expects 2019 results to be ‘well below management expectations’. Updating investors, Playtech governance informs that …

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