London AIM-listed Gaming Realms Plc has confirmed that it will sell 70% of its UK B2C division to Norwegian online gambling investment firm River iGaming for £23 million consideration.  Confirming the transaction, Gaming Realms governance is set to divest its B2C brands of Spin Genie, Pocket Fruity and the ITV syndicated Britain’s Got Talent and XFactor Games. Updating investors, Gaming …

Updating the market, Toronto TSX-listed The Stars Goup Inc completes a busy week in which the company has successfully executed its public share offering raising $622 million in capital for its acquisition of Sky Betting & Gaming (Sky Bet). Last week, the Stars Group governance alerted investors that it would proceed with a new public share offering selling a combined …

Industry-independent watchdog The Senet Group has confirmed the appointment of Sarah Hanratty as new Chief Executive, replacing former incumbent George Kidd who announced his leadership departure last May. Hanratty who will take leadership on 6 August 2018, joins the Senet Group from UK alcohol standards association The Portman Group, where she most recently served as Deputy Chief Executive & Director …

Gambling harm research and education body The Responsible Gambling Strategy Board (RGSB) has published its UKGC commissioned study – ‘Gambling, children and young people: A case for action’. The study seeks to inform the UKGC and further government stakeholders on the UK’s ‘young persons’ (under the age 18) gambling trends, exposure and personal safety. Furthermore, the RGSB recommends its appropriate …

French online gambling group Betclic has confirmed that it intends to hire an additional 100 new employees for its new Bordeaux headquarters. Under the leadership of new Chief Executive Nicolas Béraud, the legacy French online gambling firm has restructured its operations, relocating its head office from Paris to the South West of France. Furthermore, Betclic governance continues to reduce the …

Norwegian state-owned gambling group Norsk Tipping has moved to restructure its senior executive leadership team adding two new appointments to lead the firm’s future enterprise strategy. In its update,  Norsk Tipping confirms the appointment of Eirill Holtvedt as new Director of Corporate Strategy and Development. A former senior finance and venture funding executive for DNB Norway, Holtvedt joins Norsk Tipping leadership …

The governance of Swedish state-owned gambling enterprise Svenska Spel ends its six-month executive search to replace outgoing leader Lennart Käll, confirming the appointment of Patrik Hofbauer as new Group CEO. A seasoned media executive, Hofbauer joins Svenska Spel’s leadership team, from leading Scandinavian telecoms operator Telenor Sverige where he most recently served as CEO (2014-2018). Entering 2018, Svenska Spel confirmed the …

In a move to expand its live play gaming dynamics, Gibraltar-based industry games developer Pragmatic Play has confirmed that it will acquire Extreme Live Gaming from Novomatic Group for an undisclosed fee. Operating out of London and Malta, Extreme Live has formerly served as the live gaming studio property for Austrian multi-national gambling group Novomatic. The confirmed transaction sees Pragmatic …

Following last May’s publication of the UKGC’s statistics on gambling trends, Virtual Sports sits third amongst bookmaker’s revenue channels. As industry technology providers seek to optimise data and in-play dynamics of Virtual Sports content, what now lies ahead for this once niche betting vertical…   ____________________ The spotlight rarely falls on virtual sports, one of the least talked about yet increasingly significant …

SG Digital, the new technology division of Nasdaq-listed Scientific Games Corporation (SGC) continues to make progress on its US agenda, confirming that it has completed mandatory pre-compliance testing set by the Mississippi Gaming Commission. Updating the market, SG Digital confirms that its ‘OpenBet – Sportsbook Retail Platform’ has fulfilled all requirements of the Mississippi Gaming Commission’s ‘GLI-33 Event Wagering Systems’ …