Representatives of Playtech enterprise founder Teddy Sagi, have today disclosed that the Israeli billionaire has sold his entire remaining shareholding in the FTSE250 technology group. The family office of Teddy Sagi informs that personal investment fund ‘Brickington Trading Ltd’ has approved the sale of 15,193,489 shares in Playtech Plc targeting a £85-90 million transaction, administrated by Credit Suisse Securities. Updating the media, Sagi …

Professional darts association the PDC, has confirmed Betfred as the ‘official title sponsor’ for its ‘PDC World Matchplay’ tournament. Held every July at the Winter Gardens in Blackpool (Lancashire), the World Matchplay tournament is the PDC’s second longest running pro darts event (first staged 1994) Confirming Betfred as title sponsor for the next three years, the PDC states that from …

Industry affiliate marketing network Better Collective has closed its first interim trading period as a Stockholm-listed enterprise, eyeing significant ‘future growth opportunities’ within the online gambling marketplace. Publishing its Q3 2018 trading statement (period ending 30 September), Better Collective detailed accelerated network growth, recording a 68% year-to-date revenue increase of €28 million (YTD2017: €17m). Better Collective’s expanding network achieved a corporate milestone …

Celebrating its fifteenth year in business within the Turkish betting and lotteries market, Athens-listed gaming and lottery systems provider Intralot SPA has announced a major investment plan in strategic asset – INTELTEK. Issuing a market update, Intralot governance confirms that it has begun development on an ‘INTELTEK – Global Research & Technology Development Centre which will be housed in Turkey, supporting …

BetBright has announced that it will boost its online casino personalisation and behavioural learning capabilities by integrating ConversionBet software within its proprietary platform. Partnering with Middlesbrough-based ConversionBet, BetBright seeks to better understand its customer journeys, selections and engagements taking place across its casino inventory. Customised for online gambling incumbents, ConversionBet software is developed on the ethos that ‘every click represents …

Werner Becher long-term Chief Executive of DACH markets betting group Interwetten Sports (Interwetten.com) has confirmed his leadership departure via a LinkedIn post. “Today I informed Interwetten employees today that I will step down as CEO at the end of 2018.” Becher’s Linkedin update. A seasoned European IT and media executive, Becher has led Interwetten since 2011, converting the sportsbook into …

FTSE100 gambling group GVC Holdings has expanded its profile within the Australian online betting scene after acquiring Neds International (Neds – neds.com.au) for an initial sum of AUS $68 million (£37 million).  A relatively new entrant within the Australian online betting scene, having launched in 2017, Neds has established itself as a dynamic incumbent achieving reported wagers of AUS $1 billion …

The All-in Diversity Project (All-in), an industry non-profit organisation promoting workplace diversity and inclusivity within global gambling, has published its first ‘All-in Index’ report, detailing insights on the sector’s workforce make-up and dynamics. The All-in Index is supported by Oxford Brookes University’s ‘Centre for Diversity Policy Research & Practice’, with the aim of developing the industry’s leading on-going knowledge and …

Nigel Birrell, Chief Executive of Lottoland, has published an official statement following the High Court of England & Wales’ rejection of the combined ‘EuroMillions appeal’ against DCMS and its interested parties – the UKGC and National Lottery operator Camelot UK. This week, Lord Justice Green and Justice Gross rejected Lottoland and Multi Lotto UK’s February High Court appeal seeking to annul DCMS approved ‘Gambling …

Nigerian bookmaker Fortune Bets has enhanced its betting shop retail dynamics fully launching Vermantia’s premium content ‘Ultimate Live Greyhound Channel’. One of Nigeria’s fastest growing bookmakers, Fortune Bets boosts its in-store betting capacity securing comprehensive coverage of more than 40,000 greyhound races per year from countries including the United Kingdom, United States, and Australia. Moving forward, Fortune Bets retail portfolio …